Investment

SWAITEX showcases Namibia’s trade and investment potential

Swakopmund, Namibia - The Swakopmund International Trade Expo (SWAITEX) is currently underway, drawing local and international businesses to the coast. Established in 2013, SWAITEX aims to foster networking opportunities and promote business ventures for Namibian entrepreneurs. Botswana's President Mokgweetsi Masisi and First Lady Neo Jane are esteemed guests of honor at SWAITEX 2024, underscoring the event's regional significance. Obrien Simasiku, the Communications Coordinator for SWAITEX, highlighted the diverse participation at […]

3 July, 2024

Namibia

Namibia’s Rating Upgraded: Importance for the Country and Its People

By Josef Kefas Sheehama Periodically, the Namibian government establishes policies to address the unstable state of the economy. Encouraging economic growth requires policymakers to put in place measures that support investment, innovation, and entrepreneurship. Therefore, the government can assist in fostering an environment that is conducive to business and promotes employment and economic growth. As an Independent Economic and Business Researcher, I therefore wholeheartedly commend the […]

6 June, 2024

Lifestyle

Early childhood education was largely missing from the budget, undermining other education spending

By Marek Tesar, University of Auckland, Waipapa Taumata Rau Despite a NZ$1 billion increase in spending on education in the 2024 budget, there was a noticeable absence of any substantial investment in early childhood education (ECE). This contrasts starkly with the money put aside for primary and secondary education, particularly in areas such as literacy. The budget allocates $191 million over four years for […]

5 June, 2024

Business / Economics

Trustco’s Meya Mining Investment confirms $763 million diamond resource

Trustco Group Holdings Limited (TTO.SJ) has announced that Meya Mining, in which Trustco’s mining portfolio holds a 19.5% interest, and is located within the eastern province of Sierra Leone, has released promising findings from a diamond resource estimate for the Meya River Kimberlite Dyke. The report confirms the total kimberlite ore down to a depth of 800m below surface is 6.05 million tonnes. The assessed in-situ grade is […]

5 June, 2024

Business / Economics

Understanding the dynamics of brand value

By Bank Windhoek’s Executive Officer of Marketing and Corporate Communication, Jacquiline Pack. In contemporary consumer culture, brands are omnipresent. We cannot escape their profound influence and call to interact with them. We have complex mosaic theories explaining the power of brands for the companies that own them, the consumers who purchase and consume them, and the mark they leave on society. Ultimately, brand value is a […]

5 June, 2024

Local

Capricorn Foundation bolsters access to Early Childhood Development (ECD) educational materials

The Capricorn Foundation reinforced its commitment to invest in early childhood education when, on Friday, 31 May 2024, it announced the extension of its partnership with the African Child Development Trust (ACDT). The Capricorn Foundation announced an investment of another N$575 000 into printing pre-primary and grades 1 to 3 workbooks. Since 2020, the Capricorn Foundation has enabled the African Child Development Trust to enhance Early Childhood […]

3 June, 2024

Africa

Africa’s green bond market is booming – report

By Bonface Orucho, bird story agency Green bonds are experiencing robust growth in Africa as governments, corporations, and financial institutions recognize their potential to fund sustainable projects. A new report shows green bond issuances in Africa jumped 125% last year, hitting US$1.4 billion from US$600 million in 2022. The report, ‘Emerging Market Green Bonds’ by the International Finance Corporation and Amundi, a European asset manager […]

3 June, 2024

Science & Technology

Microsoft to invest $3.2 bn in AI in Sweden

Microsoft said Monday it would invest 33.7 billion kronor ($3.2 billion) over two years in cloud and artificial intelligence infrastructure in Sweden, the US company said in a statement. The group will train 250,000 people by 2027 to boost AI knowledge and competence and also increase capacity at its three data centres in the country, the statement said, adding that the investment was Microsoft's biggest ever in Sweden. […]

3 June, 2024

Africa

Europe’s hydrogen rush targets Tunisia, other sunny African countries

By Bonface Orucho, bird story agency TE H2, a joint venture that includes involves TotalEnergies (as the major partner), EREN Groupe, and Austria’s leading electricity company, VERBUND, has signed a Memorandum of Understanding (MOU) with the Republic of Tunisia to explore the viability of this project, according to a press statement. The move is just the latest in a flurry of announcements involving […]

31 May, 2024