insert_link Business / Economics 6-13 June 2024 Weekly Economics Wrap: Namibia’s Fuel Sector Divestment, African Trade Growth, and Global Market Shifts Namibia: Vitol Emerald Bidco to Divest Service Stations In a bid to uphold fair competition standards, Vitol Emerald Bidco (Pty) Ltd is set to divest from 58 Engen and Shell service stations across Namibia. This move comes as a requirement following Vitol's acquisition of Engen Ltd, with the Namibian Competition Commission imposing the condition to prevent monopolistic dominance. The decision aims to ensure a level playing field in the country's […] todayJune 13, 2024 15
insert_link Business / Economics 11 June 2024 Morning Biz News: Biz News Update: Q1 2024 Highlights and Key Financial Indicators Namibia's Pork Production Surge In the first quarter of 2024, Namibia's local fresh and processed pork production achieved a significant milestone, meeting 49.4% of the nation's consumption demands. This progress towards self-sufficiency was reported by the Brief, highlighting the country's efforts to bolster its domestic agricultural capabilities. The Livestock of Namibia Board noted a substantial 10.3% increase in the number of pigs slaughtered, rising to 12,253 from just over […] todayJune 11, 2024 21
