insert_link World Trump to announce 25% steel and aluminium tariffs Donald Trump says he'll announce a new 25% tariff on steel and aluminium imports on Monday. It comes as the US president ramps up his threats to impose duties on multiple countries as a way to reduce the US trade deficit. Nick Harper reports from Washington. today10 February, 2025
insert_link Africa Business and Economics Researcher Urges Action to Close Namibia’s Economic Gaps According to business and economics researcher Josef Kefas Sheehama, Namibia is aiming to reduce its productivity gap and enhance economic resilience in the coming years. Key recommendations include tackling corruption, improving governance, and shifting focus to high-productivity sectors like manufacturing. Sheehama also stresses the importance of diversifying the economy and increasing domestic revenue generation to address inequality and improve living standards. With the African Continental Free Trade Area presenting new […] today7 January, 2025
insert_link Business / Economics 2024 Producer Price Index Update Reveals Mixed Sectoral Trends The Producer Price Index has been rebased to 2022, offering more accurate insights into the nation's economic trends. The new reference period, set for June , highlights a shift in price movements across sectors, with mining showing growth year-on-year, but a slight quarterly contraction. Meanwhile, manufacturing saw modest price reductions overall, though dairy and fish processing experienced notable increases. The updated PPI will provide businesses and policymakers with a clearer […] today22 November, 2024
insert_link Business / Economics SA’s Ramaphosa sets 2 trillion rand investment target by 2028 South African President, Cyril Ramaphosa has set a new investment target of two-trillion-rand by 2028, following the early achievement of the country’s previous 1.2-trillion-rand goal. Speaking at the SA-US business forum, Ramaphosa invited US investors to explore opportunities in sectors like renewable energy, manufacturing, and infrastructure. today24 September, 2024
insert_link Business / Economics Namibia Statistics Agency records slow economic activity in Q2 The Namibia Statistics Agency has released the official GDP figures for the second quarter of 2024, covering economic activity from April to June. The economy grew slowly, with secondary industries showing only 1.5 percent growth compared to 7.1 percent in the same quarter of 2023. This slow growth was evident in the "Electricity and Water" sector, which grew by 4.1 percent, and the Manufacturing sector, which grew by just 0.6 […] today19 September, 2024
insert_link Namibia Namibia eyes Artificial Intelligence for increased productivity Artificial Intelligence can increase productivity in Namibia's agriculture, manufacturing sectors, healthcare, and transportation industries. However, Manager of Cyber Security at the Communication Regulatory Authority of Namibia, Cornelia Shipindo says that while AI promises progress and innovation, it also introduces new risks and challenges. today14 May, 2024
insert_link Opinion Pieces Artificial Intelligence powered attacks By Ms. Cornelia Shipindo, Manager: Cyber Security, Communications Regulatory Authority of Namibia (CRAN) As Artificial Intelligence (AI) technology advances, Namibia stands at the threshold of unprecedented opportunities to reshape industries and elevate the quality of life for its citizens. From expanding productivity in agriculture and manufacturing to revolutionising healthcare delivery and transportation systems, the potential applications of AI appear boundless. However, amidst this wave of excitement […] today14 May, 2024
insert_link Africa New e-mobility policies are pushing EV fleet expansions in Africa By Bonface Orucho, bird story agency African countries are welcoming a new era of more robust e-mobility policies as countries seek to scale their electric vehicle (EV) fleets after successful tests and pilots. According to Lusanda Madikizela, the head of Zero Emission Transport at C40 Cities in South Africa, better policies provide confidence for investors, manufacturers and operators. “Manufacturers need policy certainty so they can adjust specifications... financiers […] today16 April, 2024
insert_link Business / Economics Transforming Namibia’s economy with effective trade and industrial Policies Opinion Piece by Josef Kefas Sheehama The political climate in Namibia is among the African most tranquil and stable. In order enhance Namibia's potential growth rate, reforms must be put in place for the country's economy to continue on a sustainable path. One of the main obstacles to Namibia's industrial development, especially for small and medium-sized businesses, has been a lack of human and financial resources. Because institutions […] today11 April, 2024
