#GlobalMarkets

14 February 2025 Morning Market Update: Local and Global Financial Trends

By Leonard Witbeen The Namibian stock market saw significant activity yesterday, with 1,582,354 shares traded at a total value of N$13.65 million across 28 deals. The financial sector led with N$11.89 million in trades, while the real estate sector followed with N$274,678. Year-to-date, market trades have reached 8 million shares, totaling N$481.55 million. Global Currency and Market Trends South African Rand Holds Steady Amid Tariff Speculation According to Reuters, South […]

February 14, 2025 22

Business / Economics

11 February 2025 Morning Biz News

Namibia’s Diamond Production Drops as Namdeb Surges Namibia's rough diamond production totaled 2.234 million carats in 2024, reflecting a 4% decline from the 2.327 million carats mined in 2023, according to the latest data from De Beers, as reported by The Brief. Despite the overall decline, Namdeb saw a remarkable 30% surge in output, reaching 609,000 carats compared to 468,000 carats the previous year. In the fourth quarter alone, Namdeb's […]

February 11, 2025 18

World

Trump to announce 25% steel and aluminium tariffs

Donald Trump says he'll announce a new 25% tariff on steel and aluminium imports on Monday. It comes as the US president ramps up his threats to impose duties on multiple countries as a way to reduce the US trade deficit. Nick Harper reports from Washington.

February 10, 2025 44