Stock markets diverged Monday, following last week’s strong performance, as traders await a meeting of central bankers that could give fresh signals about the US interest-rate outlook. Positive data last week eased concerns about the health of the US economy after markets were hammered earlier this month due to recession fears and a Japanese interest-rate...
Green Enterprise Solutions, a Namibian ICT company, has announced the onboarding ofinterns across its various departments. This internship programme is expected tofoster a new wave of tech-savvy professionals.Three of these interns are stationed in Erongo region, and 10 are interning at Green’s main office in Windhoek. The 13 interns are expected to engage in comprehensive,...
Trade minister Lucia Iipumbu stated the 2024 SADC Summit that took place in Zimbabwe last week paved the way for the commencement of the Tripartite Free Trade Area (TFTA) agreement. This will ultimately allow for direct trade among the subscribing countries, and should eventually bring the region closer to the broader goals of the African...
Small and Medium Enterprises hold the key to Namibia’s economic growth. The sector does this by addressing unemployment, significantly contributing to the gross domestic product. More importantly, it sustains the livelihoods of many Namibians. Government has emphasised that it is crucial to recognise the crucial role SMEs play. Recent research indicates that SMEs provide employment...
Gold hit a record high on Friday as global stock markets gained on reassuring data about the health of the world’s biggest economy and likely US interest rate cuts. Expectations of US interest rate cuts weakened the dollar, while oil prices tumbled as weak Chinese demand expectations offset ongoing tensions in the Middle East, according...
Justice minister Yvonne Dausab has praised Namibia’s institutions, policies and legal arrangements, and said the country’s citizens should be proud of achievements. However, she stated that the biggest challenge remains in the implementation. “But in an election year, our preoccupation as political leaders is how we ensure a culture of service delivery where citizens have...
BEIJING – Chinese retail sales rebounded in July while industrial production growth slowed, official data showed yesterday, highlighting an uneven recovery in the world’s second-largest economy. More than a year and a half after the lifting of stringent Covid-19 measures, the much-anticipated post-pandemic recovery has been brief and less robust than expected, while a property...
The Communications Regulatory Authority of Namibia (CRAN) regulates postal services in Namibia, designating Namibia Post Limited (NamPost) as the National Postal Service Operator in Namibia. CRAN oversees the implementation of the licence conditions subject to the Designated Postal Operator licence issued to NamPost in terms of section 96(2) of the Communications Act (No. 8 0f...
WASHINGTON – From Google to Netflix, prominent US companies are battling internet boycott calls over their perceived political leanings in a polarising election season that has exposed them to what researchers call “brand disinformation.” The online campaigns, which falsely claim both Netflix and Google are funding or favouring Democratic nominee Kamala Harris ahead of the...
The Namibian Standards Institution (NSI) Certification Body has awarded Meatco NCA (Pty) Ltd a Hazard Analysis Critical Control Point (HACCP) certification. This prestigious certification is a testament to the company’s commitment to food safety and quality, reinforcing its position as a leader in Namibia’s meat industry. The HACCP certification is an internationally-recognised standard for ensuring...