Tik Tok Singapore office hit by mass food poisoning

Tik Tok Singapore office hit by mass food poisoning

Dozens of staff at the Singapore office of TikTok's parent company, ByteDance, have been hospitalised in an apparent food poisoning outbreak. At least 60 people were affected, with 57 treated in hospital. Laura Westbrook reports from Hong Kong. A total of 60 staff were left suffering symptoms of gastroenteritis, with 57 of them needing hospital treatment. The Singapore Civil Defence Force sent 15 ambulances to the scene, according […]

July 31, 2024 47

Business / Economics

Rössing Foundation supports MSMEs in Oshana and Erongo region

Micro, Small, and Medium Enterprises belonging to youth, women, and people with disabilities in the Oshana and Erongo regions will soon become the beneficiaries of essential business advisory services, branding classes, and other key business-building tools through a N$ 500 000 sponsorships from the Rössing Foundation. Namibia Investment Promotion and Development Board spokesperson, Titus Shivute explains how the process will work.

July 31, 2024 22

Africa

Green energy for all: Zimbabwe will need a new social contract to roll out projects like solar power

By Ellen Fungisai Chipango, University of Johannesburg and Long Seng To, Loughborough University The Zimbabwean government is racing against time to meet the United Nations’ Sustainable Development Goal 7: affordable, reliable, sustainable and modern energy for all by 2030. However, the race towards green energy is top-down and mostly privatised. New technology is being introduced or sold to individuals or small families, but renewable […]

July 31, 2024 16

Business / Economics

Saving for retirement in South Africa? Four tips to navigate the new pension rules

By Adrian Saville, University of Pretoria South Africa is changing its pension laws. The new system is designed to give individuals the opportunity to access only a portion of their retirement funds before they retire in the case of dire need – or even in case of desire. To an extent, this makes sense, given the low savings rate in the country. It forces individuals […]

July 31, 2024 12

Business / Economics

Namibia to Host Oil and Gas Conference in August

Namibia will hold the Oil and Gas Conference in Windhoek from 20-22 August 2024. The event will gather key players in Namibia's oil and gas sector, along with civil society and the public, to discuss the potential, opportunities, and risks of developing the country's oil and gas industry. Chairperson of the Economic Association of Namibia, Jason Kasuto.

July 31, 2024 100

Business / Economics

Fuel Prices Hold Steady for August

The Mines and Energy ministry has announced that fuel prices will remain the same for August. In Walvis Bay, petrol will continue at N$22.20 per litre, with diesel priced at N$21.57 for 50ppm and N$21.67 for 10ppm. The Ministry's Economist Taramaris Amadhila.

July 31, 2024 39

Business / Economics

31 July 2024 Morning Biz News: Ohlthaver & List Completes Full Acquisition of Broll Namibia; Rand and Yen Show Market Movements; Oil Prices Rebound Slightly

Ohlthaver & List Acquires Full Ownership of Broll Namibia Windhoek, Namibia – The Ohlthaver & List (O&L) Group has solidified its position in the property services sector by acquiring the remaining 49.9% of shares in Broll Namibia from the Broll Property Group (Pty). The deal, which took effect on 1 July 2024, makes O&L the sole shareholder of Broll Namibia. This strategic acquisition underscores O&L's commitment to expanding its footprint […]

July 31, 2024 29

Africa

Dangote’s bid buy crude in Nigerian currency approved

Nigeria's government has approved the sale of crude oil to the Dangote refinery in the local currency, the Naira. The government asked the state-owned oil company, Nigerian National Petroleum Company Limited to sell the crude to Dangote and other refineries with immediate effect. The decision puts an end to the dispute between Dangote refinery and oil regulators over crude supply. Reuters reports that the $20 billion Dangote refinery, Nigeria's […]

July 30, 2024 21

Africa

Biden Administration supports AGOA re-authorisation

The Biden administration is supporting the early extension of the African Growth and Opportunity Act, allowing over 30 sub-Saharan African countries to maintain duty-free access to the U.S. market. Joy Basu, the Deputy Assistant Secretary of State in the Bureau of African Affairs, confirmed this during a press briefing, saying the United States supports an early re-authorization before AGOA expires in September 2025. Since its enactment in 2000, the […]

July 30, 2024 29