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GDP

30 Results / Page 3 of 4

Background

Environment

Can ‘degrowth’ solve our ecological, social & economic problems?

Two people biking in Amsterdam, a city well known for its cycling culture. Image by Sabina Fratila (@momhasapples) via Unsplash. By Mike DiGirolamo, Rachel Donald via Mongabay Research published in the journal Humanities and Social Sciences Communications finds that just in the United States, trillions of dollars are wasted on things that do not improve the quality of life for Americans. Podcast guest Timothée Parrique, an economist and researcher at the Lund University School of […]

todayJanuary 31, 2024 20

Africa

Will Kenya’s strategic mining reforms catalyse a sector renaissance?

    By Bonface Orucho, via bird story agency Kenya's mining and extractives sector is flourishing, reaping the rewards of recent reforms that promise to increase sector revenues as the country positions itself for economic gains from the burgeoning industry. From legal and legislative reforms to seamless mapping and surveying of available resources, the East African country is showing increased interest in tapping into new revenue-generating opportunities in the sector. […]

todayJanuary 30, 2024 8

Business / Economics

Cooperation only path to protecting humanity from ongoing crises, Commonwealth Secretary-General tells Non-Aligned Movement Summit

    The Commonwealth Secretary-General, the Rt Hon Patricia Scotland KC, addressed leaders from 121 Non-Aligned Movement countries, calling for greater cooperation to protect all humanity from overlapping economic, environmental and security challenges. She was speaking at the 19th Summit of Heads of State and Government of the Non-Aligned Movement in Kampala, Uganda, on 20 January 2024. Addressing leaders, foreign affairs ministers and strategic partners as an official observer, the […]

todayJanuary 22, 2024 5

Africa

AfCFTA to boost regional trade by 80%

More than half of African countries will use the rules of a continental free-trade pact this year as the continent moves closer to fully integrating into a single market. According to Bloomberg News, AfCFTA Secretary-General Wamkele Mene told a World Economic Forum panel in Davos Tuesday that of the 47 countries that have ratified the African Continental Free Trade Area, 31 will join the trade initiative, up from seven in […]

todayJanuary 17, 2024 8

World

US GDP grows but voters remain dissatisfied at economy

The US economy grew 4.9% last quarter, new figures show — that's lower than recent estimates, but still the fastest pace of expansion since the fourth quarter of 2021. The Bureau of Economic Analysis said the rise "reflected increases in consumer and government spending." From Washington, Benji Hyer reports.  

todayDecember 22, 2023 6

Business / Economics

The gross domestic product for the third quarter of 2023 expanded by 7.2 percent

  Domestic Economy 1. In the third quarter of 2023, the Real Gross Domestic Product (GDP) exhibited a noteworthy expansion, registering a robust growth of 7.2 percent. This represents a substantial increase from the 5.4 percent recorded during the corresponding quarter of the preceding year. The economy witnessed a commendable trend, characterized by 10 consecutive quarters of positive growths. 2. In nominal terms, the size of the Namibian economy, quantified […]

todayDecember 14, 2023 7

networking

Africa

Namibia, Ghana hold B2B networking session

The Namibian Tourism Board (NTB) on Monday held a business-to-business (B2B) networking session with over 21 tourism industry partners from Ghana to position Namibia as a tourism destination and investment opportunity. Speaking at the event in Windhoek, NTB Head of Marketing, Charmaine Matheus, explained that the B2B engagement aims to promote Namibia as a tourism destination and investment opportunity amongst Ghanaians in various sectors of the economy, including tourism. “Linking […]

todayNovember 21, 2023 8

Opinion Pieces

Namibia Tourism and Hospitality Industry Make Significant Strides

By Josef Kefas Sheehama The tourism industry contributes about 10 percent to the global GDP. In Namibia, the contribution of tourism and hospitality to GDP was N$7, 7 billion or 3, 7% of nominal gross domestic product (GDP) and an indirect contribution of N$24, 8 billion, or 12, 0% of nominal GDP. Considering the tourist demographic, Europeans accounted for 64% in September, with Namibians at 18% and South Africans at […]

todayNovember 14, 2023 13

Africa

Africa’s GDPs Exit the Pandemic Era Second to None

By Matthew A. Winkler via BizNews For all of Covid-19’s disruptions, one trend during the global pandemic presses on unabated. And that would be five of the world’s 10 fastest-growing economies continue to be based in Africa and at least several more on the continent over the next two years are poised to outperform the world. The coronavirus, if anything, accelerated the transition among Africa’s 54 countries to wireless, remotely engaged commerce […]

todayNovember 1, 2023 4

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