Retail

Old Mutual advises smart spending ahead of Black Friday

As Black Friday approaches, financial experts are urging shoppers to plan their purchases carefully amid rising living costs. Experts have recommended creating a shopping list, comparing prices, and avoiding impulse purchases or unplanned credit. They caution that not all deals, especially on big-ticket items, offer real savings. Mignon du Preez, Group Marketing, Public Affairs, and Sustainability Executive at Old Mutual Namibia, says shoppers should focus on essentials like groceries and […]

17 November, 2025

Business / Economics

U.S. retail giant Walmart to launch in South Africa

A Walmart store is shown in Oceanside, California, U.S., May 15, 2025. (Photo: REUTERS/Mike Blake) US retail giant Walmart will open its first branded stores in South Africa, expanding its footprint on the continent. The announcement comes after Walmart’s recent Growth Summit, which recruited Africa-based suppliers and strengthened local sourcing. Massmart CEO Miles van Rensburg said the move will combine Walmart’s promise of everyday low prices with support for South […]

10 September, 2025

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 […]

4 June, 2024

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 […]

6 February, 2024

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 […]

12 January, 2024