insert_link Business / Economics 15-22 August Weekly Economics Wrap: Global Market Movements and Strategic Investments Highlight Weekly Economic Developments Namibian Gold Exploration and Energy Developments Wia Gold's Exploration Success: Australian gold exploration company Wia Gold has announced significant progress at its Kokoseb gold project. Recent drilling efforts have confirmed the presence of existing gold zones, uncovered high-grade mineralization at depth, and identified a new mineralized area in the eastern zone. This marks a pivotal development in Namibia's growing mining sector. NAMCOR's Strategic Investments Pay Off: The National Petroleum Corporation […] todayAugust 22, 2024 12
insert_link Namibia Political Parties and Independent Candidates Mobilize for Upcoming 2024 Election: Spotlight on Basic Income Grants and Coalition Building As Namibia approaches the 2024 general elections, political parties and independent candidates are intensifying their campaigns, with a key focus on the implementation of a Universal Basic Income Grant (UBIG). Spearheaded by the Universal Basic Income Grant Coalition, this initiative has garnered substantial support, with prominent figures such as Job Amupanda of the Affirmative Repositioning (AR) movement, Esther Muinjangue, president of the National Unity Democratic Organization (NUDO), Vistoh […] todayAugust 22, 2024 18
insert_link Africa Niger Resumes Oil Exports via Benin After Dispute Niger has restarted crude oil exports through Benin following a dispute that previously halted the flow via a Chinese-funded pipeline according to Reuters. The conflict arose from Niger's refusal to lift a ban on imports from Benin, leading to a block on exports through the PetroChina-backed pipeline in May. Niger had subsequently shut off the pipeline flow in June. todayAugust 22, 2024 3
insert_link South Africa Nobuhle Mthembu Elected as Johannesburg Council Speaker, Promising Accountability and Transparency ActionSA's, Nobuhle Mthembu has been elected as the new speaker of the Johannesburg council, replacing Margaret Arnolds. Mthembu won 180 of the 248 votes against the DA's Nonhlanhla Sifumba. In her acceptance speech, Mthembu vowed to instill accountability and transparency, focusing on service delivery, inner-city rejuvenation, and law enforcement. She emphasised the urgency of addressing the city's challenges: todayAugust 22, 2024 12
insert_link World Violence costs the world nearly 20 trillion dollars The UN Security Council on Wednesday heard that violence cost the world nearly 20 trillion dollars last year. The United Nations says that is 13.5 percent of global GDP. At a special high-level session of the council, Sierra Leone's Foreign Minister called on members to do more to prevent ever increasing conflicts around the world. Jody Jacobs reports for us from the United Nations in New York. todayAugust 22, 2024 10
insert_link Business / Economics 22 August 2024 Morning Biz News: NAMCOR’s Breakthroughs and Global Economic Shifts: Namibia’s Economic Boom, South Africa’s Inflation Drop, and Market Trends NAMCOR's Investment Boosts Economic Outlook NAMCOR's extensive drilling and investment efforts have paid off, with recent successes in the Orange Basin signaling a bright future for Namibia's economy. Interim Managing Director Ebson Uanguta revealed that after drilling 38 dry wells and investing over N$20 billion over the past three decades, Namibia is on track to potentially double its economy in the next 15 years. This achievement marks a significant […] todayAugust 22, 2024 15
insert_link South Africa Ten of eighteen MK Party MPs who were suspended will have their case heard on 3 September Ten of eighteen MK Party MPs who were suspended will have their case heard on 3 September at the High Court in the Western Cape. Their lawyer Wendy Cele says the MPs allege fraudulent resignation letters were created. She says the court order seeks to prevent replacement candidates from being submitted to parliament until their review application is resolved: todayAugust 22, 2024 8
insert_link Africa Sahel Juntas Accuse Ukraine of Supporting Rebel Groups, Denounce Actions to UN Security Council The military juntas of Burkina Faso, Mali, and Niger have lodged a complaint with the U.N. Security Council, accusing Ukraine of supporting rebel groups in the Sahel region, reports Reuters. This follows Mali's decision to cut diplomatic ties with Ukraine in early August, after comments from a Ukrainian military intelligence spokesperson about recent fighting in Mali's north, which resulted in the deaths of Malian soldiers and Russian Wagner mercenaries. Niger's […] todayAugust 22, 2024 5
insert_link Health / Medical ICT Ministry Partners with Lifeline Childline Namibia for Cybersecurity Awareness The Information and Communication Technology ministry and Lifeline Childline Namibia have signed a five-year Memorandum of Understanding in Windhoek. This partnership will focus on enhancing cybersecurity awareness and public education, particularly for children. Director of LifeLine/ChildLine Namibia: Nicolette Bessinger. todayAugust 22, 2024 11
