Investment

Bitcoin Rallies on Hopes of Renewed Interest Among Mainstream Investors

On March 4, the price of Bitcoin broke $65,000, bringing it closer to returning to an all-time high reached in November 2021. NBC reports that the latest rally has been driven by hopes that the launch of bitcoin exchange-traded funds will expand bitcoin's pool of buyers.

5 March, 2024

Business / Economics

IJG Ghost Biz – 22 February 2024

In this episode David talks to The Ghost about NEPI Rockcastle, Telkom, Barloworld, and gold companies DRDGOLD and Pan African Resources. https://iono.fm/e/1408318

23 February, 2024

Africa

This popular floating restaurant was on the rocks until Frida Njeri took over

By Velma Pamela, bird story agency There are no land rates for this bar and restaurant that floats on the sea waters of the Lamu Island in Kenya. People have lived here for over 700 years. Lamu Old Town is older than Zanzibar, and other settlements in East Africa where Bantu, Arabic, Persian, Indian, and European influences fused into the Swahili culture. The town, with its relatively […]

22 February, 2024

Business / Economics

The role of preservation funds in shaping financial legacies

By Ndadhi Ndoroma, General Manager: Personal Financial Advice, Old Mutual Namibia In the world of financial planning, the preservation of wealth stands as a vital component in establishing a durable financial legacy. With their strategic position, preservation funds emerge as prosperity guardians, guaranteeing future generations' financial well-being. This article will explore the critical function preservation funds play in preserving and transferring wealth. Preservation funds are essential to financial […]

22 February, 2024

Sport

adidas Helping to Level the Playing Field for Next Generation of Athletes Through Partnership with Boys & Girls Clubs of America

Building upon an existing three-year relationship with Boys & Girls Clubs of America, adidas announced today a formal two-year agreement with the nation's largest youth development organization as part of both parties’ efforts to spread the joy of sport to kids and teens in all communities across the nation. By coming together to help drive substantive, long-lasting impact, the partnership will serve as a reminder that through sport, […]

14 February, 2024

Business / Economics

Josef Sheehama reacts to the decision of Bank of Namibia to keep repo rate unchanged

By Josef Sheehama The decision of Bank of Namibia to keep repo rate unchanged is a shocking because inflation rates is stable, and our international reserve remain strong. The policymakers try to navigate risks to inflation and the timing of when global interest rates will start to fall. I understand that the decision influences by several factors contributing to the status quo. We are aware that Namibia's currency, […]

14 February, 2024

Africa

Trucking innovation highlights Africa’s cold storage problem and opportunities

By Bonface Orucho, via bird story agency A new, sustainable method of generating electricity to refrigerate trucks has been introduced into the African cold storage market. As reported by Creamer Media’s Engineering News, Global logistics company DP World partnered with food and clothing retailer Woolworths to unveil a mobile refrigeration trailer in South Africa powered by AxlePower technology. According to Engineering News, the project's AxlePower technology “transforms ordinary […]

9 February, 2024

Business / Economics

Investment in African women-founded and led startups remains a bright spot in a global ecosystem drained of funding.

By Conrad Onyango, via bird story agency Africa’s women-led startups retained their sparkle through 2023, against the backdrop of one of the darkest periods for global startup funding, raising US$200 million, 7% growth over the previous year, according to a report from Africa: The Big Deal. In 2022, these female-founded ventures had grown by 4%. The amount remains significantly lower than the US$ 2.7 billion raised […]

9 February, 2024

Lifestyle

Money and ageing: South African study shows cash grants help people live longer and have better memory function

By Molly Rosenberg, Indiana University; Chodziwadziwa Whiteson Kabudula, University of the Witwatersrand; Kathleen Kahn, University of the Witwatersrand, and Lindsay Kobayashi, University of Michigan Nearly half of South Africa’s 60 million people receive social grants, ranging from child support to pensions. The grants are designed to provide financial assistance to people living in poverty. The largest components of the South African social grant system were introduced, or expanded […]

7 February, 2024