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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Namibia Economy

13 Results / Page 1 of 2

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Namibia

NSX Unveils New Brand Identity, Celebrates Scholars Investment Challenge Winners

  The Namibia Securities Exchange has unveiled a bold new brand identity, marking a significant transformation in its mission to expand and diversify Namibia’s capital markets. At an event on November 15, 2024, NSX also celebrated the winners of the NSIC 2024, a competition that encouraged young Namibians to showcase their investment skills. The rebranding and competition highlight the NSX's commitment to fostering economic growth and nurturing the country’s future […]

todayNovember 20, 2024 4

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Business / Economics

Weekly Economics Wrap: 7-14 November 2024

Your Weekly Economics Wrap Welcome to this week’s economic highlights, capturing key developments from Namibia, South Africa, across Africa, and on the international stage. Namibia: Access Bank’s Graduate Program & Market Activity Access Bank Namibia recently selected 38 promising graduates to join its highly sought-after Graduate Programme, where they will undergo rigorous training at the bank’s Lagos headquarters. Head of Human Resources Edwina Hashikutuva shared that the program received over […]

todayNovember 14, 2024 7

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Interview Transcripts

INTERVIEW: Business and Economics Researcher Josef Sheehama on Local Authorities and Audits

  Business and economics researcher Josef Sheehama recently shared his insights on the ongoing challenges faced by local authorities in Namibia, particularly regarding audits, financial mismanagement, and poor service delivery. Speaking in a recent interview, Sheehama emphasized the long-standing issues that have plagued local authorities and the steps being taken to address them. Sheehama pointed out that the frustration surrounding local authorities isn't a recent development. "This has been an […]

todayNovember 11, 2024 8

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Local

Bank Windhoek’s Agri Series Focuses on Drought Impact on Namibia

  Bank Windhoek’s Executive Officer for Marketing and Corporate Communication Services, Jacquiline Pack, emphasized that the agriculture sector has always been a cornerstone of Namibia’s economy and society, contributing around 6% to the Gross Domestic Product (GDP) and creating significant employment opportunities. She made this statement on Tuesday, 5 November 2024, while announcing that the fifth Agricultural Series will take place on Wednesday, 13 November 2024, in Windhoek, live on […]

todayNovember 6, 2024 10

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Business / Economics

5 November 2024 Morning Biz News Update: Key Financial Developments

In the past year, Namibia has witnessed a significant increase in credit extension, with a total of N$3.37 billion issued—almost double the amount from the previous year. According to The Brief, individuals accounted for N$1.90 billion of this credit, while corporations took up N$1.47 billion. Private sector credit has shown positive growth, rising by 0.6% month-over-month and reaching an annual growth rate of 3.0% by September 2024. Meanwhile, the South […]

todayNovember 5, 2024 7

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Namibia

Business Confidence Climbs Amid Improved Credit Access

The latest Standard Bank Afrotrade barometer indicates a rise in local business confidence, with the index score increasing from 58 to 59 out of 100 since May 2023. As per The Brief, this boost is largely due to improved access to credit, as only 39% of surveyed businesses reported challenges in securing credit, a slight improvement from 42% reported in May 2023.

todayOctober 29, 2024 10

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Business / Economics

22 October 2024 Morning Biz News: Economic Developments and Financial Indicators

  1. Rössing Uranium's Investment Boosts Local Employment in Swakopmund Rössing Uranium has made a significant investment of N$20 million in the construction of a new police station in Swakopmund, generating over 100 jobs for local residents since the project began in July. According to The Brief, the development is currently 46% complete and is expected to be finalized by January 2025. This initiative not only aims to enhance community […]

todayOctober 22, 2024 15

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