insert_link Business / Economics 29 August 2024 Morning Biz News: Namibian Oil Reserves Boost Local Bonds; MTN’s New Appointments; Dollar Steady; Nvidia Surges Namibian Oil Reserves Drive Local Bond Index Surge The discovery of substantial crude oil reserves in Namibia has ignited interest in Namibian assets, notably boosting an index fund tracking local government bonds. The Exchange Traded Fund, listed on both the Namibian and South African stock exchanges, has surged over 20% in U.S. dollar terms since Galp's announcement in April of the Mopane field potentially holding at least 10 billion […] todayAugust 29, 2024 17