insert_link Business / Economics 15 April 2024 Morning Biz News: Transforming Elizabeth Bay: Standard Bank’s Energy Park Initiative In a bid to ignite infrastructure growth and leverage Namibia's resource potential, Standard Bank has unveiled an ambitious plan to rebrand Elizabeth Bay into an Energy Park, as reported by The Brief. This strategic move is poised to reshape the landscape of Elizabeth Bay, a mining community nestled 25 kilometers south of Lüderitz on Namibia's southern coast. The vision behind the Energy Park initiative extends beyond mere revitalization; it aims […] today15 April, 2024
insert_link Business / Economics Local analyst examines economic outlook amid rate cut predictions South Africa's Standard Bank chief economist Goolam Ballim expects four 25 basis point cuts in 2024 starting in the second quarter, and taking the repo rate to 7.25% by year-end. He forecasts economic growth to rebound moderately in 2024 to 1.2%. We asked local Research Analyst at IJG Research, Angelique Bock if she agrees with him. today13 February, 2024
insert_link Local My Zone announces inaugural media roadshow Namibia Media Holdings' (NMH) youth brand, My Zone, is delighted to announce its collaboration with Standard Bank to orchestrate the inaugural media roadshow dedicated to the youth of Namibia. Scheduled to unfold in 11 towns from 29 January to 23 February, the Media Roadshow is set to embrace the theme: "Jammin’ Journalism, Rockin’ Ethics." The first session with Windhoek based schools took place at Academia Secondary School in Windhoek […] today31 January, 2024
insert_link Business / Economics Competition Appeals Court deals blow to South African rand manipulation case The South African Competition Commission’s rand-rigging case has been dealt a massive blow, as the Competition Appeals Court dismissed 23 of the 28 implicated commercial banks, saying the commission lacked enough evidence to support its claim of a conspiracy to manipulate the rand-dollar exchange rates between 2007 and 2013. However, Investec, JPMorgan Chase, HSBC, BNP Paribas, and Credit Suisse still face potential prosecution. Separately, Moneyweb reports that Standard Bank has […] today9 January, 2024
