Finland approves defence treaty with the United States

Finland approves defence treaty with the United States

The Finnish Parliament on Monday unanimously approved a defence pact with the United States, which will allow enhanced US military presence and storage of defence material in Finland. The Defence Cooperation Agreement(DCA) had been signed by the Finnish government in December. Aimed to strengthen Finland's security and defence capabilities, the agreement comes after the Nordic country joined NATO in April 2023, following Russia's invasion […]

July 1, 2024 22

World

Mauritania’s Ghazouani wins re-election with 56.12% of vote

Mauritania's incumbent President Mohamed Ould Cheikh El Ghazouani has comfortably won re-election, receiving 56.12 percent of the vote in the first round of the presidential poll, the Independent National Electoral Commission (CENI) said Monday. The victory gives the former army chief a second term as head of the vast desert country, seen as a rock of relative stability in Africa's volatile Sahel region and set to become […]

July 1, 2024 20

Sport

European sprint champion Asher-Smith ‘so happy’ as she bids for Olympic gold

European 100 metres champion Dina Asher-Smith believes she is well-placed to "create history" as she bids to become the first British woman to win an Olympic sprint gold medal at the upcoming Paris Games. Asher-Smith showed her class with victory in the 200m at the UK Athletics Championships in Manchester on Sunday. The 28-year-old sealed her place in the British team for Paris by winning in […]

July 1, 2024 19

Local

Bank of Namibia launches industry kick-off for instant payment programme

The Bank of Namibia recently hosted the industry kick-off for the Instant Payment Programme (IPP), a transformative initiative aimed at enhancing financial inclusion and accessibility across the country. Mr. Marsorry Ickua, Officer in Charge at the Bank of Namibia, officiated at the event, highlighting the IPP’s commitment to inclusivity. The Instant Payment Solution is designed to be accessible on any device, including non-smartphones, ensuring that […]

July 1, 2024 21

Local

Alexforbes Partners with Padel to Launch Corporate League

Alexforbes has partnered with Namibia Padel to establish the Alexforbes Padel Corporate League. This initiative is set to enhance fitness, foster team spirit and provide valuable networking opportunities among corporate teams. The league will culminate in a full-day final event on Saturday, 26 October 2024. Sponsorship and participation details Alexforbes has committed N$ 70,000 to sponsor the league. Entries for the league close on 26 July […]

July 1, 2024 34

Local

Capricorn Private Wealth announces Medical Congress partnership

On Friday, 28 June 2024, Capricorn Private Wealth (CPW) announced its sponsorship of N$ 200,000 towards the 43rd Annual Medical Congress facilitated by the Medical Association of Namibia (MAN). The event will take place at the University of Namibia Hage Geingob Campus from Friday, 12 July to Saturday, 13 July 2024, in Windhoek. Delegates, exhibitors, medical doctors and students from across the country will attend the event to […]

July 1, 2024 10

World

The far-right has surged to the lead in France’s elections. But forming a government remains a tall order

By Romain Fathi, Australian National University Exit polls after the first round of the French legislative elections indicate the far-right National Rally party leading with about 34% of the vote. The New Popular Front (a coalition of parties from the far left to the moderate left) was in second with about 28% and President Emmanuel Macron’s centrist coalition was a distant third with about […]

July 1, 2024 20

Business / Economics

Air France says Olympic Games has cut summer traffic to Paris

Air France-KLM warned Monday that the Olympic Games would lead to a drop in revenues of up to 180 million euros ($193 million), due to a decline in travel to Paris over the summer. Some 15 million visitors are predicted to attend the Games, including two million from abroad, according to the Centre for Law and Economy of Sport (CDES), which has been monitoring the Paris […]

July 1, 2024 23

Africa

Hotbed of corruption: Kenya’s elite have captured the state – unrest is inevitable

By Gedion Onyango, London School of Economics and Political Science A strong undercurrent driving the unprecedented anti-tax protests in Kenya is outrage over theft of public resources coupled with the extravagant lifestyles of public servants. There are widespread frustrations that President William Ruto also failed to deliver on his electoral promises to address corruption. He’s even earned a new nickname — “Zakayo”, a reference […]

July 1, 2024 8