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Background

Local

Namibia’s new visa regime: a step backward for tourism and economic growth

        The SADC Business Council Tourism Alliance has expressed deep concern over Namibia's proposed restrictive visa regime, which could severely hamper the country's tourism industry and economic growth. This policy shift appears to contradict Namibia Airports Company’s recently launched air access strategy, “Air Connect Namibia”, aimed at increasing international flights and connectivity. The implementation of stricter visa requirements could have a detrimental impact on various sectors of […]

todayJune 4, 2024 7

Africa

‘Made in Africa’ gets a boost as cross-border trade gathers pace

  By Conrad Onyango, via bird story agency   African leaders are beginning a push for increased consumer consciousness of ‘Made in Africa’ products as cross-border trade opens new opportunities for economic growth. Inaugurating South Africa’s first trade shipments under the African Continental Free Trade Area (AfCFTA), President Cyril Ramaphosa urged over 12 African trade ministers attending the 13th AfCFTA Council of Ministers meeting in Durban, to bolden their push […]

todayFebruary 6, 2024 10

Business / Economics

UK economy rebounds in November: official data

  Britain's recession-threatened economy rebounded in November from the previous month, official data showed on Friday. Gross domestic product expanded 0.3 percent in November after contracting by 0.3 percent in October, the Office for National Statistics said in a statement. "GDP bounced back..., led by services with retail, car leasing and computer games companies all having a buoyant month," noted ONS chief economist Grant Fitzner. "The longer-term picture remains one […]

todayJanuary 12, 2024 3

Namibia

A Window of Savings for Smart Shoppers

As Namibians are approaching Black Friday consumers gear up for one of the most anticipated shopping events of the year. While this day has garnered its share of criticism for fostering a culture of impulsive buying and overconsumption, many individuals see it as a golden opportunity to save money on items they genuinely need or want. One of the primary reasons Black Friday attracts millions of shoppers is the promise […]

todayNovember 21, 2023 2

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