Economics

Local content top priority

15 hours ago | Economics

A 'buy local' policy with local content requirements will, in the long run, help smaller businesses to sell goods and services to government.This was the view of trade minister Tjekero Tweya in the National Assembly...

Elando lyiilongomwa yomoshilongo olya simana

15 hours ago | Economics

Omulandu gwokulanda iilongomwa yomoshilongo monakuyiwa otagu ka kwathela aanangeshefa aashona moshilongo opo ya landithe iilongomwa nomayakulo gawo kepangelo.Ngoka omaiyuvo gOminista yIipindi, Tjekero Tweya sho a popi mOmutumba gwoPashigwana oshiwike sha piti ta...

Millions unaccounted for at NDC, says AG

2 days ago - 20 March 2019 | Economics

The Namibia Development Corporation (NDC) has failed to submit documentary evidence to prove how it spent N$90.1 million between 2015 and 2017, the latest report by the Auditor General (AG) has found. The report, in...

Africa Briefs

2 days ago - 20 March 2019 | Economics

No end date for Eskom’s power cutsSouth Africa's public enterprises Minister Pravin Gordhan said yesterday he cannot say yet when rolling blackouts will end, as power utility Eskom struggles with capacity shortages that threaten to...

Authorities still can’t do own financials

3 days ago - 19 March 2019 | Economics

Despite being exempted from paying audit fees and to use this money to develop skills, the majority of local authorities still fail to draw up their own financial statements.The “Special Report of the Auditor General...

Ghana bets on rejuvenated railways for growth

3 days ago - 19 March 2019 | Economics

Stacey Knott - As Ghana's urban landscape gently slides by the train window, Shaibu Amoah swells with pride.The 37-year-old has been helping to renovate railway...

New Era pays millions in tax penalties

4 days ago - 18 March 2019 | Economics

The New Era Publication Corporation (NEPC) has attributed its insolvency to the debts it owes to the receiver of revenue, printing cost and escalation of...

Boost Africa investment to win climate fight

1 week ago - 15 March 2019 | Economics

Patrick Galey - Governments and business must help countries in Africa deal with the fallout of climate change, the head of the World Bank said...

Calle: ‘Nothing sinister about budget delay’

1 week ago - 14 March 2019 | Economics

Finance minister Calle Schlettwein told Market Watch this morning that the tabling of the 2019/20 national budget has been moved to 27 March purely for...

Overall inflation down, food rate up

1 week ago - 14 March 2019 | Economics

Annual overall inflation in February was 4.4%, down from 4.7% the previous month, according to the latest data released by the Namibia Statistics Agency (NSA)...

No SA bailout for Zimbabwe

1 week ago - 14 March 2019 | Economics

Fanuel Jongwe - South African President Cyril Ramaphosa concluded a much-anticipated visit to Zimbabwe on Tuesday, dashing any lingering hopes that his country would bail...

Brexit defeat leaves May's authority in tatters

1 week ago - 14 March 2019 | Economics

Alice Ritchie - British prime minister Theresa May staked everything on getting her Brexit deal, and its rejection on Tuesday has left her authority severely...

Economics

Zim hints at more weakening...

1 week ago - 13 March 2019 | Economics

MacDonald Dzirutwe - Zimbabwe's central bank governor on Monday said the exchange rate for the new transitional currency is unlikely to remain at 2.5 per...

US set to become net...

1 week ago - 12 March 2019 | Economics

Paris - Crude production is set to continue expanding in the United States thanks to shale oil, with the country becoming a net exporter from...

Africa Briefs

1 week ago - 12 March 2019 | Economics

SA bond demand at 6-month highDemand for South Africa's short-term bonds hit a six-month high at an auction on Friday just 24-hours after president Cyril...

US household net worth sees...

1 week ago - 11 March 2019 | Economics

Washington - American households saw their net worth plummet at the end of 2018 amid a rout on Wall Street, the biggest tumble since the...

Africa Briefs

1 week ago - 11 March 2019 | Economics

Zim denies new currency rate being fixedThe head of Zimbabwe's central bank denied on Thursday that it had fixed the exchange rate of the country's...

World food prices rise nearly...

2 weeks ago - 08 March 2019 | Economics

World food prices rose in February, lifted in part by a jump in dairy prices, the United Nations food agency said yesterday.The Food and Agriculture...

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