insert_link Business / Economics 15 February 2024 Morning Biz News: Economic Developments and Financial Indicators: A Snapshot of Recent News In the dynamic landscape of global economies, recent developments highlight the challenges and opportunities faced by various countries. From ambitious power projects in Namibia to currency fluctuations in South Africa, outstanding debts settlement in Nigeria, and unexpected economic downturns in Japan, this article provides insights into the latest economic trends. Additionally, we'll explore the current financial indicators that play a crucial role in shaping the economic landscape. NamPower's Bold […] today15 February, 2024
insert_link Business / Economics 14 February 2024 Morning Biz News: Economic Insights: Namibia’s Wind Energy Potential, Rand Weakens, OPEC’s Oil Demand Forecast, and Global Market Shifts A Comprehensive Overview of Key Economic Developments and Financial Indicators 1. McKinsey & Company Report Highlights Namibia's Wind Energy Revenue Potential A recent McKinsey & Company report underscores Namibia's potential to generate N$13.9 billion in revenue by 2050 through local production of wind turbine towers and blades. The report breaks down the potential contribution, with a direct impact of 30%, an indirect contribution of 41%, and an induced contribution of […] today14 February, 2024
insert_link Business / Economics 13 February 2024 Biz News: Economic Landscape Update: Fuel Levy Increase, Currency Movements, and Global Market Dynamics A Comprehensive Overview of Key Developments Shaping Economic Trends 1. Road Fund Administration Seeks Additional N$1 Fuel Levy Increase The Road Fund Administration (RFA) in Namibia is actively pursuing a further N$1 increase in the fuel levy, building on the 20-cent hike implemented in December. While the initial adjustment aimed to address the funding gap for road maintenance and rehabilitation, RFA Chief Executive Officer Ali Ipinge acknowledges that it falls […] today13 February, 2024
insert_link Business / Economics 12 Feb 2024 Biz News: Economic Insights: Plastic Bag Pricing Probe, Sasol’s Profit Dip, Moody’s Downgrades Niger, and Bezos’ Amazon Share Sell-Off 1. Investigation Launched into Potential Overpricing of Plastic Bags In a bid to ensure fair pricing and compliance with regulations, Namibia's Environment, Forestry, and Tourism ministry have initiated an investigation into the pricing practices of retailers concerning plastic bags. Minister Pohamba Shifeta acknowledges preliminary findings revealing that some stores are charging between N$1 and N$5 per plastic carry bag, potentially exceeding government-mandated rates. This move reflects the government's commitment to […] today12 February, 2024
insert_link Uncategorized 8 February 2024 Biz News: Global Economic Highlights: TotalEnergies’ Potential Oil Discovery, Rand’s Movement, and Market Trends In the dynamic world of global economics, recent developments have captured the attention of investors and analysts alike. From potential oil discoveries off the coast of Namibia to shifts in currency values and market trends, let's delve into the latest financial indicators and explore the implications of these events. TotalEnergies' Deepwater Drilling Success in Namibia: TotalEnergies, a major player in the energy sector, has reported positive results from its […] today8 February, 2024
insert_link Business / Economics Market Watch – 6 February 2024 With the National Budget scheduled to be tabled later this month, Michelle spoke to independent economist Gabriel Erastus about government's budgets and their performance against the targets they set themselves. https://iono.fm/e/1403680 today7 February, 2024
insert_link Business / Economics 07 February 2024 Morning Biz News: Current Economic Landscape: Key Updates 07 February 2024 Economics Update- Namibian President's Cautious Optimism Amid Challenges: President Nangolo Mbumba, in the opening of the 9th session of the 7th Parliament, shares cautious optimism about Namibia's economic trajectory. While highlighting achievements in socio-economic development, he acknowledges significant challenges. President Mbumba urges Members of Parliament to focus on enacting laws that will support and bolster economic growth. De Beers and Okavango Diamond Company Appeal on Russian […] today7 February, 2024
insert_link Africa ‘Made in Africa’ gets a boost as cross-border trade gathers pace By Conrad Onyango, via bird story agency African leaders are beginning a push for increased consumer consciousness of ‘Made in Africa’ products as cross-border trade opens new opportunities for economic growth. Inaugurating South Africa’s first trade shipments under the African Continental Free Trade Area (AfCFTA), President Cyril Ramaphosa urged over 12 African trade ministers attending the 13th AfCFTA Council of Ministers meeting in Durban, to bolden their push […] today6 February, 2024
insert_link Business / Economics President Dr. Nangolo Mbumba to Inaugurate Ninth Session of the Seventh Parliament in 2024 This afternoon, President Dr. Nangolo Mbumba will officially open the ninth session of the Seventh Parliament. The session is set to address a range of significant Bills, prompting us to seek the perspective of Graham Hopwood, Director of the Institute for Public Policy Research, on the upcoming legislative agenda. today6 February, 2024
