insert_link Business / Economics 26 June 2024 Morning Biz News: Business News Roundup: Port of Walvis Bay Drops in Rankings, Sibanye Stillwater Seeks $500 Million, Dollar Strengthens, and Oil Prices Fall Global Shipping Challenges: The Port of Walvis Bay's Decline The Port of Walvis Bay has experienced a significant drop in global rankings, as highlighted by the World Bank's latest report. Once positioned at 293rd in 2022, the port now finds itself at 382nd out of 405 ports in 2023. The 2023 Container Port Performance Index by High Economic Intelligence identifies several contributing factors to this decline, raising concerns about […] todayJune 26, 2024 20
insert_link Namibia NamRa concludes Port of Walvis Bay time release report The Namibia Revenue Agency's National Technical Working Group, in collaboration with the SADC Secretariat, has concluded the Time Release Study Report at the Port of Walvis Bay. Here is NamRA's spokesperson, Steven Ndorokaze. todayDecember 4, 2023 12
insert_link Business / Economics Namibia exports first-ever grapes consignment via Namport Namibia has commissioned the export of its first-ever shipment of homegrown table grapes to European countries through the port of Walvis Bay on Wednesday. The consignment which consists of 250 containers of grapes produced in Aussenkehr was made possible by the producers, the Namibia Grape Company (NGC), a subsidiary of the National Youth Service (NYS), through its partnership with Capespan Namibia. In 2021, the NYS officially gained ownership of the […] todayNovember 30, 2023 16
insert_link Business / Economics Walvis Bay emerges as alternative amid South African port congestion Some 46 000 containers are stuck on vessels outside two Eastern Cape ports, while almost 62 000 are outside the congested Durban harbour. According to News24, businesses in the Eastern Cape are redirecting their goods to Walvis Bay and Maputo to navigate the problem. Port officials in South Africa say it will take until 2024 and possibly even February to clear the current congestion that has built up. todayNovember 29, 2023 7
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
