Super User

Super User

Mark Zuckerberg lost US$29 billion (R442 billion) in net worth on Thursday as Meta Platforms Inc's stock marked a record one-day plunge, while fellow billionaire Jeff Bezos was set to add US$20 billion (R305 billion) to his personal valuation after Amazon's blockbuster earnings.

The National Petroleum Corporation of Namibia (NAMCOR) says the recent potential oil find by its partners, Shell Namibia Upstream B.V and Qatar Energy, is a strong validation of the country’s oil deposits.

Deputy Prime Minister and Minister of International Relations and Cooperation Netumbo Nandi-Ndaitwah will this month lead a Namibian trade mission to Angola to scout for trade and investment opportunities.

Namibia recorded a N$33.4 billion trade deficit in 2021 after exporting goods valued at N$95 billion against total imports of N$129 billion, latest figures released by the Namibia Statistics Agency (NSA) show.

Business interruption is one of the major concerns for companies in Namibia for the next 12 months, followed by changes in legislation and regulation, and another Covid-19 outbreak, the latest Allianz Risk Barometer has revealed.

Discount retailer Pepkor has breached the largest economy in South America, announcing on Thursday that it acquired a controlling stake in the Brazilian-based clothing retailer Grupo Avenida.

Moody's is planning to acquire a 51% majority stake in Africa's leading credit ratings agency, Global Credit Rating (GCR). The US-based firm is one of the 'big three' western agencies, controlling about 95% of the international ratings business.

Another African country joined the crypto regulation’s bandwagon, and this time is Botswana, which passed a bill to regulate digital assets trading.

The Global Finance magazine has recognised RMB Namibia as the Best Treasury and Cash Management Bank and RMB as the Best Bank for Payments and Collections in Africa.

Namibia is yet to implement telecommunications number portability two years after publishing the regulations.

Joomla! Debug Console

Session

Profile Information

Memory Usage

Database Queries