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

Economy

64 Results / Page 3 of 8

Background
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Namibia

The role of regulatory investigations in the ICT industry

      As Namibia joins the Fourth Industrial Revolution (4IR), the Information and Communication Technology (ICT) industry starts to have a significant impact on the country’s economy, promoting equality of opportunity, industrial development, economic growth, and poverty eradication. The Namibian government has put laws in place to encourage the growth of ICT due to its importance to economic development. Through the Communications Regulatory Authority of Namibia (CRAN), the Ministry […]

todayMay 22, 2024 27

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South Africa

Over 26 million South Africans get a social grant. Fear of losing the payment used to be a reason to vote for the ANC, but no longer – study

      By Leila Patel, University of Johannesburg and Yolanda Sadie, University of Johannesburg     Social grants to reduce poverty feature prominently in the campaign promises of political parties in South Africa’s 2024 national and provincial general elections, set for 29 May. The country’s social grants system is one of the largest in Africa in terms of number of beneficiaries. Research shows that this has helped reduce poverty. […]

todayMay 15, 2024 15

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Namibia

Diamond industry growing, despite new industry players

https://youtu.be/F8LsNudVJcY     By Josia Shigwedha, via News on One    With emerging industries in the energy sector such as oil and gas, the diamond industry’s position as a key contributor towards the growth of the sector and economy could be at stake. But this may not be the case as the Namibia Diamond Trading Company (NDTC) Chief Executive Officer, Brent Eiseb, stated that the intake of the precious gemstones for […]

todayApril 24, 2024 28

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Africa

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 strategy […]

todayApril 8, 2024 25

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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 18

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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 17

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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 43

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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 28

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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 10