Business / Economics Archives - Page 59 of 184

Airports Company South Africa prepares for record festive travel

Airports Company South Africa says it is ready to welcome record passenger volumes this festive season. Plans are in place to ensure smooth travel at its airports nationwide. During a briefing, ACSA's Group Executive Airport Operations Management Terence Delomoney announced measures such as improved infrastructure, e-Gates, optimised queues, and reliable baggage systems.

16 December, 2024

Business / Economics

Opuwo Slaughterhouse to Be Upgraded into Modern Abattoir

The Agriculture ministry has revealed plans to upgrade the existing Opuwo slaughterhouse into a fully functional abattoir. This development aims to enable local farmers in the Kunene region to slaughter cattle and small stock within the region. The upgraded facility will feature dedicated slaughter lines for both cattle and small stock, enhancing operational efficiency and providing a local market for small stock. The announcement was made by Ndiyakupi Nghituwamata, Executive […]

16 December, 2024

Business / Economics

Daron Namibia’s Exclusive Brand Launch with Hempel Paints

On Thursday, 12th December 2024, Daron Namibia celebrated a groundbreaking milestone with the official launch of an exclusive partnership with the globally acclaimed Hempel A/S. Managing Director of Daron Namibia, Luther Mostert, said that this partnership signifies the dawn of a new era for Namibia’s industry. Mostert remarked that representing a brand with over a century of global excellence is a privilege Daron Namibia will carry with pride, as they aim […]

16 December, 2024

Business / Economics

Telecom Data Breach Occured In Late November According To Experts

Digital expert Nrupesh Soni has shed light on the Telecom Namibia data breach, which he says actually occured late November and now has exposed sensitive customer information, including personal details, banking data, and contracts. The data was leaked after Telecom reportedly ignored ransom demands. Soni cautions that the breach poses significant risks. Local media reports reveal that a cyberattack on Telecom Namibia has led to the leak of […]

16 December, 2024

Business / Economics

Hacking Group “God” Claims Attack on Health Ministry’s Pharmaceutical Systems

The health ministry has deactivated some servers amid cybersecurity alerts following a Telecom Namibia hack. Executive director Ben Nangombe denied awareness of any direct attack or ransom demands but noted anonymized files circulating online. The hacking group Hunters International leaked 356 pages of sensitive data, including files from the Presidency, Prime Minister's Office, and Defence Ministry. A group, calling itself "God," claimed responsibility for targeting the health ministry's pharmaceutical systems.

16 December, 2024

Business / Economics

DA Optimistic as S.A. Food Inflation Hits 14-Year Low

In S.A, the DA says it is optimistic after the latest Consumer Price Index statistics, which highlight a significant drop in food inflation to a 14-year low. Annual inflation for food and non-alcoholic beverages retreated sharply to 2.3-percent in November from 3.6-percent the previous month, the lowest rate for the category since December 2010, when it stood at 1.6-percent. The DA’s, Wendy Alexander, says they reiterate their call for the […]

13 December, 2024

Business / Economics

President Ramaphosa Reaffirms South Africa’s Commitment to African Continental Free Trade

S.A's President Cyril Ramaphosa says his country is committed to ensuring that continental economic development frameworks like the African Continental Free Trade Area are a success. He addressed the inaugural South Africa-Angola Business Forum in Pretoria yesterday. South Africa’s exports to Angola have grown by approximately eleven-percent since 2019. Ramaphosa says the country is seeking to revitalise its industrial base, modernise its infrastructure network, and strengthen logistics and supply […]

13 December, 2024

Business / Economics

S.A’s Ramaphosa Urges Stronger Trade and Investment with Angola

S.A President Cyril Ramaphosa has called for stronger trade and investment ties between South Africa and Angola. Speaking during the state visit of Angolan president João Lourenço, Ramaphosa said both countries must explore new economic opportunities beyond the oil sector, particularly in areas such as infrastructure, agriculture, and renewable energy:

13 December, 2024

Business / Economics

Telecom Contains Cybersecurity Threat And Ensures Data Safety

Telecom has provided an update on a recent cybersecurity incident, confirming that it has been successfully contained. The company says it detected a cyber reconnaissance mission, which was promptly addressed using their advanced monitoring systems and updated cybersecurity protocols. TN reassures customers and stakeholders that no third-party or personal data was compromised, and all systems have been restored.

13 December, 2024