insert_link Business / Economics Musk sues nonprofit over antisemitic accusation Elon Musk has sued Media Matters for America accusing the nonprofit of trying to drive advertisers from the social media platform X. This comes after the advocacy group accused the site formerly known as Twitter of posting adverts alongside antisemitic content. Musk was recently accused of antisemitism after seemingly endorsing a post that accused Jewish communities of advocating for hatred against white people. Musk denies this saying he was only […] todayNovember 22, 2023 8
insert_link 2 Africa Namibia, Botswana and South Africa sign Trans Kalahari Corridor MoU Namibia, Botswana, and South Africa have signed a Memorandum of Understanding on the 'Development and Management of the Trans Kalahari Corridor'. The MoU aims to improve trade relations and facilitate the movement of goods and people along the corridor and the broader region. To implement this, law enforcement agents from the member states are establishing checkpoints along the Trans Kalahari Corridor for trade facilitation. The Ministry of Works and Transport’s […] todayNovember 21, 2023 49 2
insert_link Business / Economics Ministry of Mines and Energy concerned over sale of licenses The Ministry of Mines and Energy on Monday cautioned individuals and entities that are selling licences and certificates issued by the ministry, indicating that they are doing so in contravention of the law as they are non-transferable. “The ministry has observed with deep concern the proliferation of advertisements on social media platforms wherein individuals or entities are offering to sell wholesale fuel licences and retail fuel licences and are marketing […] todayNovember 21, 2023 20
insert_link Business / Economics NaCC launches investigation into alleged price fixing of quota usage fees The Namibian Competition Commission (NaCC) has launched an investigation into the alleged price fixing of quota usage fees paid to fishing rights holders by various fishing vessel owners and operators. This comes after the NaCC received evidence suggesting possible cooperation among numerous vessel owners and operators in the Namibian fishing industry on 18 August 2023 and 22 September 2023, respectively. The alleged collusion takes the form of fixing fishing quota […] todayNovember 21, 2023 7
insert_link Business / Economics Capricorn Group, Capricorn Foundation, and Bank Windhoek Unite for Namibia’s COP28 Pavilion The Capricorn Group, in collaboration with the Capricorn Foundation and Bank Windhoek, has pledged a joint donation of N$500,000 to the Ministry of Environment, Forestry, and Tourism. The funds are earmarked to support Namibia's representation and pavilion at the upcoming COP28 conference scheduled to be held in Dubai, UAE, from November 30 to December 12, 2023. This marks the second consecutive year of contributions from Capricorn Group and its affiliates […] todayNovember 21, 2023 11
insert_link Africa Urgent reforms needed to address unemployment crisis. BUT is Namibia’s labour force competent enough? It's undeniably a crisis! Namibia is finding itself at a critical juncture as recent statistics from a survey conducted by the Economic Policy Research Association reveal the negative reality of the country’s job market. An alarming 56% of over 500 local businesses surveyed express difficulty in securing competent and skilled employees, with 30% describing the situation as "extremely difficult." This data highlights the immediate need for Namibians to align their […] todayNovember 21, 2023 18
insert_link Business / Economics Major U.S. bank makes management overhaul Citigroup has announced it's undergoing a major overhaul of its management structure with sweeping layoffs expected. Some leadership changes are set to be unveiled as part of a move seen as the American bank's biggest reshuffle in nearly 20 years. William Denselow reports from New York. todayNovember 21, 2023
insert_link Business / Economics Competition Commission has initiated an investigation into the fishing sector after allegations of price fixing The Namibian Competition Commission has initiated an investigation into the fishing sector after allegations of price fixing related to quota usage fees surfaced. The competition watchdog said it received information, on 18 August and 22 September 2023, alleging possible collusion amongst various vessel owners and operators in the country’s fishing industry. NaCC spokesperson Dina //Gowases. todayNovember 21, 2023 26
insert_link Business / Economics French air traffic controllers’ strike disrupts flights French air traffic controllers are holding a strike on Monday - which is leading to flight delays and cancellations across the country. Ross Cullen reports. todayNovember 20, 2023 25
