insert_link APO International Unleashing Africa’s Next Big Play: Namibia’s Emerging Oil and Gas Sector (By Rachel Mushabati) By Rachel Mushabati, Senior Associate Attorney, CLG Namibia (www.CLGGlobal.com). Namibia, a nation renowned for its breath-taking scenery and abundant wildlife, is becoming more and more well-known for its booming oil and gas industry. Namibia is quickly rising to the top of Africa's oil and gas exploration and investment destinations because to notable discoveries and a favourable investment climate. Here are some reasons for investors to be interested in Namibia's developing economy […] todaySeptember 18, 2024 8
insert_link APO International The United Nations Support Office in Somalia (UNSOS) briefs Somalia security partners on Somali Security Forces (SSF) Trust Fund The United Nations Support Office in Somalia (UNSOS) on Thursday convened a joint meeting for Somalia’s security partners to update them on the significant progress made in the administration of the Somali Security Forces (SSF) Trust Fund. During the meeting in Mogadishu, UNSOS briefed the partners on the status of the Fund and outlined the mission’s support to the Somali Security Forces through the UNSOS-administered SSF Trust Fund. Somalia’s National […] todaySeptember 18, 2024 2
insert_link Business / Economics SA’s inflation sinks below reserve bank target South Africa’s consumer inflation has dipped below the SA Reserve Bank's key target of 4.5%, cooling to 4.4% in August from 4.6% in July. News24 reports that this should seal the deal for an interest rate cut on Thursday. Economists expect a 25 basis-point cut following a meeting of the MPC on Thursday. Another cut of the same size is expected in November. todaySeptember 18, 2024 4
insert_link Business / Economics Namibia exports N$139 million in horticultural products The Namibia Statistics Agency has released the Agriculture and Fishing Statistical Bulletin during the second quarter of 2024. Namibia exported horticultural products valued at N$ 139.1 million. This, according to NSA spokesperson Mirjam Shihepo, is lower when compared to N$ 167.8 million that was exported in the same quarter of 2023. todaySeptember 18, 2024 9
insert_link Business / Economics Bank of Namibia warns public about Global Green Network The Bank of Namibia has warned the public about Global Green Network after finding that it broke the Banking Institutions Act, of 1998. The investigation showed that the company was involved in illegal financial activities. As a result, the Bank advises people to stop dealing with Global Green Network immediately. BoN’s Strategic Communications Practitioner, Josefina Oskar. todaySeptember 18, 2024 19
insert_link Science & Technology Instagram introduces new rules for teens Social media platform, Instagram, will automatically make teenagers' accounts private and give parents more control, under revamped rules. It's the company's most significant move yet to manage how minors use Instagram as the U.S. Congress seeks to impose regulations on the industry. Kate Fisher reports. todaySeptember 18, 2024 5
insert_link Business / Economics August 2024 sees 15% reduction in vehicle sales Vehicle sales dropped to 995 units in August, down from 1,172 in July 2024 and 1,101 in August 2023, reflecting declines of 15.1% month-on-month and 9.6% year-on-year. The decrease affected both passenger and commercial vehicles. Here's Simonis Storm Economist, Halleluya Ndimulunde. todaySeptember 18, 2024 18
insert_link Namibia NamPol investigates child deaths in Katima Mulilo Namibian police are investigating the deaths of four children, aged three to six, who were found inside an old, unused freezer in Katima Mulilo, Zambezi Region. The children are believed to have been accidentally trapped while playing, leading to their suffocation. Authorities are continuing their investigation into the incident. todaySeptember 18, 2024 4
insert_link APO International Technical Expert Meeting on the Digital Market Study: Review of the Draft Country Reports The ECOWAS Regional Competition Authority (ERCA) convened a technical review meeting on the digital market study in all ECOWAS Member States for a better understanding of the dynamics of this rapidly growing sector from 09 – 13th September 2024 in Freetown, Republic of Sierra Leone. In line with its mandate to keep under review commercial activities in the ECOWAS Market with a view to regulating practices which may distort the […] todaySeptember 18, 2024 5
