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

Emerging Markets

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30 October-07 November 2024 Weekly Economics Wrap: Key Developments and Global Trends

    Namibia's Agricultural Growth: The Namibia Berries Project Expansion The Namibia Berries Project is setting its sights on significant expansion. The project plans to grow by 75 hectares annually, targeting 240 hectares by 2026. The ambitious vision, shared by founder Michael Rodenburg, aims for long-term growth, with a potential reach of 500 hectares, depending on funding and community development. This expansion is poised to make a substantial impact on […]

todayNovember 7, 2024 5

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Business / Economics

7 November 2024 Morning Biz News Update: Global Economic Trends and Market Reactions

In the midst of economic uncertainty and fluctuating markets, key events have been shaping global financial trends this week, with implications for businesses and markets across Africa and beyond. Afreximbank Trade Finance Seminar at Windhoek Country Club Resort The Windhoek Country Club Resort is currently hosting the Afreximbank Trade Finance Seminar and Workshop, bringing together industry experts and stakeholders to foster intra-Africa trade and address challenges in the current global […]

todayNovember 7, 2024 7

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Business / Economics

Emerging markets experience 9% drop in Foreign Direct Investment

Global foreign direct investment flows could rise modestly in 2024 after a marginal increase last year due to higher investment in some European economies, the United Nations trade body said on Wednesday. Emerging Markets have seen a decline in Foreign Direct Investment in 2023 by 9 percent to $841 billion. Meanwhile, developing Asian countries bore the brunt with a 12% decrease, and China reported an unusual 6% drop in FDI […]

todayJanuary 18, 2024 8

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Science & Technology

AI to hit 40% of jobs and worsen inequality

Almost 40% of jobs around the world could be affected by the rise of artificial intelligence, a trend that is likely to deepen inequality, according to the International Monetary Fund. In a Sunday blog post, IMF chief Kristalina Georgieva called for governments to establish social safety nets and offer retraining programs to counter the impact of AI. CNN reports that Georgieva said the effects were expected to be felt more […]

todayJanuary 15, 2024 25

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Business / Economics

Ripples of 2023: FBS’s insight on the 2024 global financial outlook

With 2023 coming to an end, leading global broker FBS looks back at the significant economic events and delves into the perspective of the financial landscape in 2024. FBS financial market analysts point out that next year, financial markets will stand at the cusp of transformation under the influence of the US economy, global and local military conflicts, and the sprawl of AI. As FBS experts further stress, the cautious stance […]

todayDecember 19, 2023 5

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