ON THE RADAR WITH HAPPY JUJU (8 OCTOBER 2024)
1. Justicia Shipena, delves into the implications of this recent recall of Namib Mills recall from shelves, speaking with economists who shed light on the potential impact on Namibia’s export standing and the broader consequences for the food industry.
2. The Namibia Statistics Agency (NSA), has released the Namibia consumer price Index bulletin, for the month of September 2024.
3. The Global Credit Rating (GCR) agency recently affirmed Bank Windhoek’s Namibian long and short-term national scale issuer ratings AA(NA)/ A1+(NA), respectively.
4. As Namibia navigates the complexities of international trade, its major commodity exports – diamonds, uranium, and gold are under the spotlight. These key resources, which account for nearly 60% of the country’s domestic exports, may find themselves shielded from the European Union’s Carbon Border Adjustment Mechanism, or CBAM.
5. President Nangolo Mbumba attended the Hamburg Sustainability conference in Germany yesterday under the theme “Shaping an International (Financial) Architecture that works for the people and the planet.”
