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

weekly economics wrap

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30 October-07 November 2024 Weekly Economics Wrap: Key Developments and Global Trends

    Namibia's Agricultural Growth: The Namibia Berries Project Expansion The Namibia Berries Project is setting its sights on significant expansion. The project plans to grow by 75 hectares annually, targeting 240 hectares by 2026. The ambitious vision, shared by founder Michael Rodenburg, aims for long-term growth, with a potential reach of 500 hectares, depending on funding and community development. This expansion is poised to make a substantial impact on […]

todayNovember 7, 2024 5

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Business / Economics

11-18 July 2024 Weekly Economics Wrap: Cross-Border Green Hydrogen Pipeline Feasibility Study Advances Amid Economic Shifts Across Southern Africa and Global Markets

Namibia-South Africa Green Hydrogen Pipeline Feasibility Study The Mines and Energy Ministry of Namibia has announced plans to conduct a N$5 million feasibility study for a cross-border green hydrogen pipeline linking Namibia and South Africa. This initiative, overseen by Namibia's Green Hydrogen Programme, follows the signing of a Memorandum of Understanding between the two nations at the May 2024 World Hydrogen Summit. South African Economic Highlights Rand Strengthens on U.S. […]

todayJuly 18, 2024 15

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Business / Economics

13-20 June 2024 Weekly Economics Wrap: Pupkewitz Tops Affordability, Namibia Holds Rates, and Global Markets Shift

Pupkewitz Megabuild Leads in Affordability According to The Brief's monthly survey for June 2024, Pupkewitz Megabuild has emerged as the most affordable hardware store in Windhoek. This survey, initiated in June 2023, benchmarks the prices of a standardized basket of hardware items across four major stores: Build It, BUCO, Pupkewitz Megabuild, and Ark Trading. Pupkewitz's consistent pricing strategy has positioned it favorably among consumers seeking value for money in their […]

todayJune 20, 2024 12

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Business / Economics

16-23 May 2024 Weekly Economic Wrap: Insights and Highlights

Bringing you the latest updates and significant developments shaping economies and markets worldwide. Local Insights: The Directorate of Veterinary Services, under Namibia's Ministry of Agriculture, Water, and Land Reform, has lifted its ban on poultry meat imports from South Africa. Only meat sourced from bio-secure farms listed by the Veterinary Authority of South Africa will be permitted into Namibia, ensuring stringent quality control measures. Paratus Namibia Holdings Ltd and Bonben […]

todayMay 23, 2024 26

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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 18

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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 16

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Business / Economics

25 April-2 May 2024 Weekly Economics Wrap: Insights into Global Economic Developments

As the week unfolds, significant economic events and developments have shaped various sectors, both domestically and internationally. Here's a concise overview of the key highlights from the world of economics: 1. OPEC's Potential Collaboration with Namibia: OPEC, the Organization of the Petroleum Exporting Countries, is eyeing potential collaboration with Namibia as the country gears up for its inaugural offshore oil production by 2030. Secretary General Haitham Al Ghais revealed that […]

todayMay 2, 2024 8

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Business / Economics

11-18 April 2024 Weekly Economics Wrap: Insights from Around the Globe

Namibian Financial Landscape: The Bank of Namibia has decided to maintain the repo rate at 7.75 percent, signaling a cautious approach to monetary policy amid economic uncertainties. Sanlam Namibia reported significant growth in assets, reaching N$4.6 billion in 2023. CEO Tertius Stears expressed confidence in the company's performance, anticipating further growth in policy liabilities. Developments in South Africa: The South African rand experienced depreciation against the U.S. dollar amidst escalating […]

todayApril 18, 2024 14

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Business / Economics

Weekly Economics Wrap: March 21-28, 2024

  As the global economic landscape continues to evolve, this week's wrap-up brings forth significant developments from Namibia, South Africa, across Africa, and internationally. From record-breaking achievements in the mining sector to ambitious economic reforms and market movements, here's a glimpse of the key highlights: Namibia: Andrada Mining's Milestone Performance: Andrada Mining proudly announced record-breaking production figures for the fiscal year 2024 (FY24), accompanied by a robust cash balance of […]

todayMarch 28, 2024 16

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