insert_link Namibia Fatal Fall from Water Tank at Otjiwarongo A 59-year-old man died instantly yesterday after allegedly falling from a 15-metre-high water tank while performing maintenance work in Otjiwarongo. Senior Inspector, Maureen Mbeha of the Namibian Police Force reported that the incident occurred at 13:00 in the Orwetoveni residential area, near Karundu Primary School. Preliminary investigations suggest that the man's protection belt may have become loose, leading to the fatal fall. His 37-year-old colleague was rescued from the tank […] todayJuly 29, 2024 13
insert_link Business / Economics Quad foreign ministers meet in Tokyo amid regional security worries Foreign ministers from Australia, India, Japan and the US kicked off a meeting in Tokyo on Monday to discuss deepening their collaboration on economic, security and humanitarian issues in the Indo-Pacific. It is their first gathering since September 2023, as Laura Westbrook reports from Hong Kong. todayJuly 29, 2024 17
insert_link South Africa City of Cape Town says Transnet must expedite private sector involvement in the port operations The City of Cape Town says Transnet must expedite private sector involvement in the port operations, and the development and maintenance of a liquid bulk terminal at the Port of Cape Town. Mayoral committee member for Economic Growth, James Vos, says the port’s performance impacts a diverse range of critical products, from agricultural goods to high-value exports like wine and seafood: todayJuly 29, 2024 6
insert_link South Africa S.A union Cosatu says a renewed AGOA needs to include provisions to support compliance with fair labour practices S.A union, Cosatu says a renewed AGOA needs to include provisions to support compliance with fair labour practices and penalise employers who flout labour laws. Cosatu’s Matthew Parks says AGOA has increased investments by US companies, supporting 450-thousand direct, value chain, and indirect South African jobs. He adds the country’s mining, manufacturing, and agricultural sectors benefit from the large volumes of exports to the US: todayJuly 29, 2024 7
insert_link Business / Economics Local Economics Researcher Josef Sheehama predicts the U.S Federal Reserve will cut interest rates by 0.25 basis points Local Business and Economics Researcher , Josef Sheehama predicts the U.S Federal Reserve will cut interest rates by 0.25 basis points in September, citing cooling inflation and a softening job market. Despite objections from presidential candidate Donald Trump, Sheehama remains confident that the rate cut will proceed, driven by positive economic indicators and the Fed's commitment to achieving a 2% inflation target. todayJuly 29, 2024 18
insert_link World US Secretary of State Antony Blinken Points to Hezbollah in Golan Heights Rocket Attack US Secretary of State, Antony Blinken, says there is every indication that a rocket that hit a soccer pitch in Golan Heights was fired by Lebanese militant group Hezbollah. The attack killed 12 people including children. Hezbollah has denied it was behind the strike, the deadliest to hit Israel or Israeli-controlled territory since the 7 October attacks by Hamas. Blinken says America’s support for Israel’s security is unwavering against all […] todayJuly 29, 2024 13
insert_link Business / Economics INTERVIEW: Business and Economics Researcher Josef Sheehama on Interest Rate Cuts In the midst of heated debates and mixed emotions surrounding the potential for a Federal Reserve interest rate cut, Business and Economics Researcher Josef Sheehama provides insightful analysis on the matter. Sheehama notes that current economic indicators suggest a favorable environment for a rate cut. "If we look at the current inflation trends, we see that inflation is starting to cool off, with some prices beginning to decline. […] todayJuly 29, 2024 15
insert_link Namibia Top Honors at ||Kharas Region Science Fair for Oranjemund Private and Suiderlig Secondary Schools At the ||Kharas Region Science Fair in Keetmanshoop, Oranjemund Private School and Suiderlig Secondary School were awarded for being the top primary and secondary schools. Suiderlig’s Vilho Ashipala won the overall fair with his electronic health passport project, while Joseph Markowitz from Oranjemund Private School won in the junior primary category. Albertina Shaanika and Joy Linane shared the senior primary award, and Aiyana Abed was the top junior secondary winner. […] todayJuly 29, 2024 17
insert_link South Africa City of Cape Town’s electricity teams attended to almost 19-thousand primarily storm-related faults in the past two weeks The City of Cape Town’s electricity teams attended to almost 19-thousand primarily storm-related faults in the past two weeks. Ongoing winter storms have wreaked havoc across the city, resulting in damages in excess of 16.6-million-rand to date on power infrastructure alone. Mayoral committee member for Energy, Xanthea Limberg, says the city’s Area South, which includes Mitchells Plain, Muizenberg, Wynberg and Gugulethu, recorded the highest incidents of damaged infrastructure: todayJuly 29, 2024 10
