insert_link Business / Economics 27 February 2024 Morning Biz News: Summary of Financial News: Namibia's Tax Policies and Concerns: Analysts and industry experts are closely scrutinizing Namibia's tax policies, expressing concerns about the efficiency of revenue collection processes, specifically in tax refund processing. Cameron Kotze, the risk and compliance manager at Namib Mills, is urging the government to consider introducing capital gains tax incentives as part of broader reforms to streamline the system and stimulate economic growth. South Africa's Rand Depreciation: South Africa's rand […] todayFebruary 27, 2024 6
insert_link Business / Economics Driving Economic Transformation: Namibia’s Strategic Moves, South Africa’s Inflation Trends, and Global Financial Indicators In the dynamic landscape of global economics, strategic initiatives play a pivotal role in shaping the future prosperity of nations. In this article, we delve into three key developments that are currently influencing economic dynamics: Namibia's focus on dry ports and railway upgrades, South Africa's inflation trends, and the latest global financial indicators. Namibia's Economic Transformation: Analysts are highlighting the transformative potential of prompt execution of dry ports and […] todayFebruary 22, 2024 12
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 […] todayFebruary 15, 2024 1
insert_link Business / Economics 9 February 2024 Biz News: Economic Highlights: Namibia’s Diamond Surge, NNPC’s Fuel Price Assurance, and Global Market Updates In the dynamic landscape of global markets, several key developments have unfolded, impacting economies and industries. In this article, we delve into the latest economic highlights, ranging from Namibia's booming diamond production to Nigeria's stance on petrol prices, and the ripple effects of geopolitical tensions on oil prices and currency markets. Namibia's Diamond Production Soars: Namibia has witnessed a significant upswing in rough diamond production, reaching 2.327 million carats in […] todayFebruary 9, 2024 5
insert_link 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 4
insert_link 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
