insert_link Business / Economics South Africa’s Reserve Bank keeps repo rate unchanged The South African Reserve Bank's Monetary Policy Committee has decided to keep the repo rate unchanged at 8.25 percent. This keeps the prime lending rate in SA at 11.75 percent. SARB Governor Lesetja Kganyago. todayMarch 27, 2024 40
insert_link 2 Namibia PDM MP calls for the regulation of private schools PDM Member of Parliament, Hidipo Hamata, has called for government oversight of private schools and vocational training centers to address concerns of financial strain on parents and ensure fairness and equality for all students and teachers. Hamata, speaking in Parliament, said there is a need for immediate intervention and the establishment of comprehensive regulations. The Chairperson of the Private Schools Association of Namibia, Colette Rieckert. todayMarch 27, 2024 162 2
insert_link Business / Economics Ohlthaver & List Group begins N$350m solar project in Germany The Ohlthaver and List Group has started construction of a Philippsee floating photovoltaic power plant in Bad Schönborn, Germany. With an investment value of approximately N$350 million, the solar park will consist of over 27,000 PV panels and cover more than eight hectares of water surface area. Here is the Executive Chairperson of the Ohlthaver & List Group, Sven Thieme. todayMarch 27, 2024 103
insert_link Science & Technology Denmark to host AI supercomputer for drug research The owner of Novo Nordisk, the drugmaker that gave the world Ozempic and Wegovy, is funding a new supercomputer powered by Nvidia’s artificial intelligence technology with a key aim of discovering new medicines and treatments. CNN reports that the supercomputer, named Gefion, is expected to be ready for pilot projects before the end of the year and will be housed in Denmark’s National Center for AI Innovation. todayMarch 27, 2024 22
insert_link World Indian crew safe after Baltimore ship crash As rescue efforts end in Baltimore, officials say all 22 Indian crew members on the vessel that crashed into the Key Bridge are safe. Neha Poonia has more. The BBC meanwhile reports that the data recorder has been recovered from the vessel. Six people are presumed dead and another was seriously injured after the collision involving the Singapore-flagged Dali, which struck the Francis Scott Key Bridge as it left port […] todayMarch 27, 2024 40
insert_link Namibia Japanese Ambassador encourages Namibian youth in farming Japan’s Ambassador to Namibia, Hisao Nishimaki, says that young people in Namibia are eager to engage in farming and generate income by selling their produce from various farms. He mentioned specific projects in the two Kavango regions during a courtesy visit to President Nangolo Mbumba at State House today. todayMarch 27, 2024 51
insert_link Africa Kenya Airways’ operating profit skyrockets One of Africa’s largest airlines, Kenya Airways, made an operating profit in 2023 – the first time since 2017. The AFP news agency quotes CEO Michael Joseph as saying, the $80mexcess is a "significant milestone". Part of the reason for the success was a more than 50% jump in revenue thanks to an increase in passenger numbers. The BBC further reports that Kenya Airways, which is partly owned by the […] todayMarch 27, 2024 7
insert_link APO International United States Agency for International Development (USAID) Launches the Africa Trade Desk through Prosper Africa [[{"value":"Today, Deputy Administrator Isobel Coleman announced the launch of the Africa Trade Desk, a signature trade platform from Prosper Africa that links large U.S. food retailers to African producers. The announcement was made during the Atlanta Phambili: A Trade&Investment Gateway to Africa&South Africa event, an event highlighting the economic relationship between the United States and Africa, with a spotlight on South Africa. The Africa Trade Desk, a public-private partnership between Prosper Africa […] todayMarch 27, 2024 6
insert_link Africa Violence displaces 5.7 million in the DRC Clashes in the Democratic Republic of the Congo have now uprooted 5.7 million people across north Kivu, South Kivu, and Ituri province. In an alert, the UN Refugee Agency UNHCR said that the violence has reached a devastating new level. UNHCR and partners have provided emergency shelters as part of the humanitarian response, said UNHCR spokesperson Matthew Saltmarsh. The United Nations Refugee Agency has meanwhile sounded the alarm on the […] todayMarch 27, 2024 32