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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

US Dollar

64 Results / Page 5 of 8

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Business / Economics

20-27 June 2024 Weekly Economics Wrap: Global and African Markets in Focus

  This week in economic news, several key developments have shaped financial landscapes across Africa and globally. Namibian Market Highlights: Savanna Beef Secures N$150 Million for Export Abattoir: Savanna Beef has successfully secured a N$150 million loan to construct an advanced export abattoir. This initiative, spearheaded by the Beef Value Chain Forum and facilitated by Cirrus Capital, aims to enhance Namibia's beef export capabilities, as reported in The Brief. Trustco […]

todayJune 27, 2024 17

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Business / Economics

27 June 2024 Moring Biz News: Namibian Business Pulse: Mining Expo Set for Record Turnout Amidst Currency and Market Developments

1. Chamber of Mines of Namibia Prepares for Record-breaking Mining Expo The Chamber of Mines of Namibia is anticipating a highly successful annual mining expo this year, with expectations pointing towards a record-breaking turnout. Having previously hosted 162 exhibitors and 270 booths, the upcoming event has already secured commitments from 145 exhibitors for 245 booths with six weeks remaining until its commencement. This surge suggests an imminent sell-out, according to […]

todayJune 27, 2024 28

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Business / Economics

26 June 2024 Morning Biz News: Business News Roundup: Port of Walvis Bay Drops in Rankings, Sibanye Stillwater Seeks $500 Million, Dollar Strengthens, and Oil Prices Fall

  Global Shipping Challenges: The Port of Walvis Bay's Decline The Port of Walvis Bay has experienced a significant drop in global rankings, as highlighted by the World Bank's latest report. Once positioned at 293rd in 2022, the port now finds itself at 382nd out of 405 ports in 2023. The 2023 Container Port Performance Index by High Economic Intelligence identifies several contributing factors to this decline, raising concerns about […]

todayJune 26, 2024 30

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Business / Economics

25 June 2024 Morning Biz News: Global Markets Navigate Volatility: Namibia’s Agricultural Imports Surge, Rand Weakens, Oil Prices Stable, Stocks Mixed Ahead of US Inflation Data

In the dynamic landscape of global markets, several key developments have emerged, impacting economies and industries worldwide. Here's a comprehensive overview of the latest updates: 1. Namibia's Agricultural Imports Surge Amidst Economic Realities Namibia, a nation with a burgeoning agricultural sector, faced significant revelations as Eos Capital Managing Director, Immanuel Kadhila, disclosed that the country imported agricultural products amounting to N$22 billion in 2023. This figure starkly highlights Namibia's heavy […]

todayJune 25, 2024 20

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Business / Economics

21 June 2024 Morning Biz News: Biz News Roundup: Economic Insights and Market Movements

  In the dynamic world of business and finance, staying informed about the latest developments is crucial for making sound decisions. Here's a roundup of the most recent updates shaping economies and markets globally: Namibia Shows Resilient Growth in Q1 2024 Namibia's economy demonstrated robust performance in the first quarter of 2024, with a significant growth of N$5.3 billion, marking a 4.7% real growth rate. According to the Namibia Statistics […]

todayJune 21, 2024 12

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Business / Economics

18 June 2024 Morning Biz News: Telecom Namibia Expands Network Amid Global Market Surges and Dollar Weakness

Telecom Namibia Expands Network Reach with Huawei Collaboration Telecom Namibia has embarked on an ambitious five-year plan to enhance and extend its mobile network infrastructure across Namibia. This initiative comes as a result of a strategic partnership with Huawei, aiming to introduce cutting-edge mobile technologies including 4G, 4.5G, and 5G. These advancements are poised to deliver faster and more reliable mobile broadband services to TN mobile subscribers nationwide. The collaboration […]

todayJune 18, 2024 26

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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 35

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Business / Economics

13 June 2024 Morning Biz News: Biz News Roundup: Key Developments in Property Legislation, Corporate Earnings, Oil Prices, and Currency Movements

  Property Practitioners Bill Introduced in Parliament In a significant legislative move, the Namibian Parliament has introduced the Property Practitioners Bill, aiming to overhaul and modernize the country’s property sector. According to a report by The Brief, this Bill is set to replace the outdated Estate Agents Act of 1976. The proposed legislation will establish the Property Practitioners Regulatory Authority, which is designed to enhance consumer protection and ensure more […]

todayJune 13, 2024 21

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Business / Economics

30 May 2024-6 June 2024 Weekly Economics Wrap

Weekly Economic Wrap: Navigating Regional and Global Trends In the ever-shifting landscape of global economics, the past week has brought forth a tapestry of developments across African and international markets, encapsulating both challenges and opportunities. From Namibia's soaring trade volumes to Nigeria's capital strengthening initiatives, and from South Africa's electoral ripples to international oil market dynamics, here's a comprehensive recap of the key economic events shaping the narrative: Namibia: Trade […]

todayJune 6, 2024 14

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