insert_link Business / Economics February 2024 Vehicle Sales Stable Year-on-Year, Surge Month-on-Month In February 2024, total new vehicle sales remained steady, reaching 1,102 units, almost matching the figures from the previous year, which stood at 1,103 units. This represents a slight contraction of 0.1% year-on-year but marks a significant increase of 16.0% month-on-month. Economist Halleluya Ndimulunde from Simonis Storm provides insights. todayMarch 20, 2024 39
insert_link Business / Economics How do airplanes fly? An aerospace engineer explains the physics of flight U.S. airlines carry more than 800 million passengers per year. Lasha Kilasonia/iStock via Getty Images Plus By Craig Merrett, Clarkson University Curious Kids is a series for children of all ages. If you have a question you’d like an expert to answer, send it to curiouskidsus@theconversation.com. How do airplanes fly? – Benson, age 10, Rockford, Michigan Airplane flight is one of the most significant technological achievements of the 20th […] todayMarch 19, 2024 46
insert_link Business / Economics Donor-advised funds: US regulators are scrambling to catch up with the boom in these charitable giving accounts DAFs more or less operate as a mini foundation. Wong Yu Liang/Moment via Getty Images By Brian Mittendorf, The Ohio State University A revolution in charitable giving is underway due to the growth of donor-advised funds in the United States. Known widely as DAFs, these financial accounts are designated for charitable giving. Donors can get an immediate tax deduction by putting money or other assets into the accounts, […] todayMarch 19, 2024 5
insert_link Business / Economics 19 March 2024 Morning Biz News: Bannerman Energy’s Etango Uranium Project Shows Promise in Scoping Study, Nvidia Unveils Next-Gen Chip, and South African Rand Faces Volatility Amid Economic Data Bannerman Energy Unveils Promising Results from Etango Uranium Project Scoping Study Bannerman Energy, a prominent player in the uranium sector, has recently disclosed significant findings from its Scoping Study on the Etango Uranium Project. The study, which delves into the project's potential, presents a compelling narrative for the future of uranium mining and production in Namibia. South African Rand Faces Volatility Amid Economic Data and Central Bank Actions The South […] todayMarch 19, 2024 24
insert_link Business / Economics International Air Transport Association Reports Strong Start for Global Passenger Demand in January 2024 The International Air Transport Association has unveiled data for the January 2024 global passenger demand, signaling a robust beginning for the year. Total demand, measured in revenue passenger kilometers, surged by 16.6%. International demand experienced a notable increase of 20.8%, while domestic demand saw a solid rise of 10.4%. Linden Birns, IATA's Public and Media Relations Advisor, shares further insights. todayMarch 19, 2024 16
insert_link Business / Economics Eises not happy about teachers’ ‘side hustles’ The Ministry of Education, Arts and Culture (MoEAC) director in the Oshikoto Region, Aletta Eises is concerned about the rising trend of teachers conducting their personal business during school hours. Eises during the Oshikoto regional life skills workshop in Omuthiya on Monday said that in most cases, teachers spend school time on their social media platforms marketing their side hustles. She said teachers have minimal time for investing […] todayMarch 18, 2024 10
insert_link Business / Economics Narendra Modi’s economy isn’t booming for India’s unemployed youth. So, why is his party favoured to win another election? By Ian Hall, Griffith University India will soon hold the biggest election ever conducted, starting on April 19 and running through early June. Almost 950 million registered voters will be able to cast ballots to elect the 543 members of the Lok Sabha, the lower house of parliament. The result is not a foregone conclusion, but most analysts expect Narendra Modi’s Bharatiya Janata Party (BJP) to win another […] todayMarch 18, 2024 12
insert_link Business / Economics Private trains to ply South African rail network in commercial revamp By Seth Onyango, bird story agency South Africa is opening its rail network to private train operators in a commercial pivot to revitalise a key component of its transport and logistics infrastructure. It is part of the state-run logistics firm, Transnet SOC Ltd to inject dynamism into the sector, plagued by inefficiencies and maintenance challenges. On Friday, March 15, Transnet published a document laying the groundwork for […] todayMarch 18, 2024 25
insert_link Africa Undersea cables for Africa’s internet retrace history and leave digital gaps as they connect continents By Jess Auerbach Jahajeeah, University of Cape Town Large parts of west and central Africa, as well as some countries in the south of the continent, were left without internet services on 14 March because of failures on four of the fibre optic cables that run below the world’s oceans. Nigeria, Côte d'Ivoire, Liberia, Ghana, Burkina Faso and South Africa were among the worst affected. By midday […] todayMarch 18, 2024 12