Africa Cultural wealth can drive economic growth in African cities By Bonface Orucho, bird story agency With the right policies, African cities hold immense potential to drive significant economic growth by capitalizing on their rich cultural heritage and harnessing the creativity of their youthful populations, according to a new report. “Africa’s urban landscapes are not just repositories of heritage and tradition; they are dynamic centres of innovation, awaiting the right policies to support unlocking their full potential,” the […] todayMarch 25, 2024 24
insert_link South Africa Cape Town Mayor Condemns 540-Million-Rand Funding Cut in National Budget Cape Town Mayor Geordin Hill-Lewis strongly condemns a 540-million-rand cut in national funding to the city over the next two years. The reduction is part of nationwide cuts announced by Finance Minister Enoch Godongwana in the national budget speech on Wednesday. Hill-Lewis expresses concern that Cape Town will receive 52-million-rand less than forecasted in last year's national budget for infrastructure grants related to housing, basic services, and informal settlement upgrading. todayFebruary 23, 2024 8
insert_link South Africa Green Point “Tent City”: Homeless camp’s days are numbered People have been occupying this site in Green Point for more than five years. It sprung up during the Covid pandemic when many people lost their jobs. Text by Matthew Hirsch and photos by Ashraf Hendricks via GroundUp For weeks the homeless community in the tent camp near the tennis courts in Green Point have been holding their breath, awaiting eviction. At one time there were about a hundred people living […] todayFebruary 20, 2024 6
insert_link Namibia Namibia’s Abundant Mineral Wealth and Renewable Resources Spotlighted at ‘Investing in Africa’ Mining Indaba Namibia's Consul General in Cape Town, Selma Nghinamundova, representing Mines and Energy Minister Tom Alweendo, emphasized the nation's significant mineral wealth during the 'Investing in Africa' Mining Indaba. She underscored Namibia's standing as a key player in the global market for sought-after minerals, including lithium, graphite, cobalt, and rare earth metals crucial to green technologies. Nghinamundova also highlighted Namibia's rich natural wind and solar resources. todayFebruary 8, 2024 13
insert_link South Africa Cape Town Mayor Calls for Collaboration with National Government to Accelerate Passenger Rail Devolution Cape Town Mayor Geordin Hill-Lewis has expressed the city's readiness to collaborate with the national government in expediting the devolution of passenger rail services. Mayor Hill-Lewis highlighted President Cyril Ramaphosa's previous commitment to releasing the Rail Devolution Strategy last year, expressing concern about the delay. The mayor pointed out that the city's rail feasibility study indicates potential annual savings of 932 million rand for lower-income families through the implementation of […] todayFebruary 8, 2024 8
insert_link Namibia Solar Century Africa and SolNam Energy Secure License for 60 MWp Solar Project Solar Century Africa Limited and SolNam Energy have received their updated generation license from the Electricity Control Board for the SolNam 60 MWp solar project near Keetmanshoop. The joint development agreement, signed early last year, has progressed with secured land, environmental clearance, and a target financial close in 2024. Pinehas Mutota, the General Manager of Economic Regulations at ECB, provides insights on the license. todayFebruary 8, 2024 29
insert_link Namibia Namibia Showcases Mining Opportunities at “Invest in Africa” Indaba Namibia highlighted mining opportunities at the "Invest in Africa" Mining Indaba in Cape Town. Presentations covered sustainable practices, and a panel discussed Namibia's readiness for mineral value addition. Riaan Kazondunge, Noronex Limited's Exploration Manager, emphasized mining sector employment opportunities. todayFebruary 8, 2024 29
insert_link Namibia Namibian delegation joins mining indaba in Cape Town The 30th Mining Indaba is underway in Cape Town. A Namibian delegation is also attending the Indaba which connects young mining professionals with industry leaders and investors at. Here is the Ministry of Mines and Energy spokesperson, Ten Hasheela. todayFebruary 5, 2024 45
insert_link Business / Economics Cape Town to mint 6,100 new millionaires in projected wealth boom By Seth Onyango, via bird story agency Cape Town is forecast to become the fourth fastest-growing wealth hub per capita among the BRICS states, according to new insights from Henley & Partners (H&P). The picturesque city is forecast to add 6,100 millionaires over the next ten years, over and above the current 7,400, representing an 85% jump. "It is currently benefiting from the ongoing ‘semigration’ of large numbers […] todayFebruary 1, 2024 25
