Tonata Kadhila, Author at Future Media News

Namibian Competition Commission accuses banks of price-fixing

The Namibian Competition Commission has accused the Payments Association of Namibia and several commercial banks of colluding in price-fixing activities related to card transaction fees. According to the Commission, the banks, which are competitors in the market, allegedly colluded with PAN to collectively set interchange fees, a practice deemed anti-competitive and prohibited by law. Here is the NaCC spokesperson Dina //Gowases with more details.

23 April, 2024

Business / Economics

Capricorn Corner earns ‘Green Building Certification’

The Capricorn Corner building, Capricorn Group's state-of-the-art office facilities in Klein Windhoek, earned EDGE Advanced green building certification, the green building certification from the International Finance Corporation, the private sector arm of the World Bank Group. The certification, presented by EDGE certification partner - Green Business Building Certification Inc. marks the first internationally recognised operational building to be EDGE-certified in Namibia. This achievement also preludes this year's World Earth Day, […]

22 April, 2024

Africa

WHO approves new oral simplified cholera vaccine

World Health Organization's has approved a new oral vaccine for cholera. The oral vaccine for cholera received prequalification by the WHO on 12 April 2024. The inactivated oral vaccine Euvichol-S has a similar efficacy to existing vaccines but a simplified formulation, allowing opportunities to rapidly increase production capacity. There were 473 000 cholera cases reported to WHO in 2022 -- double the number from 2021. Further increase of cases by 700 […]

22 April, 2024

Business / Economics

About 10 billion barrels of oil discovered off Namibia’s coast

An estimated 10bn barrels of oil has been discovered in Namibia, Portuguese oil company Galp Energia has said. The company told Bloomberg News that it had made the potential find after concluding its first phase of oil exploration in the Mopane field off Namibia's coast. Vast oil and gas reserves have been discovered in Namibia's Orange Basin, where Mopane is located, in recent years. Namibia is eyeing an entry into […]

22 April, 2024

Africa

Senior FAO official warns of real risk of famine in Sudan

Sudan’s food security crisis is a matter of deep concern with a very real risk there could be famine there, Rein Paulsen the Director of the Food and Agriculture Organisation’s Office of Emergencies and Resilience has told UN News. The FAO is supporting vulnerable farms to boost crop production and is implementing famine prevention strategies, including vaccinating animals.

22 April, 2024

Environment

World marks 54th Earth Day

It is Earth Day, an annual event to show support for environmental protection. First held on April 22, 1970, it now includes a wide range of events coordinated globally by Earthday.org including 1 billion people in more than 193 countries. The official theme for 2024 is "Planet vs. Plastics." Choking our oceans, plastic waste makes up 80 percent of all marine pollution. Over 10 million metric tonnes of plastic end up […]

22 April, 2024

Africa

Johannesburg to host 2024 Africa Children’s Summit

The Nelson Mandela Children’s Fund says the 2024 Africa Children’s Summit will play a vital role in empowering the continent’s children. The SABC reports that the summit will be held in Johannesburg from 9 to 12 August. The fund’s CEO Doctor Linda Ncube-Nkomo, “The summit is a platform for children’s voices to be heard and what we want to get out of it is a reversal of what happens, where […]

22 April, 2024

Africa

Insurance payouts expected for some Southern African drought hit countries

A drought driven by the El Nino weather pattern is likely to trigger insurance payouts to four southern African countries that took out cover with an agency of the African Union. Bloomberg reports that Malawi, Zambia, Zimbabwe, and Mozambique will receive payments at the end of the harvesting season, according to current projections, African Risk Capacity said in a statement but the payments are unlikely to meet regional needs.

22 April, 2024

Namibia

Namibia Statistics Agency to release ‘Vital Statistics Report’

The Namibia Statistics Agency will be releasing the Vital Statistics Report, on 24 April 2024 which is on birds, marriages, and deaths 2018-2021. This comes as the country adopted the resolution from the 8th Conference of the African Ministers responsible for Civil registration in 2014 to produce regular statistical reports based on the civil registration data regardless of the level of completeness. NSA spokesperson Mirjam Shihepo has more.

22 April, 2024