Economy

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Business / Economics

Manuel Ngaringombe: The Impact of Crime and Infrastructure on Investments

By Leonard Witbeen- 23rd January 2024 In a recent audio statement, Manuel Ngaringombe discussed the crucial relationship between crime rates, corruption, social cohesion, and infrastructure in attracting investments to a country. Ngaringombe emphasized that a conducive social and political environment plays a pivotal role in luring investors, and factors such as a high crime rate and corruption can create obstacles in this regard. Ngaringombe highlighted that investors are more likely […]

today23 January, 2024

Business / Economics

Latest Financial News Highlights – 23 January 2024

China Aims to Surpass $1 Billion Trade with Namibia China has reaffirmed its commitment to enhance trade ties with Namibia, aiming to exceed the US$1 billion trade achieved in the previous year. The focus is on fostering collaborations in vital sectors such as agriculture, aquaculture, tourism, and mining. Official statistics indicate a substantial 29% increase in bilateral trade volume between China and Namibia from January to September 2023 compared to […]

today23 January, 2024

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 […]

today12 January, 2024