insert_link Business / Economics 20-27 June 2024 Weekly Economics Wrap: Global and African Markets in Focus This week in economic news, several key developments have shaped financial landscapes across Africa and globally. Namibian Market Highlights: Savanna Beef Secures N$150 Million for Export Abattoir: Savanna Beef has successfully secured a N$150 million loan to construct an advanced export abattoir. This initiative, spearheaded by the Beef Value Chain Forum and facilitated by Cirrus Capital, aims to enhance Namibia's beef export capabilities, as reported in The Brief. Trustco […] todayJune 27, 2024 16
insert_link Namibia Windhoek Gears Up for Third Annual Multiple Sclerosis Run at SKW Sports Ground The eagerly anticipated annual Multiple Sclerosis Run returns for its third consecutive year, promising a morning of camaraderie and community spirit at the SKW Sports Ground in Olympia, Windhoek. Scheduled for Saturday, June 29 at 7 a.m., this event invites participants of all ages and abilities to join in and make a difference. Here's the MS's Bianca Ozcan. todayJune 27, 2024 24
insert_link World US Supreme Court Accidentally Posts Abortion Opinion According Bloomberg Another "oops" moment for the US's top court. The Supreme Court appears to have accidentally published its ruling on an abortion case out of Idaho. According to Bloomberg Law, the opinion was up briefly before being taken down. Toni Waterman has more. todayJune 27, 2024 11
insert_link Namibia Russian Official Commends Namibia’s Independent Foreign Policy Yelena Perminova, Chairperson of Russia’s Federal Council Committee on Social Policy, praised Namibia for maintaining an independent foreign policy, resisting Western pressure to join anti-Russia campaigns. During her visit, Perminova highlighted stable bilateral relations and expressed readiness to enhance cooperation across various sectors, emphasizing the importance of inter-parliamentary exchanges and Namibian observers' contributions to Russia's presidential elections. todayJune 27, 2024 10
insert_link South Africa S.A’s Saftu Advocates for Free Basic Electricity Amidst Eskom’s Proposed Tariff Increase South Africa's Union federation Saftu is advocating for free basic electricity amidst Eskom's proposed 36.15-percent electricity tariff increase for next year. The federation opposes the hike, outlined in a confidential draft to the National Energy Regulator of South Africa, which also includes subsequent increases in 2026, 2027, and 2028. Saftu’s, Mogoshadi Maserumule says these hikes, compounded with recent increases, pose a severe financial burden on consumers, especially millions of working-class […] todayJune 27, 2024 13
insert_link Sport Sri Lanka coach Silverwood quits following World Cup failure Sri Lanka head coach Chris Silverwood resigned on Thursday following the country's failure to reach the last eight at the T20 World Cup. The 49-year-old former England coach quit for "personal reasons", Sri Lanka Cricket said in a statement, thanking him for his "valuable contributions during his tenure." Sri Lanka won only one match at the tournament, against the Netherlands, and finished third behind South Africa and Bangladesh […] todayJune 27, 2024 7
insert_link APO International United States Strategy toward Sub-Saharan Africa vs Chinese Influence in the Democratic Republic of Congo (By Jean-Pierre ALUMBA LUKAMBA) [[{"value":"By Jean-Pierre ALUMBA LUKAMBA. Jean-Pierre Alumba Lukamba is the International Executive Director for AFRICAN DIASPORA FOR DEVELOPMENT (http://www.African-Diaspora.org). U.S. policymakers on both sides of the aisle have grown more anxious about Russia and China influence on the African continent as China/Russia-Africa relations have deepened in a variety of areas, including trade and commercial ties, military-security relations, and technology. However, American policymakers across the political spectrum have not prioritized African countries when it […] todayJune 27, 2024 15
insert_link APO International Banque Populaire de Mauritanie further strengthens partnership with Azentio Software through adoption of iMAL Business Intelligence [[{"value":"Azentio Software (“Azentio”) (www.Azentio.com), a leading end-to-end software company specializing in the BFSI sector, has announced that Banque Populaire de Mauritanie (“BPM”), one of the largest financial institutions in Mauritania, is now live with iMAL Business Intelligence (BI) (http://apo-opa.co/4cvpDBG) – a strategic BI platform that empowers banks to take more effective decisions, faster. The solution’s advanced analytics will help BPM to simplify its data management processes and extract valuable and relevant insights […] todayJune 27, 2024 23
insert_link Africa Rapid Support Forces Advances on Sennar Amid Ongoing Conflict Paramilitaries from Sudan's Rapid Support Forces have advanced on the southeastern trading hub of Sennar, aiming to expand their territorial gains more than 14 months into a war with the army, residents and officials reported on Wednesday. Reuters reports that families fled the city on the banks of the Blue Nile after hearing the sound of fighting on Tuesday evening. todayJune 27, 2024 6
