insert_link Interview Transcripts EXCLUSIVE: Economic Analyst Josef Kefas Sheehama Discusses the Prospects of Namibia’s Rand-Nam Dollar Divorce February 19, 2024/ Leonard Witbeen In a recent commentary, independent economic and business researcher Josef Kefas Sheehama shared his insights on the possibility of Namibia distancing itself from the South African Rand and adopting its own currency, the Nam Dollar. The discussion primarily revolved around the potential economic impacts and the timeframe within which such a transition could occur. Sheehama initiated his remarks by acknowledging the importance of the issue […] todayFebruary 19, 2024 16
insert_link Business / Economics Financial Highlights: Dundee Precious Metals, Currency Movements, Inflation Concerns, and Oil Price Uncertainty February Morning Biz News: In the dynamic world of finance, recent developments have brought forth significant changes, impacting various sectors. Let's delve into some key updates affecting Dundee Precious Metals Inc., currency movements, inflation concerns in Nigeria, and the uncertainty surrounding oil prices. 1. Dundee Precious Metals Announces Potential Sale of Tsumeb Smelter Dundee Precious Metals Inc. has made a strategic decision to explore the potential sale of its Tsumeb smelter, citing a […] todayFebruary 16, 2024 4
insert_link South Africa South AfricaFNB Senior Economist Highlights Decline in South African Shopping Activity Amidst Challenging Economic Climate Senior economist at FNB South Africa, Siphamandla Mkhwanazi, notes a one-percent decline in shopping activity last year compared to 2022, indicating a subdued consumer demand environment. This trend is anticipated to persist in the near term, driven by factors such as persistent inflation, elevated interest rates, and dwindling consumer confidence. Mkhwanazi emphasizes that tight lending standards and high debt service costs are likely to keep credit growth contained, both in […] todayFebruary 15, 2024 8
insert_link Business / Economics Market Watch – 13 February 2024 Michelle speaks to Oxford Economics economist Theo Klein about how inflation in our neighbouring countries affects us too. https://iono.fm/e/1405946 todayFebruary 14, 2024 21
insert_link Business / Economics 14 February 2024 Morning Biz News: Economic Insights: Namibia’s Wind Energy Potential, Rand Weakens, OPEC’s Oil Demand Forecast, and Global Market Shifts A Comprehensive Overview of Key Economic Developments and Financial Indicators 1. McKinsey & Company Report Highlights Namibia's Wind Energy Revenue Potential A recent McKinsey & Company report underscores Namibia's potential to generate N$13.9 billion in revenue by 2050 through local production of wind turbine towers and blades. The report breaks down the potential contribution, with a direct impact of 30%, an indirect contribution of 41%, and an induced contribution of […] todayFebruary 14, 2024 8
insert_link Business / Economics 13 February 2024 Biz News: Economic Landscape Update: Fuel Levy Increase, Currency Movements, and Global Market Dynamics A Comprehensive Overview of Key Developments Shaping Economic Trends 1. Road Fund Administration Seeks Additional N$1 Fuel Levy Increase The Road Fund Administration (RFA) in Namibia is actively pursuing a further N$1 increase in the fuel levy, building on the 20-cent hike implemented in December. While the initial adjustment aimed to address the funding gap for road maintenance and rehabilitation, RFA Chief Executive Officer Ali Ipinge acknowledges that it falls […] todayFebruary 13, 2024 7
insert_link Uncategorized 8 February 2024 Biz News: Global Economic Highlights: TotalEnergies’ Potential Oil Discovery, Rand’s Movement, and Market Trends In the dynamic world of global economics, recent developments have captured the attention of investors and analysts alike. From potential oil discoveries off the coast of Namibia to shifts in currency values and market trends, let's delve into the latest financial indicators and explore the implications of these events. TotalEnergies' Deepwater Drilling Success in Namibia: TotalEnergies, a major player in the energy sector, has reported positive results from its […] todayFebruary 8, 2024
insert_link Business / Economics Market Watch – 6 February 2024 With the National Budget scheduled to be tabled later this month, Michelle spoke to independent economist Gabriel Erastus about government's budgets and their performance against the targets they set themselves. https://iono.fm/e/1403680 todayFebruary 7, 2024 28
insert_link Business / Economics 07 February 2024 Morning Biz News: Current Economic Landscape: Key Updates 07 February 2024 Economics Update- Namibian President's Cautious Optimism Amid Challenges: President Nangolo Mbumba, in the opening of the 9th session of the 7th Parliament, shares cautious optimism about Namibia's economic trajectory. While highlighting achievements in socio-economic development, he acknowledges significant challenges. President Mbumba urges Members of Parliament to focus on enacting laws that will support and bolster economic growth. De Beers and Okavango Diamond Company Appeal on Russian […] todayFebruary 7, 2024 3
