insert_link South Africa Eskom Justifies Power Station Shutdown Delays to S.A’s Climate Commission Eskom has reassured the South African Presidential Climate Commission that delaying the shutdown of several power stations is necessary. CEO, Dan Marokane told the commission that postponing the decommissioning of Camden, Hendrina, and Grootvlei coal-fired stations until 2030 will cost the utility between 85 and 90 billion rand. Despite the substantial costs, Marokane insists the delays are essential to maintain energy supply. today10 June, 2024
insert_link World Open AI launch new safety team despite calls for external review Progressive tech company Open AI has formed its own safety team led by CEO Sam Altman. It comes as debate heats up over whether AI companies should be left to regulate themselves, or if governments need to get involved. As Caroline Malone reports. today29 May, 2024
insert_link Namibia Communications Regulatory Authority Pursues Tax Reductions for Cheaper Telecom Services Emilia Nghikembua, CEO of the Communications Regulatory Authority , announces a taxation study aimed at engaging the government to reduce taxes in the telecom sector. The goal is to make data and phone calls more affordable. Cran is also conducting a pricing study for voice clips, SMSes, and data to determine mobile service prices, with regulations to follow once completed. Stakeholder engagements have begun, with some licensees already reducing prices. […] today26 April, 2024
insert_link Namibia Otjiwarongo Municipality Faces Leadership Vacuum as Top Executives Resign The Otjiwarongo Municipality is set to operate without key strategic executives, including a chief executive officer, effective Friday, following the resignation or early retirement of all its top five executives. This information was disclosed by Godhardt Hoko, chairperson of the management committee. The departures of these executives occurred between March 2023 and April 2024, leaving critical positions such as CEO, strategic executive for finance, human resources, technical, and community and […] today23 April, 2024
insert_link Local Celebrating legal excellence: Trustco insurance empowers namibian law students In the spirit of championing legal brilliance, Trustco Insurance proudly upholds its tradition of over 22 years by continuing to bolster the dreams of aspiring legal minds in Namibia. Through its flagship Legal Shield product, Trustco Insurance reaffirms its commitment to nurturing future legal luminaries. For the academic year of 2024, Trustco Insurance is proud to announce its bursaries for two deserving law students from the University of Namibia. […] today14 March, 2024
insert_link South Africa Transnet Welcomes Michelle Phillips as New CEO and Nosipho Maphumulo as CFO South Africa's Public Enterprises Minister, Pravin Gordhan, has appointed Michelle Phillips as the new CEO of Transnet. With over 20 years of experience at the state-owned entity, Phillips previously served as the acting CEO following high-level resignations last year. Additionally, has been appointed as Transnet's Chief Financial Officer. Minister Gordhan expresses confidence that these appointments will steer the entity strategically and facilitate the execution of ongoing reforms, according to department […] today29 February, 2024
insert_link Namibia Grootfontein Municipality Under Fire for Controversial N$2.9 Million Payout to Former CEO The Grootfontein Municipality has come under scrutiny as it faced criticism for its decision to pay its former Chief Executive Officer, Kisco Sinvula, a substantial amount of N$2.9 million. A council member in the north-eastern town condemned the move, labeling it as a wasteful expenditure of public funds. This settlement is part of a series of negotiated deals, totaling approximately N$9 million, that the municipality has been entangled in since […] today30 January, 2024