Business

Fishcor back in business . . . rises from the brink of collapse

Windhoek – After many years of operating at a loss, the national Fishing Corporation of Namibia (Fishcor) is now making a profit, thanks largely to its 50,000 metric tons (mt) of horse mackerel quota guaranteed by the Ministry of Fisheries and Marine Resources. ...Read More

Sub-Saharan Africa: Firming up the economic recovery

According to the IMF’s Regional Economic Outlook for Sub-Saharan Africa, the growth pickup has been largely driven by improved policies in some countries, and a more supportive external environment, including stronger global growth and higher commodity prices. These factors have supported high volumes of capital inflows. For example, sovereign bond issuances by the region’s frontier markets (Côte d’Ivoire, Kenya, Senegal, and Nigeria) have increased to record levels. ...Read More

Moza has funds to diversify economy

Mozambique is facing a difficult economic and financial situation, but in the next few years, companies will have funds from international institutions for economic diversification projects, according to the latest Africa Report on the country. ...Read More

Foreign banks fleece Nam’s poor . . . Rake in billions of dollars in service charges

Windhoek – At a time when almost all the sectors are battling tough economic conditions, foreign banks in Namibia and the entire financial services sector continue to withstand economic shocks, thanks largely to the country’s poor majority. ...Read More

Regional industrial clusters game changers in economic integration

Adoption of cluster-driven production techniques could steer Southern Africa and the continent at large to unlock wider global opportunities through enhanced critical mass and market size. ...Read More

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African countries must up their game and Read more...

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Heads of state and ministers who travell Read more...

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Windhoek - The European Union National I Read more...

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