insert_link Business / Economics Geingos talks investment landscape at Africa Hydrogen Summit Namibia is hosting the Global African Hydrogen Summit. The event brings together heads of state, ministers, business leaders, and investors from Africa and beyond. The goal is to drive partnerships and secure investments in key green energy projects across the continent. Among the speakers on Wednesday was former First Lady, Madam Monica Geingos, who gave an overview of Namibia's investment landscape to investors. Another moment at the summit […] todaySeptember 4, 2024 21
insert_link Business / Economics President Mbumba attends China-Africa forum in Beijing President Nangolo Mbumba has left for Beijing, China, to join over 50 African leaders at the Forum on China-Africa Cooperation. The meeting will focus on strengthening China's strategic partnership with Africa in the post-Covid era, with talks expected to center on climate, energy, and digital cooperation. UNAM economics lecturer Dr. Omu Kakujaha-Matundu says these Africa-China relations should be based on mutual understanding. todaySeptember 2, 2024 18
insert_link Namibia Two-thirds of the world now online Global screen time has reached an all-time high this year, with over two-thirds of the world's population (5.44 billion people) online. Most internet users, according to a report by the American Academy of Child and Adolescent Psychiatry, mainly search for information (60.3%) and connect with family and friends (56.8%), while streaming services like Netflix and Amazon Prime are also widely used (77.1%). South Africa leads with the highest daily screen […] todaySeptember 2, 2024 8
insert_link Business / Economics Namfisa CEO advises public to learn and understand FIMA for better dialogue CEO of the Namibia Financial Institutions Supervisory Authority, Kenneth Matomola has urged the public to familiarise themselves with the Financial Institutions and Market Act to enable informed discussions with his office regarding sections they may not fully understand. FIMA brings together different laws to create a framework for overseeing and regulating financial intermediaries, pension funds, insurers, and other non-banking financial institutions. todaySeptember 2, 2024 21
insert_link World Netanyahu vows retribution amid ceasefire demands Hundreds of thousands of protesters filled the streets of Israel for a second consecutive day, with the country nearly coming to a standstill due to a general strike on Monday. The strike was organised to demand a ceasefire-for-hostages deal, as the largest labor union warned that the “entire Israeli economy will shut down.” According to CNN, the demonstrations followed the recovery of six hostages’ bodies by Israeli forces in Gaza […] todaySeptember 2, 2024 13
insert_link Business / Economics FIMA’s Zamuee reacts to South Africa’s new retirement system South Africa’s new two-pot retirement system is now officially operational, with administrators anticipating a significant influx of withdrawal requests from pension fund members. Dr. Manfred Zamuee, Chairperson of the Financial Institutions and Markets Act Technical Advisory Committee, has responded to the development, highlighting its implications. Public suggestions have also emerged advocating for Namibia to adopt a similar two-pot retirement system. Dr. Zamuee said that these suggestions, alongside other proposals and […] todaySeptember 2, 2024 33
insert_link Business / Economics State of the Namibian Economy 2024 reveals lack of public sector reform Economist Robin Sherbourne has stressed that good governance and well-crafted policies are more crucial for a country’s long-term economic success than natural resources or the size of its population. Speaking in his recent analysis, Sherbourne argued that the foundation of sustainable economic growth lies in the strength of a nation’s institutions and the effectiveness of its policies. In the same report titled "State of the Namibian Economy 2024," Sherbourne […] todaySeptember 2, 2024 27
insert_link Africa Africa records nearly 1 million new cancer cases annually The CEO of the Cancer Association of Namibia, Rolf Hansen, is attending the 74th Session of the World Health Organisation Regional Committee for Africa in Congo Brazzaville. Hansen highlighted the urgent cancer crisis in the region, noting that over 900,000 new cancer cases and 586,000 cancer deaths occur annually in Africa. In response, the UICC community has welcomed the proposed framework as a crucial step forward. To maximize […] todayAugust 29, 2024 10
insert_link Namibia Late release of political party manifestos risks voter confusion Following the release of a media monitoring report on election coverage by the Office of the Media Ombudsman on Wednesday, 28 August 2024, Dr. Wanja Njuguna, a Senior Lecturer in the Department of Journalism and Media Technology at the Namibia University of Science and Technology (NUST), raised concerns about the timing of political party manifestos. She pointed out that releasing these documents late in the election cycle could negatively impact […] todayAugust 29, 2024 78