insert_link South Africa City of Cape Town says Transnet must expedite private sector involvement in the port operations The City of Cape Town says Transnet must expedite private sector involvement in the port operations, and the development and maintenance of a liquid bulk terminal at the Port of Cape Town. Mayoral committee member for Economic Growth, James Vos, says the port’s performance impacts a diverse range of critical products, from agricultural goods to high-value exports like wine and seafood: todayJuly 29, 2024 7
insert_link APO International Mining Industry Association of Southern Africa (MIASA) Joins Critical Minerals Africa (CMA) as Strategic Partner as Southern African Development Community (SADC)’s Critical Mineral Sector Expands Public and private sector entities across Southern Africa's mining sector are intensifying cooperation to enhance the critical mineral value chain for economic growth. In July 2024, Mozambique, Zimbabwe, and Botswana signed an agreement (http://apo-opa.co/3LIS6Z6) to upgrade an existing railway line linking the three countries and to build a new line and a deep-water port in Mozambique. The transnational railway line will be crucial in transporting critical minerals (http://apo-opa.co/4dbJy8W) - including […] todayJuly 29, 2024 14
insert_link APO International GEPetrol Strengthens Oil & Gas (O&G) Asset Portfolio, Joins African Energy Week (AEW) 2024 as Bronze Sponsor Poised to spearhead a new era of industry growth for Equatorial Guinea, the country’s national oil company (NOC) GEPetrol recently outlined a multi-phase development plan for the Zafiro field, located in the offshore Block B. As a result of the new plan, the company will work towards increasing the flow of production at the field, leveraging its newfound position as operator of the block to bolster production and support economic […] todayJuly 29, 2024 10
insert_link Sport Dujardin’s shame leaves mentor Hester to rally British Olympic dressage team Charlotte Dujardin's withdrawal for whipping a horse repeatedly has heaped the pressure on her mentor Carl Hester who must rally his teammates if Britain are to regain the Olympic team dressage title from 2012. At 57, Hester will be the oldest British rider and competing in his seventh Games -- he was once the youngest ever when he rode in the 1992 Barcelona Olympics. Hester, who gave Dujardin […] todayJuly 29, 2024 7
insert_link South Africa S.A union Cosatu says a renewed AGOA needs to include provisions to support compliance with fair labour practices S.A union, Cosatu says a renewed AGOA needs to include provisions to support compliance with fair labour practices and penalise employers who flout labour laws. Cosatu’s Matthew Parks says AGOA has increased investments by US companies, supporting 450-thousand direct, value chain, and indirect South African jobs. He adds the country’s mining, manufacturing, and agricultural sectors benefit from the large volumes of exports to the US: todayJuly 29, 2024 10
insert_link Business / Economics Local Economics Researcher Josef Sheehama predicts the U.S Federal Reserve will cut interest rates by 0.25 basis points Local Business and Economics Researcher , Josef Sheehama predicts the U.S Federal Reserve will cut interest rates by 0.25 basis points in September, citing cooling inflation and a softening job market. Despite objections from presidential candidate Donald Trump, Sheehama remains confident that the rate cut will proceed, driven by positive economic indicators and the Fed's commitment to achieving a 2% inflation target. todayJuly 29, 2024 22
insert_link World US Secretary of State Antony Blinken Points to Hezbollah in Golan Heights Rocket Attack US Secretary of State, Antony Blinken, says there is every indication that a rocket that hit a soccer pitch in Golan Heights was fired by Lebanese militant group Hezbollah. The attack killed 12 people including children. Hezbollah has denied it was behind the strike, the deadliest to hit Israel or Israeli-controlled territory since the 7 October attacks by Hamas. Blinken says America’s support for Israel’s security is unwavering against all […] todayJuly 29, 2024 15
insert_link Business / Economics INTERVIEW: Business and Economics Researcher Josef Sheehama on Interest Rate Cuts In the midst of heated debates and mixed emotions surrounding the potential for a Federal Reserve interest rate cut, Business and Economics Researcher Josef Sheehama provides insightful analysis on the matter. Sheehama notes that current economic indicators suggest a favorable environment for a rate cut. "If we look at the current inflation trends, we see that inflation is starting to cool off, with some prices beginning to decline. […] todayJuly 29, 2024 18
insert_link Namibia Top Honors at ||Kharas Region Science Fair for Oranjemund Private and Suiderlig Secondary Schools At the ||Kharas Region Science Fair in Keetmanshoop, Oranjemund Private School and Suiderlig Secondary School were awarded for being the top primary and secondary schools. Suiderlig’s Vilho Ashipala won the overall fair with his electronic health passport project, while Joseph Markowitz from Oranjemund Private School won in the junior primary category. Albertina Shaanika and Joy Linane shared the senior primary award, and Aiyana Abed was the top junior secondary winner. […] todayJuly 29, 2024 25
