insert_link Business / Economics Ondangwa Town Council gala dinner raises over N$500 000 The Ondangwa Town Council has raised over N$ 500 000 in cash, and pledges during the Ondangwa Trade and Industrial Exhibition gala dinner held on Saturday. Future Media's Maria Namupala reports. todayApril 8, 2024 101
insert_link Business / Economics World Bank’s IFC under fire over alleged abuses at Liberian plantation it funded An investigation into the International Finance Corporation’s handling of human rights abuses at a project it financed in Liberia, the Salala Rubber Corporation, is expected to severely incriminate the World Bank’s private lending arm. The World Bank’s Compliance Advisory Ombudsman investigated whether the IFC did enough to address allegations of gender-based violence, land grabbing and unfair compensation by its client, Socfin, between 2008 and 2020. It’s anticipated that […] todayApril 8, 2024 37
insert_link Business / Economics Everyday Resilience: Navigating Life’s Challenges with Grace and Grit By Bianca Strauss, Intermediate Human Capital Consultant, Old Mutual Namibia In a world where life's uncertainties often leave us feeling overwhelmed, it's our everyday resilience that becomes the guiding light, helping us navigate through the highs and lows with grace and grit. This resilience isn't about always having it together or never feeling the weight of our struggles. It's about acknowledging our vulnerabilities, embracing our imperfections, and finding strength […] todayApril 8, 2024 8
insert_link Business / Economics South Africa is to shut down captive lion farms. Experts warn the plan needs a deadline By Neil D’Cruze, University of Oxford; Angie Elwin, Manchester Metropolitan University, and Jennah Green, Manchester Metropolitan University The South African government has officially confirmed that captive lion farms will be shut down. A new ministerial task team report just released has cemented the government’s intention, first made public in 2021, to put an end to African lions being legally sold and traded live, both internationally and domestically. […] todayApril 8, 2024 17
insert_link Africa Twin rate cuts set Mozambique apart as African currency rally By Seth Onyango, bird story agency Mozambique’s central bank has decisively cut its benchmark lending rate to 15.75% from 16.5%, setting a precedent as the first African country to slash rates twice in 2024. The move highlights Maputo’s aggressive push for economic growth amid a wider trend of cooling inflation and currency stability against the US dollar across Africa. Rate cuts in the southeastern African nation, prompted […] todayApril 8, 2024 38
insert_link Africa Young Kenyans are not finding work: how universities can do a better job of training entrepreneurs By Renson Muchiri Mwangi, KCA University; Judy N. Muthuri, University of Nottingham, and Mohsen Gul, University of Cambridge Kenya’s long-term development blueprint, Vision 2030, envisions an empowered youth driving economic growth. The focus on its young population (aged 15–34) is apt given that the median age of the country’s population of 55 million is around 20 years. This has led to a succession of policies and strategies […] todayApril 8, 2024 6
insert_link Africa Have you ever suffered intimate partner abuse? We asked girls in Malawi and 40% said yes By Anthony Idowu Ajayi, African Population and Health Research Center and Elita Chamdimba, University of Malawi Intimate partner violence starts early. Around one in four girls aged between 15 and 19 worldwide have already been subjected to physical or sexual violence. Girls who experience abuse in their childhood face increased and disproportionate levels of intimate partner violence later in life. Pregnant and parenting girls are even more exposed […] todayApril 8, 2024 8
insert_link Africa CFA franc: conditions are ripe for replacement of the west African currency rooted in colonialism – expert By Kai Koddenbrock, Bard College Berlin At no point in history has the CFA franc – the name of a colonial currency used in west and central African countries belonging to the franc zone – been closer to its demise. Senegal has overwhelmingly voted for leftwing Pastef candidate Bassirou Diomaye Faye (and his former party leader Ousmane Sonko) while the coup governments in Mali, Burkina Faso and Niger […] todayApril 8, 2024 116
insert_link Business / Economics Recent Financial Developments: Namibia’s MetMast Inauguration, Zimbabwe’s Currency Plans, Wall Street Rally, and Crude Oil Surge Namibia's Hyphen Meteorological Mast Inaugurated: President Nangolo Mbumba has officially inaugurated the Hyphen Meteorological Mast and its associated sensor equipment in Tsau //khaeb National Park, near Lüderitz, in the //Kharas region. Standing at 120 meters tall, the MetMasts are equipped with advanced instruments to measure various parameters such as wind, temperature, humidity, and solar irradiation. Zimbabwe Plans to Introduce New Currency: Zimbabwe's central bank announced plans on Friday to replace […] todayApril 8, 2024 20