insert_link Entertainment South Africa’s conservation model: why expanding the use of biodiversity to generate money is a good idea By Hayley Clements, Stellenbosch University; Alta De Vos, Stellenbosch University, and Matthew Child, University of Pretoria South Africa’s government is calling for public comments on an updated version of its existing biodiversity economy plan. The National Biodiversity Economy Strategy aims to conserve biodiversity while also contributing to job creation and economic growth. It proposes to do this by promoting sustainable use of the country’s natural resources. The […] todayApril 5, 2024 13
insert_link Local NBL announces half year financial results for 2023 Namibia Breweries Limited (NBL) today announced the summarized consolidated financial results for the 6 months which ended December 2023. As a proudly Namibian business that is vested in growing the country’s economy for the past 103 years, NBL’s first half financial results show that it is geared towards evolving as a future-fit business during tough economic times. Socio-economic conditions remained challenging, and income disparity increased. NBL’s dominant position in […] todayApril 5, 2024 13
insert_link Business / Economics Namibia’s economy slows but tertiary sectors improve Namibia’s domestic economy slowed to record a growth of 4.2% in 2023, relative to a growth of 5.3% recorded in 2022, according to national accounts figures released by the Namibia Statistics Agency on Tuesday. The Primary and Secondary industries registered growth rates of 9.7% and 2%, respectively, compared to growth rates of 13.7% and 3.4% in the previous year. According to NSA data, the tertiary industries posted an increase of […] todayMarch 27, 2024 29
insert_link Business / Economics Sri Lanka cuts key interest rates, seeks China deal Sri Lanka's central bank cut interest rates Tuesday as the prime minister visited China seeking a debt restructuring deal crucial to maintaining an IMF bailout. Transport minister and government spokesman Bandula Gunawardana said Prime Minister Dinesh Gunawardena was in Beijing, the island's biggest bilateral creditor. "We are in the final stages of restructuring our foreign debt and the prime minister is in China for this purpose," Gunawardana told […] todayMarch 26, 2024 18
insert_link World Vladimir Putin’s gold strategy explains why sanctions against Russia have failed By Robert Huish, Dalhousie University There are more than 16,000 sanctions imposed against Russia. Yet the Russian economy and war machine grew by 3.6 per cent in 2023 and is projected to grow another 2.6 per cent in 2024. Nearly six per cent of Russia’s gross domestic product goes towards military spending. At a time when Ukrainian President Volodymyr Zelenskyy is scrambling to acquire arms, funds and […] todayMarch 19, 2024 9
insert_link Africa Inflation in Nigeria is still climbing while it has slowed globally: here’s why By Stephen Onyeiwu, Allegheny College Just as Nigerians were gradually digging out from the devastating effects of the COVID-19 pandemic, they were hit by high inflation. The Nigerian economy contracted by 6.1% at the peak of COVID in the second quarter of 2020. Unemployment rate rose from 27% in the second quarter of 2020 to 33% in the fourth quarter of the same year. The World Bank estimated […] todayMarch 14, 2024 18
insert_link Business / Economics Economic inclusion of people with disabilities cornerstone for Economic growth By Josef Kefas Sheehama It is indeed regrettable that people with disabilities continue to face exclusion from the economy. We are excluded from employment, skills training, education, and other critical areas of development. The latest reports indicated that 95% of people who have disabilities in the Kunene region are unemployed, while in the Khomas region, it is nearly 70% according to the Namibia Association for Wheelchair Users. […] todayMarch 13, 2024 9
insert_link Namibia Concerns Raised by Business and Economics Researcher Over Agriculture Allocation in National Budget In a recent interview with Future Media News, Independent Business and Economics researcher Josef Sheehama commended the overall national budget but expressed concerns about the allocation to the Agriculture ministry. Despite a commendable 45% allocation to youth, the meager 1.9 billion dedicated to agriculture raised eyebrows. todayMarch 12, 2024 7
insert_link Africa After Ivory Coast’s thrilling AFCON 2023 can Ghana’s Africa Games 2023 shape up? By Bonface Orucho, bird story agency After the eventful, action-filled AFCON 2023 tournament in Ivory Coast that concluded last month, West Africa is now hosting another sporting extravaganza, as Ghana hosts the 13th edition of the Africa Games. This promises a month packed with athleticism, passion, and continental unity, with surge in the number of participating countries. The pan-African multi-sport event, organized under the African Union's Sports […] todayMarch 8, 2024 19
