insert_link Business / Economics Morning Biz News Update – 27 January 2025 Namibian Stock Exchange (NSX) Activity On 27 January 2025, the NSX recorded a total volume of 1,575,316 shares traded, valued at N$44.9 million across 34 deals. Financials and Basic Materials were the standout sectors, driving significant trade volumes and values. Year-to-date market activity has reached 4.54 million shares, totaling N$280.17 million across 334 deals. South African Rand Weakens The South African rand weakened yesterday, trading at 18.72 to […] today28 January, 2025
insert_link Business / Economics 09 January 2025 Morning Biz News: Namibian Stock Performance, South Africa’s Economic Challenges, and Global Financial Updates In the latest financial news, Letshego Holdings Namibia has emerged as the leader on the Namibian Stock Exchange for 2024, posting an impressive total return of 49.2%. This performance, based on the most recent figures, showcases Letshego’s strong position in the market. Nictus Holdings secured second place with a return of 30.4%, while Capricorn Group followed closely with a return of 24.7%. Meanwhile, in neighboring South Africa, the manufacturing […] today9 January, 2025
insert_link Business / Economics May vehicle sales increase by 7.5% Vehicle sales reached 966 units in May, marking a 7.5% month-on-month increase from the 899 units sold in April 2024. However, this figure represents a slight decline compared to the 982 units sold in May 2023. Commercial vehicles continue to drive sales in the market, according to Simonis Storm Economist, Halleluya Ndimulunde. today17 June, 2024
insert_link Business / Economics The essence of business transformation and strategy By Mignon du Preez, Group Marketing, Public Affairs and Sustainability Executive, Old Mutual Namibia Corporate transformation and strategy are more than simply buzzwords in the rapidly evolving corporate world; they are essential to long-term success. In addition to keeping up, those that understand the value of strategic planning and transformation also lead with an unwavering vision for greatness. Business transformation is a significant movement that fundamentally alters the […] today21 February, 2024
insert_link Environment Building a resilient farming business By Hanks Saisai, Technical Advisor: Crops & Poultry Farmers in Namibia face numerous challenges including climate change. This is evident in the form of erratic rainfall, recurring droughts, crop, and livestock losses, which have continuously led to financial losses for farmers across the country. As we navigate through the early days of 2024, farmers are encouraged to create resolutions that can transform their farming businesses into resilient enterprises. […] today1 February, 2024
insert_link Namibia Vehicle sales increase by 17% in 2023 New data shows that vehicle sales increased by 17% in 2023 to 12,775 units compared to 10,919 units sold in 2022. This marks the highest total of new vehicles sold in the country since 2017. December 2023 witnessed a downturn, with a year-on-year decline of 11.7% and a month-on-month drop of 28.2%, totaling 841 units. Halleluya Ndimulunde from Simonis and Storm has more. today22 January, 2024
