insert_link Interview Transcripts EXCLUSIVE INTERVIEW: A Call for Action: Economic Inclusion for People with Disabilities in Namibia In a recent interview with independent business and economic researcher Josef Kefas Sheehama, the pressing issue of economic inclusion for people with disabilities in Namibia took center stage. With a candid assessment of the current situation, Sheehama shed light on the dire need for proactive measures to address the staggering levels of unemployment and neglect faced by this segment of the population. Opening the conversation, Sheehama emphasized the critical importance […] todayMarch 18, 2024 17
insert_link Business / Economics 18 March 2024: Morning Biz News: Financial Snapshot: Key Indicators in Focus Standard Bank Holdings Namibia Reports Robust Profit Growth: Standard Bank Holdings Namibia has announced a significant increase in profit after tax for the period ending December 31, 2023. The reported profit surged to N$770 million, marking a notable 23.3% rise from the previous year's figure of N$624 million. This impressive growth is attributed to several factors, including a 24.6% increase in net interest income, largely driven by ongoing repo rate […] todayMarch 18, 2024 14
insert_link Namibia Independent Researcher Urges Government Officials and Associations to Address Disability Issues In an exclusive interview, Josef Kefas Sheehama implored Deputy Ministers and relevant associations to come together in finding swift and effective solutions to the challenges faced by people with disabilities in Namibia. The independent Economic and Business Researcher stressed the importance of unified efforts to ensure equal opportunities and access to employment, education, and essential services for this marginalized segment of society. todayMarch 18, 2024 16
insert_link Business / Economics 15 March 2024 Morning Biz News: Recent Developments in Business and Finance 1. Custos Energy Strikes Oil in Mopane-2X Well Custos Energy has made a significant breakthrough with the discovery of high-quality light oil during the drilling of the Mopane-2X well. Galp Energia, a subsidiary of Portugal's Galp, leads the operation under Petroleum Exploration Licence 83, holding an 80% interest. The National Petroleum Corporation retains a 10% stake, with Custos Energy holding the remaining 10% working interest. 2. PAR Group Announces Expansion […] todayMarch 15, 2024 3
insert_link Business / Economics 14 March 2024 Morning Biz News: Strategic Expansion: Namib Desert Diamonds Targets Far East Markets Namib Desert Diamonds (NAMDIA) has set its sights on the Far East, with a strategic push into markets in Vietnam and Hong Kong. This move, spearheaded by Alisa Amupolo, the Chief Executive Officer of NAMDIA, aims to leverage emerging opportunities and position the company for substantial revenue growth in the region. The announcement of this expansion underscores the growing significance of Far East markets in the global diamond trade. With […] todayMarch 14, 2024 10
insert_link Business / Economics 13 March 2024 Morning Biz News: Lüderitz Poised to Lead in Oil and Gas Sector with Inaugural Local Content Conference Lüderitz, a coastal town in Namibia, is gearing up to take center stage in the burgeoning oil and gas industry. Set to host the first-ever local content conference and exhibition next month, Lüderitz aims to position itself as a pivotal player in this rapidly evolving sector. The conference, with its primary objective of identifying industry gaps and fostering opportunities for local participation across the oil and gas value chain, marks […] todayMarch 13, 2024 290
insert_link Business / Economics EXCLUSIVE INTERVIEW: Unpacking the National Budget: Insights from Independent Business and Economic Researcher Josef Sheehama As we delve into the recent national budget with the insights of independent business and economic researcher, Josef Sheehama. In a recent interview, Sheehama shared his perspective on the budget allocation, emphasizing both positives and concerns regarding the distribution of funds. Youth Allocation Highlights Positives, but Agriculture Faces Shortcomings The budget, as described by Sheehama, has some commendable aspects, particularly the allocation of 45% to youth initiatives. This is […] todayMarch 12, 2024 13
insert_link Business / Economics 12 March 2024 Morning Biz News: Pupkewitz Group Expands Beyond Namibia, Financial Indicators, and Global Market Highlights Pupkewitz Group's International Endeavors The Pupkewitz Group, a prominent Namibian conglomerate, has taken a significant step toward international expansion with the inauguration of its first retail store outside Namibia. The Megatech branch, located in Upington, South Africa, marks the Group's foray into new markets. Andrea Barry, Chair of the Megatech Board and a Director at Pupkewitz Holdings, emphasized the strategic advantage of Namibia's geographical positioning, allowing the Group to […] todayMarch 12, 2024 16
insert_link Business / Economics 11 March 2024 Morning Biz News: Economic Highlights: Entrepreneurship Training, Rand Strengthens, Nigeria’s Forex Inflows, and Saudi Aramco’s Plans in China Empowering Namibian Entrepreneurs The Ministry of Industrialisation and Trade in Namibia has celebrated a significant milestone in its efforts to foster entrepreneurship. The EMPRETEC Namibia program, initiated in 2019, has successfully provided entrepreneurship training to approximately 2000 Macro, Small, and Medium Enterprises (MSMEs). In a recent expansion of this impactful initiative, an additional 188 MSMEs commenced their training on Friday. This initiative contributes substantially to the growth and development of […] todayMarch 11, 2024 9
