insert_link Business / Economics Japan Airlines admits subsidiaries cheated on driving tests Japan's two biggest airlines admitted that subsidiaries allowed employees to cheat on written driving exams, according to a statement and local media, the latest embarrassing episode for the country's aviation sector. Japan Airlines (JAL) said that 11 employees from two of its subsidiaries "engaged in the malpractice of answering questions while looking at textbooks" between 2022 and 2024. Their driving permits have been returned to authorities, JAL said, […] todayFebruary 21, 2024 36
insert_link Business / Economics The essence of business transformation and strategy By Mignon du Preez, Group Marketing, Public Affairs and Sustainability Executive, Old Mutual Namibia Corporate transformation and strategy are more than simply buzzwords in the rapidly evolving corporate world; they are essential to long-term success. In addition to keeping up, those that understand the value of strategic planning and transformation also lead with an unwavering vision for greatness. Business transformation is a significant movement that fundamentally alters the […] todayFebruary 21, 2024 35
insert_link Africa UNDP launches “timbuktoo” initiative in Davos to revolutionize Africa’s startup ecosystem In Davos, the United Nations Development Programme (UNDP) launched the "timbuktoo" initiative in collaboration with African countries. The initiative, unveiled during a special session at the 24th Annual Meeting of the World Economic Forum, aims to be the world's largest financing facility, uniting catalytic and commercial capital to bolster Africa's startup ecosystem. H.E. President Paul Kagame of Rwanda, H.E. President Nana Akufo-Addo of Ghana, the Secretary-General of the African […] todayFebruary 21, 2024 111
insert_link Business / Economics ‘Enough is enough’: With $300 billion in debt, court says it’s time to liquidate China’s Evergrande Evergrande's Hong Kong-traded shares plunged more than 20% early on Monday before they were suspended from trading after a Hong Kong court ordered the world’s most heavily indebted real estate developer to undergo liquidation. The firm is the second biggest company in China's enormous property market, with $300 billion (€277 billion) owed to banks and bondholders. A court order for a liquidation process means that the company's assets will be […] todayFebruary 21, 2024 9
insert_link Business / Economics 21st February 2024 Morning Biz News: Global Financial Snapshot: Namibia Faces Grey Listing, South Africa’s Unemployment Rises, Oil Prices Recover, and Currency Markets Shift In the realm of global finance, Namibia finds itself on the brink of grey listing due to non-compliance with international anti-money laundering standards. Despite Finance Minister Iipumbu Shiimi's reassurance that Namibia passed the technical compliance test, progress in five out of 11 effectiveness test outcomes signals a potential challenge. Out of 72 action items, 59 have been successfully addressed, leaving 13 unresolved. South Africa, on the other hand, experiences […] todayFebruary 21, 2024 10
insert_link Business / Economics Construction Focus – 20 February 2024 General Manager of the Construction Industries Federation of Namibia, Bärbel Kirchner, updates us on the state of the industry. https://iono.fm/e/1408224 todayFebruary 21, 2024 122
insert_link Business / Economics Market Watch – 20 February 2024 Michelle speaks to Capricorn Asset Management's Chief Economist, Floris Bergh, about the National Budget and what some of his expectations are. https://iono.fm/e/1408223 todayFebruary 21, 2024 31
insert_link Business / Economics The Alexforbes Lead Story – 20 February 2024 David speaks to Vitalis Haupindi, co-founder of exciting homegrown ed-tech startup Yyeni AI. https://iono.fm/e/1408221 todayFebruary 21, 2024 18
insert_link Business / Economics Executives divided on 4-day work week trial Namibia is set to launch a pilot program for a 4-day work week, starting in April 2024, for a six-month trial period. Globally, talks around the four-day workweek were first reignited by the COVID-19 pandemic, with workers and employers rethinking the importance of workplace flexibility and benefits. Executive Chairperson of the Ohlthaver & List Group, Sven Thieme does not agree with a 4-day work week. However, Government Institutions Pension Fund's […] todayFebruary 20, 2024 31