insert_link Business / Economics 28 June 2024 Morning Biz News: Namibia’s Investment Strength, Rand Decline, Oil Prices Surge, and Dollar Dominance As of December 31 last year, members of the Namibia Savings and Investment Association (NaSIA) managed over 75% of the country's $252 billion in assets under management, according to a report by The Brief. This impressive feat places Namibia seventh globally in contractual saving rates, trailing only behind developed nations. The robust performance of NaSIA highlights the country's growing emphasis on savings and investment, which are crucial for economic stability […] todayJune 28, 2024 9
insert_link Business / Economics 26 June 2024 Morning Biz News: Business News Roundup: Port of Walvis Bay Drops in Rankings, Sibanye Stillwater Seeks $500 Million, Dollar Strengthens, and Oil Prices Fall Global Shipping Challenges: The Port of Walvis Bay's Decline The Port of Walvis Bay has experienced a significant drop in global rankings, as highlighted by the World Bank's latest report. Once positioned at 293rd in 2022, the port now finds itself at 382nd out of 405 ports in 2023. The 2023 Container Port Performance Index by High Economic Intelligence identifies several contributing factors to this decline, raising concerns about […] todayJune 26, 2024 20
insert_link Business / Economics 25 June 2024 Morning Biz News: Global Markets Navigate Volatility: Namibia’s Agricultural Imports Surge, Rand Weakens, Oil Prices Stable, Stocks Mixed Ahead of US Inflation Data In the dynamic landscape of global markets, several key developments have emerged, impacting economies and industries worldwide. Here's a comprehensive overview of the latest updates: 1. Namibia's Agricultural Imports Surge Amidst Economic Realities Namibia, a nation with a burgeoning agricultural sector, faced significant revelations as Eos Capital Managing Director, Immanuel Kadhila, disclosed that the country imported agricultural products amounting to N$22 billion in 2023. This figure starkly highlights Namibia's heavy […] todayJune 25, 2024 13
insert_link Business / Economics 13 June 2024 Morning Biz News: Biz News Roundup: Key Developments in Property Legislation, Corporate Earnings, Oil Prices, and Currency Movements Property Practitioners Bill Introduced in Parliament In a significant legislative move, the Namibian Parliament has introduced the Property Practitioners Bill, aiming to overhaul and modernize the country’s property sector. According to a report by The Brief, this Bill is set to replace the outdated Estate Agents Act of 1976. The proposed legislation will establish the Property Practitioners Regulatory Authority, which is designed to enhance consumer protection and ensure more […] todayJune 13, 2024 15
insert_link Business / Economics 30 May 2024-6 June 2024 Weekly Economics Wrap Weekly Economic Wrap: Navigating Regional and Global Trends In the ever-shifting landscape of global economics, the past week has brought forth a tapestry of developments across African and international markets, encapsulating both challenges and opportunities. From Namibia's soaring trade volumes to Nigeria's capital strengthening initiatives, and from South Africa's electoral ripples to international oil market dynamics, here's a comprehensive recap of the key economic events shaping the narrative: Namibia: Trade […] todayJune 6, 2024 9
insert_link Business / Economics 5 June 2024 Morning Biz News: Global Economic Landscape: Namibia’s Walvis Bay Leads Trade, Rand Dips Amid Political Shifts, Nigerian Banks Adapt, and Markets Tread Cautiously Namibia's Walvis Bay Harbour Emerges as Leading Trade Gateway In April, Walvis Bay Harbour solidified its position as Namibia's premier trade gateway, boasting the highest trade volumes for both exports and imports among the country's ports. According to data from The Brief, the Namibia Statistics Agency reported that Walvis Bay Harbour managed a staggering N$3.8 billion in exports and N$5.2 billion in imports during the month. This significant achievement underscores […] todayJune 5, 2024 7
insert_link Business / Economics 28 May 2024 Morning Biz News: Namibia Boosts Business Tourism, Pick n Pay Overhauls Strategy, and Financial Markets Stay Vigilant: A Roundup of Recent Developments Namibia Aims to Boost Business Tourism, Pick n Pay Revamps Strategy, and Financial Market Update In the dynamic landscape of business and finance, keeping abreast of the latest developments is crucial for investors and entrepreneurs alike. Here’s a roundup of the latest buzz from the business world: 1. Namibia’s Push for Business Tourism The Namibia Investment Promotion and Development Board (NIPDB) is spearheading efforts to position Namibia as a top-tier […] todayMay 28, 2024 11
insert_link Business / Economics 27 May 2024 Morning Biz News: Emerging Trends in the Global Oil and Gas Sector: Insights from Africa and Beyond In the ever-evolving landscape of the global oil and gas sector, recent developments across various continents shed light on emerging trends and opportunities. From regulatory overhauls to strategic acquisitions, the industry continues to navigate a complex terrain influenced by geopolitical dynamics, technological advancements, and shifting market demands. Namibia's Oil and Gas Sector Reform: Namibia, a country with significant untapped potential in its oil and gas reserves, is taking bold […] todayMay 27, 2024 11
insert_link Business / Economics 24 May 2024 Morning Biz News: Old Mutual Foundation Boosts Grassroots Entrepreneurs with N$800,000 Investment; Rand Weakens, Dollar Surges: Weekly Business Digest” In the dynamic world of finance and business, every week brings forth a tapestry of developments that shape markets, economies, and opportunities. This week, notable movements in currencies, commodities, and initiatives mark the landscape of economic discourse. Here's a snapshot of the latest financial indicators and significant events impacting the business realm. 1. Old Mutual Foundation's Investment in Grassroots Entrepreneurs The Old Mutual Foundation reaffirms its commitment to fostering […] todayMay 24, 2024 16
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
