insert_link World India’s budget turns to manufacturing as government opts for caution India’s government has placed manufacturing at the centre of its new national budget as it seeks stability in the face of growing global economic uncertainty. The budget, presented in parliament on Sunday, avoided sweeping reforms and instead focused on steady sectoral support, a move analysts say reflects a cautious approach by policymakers. Neha Poonia filed this report. While the measures aim to shield the economy from external shocks, the absence […] today2 February, 2026
insert_link Environment Environmental Investment Fund shortlisted for green financing Photo: News on One Africa TV via Facebook The Environmental Investment Fund (EIF) is in the final stage of securing €25 million (about N$625 million) in funding from the Mitigation Action Facility. The financing will support the establishment of Namibia’s first Green Industrial Zone in the Erongo Region. The proposal was shortlisted from more than 500 global submissions and is expected to be decided on in October. If approved, the […] today16 September, 2025
insert_link Business / Economics BoN Sees Slower Growth, Launches Data Hub The Bank of Namibia projects 3.5% GDP growth this year due to weaker manufacturing and US tariffs on diamonds. Governor Johannes !Gawaxab said gold will be accumulated to strengthen reserves, while Acting Deputy Director Naufiku Hamunime highlighted the launch of the Data Sphere platform for public access to key economic data. today21 August, 2025
insert_link Business / Economics South Africa’s manufacturing output falls sharply in April SA manufacturing output drops. Photo: Reuters Statistics South Africa has reported that manufacturing production in April 2025 dropped by 6.3% year-on-year, marking the sector’s sixth consecutive monthly decline and its steepest fall since March 2024. According to Reuters, while production improved on a month-to-month basis—rising 1.9% from March—it failed to offset the significant annual contraction The downturn in April was broad-based. The food and beverages sector led the drop with […] today11 June, 2025
insert_link Business / Economics Interview: Business Researcher Josef Sheehama on Beneficiation and External Loans: A Strategic Outlook for Namibia’s Economic Future IntroductionIn a recent interview, business researcher Josef Sheehama offered a comprehensive view of Namibia’s economic strategy, emphasizing the dual importance of beneficiation and external loan management. His vision for Namibia's economic independence hinges on industrialization, foreign direct investment (FDI), and leveraging natural resources to reduce dependency on external debt. 1. Namibia’s Vision 2030: Charting a Path to Industrialization Sheehama emphasizes that Vision 2030 is more than a governmental slogan—it […] today12 May, 2025
insert_link Business / Economics 27 February-6 March 2025 Weekly Economics Wrap: Insights from Global to Local Markets Offshore Ecosystem and the Risks of Overexploitation U.S.-based marine scientist, Dr. Vincent Pieribone, has sounded the alarm over the increasing risk of pollution and overexploitation of Namibia's offshore ecosystem. The marine expert raised concerns that ongoing activities such as oil and gas exploration, fishing, and diamond mining threaten the delicate marine environment. Dr. Pieribone warned that these industries, while economically beneficial, could lead to irreversible damage to the country’s rich […] today6 March, 2025
insert_link Business / Economics 04 March Morning Biz News: Shiimi Appoints New Procurement Board, Fuel Price War Erupts in Nigeria, and Sinopec Unveils Major Oil Discovery Finance Minister Reshuffles Central Procurement Board Finance Minister Ipumbu Shiimi has made key appointments to the Central Procurement Board of Namibia, ensuring continuity and fresh leadership. Mary Ndeshihafela Shiimi and Julinda Memosa //Garus-Oas have been reappointed, with Shiimi serving as the board chairperson. Meanwhile, Brian Katjaerua has been appointed as the new deputy chairperson. These appointments aim to enhance efficiency in procurement processes and strengthen governance. South African Manufacturing Sector […] today4 March, 2025
insert_link Business / Economics China factory activity picks up, showing economy’s resilience in face of tariffs China's manufacturing activity picked up last month, indicating economic resilience in the face of US President Donald Trump slapping more tariffs on China's exports. The latest data comes as policymakers are expected to announce that they'll push China's official budget deficit target to the highest in over three decades. Laura Westbrook reports from Hong Kong. today3 March, 2025
insert_link Business / Economics Apple announces big investment in US Apple has announced a huge $500bn investment in the United States as it shifts more business to the US amid the Trump administration's new tariff regime. The tech giant announced it's hiring 20,000 Americans and building a manufacturing factory to produce servers for artificial intelligence. It comes as President Donald Trump imposes a 10% tariff on all products from China, where most iPhones are made. Benji Hyer reports. today25 February, 2025
