insert_link Africa Fuel tanker explosion in northern Nigeria has killed at least 94 people A fuel tanker explosion in northern Nigeria has killed at least 94 people and left 50 injured. A police spokesperson told Al Jazeera many of the victims had been trying to collect fuel spilt on the road after the tanker crashed in northern Jigawa state. Hundreds of people have been killed in tanker accidents in various parts of Nigeria. In some of the cases, the majority of the victims are […] todayOctober 17, 2024 5
insert_link Environment Environment, Forestry, and Tourism Ministry Discusses COP29 Strategy The Environment, Forestry, and Tourism ministry held a key meeting to finalize Namibia’s strategy for the upcoming COP29 climate conference in Baku, Azerbaijan, scheduled for November. Stakeholders from government, private sector, and civil society discussed national priorities like climate change mitigation and adaptation. A sponsorship of N$1,775,000 was also presented to support the Ministry’s efforts. Bernadette Shalumbu, The Environmental Investment Fund Manager Programmes and Programming. todayOctober 17, 2024 31
insert_link Business / Economics September Vehicle Sales Drop As Rental Purchases Plummet Vehicle sales in September reached 988 units, continuing a two-month decline. Out of these, 978 were sold to dealerships, 10 to rental agencies, and none to the government. Rental agency purchases saw a sharp drop, falling from 141 units in July to just 10 in September. The overall market was mainly sustained by sales in the commercial vehicle segment. Simonis Storm Economist: Almandro Jansen: todayOctober 17, 2024 16
insert_link Business / Economics 17 October 2024 Biz News Economic and Market Highlights: Bank of Namibia Cuts Rates, Oil Sector Concerns, and Global Chip Market Outlook Bank of Namibia Cuts Interest Rate for Second Consecutive Time The Bank of Namibia has reduced its main interest rate for the second month in a row, citing a faster-than-expected drop in inflation and the need to bolster economic growth. In a unanimous decision, the central bank's Monetary Policy Committee lowered the repo rate by 25 basis points to 7.25%. This follows a similar cut in August as part of […] todayOctober 17, 2024 12
insert_link World U.S Presidential election gets underway in the U.S. state of Georgia with record early voting A record number of people turned up on the first day of early voting for the U.S. Presidential election in the state of Georgia; 300 thousand voters had cast their ballot by the end of Tuesday - nearly double the number from the last election in 2020. It's a critical swing state that went to the Democrats and President Joseph Biden last time, despite complaints of miscounting by former President […] todayOctober 17, 2024 13
insert_link South Africa AfriForum Youth Demands Apology from University of Pretoria After Malema’s Lecture Amid Alleged Racist Chants South Africa's AfriForum Youth is demanding an apology from the University of Pretoria after EFF leader Julius Malema's lecture, where EFF Student Command members allegedly chanted violent and racist slogans. They criticised the university for allowing the event, saying it goes against its policy of inclusivity and non-discrimination. AfriForum Youth’s Maree van den Berg also called for the deregistration of the EFF Student Command, citing repeated campus safety violations: todayOctober 17, 2024 5
insert_link Business / Economics French companies are significantly boosting their investments in South Africa French companies are significantly boosting their investments in South Africa. Speaking at the French Business Forum in Johannesburg, French ambassador David Martinon noted that South Africa’s financial regulatory framework and political stability make it an attractive destination for international investors. He says the forum provides a platform for French companies to engage with local businesses, further strengthening economic ties between the two nations: todayOctober 17, 2024 12
insert_link Namibia Cuba Embassy to Host Press Conference on U.S. Blockade and Upcoming UN Resolution The Embassy of Cuba has requested support from the Ministry of International Relations and Cooperation, along with the Ministry of Information and Communication Technology, to organize a press conference with HE Sergio Vigoa de la Uz, Cuba's ambassador to Namibia. The conference will discuss the impacts of the over 60-year U.S. blockade against Cuba and the upcoming UN General Assembly resolution calling for its termination, which many regard as genocidal todayOctober 17, 2024 9
insert_link Namibia Seal Hunt: RDP’s plan vs Ecologist’s concerns At their manifesto launch in Ongwediva, the Rally for Democracy and Progress suggested reducing the seal population by half if elected. RDP presidential candidate Mike Kavekotora claimed this would double fisheries revenue and create 40,000 jobs. Ecologist Peter Cuningham reacts to the proposal. According to the Ministry of Fisheries and Marine Resources, the seal population stands at 1.6 million and is made up of 26 colonies. Moreover, the […] todayOctober 16, 2024 24