Business

Kazungula Bridge to link, open up markets in eight African countries

Scenes of traders, travellers, fishermen and women crossing the Zambezi River on floating planks, ferries, rickshaw boats, and canoes will soon come to an end. In just 24 months, travelling between the water-rich but land-locked Zambia and Botswana will get easier, smoother and faster, when the new road and rail bridge, currently under construction across the waters of the Zambezi, is commissioned for public use. ...Read More

Ramaphosa says Eskom challenges are being addressed

Johannesburg – Southern African President Cyril Ramaphosa on Wednesday said the government was taking steps to address challenges faced by Eskom, as it remained an albatross around the country’s neck. ...Read More

Just enough is smarter than more – DBN

Windhoek - Entrepreneurs will find greater confidence to establish small and medium enterprises (SMEs) and existing SMEs will seek finance to grow as the economy begins to improve, however, confidence should walk hand in hand with responsible borrowing, Jerome Mutumba of the Development Bank of Namibia (DBN) has advised. ...Read More

Angola’s 2019 licensing round, marginal fields will drive explorers’ interest

Angola has developed a strategic plan to attract new players to its established oil and gas sector, promoting a licensing round at Angola Oil and Gas in June 2019 and opening up marginal fields based on new 2018 legislation. ...Read More

Foreign-owned banks in Namibia reduce the ‘swindling’

Windhoek - Foreign-owned banks accused of fleecing the Namibian poor seem to have finally succumbed to pressure and have reduced their bank charges for 2019. ...Read More

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