insert_link Business / Economics Morning Biz News – 18 February 2025 Local Market Update The Namibian stock market saw a total of 337,067 shares traded on 17 February 2025, amounting to N$9.32 million across 20 deals. Year-to-date, total trades have reached 8.5 million shares, valued at N$505.68 million. According to the NSX daily report, Financials, Basic Materials, and Consumer Staples led in value, while Exchange-Traded Products contributed N$12.03 million in trades so far this year. Rand Weakens Ahead of Budget Speech […] today18 February, 2025
insert_link Africa Nigerian workers plan cost-of-living strike Nigerian labour unions will embark on a two-day strike on Tuesday against the spiralling cost of living. According to the BBC, inflation in Africa's largest economy is at almost 30% whilst the local currency, the naira, is rapidly depreciating. Electricity shortages are compounding the hardship. The African Development Bank has warned that conditions are ripe for social unrest. today27 February, 2024
insert_link Africa Africa’s billionaire club hits $82.4 billion Aliko Dangote from Nigeria is Africa's richest person for the 13th year in a row, says Forbes magazine. Even though Nigeria's economy is struggling, Dangote's wealth went up by $400 million last year to $13.9 billion. The Forbes list has 20 billionaires from Africa, worth a total of $82.4 billion. According to the BBC, South Africa, and Egypt have the most billionaires on the list. Johann Rupert from South Africa […] today6 February, 2024
