insert_link Business / Economics 20 June 2024 Morning Biz News: Global Economic Pulse: Trade Deficits Rise, Inflation Steady, and Strategic Investments in Energy Sector In the dynamic landscape of global finance, several key developments have emerged recently that underscore significant trends and economic indicators across various regions. Here's a roundup of the latest updates: 1. Namibia Faces Growing Trade Deficit The Bank of Namibia's recent report highlights a concerning trend for the country's economy. Governor Johannes !Gawaxab announced a notable increase in Namibia's merchandise trade deficit, which has surged to N$13.5 billion in […] todayJune 20, 2024 12
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 16
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 20
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 8
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 13
insert_link Business / Economics 9-16 May Weekly Economic Wrap: Diverse Trends Unfold Across Africa and Beyond In the dynamic landscape of African and international economies, the past week has witnessed a plethora of developments, from notable milestones to significant shifts in key sectors. Here's a comprehensive roundup of the latest economic highlights: Namibia: Private Sector Credit Declines, Port Authority Achieves Milestone Official data from Namibia reveals a substantial decline of 65.7% in private sector credit disbursements over the past year, totaling N$1.44 billion compared to […] todayMay 16, 2024 12
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 8
insert_link Business / Economics 15 May 2024 Morning Biz News: Africa’s Green Hydrogen Initiative, Rand’s Fluctuations, and Oil Price Surge: A Snapshot of Recent Financial Trends As the global economy navigates through various challenges and opportunities, the financial landscape witnesses dynamic shifts influenced by diverse factors ranging from economic policies to natural disasters. Here's a roundup of the latest developments shaping the business world: Africa's Green Hydrogen Pipeline Initiative: President Nangolo Mumba's announcement of a groundbreaking collaboration between Namibia and South Africa marks a significant stride towards sustainable energy development in the region. The partnership, […] todayMay 15, 2024 7
insert_link Business / Economics 1-8 May 2024 Weekly Economic Wrap: Global Economic Highlights: Acquisitions, Regulations, and Market Movements Shape the Week’s Headlines” In a dynamic week of economic developments across various sectors and regions, the global economic landscape witnessed significant shifts and strategic maneuvers. From corporate acquisitions to regulatory measures and international market movements, here's a concise roundup of the key events shaping the economic discourse this week: Local Insights: Windhoek's Retail Scene Choppies vs. Metro: Among Windhoek's esteemed grocery supermarkets, Choppies emerges as a consistent provider of cost-effective standard groceries, […] todayMay 8, 2024 12
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
