insert_link Business / Economics 19 June 2024 Morning Biz News: Global Markets React: Namibia’s Grape Exports Soar, Oil Prices Rise Amidst Tensions, Dollar Weakens on Retail Data 1. Namibia's Table Grape Exports Surge, Reaching N$1.7 Billion The Namibian Agronomic Board (NAB) has reported a significant 19% increase in the country’s table grape exports during the last harvest season, reaching a total value of N$1.7 billion. This growth underscores Namibia’s strengthening position in the international market for agricultural products. Fidelis Mwazi, CEO of NAB, highlighted that stringent quality control measures, including the inspection of 9.3 million cartons, were […] todayJune 19, 2024 26
insert_link Business / Economics 17 June 2024 Morning Biz News: Pupkewitz Leads as Most Affordable Hardware Store; Rand Strengthens on SA Unity Deal: Biz News Update June 2024 1. Pupkewitz Tops as Most Affordable Hardware Store in Windhoek According to The Brief's latest monthly survey for June 2024, Pupkewitz has emerged as the most affordable hardware store in Windhoek. The survey, which commenced in June last year, compares prices of a standardized basket of hardware items commonly purchased monthly. The stores included in the comparison were Build It, BUCO, Pupkewitz Megabuild, and Ark Trading. Over the past […] todayJune 17, 2024 30
insert_link Business / Economics 14 June 2024 Morning Biz News: Global Financial Developments: From Loans to Levies, Markets React Amidst Economic Shifts 1. Paratus Namibia Holdings Successfully Raises N$175 Million through Floating-Rate Notes Paratus Namibia Holdings Limited, in collaboration with Cirrus Capital, has achieved a significant milestone in the financial markets with the successful auction of N$175 million in floating-rate notes. Despite facing a total demand of N$557 million, the issuance was fully allocated, underscoring strong investor confidence and appetite for high-quality debt instruments in Namibia's financial landscape. This development marks a […] todayJune 14, 2024 23
insert_link Business / Economics 6 June 2024 Morning Biz News: Economic Resilience and Global Trends: A Snapshot of African Markets In a dynamic landscape marked by shifting global tides and regional developments, the economic pulse of African nations remains resilient, showcasing both challenges and opportunities on the horizon. Recent updates from key players in the continent’s financial sphere shed light on noteworthy shifts and trends that impact markets and investor sentiments. 1. Namibia's Fiscal Fortitude: Moody's Ratings' decision to upgrade Namibia's sovereign credit rating outlook from stable to positive […] todayJune 6, 2024 13
insert_link Business / Economics 5 June 2024 Morning Biz News: Global Economic Landscape: Namibia’s Walvis Bay Leads Trade, Rand Dips Amid Political Shifts, Nigerian Banks Adapt, and Markets Tread Cautiously Namibia's Walvis Bay Harbour Emerges as Leading Trade Gateway In April, Walvis Bay Harbour solidified its position as Namibia's premier trade gateway, boasting the highest trade volumes for both exports and imports among the country's ports. According to data from The Brief, the Namibia Statistics Agency reported that Walvis Bay Harbour managed a staggering N$3.8 billion in exports and N$5.2 billion in imports during the month. This significant achievement underscores […] todayJune 5, 2024 10
insert_link Business / Economics 21 May 2024 Morning Biz News: Let’s Explore the Latest Financial Developments In the dynamic landscape of business and finance, staying updated with the latest news and market movements is essential. Here's a snapshot of recent noteworthy events in the realm of commerce and investment: Let she go Holdings Namibia's Successful N$260 Million Offering Let she go Holdings Namibia recently made waves by issuing a N$260 million three-year senior unsecured social note on the Namibian Stock Exchange. This move garnered […] todayMay 21, 2024 9
insert_link Business / Economics 20 May 2024 Morning Biz News: Business News Roundup: Poultry Imports Resumed, Inflation Stability, and Global Market Trends In the dynamic world of business, staying abreast of the latest developments is essential for informed decision-making. Here’s a roundup of recent noteworthy events shaping the business landscape: Poultry Imports Ban Lifted in Namibia The Directorate of Veterinary Services, under Namibia's Ministry of Agriculture, Water, and Land Reform, has announced the lifting of the ban on poultry meat imports from South Africa. This decision comes with specific conditions to […] todayMay 20, 2024 9
insert_link Business / Economics 17 May 2024 Morning Biz News: Global Financial Landscape: Insights from Namibia to Asia In the dynamic world of finance, each day unveils a new narrative, weaving together the intricate threads of economic indicators and market movements. From the southern tip of Africa to the bustling trading floors of Asia, the past week has been a tapestry of noteworthy developments that offer insights into the global financial landscape. 1. Namibia Revenue Agency's Surprising Triumph The Namibia Revenue Agency (NamRA) has emerged as a beacon […] todayMay 17, 2024 20
insert_link Business / Economics 16 May 2024 Morning Biz News: Global Economic Updates: Tourism Booms in Namibia, Rand Maintains Momentum, Nigeria Faces Inflation Challenges, Dollar Slumps In March 2024, Namibia experienced a remarkable surge in hotel bookings, with over 26 thousand rooms reserved, marking a substantial 19.1% increase compared to the same period last year. This surge in bookings was primarily driven by coastal destinations, signaling a promising trajectory for the country's tourism sector. The coastal regions, renowned for their scenic beauty and diverse attractions, attracted a significant influx of visitors, contributing to the overall growth […] todayMay 16, 2024 9
