insert_link Business / Economics New Bank of Namibia bonds expected to improve financial access The Bank of Namibia is preparing to introduce the country’s first retail bonds, allowing low to medium-income earners to invest in government debt. According to Max Rix, Head of Investments at Simonis Storm Securities, this initiative could broaden financial inclusion and promote financial literacy among Namibians. todayAugust 29, 2024 74
insert_link World UN suspends Gaza staff movement after attack The United Nations World Food Programme has temporarily suspended the movement of its staff in the Gaza Strip. This comes after its team came under fire near an Israeli checkpoint while two of its armoured vehicles were escorting a convoy of lorries with humanitarian aid. UN spokesperson, Stephane Dujarric, says increasing violence compromises the ability to deliver life-saving assistance. The UN human rights office, OHCHR, on Wednesday condemned […] todayAugust 29, 2024 6
Africa Nigerian breaks world record with 215-hour reading marathon Nigeria's Samson Ajao has broken the Guinness World Record for the longest reading-aloud marathon. The 27-year-old achieved the record by reading for 215 hours – just one hour short of nine full days. Ajeck Mangut reports. todayAugust 29, 2024 6
insert_link World UK’s Starmer in France for post-Brexit trade talks United Kingdom Prime Minister Keir Starmer is in France for talks with President Emmanuel Macron on issues such as migration, the Middle East, and Ukraine. Catherine Barnard - Professor of EU law at the University of Cambridge - says any improvements to the UK's post-Brexit trading relationship with Brussels will be a challenge. todayAugust 29, 2024 8
insert_link Business / Economics Letshego reports 14% revenue growth in 2024 For the first half of 2024, Letshego Holding Namibia recorded a strong growth of 14% year-on-year increase in total revenue, driven by a 21% rise in interest income. Net interest income grew by 15% to N$251 million, strengthened by a 3% increase in net advances to customers and strategic repricing of low-interest loans. CEO of Letshego Holdings Namibia, Dr Ester Kali says the bank has maintained a stable cost-to-income ratio […] todayAugust 29, 2024 17
insert_link Namibia Windhoek enforces new water saving rules Following the declaration of a category D severe water scarcity drought by the Council on 31 July 2024, and in line with the City of Windhoek's water management plan, new water-saving measures will be implemented starting 1 September 2024. City spokesperson, Lydia Amutenya, has more. Earlier this week, the municipality announced that between 19 and 26 August 2024, it managed to reduce water consumption by 6% which still falls […] todayAugust 29, 2024 42
insert_link Namibia Paralympics get underway in Paris with opening ceremony The 2024 Paralympics get underway on Wednesday in Paris with the opening ceremony. There will be 549 gold medals across 22 sports awarded over the next 12 days in the French capital - with the same iconic Olympic venues being used for Paralympic events. Athletes from Namibia, including Ananias Shikongo, Johannes Nambala, Lahja Ishitile, Chris Kinda, and Petrus Karuli, will compete at the Paris 2024 Paralympic Games from August […] todayAugust 28, 2024 15
insert_link Uncategorized Namibia, SA team up to promote film production The Namibia Film Commission has announced a new partnership with the South African non-profit organisation, Sisters Working in Film and Television. This collaboration will offer platforms that will support and promote local film production, and encourage the growth and development of the creative sector. SWIFT founder, Tutu Mungoba. Founded in 2016, SWIFT has been at the forefront of promoting equality in the historically male-dominated film industry. The organization […] todayAugust 28, 2024 11
insert_link Namibia Media Ombudsman releases election monitoring report The office of the Media Ombudsman, in collaboration with its partners, has released the findings from the recently launched 2024 Presidential and National Assembly Elections Media Monitoring Report. The report includes media coverage from June to July 2024. Media Ombudsman, Dr John Nakuta. The report suggests that having manifestos ready early—ideally by January—could create better engagement with the media and ensure more comprehensive coverage. The report also […] todayAugust 28, 2024 24
