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

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Business / Economics

30 April 2024 Morning Biz News: Biz News Recap: Insights into Global Economic Developments

Namibia's Beef Exports Surge in Q1 2024: Namibia's beef exports saw a significant uptick in the first quarter of 2024, with official figures indicating a total export volume of 2.9 million kilograms. The Brief reported that nearly half of these exports, approximately 1.27 million kilograms, were destined for the European Union. This surge in beef exports reflects Namibia's growing role in the global meat market. South Africa's Rand Strengthens: South […]

todayApril 30, 2024 18

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Business / Economics

18 April 2024 Morning Biz News: Latest Financial Indicators and Business News Recap

Bank of Namibia Maintains Repo Rate: The Bank of Namibia has announced its decision to keep the repo rate steady at 7.75 percent, alongside a stable prime lending rate of 11.50 percent. This marks the second monetary policy announcement by the BoN this year, indicating a cautious approach to economic management. South Africa Sees Decrease in Consumer Inflation: Consumer inflation in South Africa saw a slight decrease in March, falling […]

todayApril 18, 2024 22

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Business / Economics

Economic Highlights and Financial Indicators: A Snapshot of Recent Developments

Namibia's Tourism Sector Sees a Surge in Leisure Travel: In 2023, the Hospitality Association of Namibia reported a significant shift in travel patterns, with 90% of visits attributed to leisure trips. This marks a notable increase from the 84% recorded in 2019. The data suggests a growing preference for immersive and experiential travel within Namibia's tourism industry, reflecting a positive trend for the country's leisure sector. South Africa's Rand Weakened […]

todayJanuary 22, 2024 2

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Business / Economics

Ripples of 2023: FBS’s insight on the 2024 global financial outlook

With 2023 coming to an end, leading global broker FBS looks back at the significant economic events and delves into the perspective of the financial landscape in 2024. FBS financial market analysts point out that next year, financial markets will stand at the cusp of transformation under the influence of the US economy, global and local military conflicts, and the sprawl of AI. As FBS experts further stress, the cautious stance […]

todayDecember 19, 2023 4

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