Business

Walvis Bay, Ndola, Lubumbashi corridor gaining traction

Swakopmund – Cross-border cargo volumes from the Port of Walvis Bay in Namibia along the Zimbabwe, Zambia and the Democratic Republic of Congo (DRC) route are growing at a fast pace with cargo volumes increasing by 20% to 590,000 tonnes in October 2018. ...Read More

Sino-US trade wars could kill African economies

Lusaka The trade and psychological war rocking Western countries and China, which is intended to impose barriers on trade, will negatively affect African countries and stifle economic growth, said former Zambian President Rupiah Banda. ...Read More

Eye of the Storm paints gloomy picture for Nam

Windhoek – A local financial institution has warned that if Namibia does not monitor its debt closely, it is in for a prolonged sub-investment grade sovereign rating, stagnant economic growth and can also be forced to de-link from the peg with the South Africa rand. ...Read More

No breakthrough in Nam-Angola power deal

Windhoek - Namibia and Angola are yet to make a breakthrough in constructing a power project earmarked to produce 600 MW at an estimated cost of US$1.2 billion. ...Read More

GMOs raise heckles in Zambia

Lusaka – The import of Genetically Modified Organisms (GMOs) into Zambia has sparked concern among the public with consumer watchdogs calling for government intervention to sustain the country’s quest to accelerate diversification and investment to grow the agricultural sector. ...Read More

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