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

NSX

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Business / Economics

2 July 2024 Morning Biz News: Namibian Stock Exchange Thrives, Dollar Strengthens Amid Global Financial Developments

Namibian Stock Exchange Shows Strong Growth in Q1 2024 The Namibian Stock Exchange (NSX) has reported a robust performance in the first quarter of 2024, reflecting positive trends in market capitalization and trading volumes. According to The Brief, NSX's local board witnessed a notable increase in market capitalization, soaring to N$45 billion from N$38 billion in Q1 2023. This growth underscores a resilient market environment despite global economic uncertainties. The […]

todayJuly 2, 2024 26

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Business / Economics

4 June 2024 Morning Biz News: Navigating the Winds of Change: Biz News Update

  In the ever-evolving landscape of global finance and politics, staying abreast of the latest developments is paramount for investors and businesses alike. Here’s a snapshot of the recent buzz in the business world: 1. First Capital Group’s Potential Listing on Namibian Stock Exchange First Capital Group finds itself at a crossroads, contemplating a listing on the Namibian Stock Exchange. The move comes in the wake of a lukewarm response […]

todayJune 4, 2024 27

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Africa

Week in Review: Namibia’s Green Hydrogen deal, Soth Africa’s unemployment crisis, and More

https://youtu.be/2avUM787GnY   Top Stories: Namibia's Green Hydrogen Deal: President Nangolo Mbumba led Namibia’s participation at the World Hydrogen 2024 Summit in the Netherlands, securing green hydrogen supply agreements with the Netherlands, Germany, and Belgium. Government Election Spending: The Institute for Public Policy Research's Quarterly Economic Review examines government spending on elections since independence. IPPR Executive Director Graham Hopwood provides insights. Pending Allowances: Despite National Assembly approval, increased allowances for pensioners […]

todayMay 17, 2024 15

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Namibia

Paratus Namibia Doubles Market Cap with N$600 Million Capital Raise

Paratus Namibia, under Managing Director Andrew Hal, raises over N$600 million through a recent Rights Issue and investment campaign, doubling its market capitalization on the Namibian Stock Exchange. The capital comes from various investors, including the Paratus Group, employees, institutional, and retail investors. Cirrus Capital's economist Robert McGregor.    

todayMay 17, 2024 43

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