insert_link Business / Economics 27 June-4 July 2024 Weekly Economics Wrap In this week's economic highlights, several key developments have shaped the financial landscape across Southern Africa and beyond. Namibia OK Foods reported the largest overall year-on-year decrease in basket cost among the seven stores surveyed by The Brief. The basket cost close to N$1100 in June last year, compared to N$984.11 this past June, marking a significant drop of 11.65%. In a move that could bolster regional fuel supply chains, […] todayJuly 4, 2024 15
insert_link Uncategorized INTERVIEW: Katutura Residents Committee Member Shaun Gariseb on Electricity Control Board’s Cancellation Of Tariff Increases In a recent statement, Shaun Gariseb, a member of the Katutura Residents Committee, expressed his satisfaction with the intervention by the minister Thomas Alweendo regarding electricity issues. Gariseb's comments highlight the significance of leadership and public participation in addressing the community's concerns. Ministerial Intervention and Public Support Gariseb began by expressing his happiness with the minister's intervention, which he had requested in an appeal review. "I'm very, very happy that […] todayJuly 4, 2024 4
insert_link Interview Transcripts INTERVIEW: Political Analyst Professor Ndumba Kamwanya Weighs in on Electricity Control Board (ECB) and Election Frequency In a recent interview, esteemed political analyst and professor, Ndumba Kamwanya, shared his views on the notion of holding elections annually. The discussion, brought to light the complexities and potential drawbacks of such frequent electoral processes. Election Costs and Complexity Professor Kamwanya firmly stated, "I don't agree that we should hold elections every year. Elections themselves are very costly and complex to conduct." He emphasized the financial and logistical burdens […] todayJuly 4, 2024 6
insert_link South Africa South African National Union of Mineworkers Disappointed with Steenhuisen’s Appointment as Agriculture Minister The South African National Union of Mineworkers has expressed disappointment over the appointment of DA leader John Steenhuisen as the new Minister of Agriculture, succeeding Thoko Didiza. NUM spokesperson Luphert Chilwane emphasized that Steenhuisen must address South Africa's persistent food insecurity at the homestead level and urged his department to commit more effort towards ensuring food security. todayJuly 4, 2024 5
insert_link Africa Niger’s Junta Agrees to Talks with Benin to Restore Relations Post-Coup Niger's junta has agreed to discussions with Benin's government, facilitated by former Benin presidents Thomas Boni Yayi and Nicephore Soglo, to restore relations following last year's coup. The coup had led to the closure of the border and the shutdown of a China-backed oil pipeline. This decision came after a meeting between Niger's military leader General Abdourahamane Tiani and the former presidents on June 24, as announced by Niger's government […] todayJuly 4, 2024 4
insert_link World Gang violence continues In Haiti despite new interim government With a new Prime Minister in place, the United Nations says Haiti is making headway to restore peace and hold credible elections. But these new developments are marred by ongoing gang violence in the capital and a lack of law and order. Jody Jacobs reports. todayJuly 4, 2024 3
insert_link Business / Economics 4 July Morning Biz News: Global Markets Surge Amid Economic Optimism and Strategic Oil Sector Moves 1. Botswana and Namibia Explore Fuel Storage Collaboration In a move aimed at enhancing regional fuel logistics, Botswana President Mokgweetsi Masisi has announced that the Botswana Oil Company is in talks with the Namibia National Petroleum Corporation (NNPC) to establish shared fuel storage facilities at Walvis Bay. This collaboration seeks to optimize fuel transportation and streamline oil sourcing from Angola, potentially bolstering efficiency across the supply chain. 2. South African […] todayJuly 4, 2024 14
insert_link World White House denies reports Biden will drop out The White House has refuted claims that President Joe Biden plans to withdraw from the presidential race, despite concerns within his party about his fitness for another term. Following a weak debate performance, there has been panic and calls for Biden to step aside for a stronger candidate to face Donald Trump in the upcoming election. Biden remains committed to his campaign, and Press Secretary Karine Jean-Pierre confirmed that reports […] todayJuly 4, 2024 5
insert_link Namibia Government Allocates N$365 Million to Subsidize Electricity, Cancels Tariff Increase Amid public pressure, the government has decided to allocate N$365 million to subsidize electricity consumers for the 2024/25 financial year, maintaining the current tariff of N$1.98 per kilowatt-hour instead of increasing it to N$2.14. The decision, announced after consultations led by Minister of Mines and Energy Thomas Alweendo with the Electricity Control Board. Shaun Gariseb of Katutura's Residents Committee spoke with us. Political Analyst and Professor Ndumba Kamwanya also […] todayJuly 4, 2024 10
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
