insert_link Business / Economics N-Soft Spearheads Digital Sovereignty and Economic Intelligence with New Burundi Partnership N-Soft is set to revolutionize revenue mobilization in Burundi, a nation of just over 13 million people with a 4.0% growth rate, through the imminent deployment of the Gambling Management System (GMS), its disruptive governance solution for the gambling sector. Because of the lack of transparency in the industry, millions of dollars in revenue go unreported and untaxed every year. However, up until now, the national authorities have […] todayFebruary 21, 2024 13
insert_link Local Capricorn Group co-hosts national pre-budget public discussion The Capricorn Group, in collaboration with the Economic Association of Namibia, GIZ and the High Economic Intelligence (HEI) on 20 February 2024, hosted a lively national pre-budget public discussion ahead of Finance Minister Ipumbu Shiimi's tabling of the national budget in the National Assembly on 28 February 2024. Held under the theme: The National Budget in an Election Year: Fiscal Expansion and Strategic Priorities, the event received an overwhelming […] todayFebruary 21, 2024 9
Local City of Windhoek provides clarity and context in response to the New Era Newspaper Article titled “City is broke: Kandjeke”. The City of Windhoek (City) has noted with concern the article published in the New Era newspaper on 19th February 2024. While appreciating the media's role in keeping the public informed, we find the headline and context provided sensational and unfortunate since such selective journalistic exploits have the potential to cause unprovoked panic among the entire chain of our stakeholders and residents alike. It is crucial for journalists […] todayFebruary 21, 2024 16
insert_link Business / Economics Japan Airlines admits subsidiaries cheated on driving tests Japan's two biggest airlines admitted that subsidiaries allowed employees to cheat on written driving exams, according to a statement and local media, the latest embarrassing episode for the country's aviation sector. Japan Airlines (JAL) said that 11 employees from two of its subsidiaries "engaged in the malpractice of answering questions while looking at textbooks" between 2022 and 2024. Their driving permits have been returned to authorities, JAL said, […] todayFebruary 21, 2024 36
insert_link Business / Economics The essence of business transformation and strategy By Mignon du Preez, Group Marketing, Public Affairs and Sustainability Executive, Old Mutual Namibia Corporate transformation and strategy are more than simply buzzwords in the rapidly evolving corporate world; they are essential to long-term success. In addition to keeping up, those that understand the value of strategic planning and transformation also lead with an unwavering vision for greatness. Business transformation is a significant movement that fundamentally alters the […] todayFebruary 21, 2024 35
insert_link Namibia City of Windhoek addresses media report In response to a recent article published in the New Era newspaper on February 19, 2024, the City of Windhoek has issued a statement expressing concern over what it called “sensationalized and unfortunate journalism”. The article in question referenced an audit report highlighting historic financial matters dating back to the financial year ending June 30, 2021. While acknowledging the significance of the report, CEO Moses Matyayi pointed out that this […] todayFebruary 21, 2024 7
insert_link Africa UNDP launches “timbuktoo” initiative in Davos to revolutionize Africa’s startup ecosystem In Davos, the United Nations Development Programme (UNDP) launched the "timbuktoo" initiative in collaboration with African countries. The initiative, unveiled during a special session at the 24th Annual Meeting of the World Economic Forum, aims to be the world's largest financing facility, uniting catalytic and commercial capital to bolster Africa's startup ecosystem. H.E. President Paul Kagame of Rwanda, H.E. President Nana Akufo-Addo of Ghana, the Secretary-General of the African […] todayFebruary 21, 2024 112
insert_link Business / Economics ‘Enough is enough’: With $300 billion in debt, court says it’s time to liquidate China’s Evergrande Evergrande's Hong Kong-traded shares plunged more than 20% early on Monday before they were suspended from trading after a Hong Kong court ordered the world’s most heavily indebted real estate developer to undergo liquidation. The firm is the second biggest company in China's enormous property market, with $300 billion (€277 billion) owed to banks and bondholders. A court order for a liquidation process means that the company's assets will be […] todayFebruary 21, 2024 9
