insert_link Business / Economics Namibia Breweries Contributes N$2.4 Billion to Economy and Expands Global Presence Namibia Breweries Limited has contributed N$2.4 billion to the local economy through corporate taxes, customs duties, and excise fees reports The Brief. In the past year alone, the company paid N$800 million in corporate taxes and N$1.6 billion in customs and excise duties. NBL's beer exports reached N$747 million in 2023, reflecting its global competitiveness. Additionally, NBL was a major driver of foreign direct investment, with Heineken increasing its shareholding […] todayAugust 23, 2024 9
insert_link Namibia Local Researcher Criticizes National Development Plan 6 for Overlooking Uranium And Sustainable Energy Solutions Local Economic and Business Researcher, Josef Sheehama says Namibia's National Development Plan 6 is not inclusive of sustainable energy solutions pertaining to Uranium and Nuclear Power Plants for Namibia's energy independence. todayAugust 23, 2024 15
insert_link Health / Medical UK Regulator Rejects Alzheimer’s Drug for NHS The UK health regulator has ruled out offering a much-anticipated Alzheimer drug to patients on the National Health Service after concluding the costs of the drug outweighed its benefits. But having passed safety tests, 'Lecanemab' could still be available privately for those able to pay tens of thousands of dollars per year for private treatment. Here's Stuart Smith with more from London. todayAugust 23, 2024 10
insert_link South Africa South African Coalition Urges Glencore to Stop Coal Exports to Israel, Citing Human Rights Violations The South African Boycott, Divestment, and Sanctions Coalition urges Glencore to halt coal exports to Israel, accusing the mining company of supporting Israel’s military actions. They argue the company is contributing to genocide and illegal occupation in Palestine. The coalition’s Roshan Dadoo calls on the government to impose a total coal embargo to comply with international law and prevent complicity in human rights violations: todayAugust 23, 2024 22
insert_link World Vivek Ramaswamy Criticizes Biden-Harris Administration, Endorses Trump for 2024 Former Republican presidential candidate Vivek Ramaswamy has criticized the Biden-Harris administration for failing to unite the country and endorsed former President Donald Trump as a better option for the White House. He particularly targeted Vice President Kamala Harris, accusing her of opposing popular policies like fracking and private health insurance, and claimed she and her running mate, Governor Tim Walz, lack clarity on their policy positions. todayAugust 23, 2024 23
insert_link Africa Kenyan Police Offer Reward for Capture of Escaped Serial Murder Suspect Kenyan police are offering a substantial cash reward for information leading to the capture of Collins Jumaisi Khalusha, a serial murder suspect who escaped custody alongside 12 others from a Nairobi police station according to BBC Africa reports. Khalusha, who reportedly confessed to killing 42 women since 2022, escaped with the help of insiders. The Directorate of Criminal Investigations has issued a wanted notice as authorities intensify efforts to re-arrest […] todayAugust 23, 2024 6
insert_link South Africa Chinese Hospital Ship “Peace Ark” Arrives in Cape Town for Joint Humanitarian Mission The South African Military Health Service, in collaboration with the its Navy, has welcomed the Chinese hospital ship, Peace Ark, to Cape Town's V&A Waterfront. The ship, docked from today until next Thursday, is part of the joint humanitarian exercise Mission Harmony, aimed at strengthening military and diplomatic ties. The service’s spokesperson, Phillip Makopo, says the ship with over 100 medical personnel will offer various health services, including surgeries and […] todayAugust 23, 2024 25
insert_link Business / Economics Competition Commission Approves Dundee-Sinomine Merger with Employment Conditions The Competition Commission has approved the merger between Dundee Precious Metals Tsumeb Holdings and China’s Sinomine Resource Group, provided there are no retrenchments of Namibian employees for three years. The companies must also maintain a minimum ratio of 92% local employees to foreign employees. NaCC spokesperson: Dina //Gowases. todayAugust 23, 2024 30
insert_link Africa Second-Largest Diamond in History Unearthed in Botswana A 2,492-carat diamond, the second-largest ever found, has been discovered at the Karowe mine in Botswana, operated by Canadian firm Lucara Diamond. The BBC reports that, this remarkable find surpasses Botswana's previous record and is the biggest since the 3,106-carat Cullinan diamond found in South Africa in 1905. Botswana, a leading global diamond producer, continues to make significant contributions to the industry, accounting for about 20% of global production. todayAugust 23, 2024 9
