insert_link 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 […] today22 October, 2024
insert_link Business / Economics Namibia’s GDP hits N$59.5 billion in Q2 The Namibian economy grew by 3.5% year-on-year in Q2 2024, down from 4.3% in Q1 and slightly below the 3.6% growth in Q2 2023. This marks 13 consecutive quarters of growth since a contraction in Q1 2021. Nominal GDP reached N$59.5 billion, with real GDP at N$39.1 billion for the quarter. Simonis Storm Economist, Halleluya Ndimulunde has more. today24 September, 2024
insert_link Local Bank Windhoek, City of Windhoek celebrate MSME Day with entrepreneurs Celebrated annually on 27 June is Micro, Small and Medium Enterprises (MSME) Day, designated by the United Nations to highlight the potential of micro, small and medium-sized enterprises to transform economies, foster job creation and promote equitable economic growth. Bank Windhoek’s Head of SME, Financial and Data Analytics, Bianca Janse Van Vuuren, highlighted that SMEs are the backbone of Namibia’s economy, driving innovation, creating jobs, and […] today26 June, 2024
insert_link Namibia Namibia’s Oil and Gas have potential to improve overall economy without adverse on other sector By Josef Keas Sheehama Although Namibia's oil and gas industry has the potential to boost the country's economy, careful management and diversification are essential to ensuring that this potential is realized without detrimental effects on other industries. Namibia, along with other African countries, is emerging as an attractive oil and gas opportunity due to legislative changes that make the market more appealing. Namibia's […] today19 June, 2024
insert_link Business / Economics Economist warns of impact as SIM card registration survey begins Following the announcement of a comprehensive survey titled "The Implications of SIM Card Registrations on the Namibian Economy" by High Economic Intelligence in partnership with Bank Windhoek, we spoke to Salomei Hei, the Managing Director at High Economic Intelligence, for an update. today12 March, 2024
