Zimbabwe’s Mthuli Ncube wins Best Finance Minister award

Zimbabwe’s Mthuli Ncube wins Best Finance Minister award

Zimbabwe’s Finance minister Mthuli Ncube has been awarded the title of Best African Finance Minister of the Year by Reputation Poll International. The BBC reports that Ncube expressed gratitude for the award, saying it acknowledges the efforts of his ministry and the Treasury team in spearheading the transformation of the economy. Despite ongoing economic challenges, including an estimated 85% unemployment rate, the award was met with criticism from Zimbabwean activist […]

December 12, 2023 59

Africa

6th Youth Connekt Africa Summit sets attendance record

The 6th Youth Connekt Africa Summit concluded in Kenya, marking a significant gathering focused on youth leadership and innovation for Africa's integration. With a record-breaking attendance of over 16,000 participants, it became the most-attended summit in its history. The Deputy Minister of Sport, Youth, and National Service, Emma Kantema-Gaomas attended the Summit.

December 12, 2023 16

Business / Economics

Industrialisation and Trade Ministry to conduct public consultations on key economic initiatives

The Ministry of Industrialisation and Trade is set to conduct public consultations on various initiatives, including the Special Economic Zone Bill, National Informal Economy, Startups and Entrepreneurship Development Policy, Namibia Investment Promotion and Facilitation Regulations, and the National Cooling Strategy. Here is Elijah Mukubonda, the Ministry's spokesperson with more details.

December 12, 2023 27

Africa

Africa crowns footballer of the year

Nigeria striker Victor Osimhen has been named African Footballer of the Year. He beat Egypt's Mohamed Salah to the award at a ceremony in Marrakech, Morocco. Ajeck Mangut reports from Abuja.

December 12, 2023 11

Business / Economics

Namibia’s inflation to ease in 2024

Namibia's inflation is expected to moderate in 2024, continuing a trend of slowing inflation rates. Simonis Storm Securities projections suggest a potential easing to 5.1%, indicating a positive step towards economic equilibrium. The stockbroker and wealth management company notes a steady decrease in inflation rates, fostering a stable environment for businesses and consumers.

December 12, 2023 10

World

UK Prime Minister faces crucial vote on Rwanda migration legislation

UK Prime Minister Rishi Sunak is facing a key vote later on legislation for the Rwanda migration scheme. The proposed bill is the latest attempt to revive a deportation policy designed to act as a deterrent to bring down illegal migration. Mark Garnier sits with the One Nation Conservatives - a centrist caucus that is backing the bill.

December 12, 2023 38

APO International

We will not Sell-Out by Phasing Out: African Negotiations Urged to Fight for Africa

Despite the fact that over 600 million people are still without access to electricity and over 900 million people lack access to clean cooking solution in Africa, the continent’s COP 28 negotiators are caving into pressure from the west, stating that Africa is open to a phase-out approach regarding fossil fuels. The African Energy Chamber (AEC) (http://www.EnergyChamber.org), as the voice of the African energy sector, clarifies that this is not […]

December 12, 2023

World

Google reveals the top trending searches of 2023

Google's '2023 Year in Search' has revealed that "War in Israel and Gaza" emerged as the top news trend of the year. Following closely were the Titan submersible incident during a Titanic wreckage exploration and the tragic Turkey-Syria earthquake in February that killed over 50 thousand people. CNN reports that the annual roundup by Google is a snapshot of events and topics that captured widespread attention throughout the year.

December 12, 2023 8

Environment

Disagreements over fossil fuels threaten COP28 success

The UN climate summit in Dubai faces potential failure as delegates disagree on the role of fossil fuels. Oil-rich nations are advocating for increased use of carbon capture technology to mitigate emissions, while scientists and developed countries argue that reducing fossil fuel usage is crucial to combating global warming. Bruce Douglas, CEO of the Global Renewables Alliance, addresses the issue at COP28.

December 12, 2023 11