insert_link Business / Economics BIZ NEWS 1 FEBRUARY 2024: Financial Insights Digest: Economic Surges, Strategic Moves, and Global Indicators – A Comprehensive Overview 1. Namibia's Economic Outlook Soars on Surging Uranium Prices The Chamber of Mines anticipates a robust economic boost for Namibia in 2024, driven by a remarkable surge in uranium prices, marking the highest in over 12 years. Veston Malango, CEO of the Chamber, highlights the expected upturn, fueled by increased production in existing mines and the anticipated commencement of production at the Langer Heinrich uranium mine in the first quarter […] todayFebruary 1, 2024 3
insert_link Business / Economics Market Watch – 30 January With a look at the year ahead, including the implications of the looming water crisis in the central areas of the country, Michelle van Wyk talks to Robert McGregor. https://iono.fm/e/1401101 todayJanuary 31, 2024 2
insert_link Environment Can ‘degrowth’ solve our ecological, social & economic problems? Two people biking in Amsterdam, a city well known for its cycling culture. Image by Sabina Fratila (@momhasapples) via Unsplash. By Mike DiGirolamo, Rachel Donald via Mongabay Research published in the journal Humanities and Social Sciences Communications finds that just in the United States, trillions of dollars are wasted on things that do not improve the quality of life for Americans. Podcast guest Timothée Parrique, an economist and researcher at the Lund University School of […] todayJanuary 31, 2024 20
insert_link Business / Economics BIZ NEWS: Economic Developments and Global Partnerships: A Roundup of Recent Updates 1. Trans-Kalahari Railway Tender Nears Conclusion for Crucial Botswana Connection The Namibian government is actively engaged in finalizing the awarding of the Trans-Kalahari railway tender, with the goal of establishing a vital connection with Botswana by the end of the current year. The tender, which concluded in November 2023, garnered significant interest from both international and local companies, reflecting a strategic move towards enhancing regional infrastructure. 2. Arcelormittal South Africa […] todayJanuary 30, 2024 5
insert_link Africa 26 January 2024 Business Highlights – The World’s Latest Economic Developments By Leonard Witbeen Namibia Airports Company Engages Local Leaders for Airport ExpansionThe Namibia Airports Company (NAC) is in talks with traditional authorities and local leadership in the Zambezi and Kavango East regions to secure additional land for the development of modern airports. Bisey Uirab, NAC's CEO, highlighted that the current airports in the Zambezi and Kavango East regions are situated on land owned by the Ministry of Defence and Veterans […] todayJanuary 26, 2024 5
insert_link Africa BIZ NEWS JANUARY 25, 2024: Namibian Government Rules Out Immediate National Airline, Hints at Regional Carrier Future In the wake of Air Namibia's 2021 liquidation, the Namibian government has officially dismissed any immediate plans for a new national airline. Works and Transport Minister John Mutorwa conveyed this decision, while also offering a glimpse of hope for the emergence of a future Namibian-flag carrier. Mutorwa hinted at the possibility of a smaller, regional airline taking flight down the line. [Read more] South Africa's Inflation Sees Further Decline in […] todayJanuary 25, 2024 4
insert_link Business / Economics Namibia’s Annual Inflation Moderates to 5.3% in December 2023 In December 2023, Namibia experienced a moderation in its annual inflation rate, standing at 5.3% year-on-year. This represented a slowdown from the 5.7% year-on-year figure observed in November 2023 and a more substantial decline from the 6.9% recorded the previous year. FNB Namibia Economist, Ruusa Nandago, provides insights into what can be anticipated regarding inflation for the year 2024. todayJanuary 24, 2024 19
insert_link Business / Economics Morning Biz News- Headline: “Namibia’s Trade Dynamics, Rand Strengthens, Nigeria Supports Shell, and Oil Prices Fluctuate in Global Markets” 1. Namibia's Trade Balance Shows Improvement in November 2023 Namibia's trade balance exhibited a deficit of N$4 billion in November 2023, reflecting an improvement compared to the N$4.5 billion deficit recorded in October 2023. The trade landscape underscores China as the largest market for exports, while South Africa maintains its position as Namibia's primary supplier. This update offers insights into the country's evolving economic relationships and trade dynamics. 2. South […] todayJanuary 19, 2024 3
insert_link Business / Economics Recent Developments in African Economies: Namibia Leads in Drilling Rig Demand, South Africa Faces Retail Sales Decline, Nigeria Resolves Forex Forward Liabilities, and Oil Prices Rise Here's your morning Biz News. Namibia's prominence in the competitive energy sector is underscored by its top-five position among African countries with the highest demand for drilling rigs, according to the State of African Energy 2024 Outlook. The African Energy Chamber recognizes Namibia's significant role in efficient and sustainable resource exploration. South Africa experiences a 0.9% year-on-year decline in retail sales in November, following a revised 2.3% drop in October, […] todayJanuary 18, 2024 5
