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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Economics

79 Results / Page 9 of 9

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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 7

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Business / Economics

Market Moves and Financial Frontiers: Trustco’s Strategic Investment, Fuel Price Projections, Corporate Governance Agreements, and Asian Stocks’ Setback Unveiled

1. Trustco Group Holdings Secures NAD 950 Million Investment from Riskowitz Value Fund LP In a strategic move to bolster its financial standing and consolidate its presence in the local economy, Trustco Group Holdings Limited is on the brink of finalizing significant deals with key shareholders. A substantial cash investment, expected to reach up to NAD 950 million, is in the pipeline, with the United States fund, Riskowitz Value Fund […]

todayJanuary 17, 2024 5

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Business / Economics

6am 16 January 2024 Economic Highlights and Financial Indicators: A Recap of Recent Developments

  Namibia's Economic Growth Projection for 2024: Namibia is poised to witness one of the slowest economic growth rates in Africa in 2024, ranking ninth according to the United Nations (UN) World Economic Situation Prospects Report. The report forecasts a deceleration in the country's gross domestic product (GDP) to 2.6%, down from the 3.2% projected for 2023. South African Rand Weakening Against the Dollar: On Monday, the South African rand […]

todayJanuary 16, 2024 7

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Interview Transcripts

Josef Sheehama on “Navigating the Year of Expectations: Insights into Namibia’s Economic Landscape”

Our team recently spoke with Independent Economic And Business Researcher Joseph Sheehama. And what a great topic or shall we say topics we covered. Here's the full trnascript. In a recent radio interview, Mr. Joseph Sheehama, a prominent figure and commentator on Namibian affairs, shared valuable insights on various topics, including the upcoming general elections, the state of the nation's development, and the role of the informal sector. This article […]

todayJanuary 15, 2024 8

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Africa

IMF working with several African countries

https://youtu.be/c7ZwwF1-f84 The IMF is working with authorities in several African countries to provide help stabilizing their economies and financial situations spokesperson Julie Kozack told reporters Thursday (March 23) in Washington, DC. Ghana is seeking funding from the Fund with The West African country, struggling with its worst economic crisis in a generation. Ghana secured a staff-level agreement with the IMF in December for a $3 billion loan, but approval is contingent […]

todayJanuary 12, 2024 34

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Business / Economics

IMF forecasts a ‘soft landing’

https://youtu.be/jlI1BZ81K-w The IMF sees the global economy headed for a ‘soft landing’ scenario but warns that leaders should be preparing for future shocks and challenges, spokesperson Julie Kozack told reporters Thursday in Washington, DC. (Jan. 11) “So we've had a relatively resilient global economy so far. We expect that resilience to continue into 2024. At the same time, inflation is coming down. Labor markets continue to be, uh, resilient. Of […]

todayJanuary 12, 2024 17

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Uncategorized

Morning Breaking Business News: Global Economic Highlights

By Leonard Witbeen | January 10, 2024 Namibia Revenue Agency Launches Second Time Release Study In a strategic move to enhance trade efficiency, the Namibia Revenue Agency  has revealed plans for the second Namibia Time Release Study at the Trans Kalahari Border Post. Scheduled from January 15 to January 25, the study aims to provide a comprehensive assessment of the real-time duration for the release and clearance of goods. It […]

todayJanuary 11, 2024 16

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