insert_link Africa Concerns grow over unauthorised fuel licensing and pricing The Ministry of Mines and Energy is concerned about the increasing number of advertisements on social media platforms where individuals and entities are offering wholesale and retail fuel licenses, marketing fuel at unofficially gazetted prices, often from unlicensed locations. Ministry spokesperson Ten Hasheela. todayNovember 20, 2023 23
insert_link Africa UK Prime Minister opens Global Food Security Summit in London British Prime Minister Rishi Sunak has opened a Global Food Security Summit in London. The conference, according to the BBC, is a joint initiative between Britain, Somalia, and the United Arab Emirates, as well as organisations such as the Bill and Melinda Gates Foundation. Representatives from more than 20 countries are attending. Sunak also announced a new virtual hub to link British scientists with global research into climate-resilient crops. todayNovember 20, 2023 6
insert_link Africa Massive backlog at Durban Port as delays disrupt regional trade Delays at South Africa's port of Durban have led to a huge backlog in dealing with the cargo. An estimated 70,000 containers are waiting to be off-loaded from more than 60 vessels. Local media report it will take at least seven weeks to clear the build-up. Businesses are blaming the port authority, Transnet, for failing to fix faulty equipment at the port. Moneyweb says that the problem in Durban is […] todayNovember 20, 2023 5
insert_link Africa ‘November in Namibia’ initiative kicks off A group of 21 Ghanaian tourists has arrived in Namibia for the 'November in Namibia' initiative, aimed at enhancing the local tourism industry within the African Continental Free Trade Area framework. The initiative, part of a memorandum of understanding between Namibia and Ghana, seeks to promote intra-African trade and create a network of African enthusiasts. Here’s Namibia Tourism Board CEO Digu //Naobeb. todayNovember 20, 2023 42
insert_link Africa Namibia secures sponsorship for COP28 pavilion in Dubai Namibia has secured its pavilion at the upcoming COP28 in Dubai, thanks to a generous sponsorship of N$ 1.85 million. The funding, according to Environmental Commissioner, Timoteus Mufeti is expected to bolster Namibia's presence at the conference, allowing the country to showcase initiatives and contributions, particularly in the areas of climate change and environmental sustainability. todayNovember 20, 2023 21
insert_link Business / Economics Competition Commission probes fishing sector for price fixing The Competition Commission has launched 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 sector. todayNovember 20, 2023 12
insert_link Africa African leaders in Berlin for economic cooperation talks African heads of state and prime ministers are convening in Berlin for a two-day conference to discuss enhanced economic cooperation with Europe. According to the German Press Agency, German Chancellor Olaf Scholz is expected to engage in bilateral talks with leaders. The 'Compact with Africa' conference focuses on bolstering private investment in Africa and collaborating on sustainable energy projects. todayNovember 20, 2023 5
insert_link Business / Economics Lüderitz Airport passenger volumes increase Passenger numbers at Lüderitz Airport have increased from 400 to 1420 per month as of March 2023. The Namibia Airports Company links the rise in traffic volume to increased oil and gas activities offshore and upcoming green hydrogen projects in the town. Here’s the NAC’s Dan Kamati. todayNovember 20, 2023 11
insert_link Business / Economics Survey shows that businesses struggle to find skilled workers A survey by the Economic Policy Research Association and over 500 local businesses has revealed that 56% find it "difficult" to hire adequately skilled employees, with 30% describing it as "extremely difficult." The 2022 survey highlights the need for skilled Namibians to align with global standards in a small, shrinking local economy. The findings are part of a Private Sector Engagement Report launched in August 2023, aiming to establish dialogue […] todayNovember 20, 2023 6
