Economics

Higher food, fuel prices expected

9 hours ago | Economics

Consumers should brace themselves for even more expensive food and fuel this year. Although motorists received a slight reprieve in fuel prices in December, this downward trend is not likely to continue, says economist...

Job desperation causes chaos

9 hours ago | Economics

Masses of unemployed people flocked to TransNamib in Ondangwa yesterday to apply for 40 posts that had been announced on radio. There were scenes of pandemonium as the jobless laid siege to the front...

Cross-border buses to Zim suspend service

9 hours ago | Economics

Nampa/ANAThe International Cross-Border Traders Association (ICTA) on Monday said it had withdrawn all buses travelling to different parts of Zimbabwe from neighbouring countries as protests spread in the country. "As the International Cross-Border Traders Association...

SA regulator weighs Eskom price hike

9 hours ago | Economics

NAMPA/ANAAs the National Energy Regulator of South Africa (Nersa) on Monday began public hearings on Eskom's tariff increase application, pressure group SAFCEI suggested that the utility was not playing open cards on its costs in...

Ghana's biggest oilfield yet discovered off western coast

9 hours ago | Economics

NAMPA/ANANorwegian oil exploration company Aker Energy has announced the discovery of what appears to be the biggest oil find in the Ghana's history to date off the country’s west coast. The discovery occurred in the...

China and Canada in 'hostage politics'

9 hours ago | Economics

NAMPA/AFP A Chinese court's decision to impose the death penalty on a...

Company news in brief

9 hours ago | Economics

Lindt posts on-target sales despite US slowdownSwiss chocolate maker Lindt & Spruengli yesterday said its organic sales rose 5.1% in 2018, in line with its...

New law regulates micro-loans

1 day - 15 January 2019 | Economics

AUGETTO GRAIG Micro-lenders and cash-loan providers must register with Namfisa (Namibia Financial Institutions Supervisory Authority) annually now that Micro-lending Act has come into force since...

Borrowing just enough is best

1 day - 15 January 2019 | Economics

STAFF REPORTER Jerome Mutumba, Development Bank of Namibia (DBN) head of marketing and corporate communication, says as the economy begins to improve entrepreneurs will find...

Congo vote leaves uncertainty for miners

1 day - 15 January 2019 | Economics

Joe BavierThe surprise outcome of Congo's election - a vote meant to bring closure to years of turmoil under President Joseph Kabila - has done...

Coffee price slump

1 day - 15 January 2019 | Economics

In the verdant southern highlands of Ethiopia, coffee farmer Gafeto Gardo is thinking about calling time on an industry that has sustained families for generations....

Oil slides on China trade slump

1 day - 15 January 2019 | Economics

Henning Gloystein - Oil prices fell by almost 1% yesterday, with Brent crude slipping below US$60 per barrel, after Chinese data showed weakening imports and...

Economics

Shutdown squeezes ordinary Americans

2 days ago - 14 January 2019 | Economics

JAY REEVESOnce known for its cotton trade and watercress farms, Huntsville, Alabama, is now the ultimate government town.About 70 federal agencies are located at the...

SA eyes oceans of opportunities

2 days ago - 14 January 2019 | Economics

South Africa Environmental Affairs Minister Nomvula Mokonyane says the oceans economy has shown vast opportunities for the participation of young people, as well as the...

Xolobeni in upheaval over third...

2 days ago - 14 January 2019 | Economics

A war of words in has erupted Xolobeni between those opposed to the upcoming visit to the area by South African Mineral Resources Minister, Gwede...

China drags fugitives, funds back...

2 days ago - 14 January 2019 | Economics

More than 1 000 Chinese fugitives who fled abroad were returned to the country last year and more than US$519 million in ill-gotten gains was...

Two-day strike rocks India

5 days ago - 11 January 2019 | Economics

Harbhajan Singh SidhuHind Mazdoor Sabha general secretary“In our protest march from Mandi House to parliament in the capital, around 4 000 workers came to express...

Former Zim minister granted bail

5 days ago - 11 January 2019 | Economics

Zimbabwean opposition politician and former energy and power development minister Elton Mangoma, who was arrested on charges of criminal abuse of office, appeared in court...

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