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

Finance

44 Results / Page 4 of 5

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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 […]

todayFebruary 6, 2024 13

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Business / Economics

06 February 2024 Economic Insights : February 2024 Biz News Roundup

In this edition of Biz News we bring you the latest updates on key economic developments that could shape financial landscapes globally. From changes in fuel prices to international market trends, let's dive into the stories that matter. Fuel Price Adjustments in Namibia: The Namibian Ministry of Energy has announced a welcome relief for consumers with a reduction of 4 cents per litre in petrol and both variants of diesel […]

todayFebruary 6, 2024 3

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Business / Economics

2 FEBRUARY BIZ NEWS: Exciting Developments in Mining, Media, and Finance: A Roundup of Recent Market News

B2Gold Corp Unveils Promising Exploration Results in Namibia In a recent announcement, B2Gold Corp has shared encouraging exploration results from the Antelope deposit within Namibia's Otjikoto Mine. The positive outcomes, particularly from the Springbok and Oryx Zones, hint at the potential establishment of a new underground mine. Clive Johnson, B2Gold's Chief Executive Officer, expressed optimism, highlighting a significant opportunity for expanding gold production in the region. This development underscores the […]

todayFebruary 2, 2024 2

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World

India orders halt to much of Paytm’s business

India's central bank has ordered Paytm Payments Bank - one of the leaders in the country's digital payments space - to halt a large part of its business. Indian regulators cited persistent non-compliance. Rebecca Bundhun reports from Mumbai.  

todayFebruary 1, 2024 29

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Business / Economics

BIZ NEWS 1 FEBRUARY 2024: Financial Insights Digest: Economic Surges, Strategic Moves, and Global Indicators – A Comprehensive Overview

1. Namibia's Economic Outlook Soars on Surging Uranium Prices The Chamber of Mines anticipates a robust economic boost for Namibia in 2024, driven by a remarkable surge in uranium prices, marking the highest in over 12 years. Veston Malango, CEO of the Chamber, highlights the expected upturn, fueled by increased production in existing mines and the anticipated commencement of production at the Langer Heinrich uranium mine in the first quarter […]

todayFebruary 1, 2024 4

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Africa

26 January 2024 Business Highlights – The World’s Latest Economic Developments

By Leonard Witbeen Namibia Airports Company Engages Local Leaders for Airport ExpansionThe Namibia Airports Company (NAC) is in talks with traditional authorities and local leadership in the Zambezi and Kavango East regions to secure additional land for the development of modern airports. Bisey Uirab, NAC's CEO, highlighted that the current airports in the Zambezi and Kavango East regions are situated on land owned by the Ministry of Defence and Veterans […]

todayJanuary 26, 2024 5

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Africa

BIZ NEWS JANUARY 25, 2024: Namibian Government Rules Out Immediate National Airline, Hints at Regional Carrier Future

In the wake of Air Namibia's 2021 liquidation, the Namibian government has officially dismissed any immediate plans for a new national airline. Works and Transport Minister John Mutorwa conveyed this decision, while also offering a glimpse of hope for the emergence of a future Namibian-flag carrier. Mutorwa hinted at the possibility of a smaller, regional airline taking flight down the line. [Read more] South Africa's Inflation Sees Further Decline in […]

todayJanuary 25, 2024 5

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Business / Economics

BUSINESS AND FINANCIALS UPDATE 24 JANUARY 2024

Orano Mining Namibia Contemplates Resuming Operations at Trekkopje Mine Amidst Uranium Price Surge: Orano Mining Namibia is currently exploring potential actions, including the potential resumption of operations at its Trekkopje Mine, driven by the recent upswing in uranium spot prices. The mine, located in the Erongo Region, was placed under care and maintenance in 2013, with the commencement of operations deferred indefinitely, contingent upon the eventual recovery of uranium prices. […]

todayJanuary 24, 2024 4

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