insert_link 3 Business / Economics Agronomic Board Chair Calls for Review of SACU Agreement to Enhance Trade Balance Hubertus Hamm, Chairperson of the Agronomic Board, has emphasized the need to review the Southern African Customs Union agreement to tackle ongoing trade challenges reports The Brief. He stated that Namibia, as a SACU member, seeks balanced trade and equitable development among member states. Hamm highlighted the importance of reforms to prevent any single member state from disproportionately benefiting, which could destabilize the region’s economic equilibrium. todaySeptember 25, 2024 12 3
insert_link APO International Economic Community of West African States (ECOWAS) Reinforces Regional Investment Promotion with Successful Conclusion of Banjul Meeting The Economic Community of West African States (ECOWAS) has successfully concluded the Technical Committee Meeting and CEOs of Investment Promotion Agencies in West Africa (IPAWAS), held in Banjul, The Gambia, from September 16 to 21, 2024. This meeting marked a significant advancement towards enhancing investment promotion and economic cooperation among member states, highlighted by the validation of the IPAWAS statute as a major milestone. The meeting was officially opened by […] todaySeptember 24, 2024 6
insert_link APO International Kenya: High Court to decide jurisdiction status in landmark Meta case The Kenyan High Court is today hearing a case in which two Ethiopian citizens, Abrham Meareg and Fisseha Tekle, and Kenyan civil society organization The Katiba Institute are accusing Facebook’s parent company Meta of promoting content that led to ethnic violence and killings during the armed conflict in northern Ethiopia from November 2020 to November 2022. The petitioners argue that the Facebook platform’s algorithmic recommendation systems prioritized and promoted inciteful, hateful and dangerous […] todaySeptember 24, 2024 7
insert_link Business / Economics SA’s Ramaphosa sets 2 trillion rand investment target by 2028 South African President, Cyril Ramaphosa has set a new investment target of two-trillion-rand by 2028, following the early achievement of the country’s previous 1.2-trillion-rand goal. Speaking at the SA-US business forum, Ramaphosa invited US investors to explore opportunities in sectors like renewable energy, manufacturing, and infrastructure. todaySeptember 24, 2024 40
insert_link Business / Economics Public interest grows following recent offshore oil discoveries The Namibia Petroleum Operators Association hosted a press seminar to help the public better understand the country’s oil and gas industry. Recent offshore discoveries have increased public interest, making it important to provide clear and accurate information. NAMPOA Chairperson and BW Kudu Country Chairperson, Dr. Klaus Endresen, spoke about the economic challenges that the sector is facing. todaySeptember 24, 2024 43
insert_link Namibia BCX Namibia Transform Summit set for tomorrow The 3rd annual BCX Namibia Transform Summit, themed "Guardians of the Cloud: Securing the Future," takes place tomorrow. It will bring together industry leaders and decision-makers to address challenges and discuss solutions to future-proof organizations in the ICT sector. Here is Garith Peck, the Managing Executive of Cyber Security, at BCX. todaySeptember 24, 2024 38
insert_link Business / Economics Namibia’s GDP hits N$59.5 billion in Q2 The Namibian economy grew by 3.5% year-on-year in Q2 2024, down from 4.3% in Q1 and slightly below the 3.6% growth in Q2 2023. This marks 13 consecutive quarters of growth since a contraction in Q1 2021. Nominal GDP reached N$59.5 billion, with real GDP at N$39.1 billion for the quarter. Simonis Storm Economist, Halleluya Ndimulunde has more. todaySeptember 24, 2024 34
insert_link Africa Western Cape leader advocates for climate action collaboration with Africa Western Cape premier Alan Winde says Africa should not be left behind in global climate talks, as it is the breadbasket of the world. Currently in the United States as Africa's co-chair for New York Climate Week, Winde says the continent bears the brunt of greenhouse gas emissions and climate change impacts, despite contributing less to the problem. The eight-day event concludes on Sunday. todaySeptember 24, 2024 20
insert_link APO International Ambassador Han Jing Meets with Dr. Vernon J. Mwaanga, Former Foreign Minister of Zambia On September 23, Ambassador Han Jing met with Dr. Vernon J. Mwaanga, former Foreign Minister of Zambia. Ambassador Han thanked Dr. Mwaanga for his contribution to China-Zambia friendship and said that he is a witness of China-Zambia friendship and a true friend of the Chinese people, and China will never forget that it was Zambian and African brothers and sisters who helped China restore its lawful rights in the United Nations. China will work with Zambia to build on […] todaySeptember 24, 2024 11