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

NYSE

12 Results / Page 1 of 2

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Business / Economics

President Cyril Ramaphosa of S.A has set a new investment target of two-trillion-rand by 2028

President Cyril Ramaphosa of S.A has set a new investment target of two-trillion-rand by 2028, following the early achievement of South Africa’s previous 1.2-trillion-rand goal. The president, leading South Africa’s delegation to the 79th UN General Assembly, also rang the New York Stock Exchange closing bell, accompanied by NYSE president Lynn Martin and other officials. Speaking at the SA-US business forum, Ramaphosa invited US investors to explore opportunities in sectors […]

todaySeptember 25, 2024 23

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Business / Economics

07 March 2024 Morning Biz News: Namibia’s Oshikoto Region Receives Boost with N$400 Million Investment in Otjikoto Biomass Power Station

In a strategic move to combat energy supply shortages in the Oshikoto Region, the Namibian government has allocated a budget of N$400 million for the development of the 40-megawatt Otjikoto Biomass Power Station, located on the outskirts of Tsumeb. The announcement came from the Minister of Finance and Public Enterprises, Iipumbu Shiimi, emphasizing the government's commitment to enhancing the region's energy infrastructure. The Otjikoto Biomass Power Station is poised to […]

todayMarch 7, 2024 17

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Business / Economics

06 March 2024 Morning Biz News: Financial Highlights: Nedbank Namibia’s Commitment, South Africa’s Modest Growth, and Aliko Dangote’s Strategic Move

In a dynamic economic landscape, recent developments highlight the commitment of financial institutions, economic shifts, and strategic decisions by prominent figures. From Nedbank Namibia's substantial pledge towards Sustainable Development Goals to South Africa's modest economic growth, and Aliko Dangote's potential oil trading venture, the financial world is witnessing noteworthy changes. Additionally, we'll delve into the latest financial indicators to provide a comprehensive overview. Nedbank Namibia's Pledge towards Sustainable Development Goals: […]

todayMarch 6, 2024 8

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Business / Economics

01 March 2024 Morning Biz News: Financial Highlights: Namibia Secures Grant, Truworths Faces Challenges, Global Market Trends

Published on March 1, 2024 In the dynamic landscape of global finance, recent developments across various sectors have captured the attention of investors and experts alike. Here's a roundup of the latest financial indicators and noteworthy events shaping the economic landscape. 1. Namibia Hydrogen Fund Managers Secures Historic Grant Namibia Hydrogen Fund Managers (Pty) Limited has achieved a significant milestone by securing a substantial grant of nearly N$19.2 million from […]

todayMarch 1, 2024 4

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Business / Economics

28 February 2024 Morning Biz News: Economic Highlights: Lepidico’s Cost Reduction, Rand’s Resilience, and Global Market Trends

In the ever-evolving landscape of global finance, several key developments have emerged, impacting various sectors. In this article, we delve into recent updates surrounding Lepidico's Karibib project, the resilience of South Africa's rand, fluctuations in oil prices, and the stability of the U.S. dollar. Additionally, we provide a snapshot of the latest financial indicators shaping the economic landscape. Lepidico's Karibib Project Sees Significant Cost Reduction: Lepidico has announced a noteworthy […]

todayFebruary 28, 2024 6

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Business / Economics

Weekly Economics Wrap 17-22 February 2024: A Snapshot of Global and African Economic Developments

Puma Energy Namibia Halts EV Charging Station Initiative Puma Energy Namibia has temporarily suspended its initiative to install electric vehicle (EV) charging stations nationwide. The decision is attributed to the low adoption of electric vehicles and the high associated costs. Adell Samuelson, General Manager of Puma Energy Namibia, highlighted challenges such as affordability and limited range, contributing to a lack of interest among potential buyers. Namibia Faces Grey Listing for […]

todayFebruary 22, 2024 14

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Business / Economics

21st February 2024 Morning Biz News: Global Financial Snapshot: Namibia Faces Grey Listing, South Africa’s Unemployment Rises, Oil Prices Recover, and Currency Markets Shift

  In the realm of global finance, Namibia finds itself on the brink of grey listing due to non-compliance with international anti-money laundering standards. Despite Finance Minister Iipumbu Shiimi's reassurance that Namibia passed the technical compliance test, progress in five out of 11 effectiveness test outcomes signals a potential challenge. Out of 72 action items, 59 have been successfully addressed, leaving 13 unresolved. South Africa, on the other hand, experiences […]

todayFebruary 21, 2024 11

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Business / Economics

Financial Highlights: Dundee Precious Metals, Currency Movements, Inflation Concerns, and Oil Price Uncertainty February Morning Biz News:

  In the dynamic world of finance, recent developments have brought forth significant changes, impacting various sectors. Let's delve into some key updates affecting Dundee Precious Metals Inc., currency movements, inflation concerns in Nigeria, and the uncertainty surrounding oil prices. 1. Dundee Precious Metals Announces Potential Sale of Tsumeb Smelter Dundee Precious Metals Inc. has made a strategic decision to explore the potential sale of its Tsumeb smelter, citing a […]

todayFebruary 16, 2024 5

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Business / Economics

15 February 2024 Morning Biz News: Economic Developments and Financial Indicators: A Snapshot of Recent News

  In the dynamic landscape of global economies, recent developments highlight the challenges and opportunities faced by various countries. From ambitious power projects in Namibia to currency fluctuations in South Africa, outstanding debts settlement in Nigeria, and unexpected economic downturns in Japan, this article provides insights into the latest economic trends. Additionally, we'll explore the current financial indicators that play a crucial role in shaping the economic landscape. NamPower's Bold […]

todayFebruary 15, 2024 1

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