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Regional
International
US Dollar Reserve Global Dominance Shrinks
By: Nghiinomenwa-vali Erastus A summary done by the Bank of Namibia last week shows that the USA dollar’s dominance as a global reserve currency has eroded from over 70% in 2000 to 59% in Q1 2024. The USA dollar has…
U.S. Tariffs Imposed on Namibia Could Undermine Export Growth
By: Justicia Shipena The tariffs imposed by the United States on Namibia may reduce the competitiveness of Namibian beef and fish exports in the US market, according to the International Relations and Trade Ministry. Last week, U.S. President Donald…
The Ripple Effect: U.S-RSA Tensions on Namibia’s Economy
By: Justicia Shipena The diplomatic rift between South Africa and the United States could have economic implications for Namibia, given the interconnected trade ties with the southern neighbor. This follows U.S. Secretary of State Marco Rubio’s declaration of…
Technology
Financial Sector is Encouraged to follow SA’s Cybersecurity Standards
By: Nghiinomenwa-vali Erastus It has been recommended that Namibian companies in the financial sector follow South Africa’s latest legal standard for cybersecurity in the financial sector. The South African Financial Sector Conduct Authority and the Prudential Authority, have…
Rehabilitation and Assistive Technology Strategy Under Development
By: Dwight Links Development of the National Rehabilitation and Assistive Technology strategic plan through a workshop for the public health sector got underway in Windhoek this week. Themed as a workshop, the planning sessions will review the rehabilitation…
Artificial intelligence Rolling out in Namibian Newsrooms
By: Dwight Links A recent stakeholder engagement regarding the influence of artificial intelligence (AI) in the African media indicated that there has been a positive adoption by journalists and reporters in the field to use AI tools for their…
