October hotel occupancy rises to 65.5%

October hotel occupancy rises to 65.5%

Namibia has recorded a national hotel occupancy rate of 65.5% in October, an uptick from the 54.6% rate recorded in October 2022. In its latest report, Simonis Storm Securities revealed that in October 2023, the coastal region emerged with the highest occupancy rate, reaching an impressive 71.9%.

November 22, 2023 10

Environment

Online search queries related to “climate anxiety” have increased

Online search queries related to "climate anxiety" have risen, according to data gathered by Google. Studies also suggest that women are more affected by climate anxiety than men. The rise of wildfires, floods, and droughts around the world are just some of the highly visible signs of climate change. According to the BBC, what is reported less is the impact of climate change on human minds. Climate anxiety - defined […]

November 22, 2023 8

World

G20 leaders summit to focus on emerging challenges

G20 group leaders will hold a virtual session to discuss issues specific to the developing world and new emerging challenges. It's expected that the Israel-Hamas war and the crisis in Ukraine will be on the agenda. The meeting will be hosted by India's Prime Minister Narendra Modi.

November 22, 2023 26

Business / Economics

Turipamwe to publish first-ever design thinking White Paper

Local design agency, Turipamwe, is publishing the first-ever design thinking White Paper. The paper explores current applications and future prospects and highlights benefits like enhanced creativity, improved customer satisfaction, and increased return on investment for businesses. Here is the Founder and CEO of Turipamwe Tanya Stroh.

November 22, 2023 39

World

Israel, Hamas agree to truce and hostage deal

Israel's government and Hamas agreed on Wednesday to a four-day pause in fighting to allow the release of 50 hostages held in Gaza, in exchange for 150 Palestinians imprisoned in Israel, and the entry of humanitarian aid into the besieged enclave. Diane To for Reuters.

November 22, 2023 14

Africa

Uganda investigates unidentified illness

Ugandan health authorities are investigating an unidentified disease outbreak that has killed at least 12 people in a span of two weeks in Kyotera district in the central region. The BBC reports that affected patients had rashes on the skin which kept widening, before dying in a matter of days while some had swollen limbs. The country’s Ministry of Health has collected fresh samples but the findings are yet to […]

November 22, 2023 8

Business / Economics

South Africa’s two-pot retirement system faces early implementation amid industry concerns

South Africa’s Parliamentary Standing Committee on Finance has recommended that the so-called two-pot retirement system should be implemented on 1 March 2024, instead of March 2025. According to MoneyWeb, SA’s retirement industry has been caught off guard by the decision with financial service providers expressing concern about system readiness, and arguing that both the South African Revenue Service and the retirement industry need until 2025 to adapt to proposed changes […]

November 22, 2023 7

Namibia

Shut It All Down Namibia to contest 2024 elections

The Shut It All Down Namibia movement has announced its intention to participate in the 2024 Presidential elections. Their focus is on parliamentary approaches to address policy and legal reforms affecting the Constitution, with attention to women and minority rights. We asked the Electoral Commission of Namibia's spokesperson, De Wet Siluka if the Movement is registered as a political party.

November 22, 2023 31

APO International

Senegal: African Development Bank agrees loan of nearly €87 million for Agropole Nord

Meeting in Abidjan on Wednesday 22 November 2023, the Board of Directors of the African Development Bank Group (www.AfDB.org) approved a €86.89 million loan to Senegal to develop an agribusiness processing zone in the north of the country. The Bank's contribution accounts for 30.7% of the estimated €283.05 million total project cost. The Islamic Development Bank (21.2%), the West African Development Bank (15.9%), Sponsor Dette (19.3%) and Sponsor Equity (7.7%) are […]

November 22, 2023