insert_link Namibia IPPR investigates election year budgets in quarterly economic review The Quarterly Economic Review by the Institute for Public Policy Research has investigated whether the government has engaged in overspending related to elections since independence. The review examines budgets during election years, including the 2024/2025 budget, which was introduced ahead of the national elections on 27 November 2024. IPPR Executive Director, Graham Hopwood. The report also includes the usual quarter summary, news highlights, key economic variables, and data trends. https://ippr.org.na/wp-content/uploads/2024/05/Namibia-QER-Q1-2024-1.pdf […] todayMay 14, 2024 35
insert_link World Arrests made as unrest erupts in New Caledonia More than 80 people have been arrested after unrest in the French Pacific territory of New Caledonia. Shops and cars were burnt as violence broke out during protests against constitutional reform. Ross Cullen reports. todayMay 14, 2024 59
insert_link World Chinese journalist jailed for reporting on Wuhan COVID-19 outbreak to be released The current whereabouts of a Chinese citizen journalist, Zhang Zhan, who was imprisoned for four years due to her reporting on the early days of the pandemic in Wuhan, remain unknown, causing concern among activists. Zhang Zhan was sentenced to four years in prison on charges of “picking quarrels and provoking trouble,” a vague charge frequently used in political cases. She completed her sentence at Shanghai’s Women Prison. The Associated […] todayMay 14, 2024 26
insert_link World Amsterdam university closed after Pro-Palestinian protests The University of Amsterdam has closed its campuses for two days following protests on Monday. Pro-Palestinian demonstrations have also been taking place this week at several universities in Belgium. todayMay 14, 2024 17
insert_link Africa Zambia begins debt restructuring process Zambia’s international bondholders should quickly complete the restructuring of the notes after the government announced the start of the process, says International Monetary Fund Managing Director Kristalina Georgieva. Bloomberg Africa reports that the government of Africa’s first pandemic-era sovereign defaulter will meet eurobond investors on June 4th to ask them to approve exchanging what’s grown to almost $3.9 billion of debt for new instruments. todayMay 14, 2024 8
insert_link Environment UN assessment teams deployed to flood affected areas in Afghanistan Rescue efforts continue in Afghanistan following deadly flash floods in three northeastern provinces this past weekend. The Resident Representative of the UN Development Programme, Stephen Rodriques, told UN News that 180 deaths were confirmed and nearly 9,000 homes have been damaged. The UN has deployed just over 20 teams to the region to conduct a joint assessment alongside partners and the de-facto authorities. todayMay 14, 2024 30
insert_link Africa Kenyan schools reopen after devastating floods Schools in Kenya have reopened after flooding in the country killed more than 250 people. Kenya and other parts of East Africa have been battered by torrential rains, claiming lives and destroying property. Human Rights Watch says that Kenyan authorities have not responded adequately to flash floods resulting from heavy rains. The floods have left at least over 200, 000 people displaced, destroyed infrastructure, and livelihoods across the country; and […] todayMay 14, 2024 37
insert_link Namibia Namfisa to host 2024 Sub-Saharan insurance regulators Namibia will host insurance regulators from across Africa for the 2024 International Association of Insurance Supervisors Sub-Saharan Regional Seminar, to be held in Windhoek from 27 to 31 May 2024. With the overarching goal of advancing sustainability, inclusivity, and resilience in the insurance industry, the seminar will focus on capacity building and will also delve into various gaps that hinder the progress and sustainability of the insurance industry. These include […] todayMay 14, 2024 37
insert_link Business / Economics Namport sets new cargo record The Namibian Ports Authority has set a new record, handling 8 million tonnes of cargo in the fiscal year ending 31 March 2024, marking a 4% increase from the previous year. Major exports include, bulk salt saw a growth of 10%, copper concentrate 12%, bagged salt 1%, frozen fish 29%, manganese ore 15.7%, zinc/lead concentrates 2.9% and marble 41%. The Corporate Communications Manager at Namport, Taná Pesat explains. With regards […] todayMay 14, 2024 31