insert_link Business / Economics 25 September Morning Biz News: Global Markets Surge Amid China’s Stimulus, While Namibia’s Economic Growth Slows to 3.5% in Q2 Namibia's Economic Growth: The economy expanded by 3.5% year-on-year in Q2 2024, a slowdown from the 4.3% recorded in Q1 and slightly lower than the 3.6% growth in Q2 2023. This marks 13 consecutive quarters of growth since the Q1 2021 contraction. For Q2, nominal GDP reached N$59.5 billion, with real GDP standing at N$39.1 billion. Safaricom Raises $116.73 Million: Kenya's largest telecom operator, Safaricom, raised $116.73 million through […] today25 September, 2024
insert_link Business / Economics Bank of Namibia symposium highlights agriculture’s growth potential The Bank of Namibia concluded its 25th Annual Symposium in Windhoek today, focusing on the theme, "Global Value Chains for Inclusive Development: How Can Namibia Position Its Agriculture Sector?" The event brought together experts and stakeholders to discuss strategies for strengthening Namibia's agricultural sector to drive inclusive growth. BoN Governor Johannes !Gawaxab, in his address, highlighted the critical role of agriculture in Namibia's economic development. He referenced a recent World […] today19 September, 2024
insert_link Africa Malawi farming experiment shows how simple changes can boost maize yields and improve soil By Alan Dixon, University of Worcester Malawi’s increasingly unpredictable rainfall and higher than usual temperatures are causing problems for smallholder farmers. Soil erosion has increased, causing soil fertility and water availability to decline. Crops often fail. Farmers are already struggling financially. Many farm only one crop: maize. They can’t easily afford chemical fertilisers that would boost the soil’s fertility and sustain yields. Agriculture accounts for just […] today13 June, 2024
insert_link Namibia Diamond industry growing, despite new industry players https://youtu.be/F8LsNudVJcY By Josia Shigwedha, via News on One With emerging industries in the energy sector such as oil and gas, the diamond industry’s position as a key contributor towards the growth of the sector and economy could be at stake. But this may not be the case as the Namibia Diamond Trading Company (NDTC) Chief Executive Officer, Brent Eiseb, stated that the intake of the precious gemstones for […] today24 April, 2024
insert_link Africa Ghana’s new vehicle tax aims to tackle pollution – expert unpacks how it’ll work and suggests reforms By Theophilus Acheampong, University of Aberdeen Ghana has introduced an annual carbon levy on vehicles and industrial emissions. It’s only the third African country to introduce an explicit carbon tax, after South Africa and Mauritius. The tax is intended to address harm associated with vehicle emissions. But it has prompted a pushback from various citizens, civic and consumer groups. The Conversation Africa’s Godfred Akoto Boafo spoke […] today16 February, 2024
World NATO showcases spending hikes in riposte to Trump By Max DELANY Brussels, Feb 14, 2024 (AFP) - NATO chief Jens Stoltenberg said Wednesday 18 of the alliance's 31 countries are set to hit its defence spending target this year, after Donald Trump threatened to encourage Russia to attack members not coughing up enough. The Republican White House frontrunner was widely rebuked after saying he would not defend NATO members who had not met their financial obligations, in […] today14 February, 2024
