insert_link Business / Economics 11-18 July 2024 Weekly Economics Wrap: Cross-Border Green Hydrogen Pipeline Feasibility Study Advances Amid Economic Shifts Across Southern Africa and Global Markets Namibia-South Africa Green Hydrogen Pipeline Feasibility Study The Mines and Energy Ministry of Namibia has announced plans to conduct a N$5 million feasibility study for a cross-border green hydrogen pipeline linking Namibia and South Africa. This initiative, overseen by Namibia's Green Hydrogen Programme, follows the signing of a Memorandum of Understanding between the two nations at the May 2024 World Hydrogen Summit. South African Economic Highlights Rand Strengthens on U.S. […] todayJuly 18, 2024 13
insert_link Sport Central Paris locks down for Olympics as athletes arrive French security forces began locking down large parts of central Paris on Thursday ahead of the hugely complex Olympics opening ceremony next week on the river Seine. The opening parade along six kilometres (four miles) of the river led to the closure of riverside central districts to most vehicles from 5:00 am (0300 GMT) on Thursday. Anyone wanting to enter the highest-security "grey zone" along both banks of […] todayJuly 18, 2024 5
insert_link Sport Barrett starts as All Blacks ring changes for Fiji Test in US New Zealand on Thursday made 11 changes to the team to face Fiji in San Diego, with Beauden Barrett starting at fullback, a debut for centre Billy Proctor and five uncapped players on the bench. Proctor, who plays for Wellington Hurricanes, lines up with the experienced Anton Lienert-Brown in midfield for the game on Friday night in California. Playmaker Barrett is restored after hugely influential performances coming off the […] todayJuly 18, 2024 6
insert_link South Africa Former president Jacob Zuma’s ANC disciplinary hearing has been postponed to next week In S.A, Former president Jacob Zuma’s ANC disciplinary hearing has been postponed to next week Tuesday. He did not attend the virtual disciplinary hearing with controversial ANC member Tony Yengeni representing him. Zuma is facing disciplinary action after he was charged with misconduct for publicly stating he intended to vote for the MK Party in the general election. The MK Party says the former president wants the hearing only to […] todayJuly 18, 2024 9
insert_link Africa Zimbabwe Commits to Backing New Currency with Reserves Zimbabwe's central bank governor reassured Reuters on Wednesday that the government remains committed to backing its new currency, called Zimbabwe Gold or ZiG, with reserves. This commitment, he stated, aims to build trust among the population. ZiG marks Zimbabwe's sixth attempt at a local currency in 15 years, launched in April following periods of hyperinflation under former leader Robert Mugabe. todayJuly 18, 2024 13
insert_link World Jack Smith appeals dismissal of Trump’s classified documents case Special Council Jack Smith is trying to keep Donald Trump's classified documents case alive. He filed an appeal on Wednesday after a Trump appointed judge threw the case out earlier in the week. Toni Waterman has more. todayJuly 18, 2024 6
insert_link Namibia UNAM Professor Criticizes Overpayment of Senior Government Officials Professor Basilius Kasera from the University of Namibia highlights the issue of overpayment for senior government officials, stressing its burden on the national budget. He points out the high cost of benefits for ministers and retired presidents, calling for austerity measures to control spending and cut unnecessary expenses. Kasera argues that the lavish lifestyle of top officials contrasts sharply with the average Namibian's life and advocates for reduced salaries and […] todayJuly 18, 2024 20
insert_link Business / Economics 18 July 2024 Morning Biz News Biz News Roundup: Key Financial Developments Building Approvals Surge in Windhoek The City of Windhoek has approved 928 building plans in the first half of 2024, valued at N$921.9 million, as reported by The Brief. This represents a 1.4% increase in the number of plans and a substantial 30.0% increase in their value compared to the same period in 2023. However, IJG Securities highlighted a 16.3% decrease in the number of approvals and a marginal 0.1% […] todayJuly 18, 2024 16
insert_link South Africa ActionSA Urges S.A President Ramaphosa to Outline Economic Growth Plans in Parliament Address To South Africa.. where ActionSA has called on S.A's president, Cyril Ramaphosa to use his Opening of Parliament Address to announce concrete steps for the grand coalition to grow the economy and create jobs. Spokesperson Samkelo Mgobozi has stressed the urgency for political accountability, policy certainty, and attracting investment. He calls for reforms in labour laws, investment hurdles, and competition in key industries to create 4.8-million jobs within five years: […] todayJuly 18, 2024 10
