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Author: Guest Contributor

Forex offers vast opportunities to African day traders

By  Maddison Lambert Forex or Foreign Exchange is a decentralised market where all of the currencies in the world are traded. It is the largest, most liquid market in the entire world that trades over US$5 trillion every day. Not even the biggest stock markets can compare to the amount of money being traded by investors on the Forex market. The idea behind it is simple: you buy a currency when it’s low and you sell when it’s high. Forex traders make calculated risks by relying on fundamental and technical analysis to see whether or not the exchange rate...

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NANGOF-Civil Society Working Group on Land Reform

By Uhuru Dempers Convener of NANGOF-Civil Society Working Group on Land Reform NANGOF-Civil Society Working Group on Land Reform wholeheartedly welcomes the announcement by the government that the 2nd National Land Conference has been rescheduled. On July 7, 2017 we wrote to the President, Hage Geingob, appealing for his intervention after we failed to secure an appointment with the Minister of Land Reform. The President replied on 31 July 2017, requesting us to elaborate on our concerns. NANGOF-Civil Society Working Group on Land Reform wrote a follow up elaborate follow up letter to President Geingob and received a reply...

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Financial sector needs to address growing eWaste problem

The global eWaste management market is expected to grow to US$49.4-billion by 2020, it is one of the fastest growing waste streams with the reduced life span of electrical, electronic and consumer electronic devices. Research shows that the generation of eWaste is the highest in the IT sector followed by the Banking, Financial Services, and Insurance (BFSI) sector. Improper disposal of electronic devices has an adverse effect on the environment and subsequently, there are now various regulations that are being enforced upon organisations for suitable recycling of electronic assets. Organisations are now required to reduce their power consumption from...

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Bitcoin and blockchain poised to transform financial transactions

By Andrew Sheng and Xiao Geng HONG KONG – Financial markets today are thriving. The Dow Jones industrial average, the S&P 500, and the Nasdaq composite index have all reached record highs lately, with emerging-economy financial markets also performing strongly, as investors search for stability amid widespread uncertainty. But, because this performance is not based on market fundamentals, it is unsustainable – and very risky. According to Mohamed El-Erian, the lost lesson of the 2007 financial crisis is that current economic-growth models are “overly reliant on liquidity and leverage – from private financial institutions, and then from central banks.”...

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China is the Global Economy’s New Rule-Maker

By Michael Spence, a Nobel laureate in economics, Professor of Economics at New York University’s Stern School of Business and Senior Fellow at the Hoover Institution. MILAN – In a recent commentary for the South China Morning Post, Helen Wong, HSBC’s chief executive for Greater China, shows that China’s rising generation of 400 million young consumers will soon account for more than half of the country’s domestic consumption. This generation, Wong notes, is largely transacting online, through innovative, integrated mobile platforms, indicating that it has already “leapt from the pre­web era straight to the mobile Internet, skipping the personal...

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Educating SMEs on navigating through recession

By Dennis Isaacs Standard Bank’s Head of Enterprise Banking Namibia’s economic climate over the last four quarters has proved to be a force to be reckoned with as some SMEs struggle to weather the storm of the recession. The unforeseen issues that come with a recession can permanently damage the operations of any businesses; however SMEs are at a higher risk, with some having to close their doors indefinitely. One of the things that I have noticed since the economic crisis, is that SMEs do not have any cash cover as a form of collateral when they don’t have...

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Marble rhino ready to roll to the Country Club where it will meet its new owner

The marble rhino parked in front of the Franco Namibian Cultural Centre near the centre of Windhoek has just spent his first weekend as a completed work of art. On Friday, its French-made, 3-metre, 3-segment horn was placed, making this unique artwork whole. Permanent Secretary in the Ministry of Environment and Tourism, Dr Malan Lindeque witnessed the unveiling of this once-in-a-lifetime creation. From its makeshift stand at the FNCC, the stone rhino will be moved to the Windhoek Country Club Resort where, on Thursday evening, 31 August, it will become the property of its new proud owner. The statue...

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The escalating costs of matric farewells

By Hilaria Graig Sanlam Namibia: Marketing and Communications Manager It is that time of the year again when grade 12 students are preparing for their matric farewell, excitement is in the air and most schools are preparing their students for the once in a lifetime celebration. While it is an exciting time for learners, matric farewells can be very stressful and expensive for the parents and guardians who want to reward their children for their 12 years of hard work and motivate them for that all important final examination. These kinds of events can be very costly but even...

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