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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Economic Impact

41 Results / Page 2 of 5

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Business / Economics

Russia Raises Interest Rates to 21% Amid Ongoing Economic Pressures from Ukraine Conflict

Russia's central bank hiked interest rates to 21 percent, taking borrowing costs to their highest level in more than two decades as Moscow's Ukraine offensive triggered rapid price rises at home. The increase takes rates to their highest level since 2003. Despite the high inflation and Western hopes sanctions would cripple the Russian economy, the Kremlin is set to ramp up military spending yet again next year. Analysts say Moscow […]

todayOctober 28, 2024 10

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South Africa

EFF has welcomed the consumer price inflation figures released by Statistics South Africa

In S.A, the EFF has welcomed the consumer price inflation figures released by Statistics South Africa, indicating a further decline from 4.4-percent in August to 3.8-percent in September. This marks the lowest inflation rate since March 2021. The EFF’s, Leigh-Ann Mathys, says this confirms the inflationary pressures faced by the country are not demand-driven, but a result of economic and global challenges that require a different monetary policy approach: Meanwhile, […]

todayOctober 24, 2024 24

Business / Economics

Gates Foundation Report Calls for Targeted Global Health Spending to Save Millions of Children from Malnutrition and Disease

    In its eighth annual Goalkeepers report released today, the Bill & Melinda Gates Foundation urged world leaders to increase global health spending where it is needed most in order to boost children’s health and nutrition, especially in the face of the global climate crisis. The Goalkeepers report, “A Race to Nourish a Warming World,” projects that without immediate global action, climate change will condemn an additional 40 million […]

todaySeptember 17, 2024 14

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Africa

Rating agencies and Africa: the absence of people on the ground contributes to bias against the continent – analyst

    By Misheck Mutize, University of Cape Town   Rating agency Fitch recently warned that the rapid spread of the mpox virus in sub-Saharan Africa could add to the fiscal pressures many countries in the region are already experiencing. The Africa Centres for Disease Control and Prevention and the World Health Organization have declared the latest outbreak of mpox in Africa a health emergency. An epidemic in the Democratic […]

todaySeptember 9, 2024 19

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Local

Groundbreaking ceremony marks a milestone in Capricorn Group’s journey of positive change

    Capricorn Group marked a historic milestone on August 20 with the commencement of construction for a significant new development in Windhoek's central business district. Located next to the Capricorn Group building at the corner of Independence Avenue and Kasino Street, the groundbreaking ceremony represents a transformative journey for the Group’s employees, customers, and the surrounding business community. It also signifies Capricorn Group’s commitment to contributing meaningfully to the […]

todayAugust 20, 2024 20

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Environment

UN chief calls for cooperation on heat wave impact

The United Nations Secretary-General António Guterres is calling for an urgent and concerted effort to strengthen international cooperation to address extreme heat. Guterres says extreme heat is increasingly tearing through economies, widening inequalities, undermining the Sustainable Development Goals and killing people.  

todayJuly 30, 2024 20

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Namibia

Environment Ministry Namibia reports strong increase in tourist arrivals in 2023

The Ministry of Environment, Forestry and Tourism has released the Annual Tourist Statistics Report for 2023, highlighting a significant rise in tourist arrivals in Namibia. Notably, the African market emerged as the leading contributor, accounting for 71.8% of total arrivals. During the report's launch, Environment Minister Pohamba Shifeta acknowledged ongoing challenges faced by the tourism industry, including global economic conditions, climate change, and security concerns. He emphasized the need to […]

todayJuly 15, 2024 75

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South Africa

Don’t leave workers behind in green transition: SAfrica president

      This afternoon, South Africa's President Cyril Ramaphosa reaffirmed the nation's commitment to transitioning towards renewable energy but insisted that communities and workers must not lose out. Africa's most industrialised economy is one of the world's largest greenhouse-gas emitters, relying on coal for 80 percent of electricity generation. The fossil fuel is a bedrock of the economy, employing more than 100,000 people. "We are in reality facing a climate […]

todayJuly 15, 2024 16

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Lifestyle

Emigration: The hidden catalyst behind the rise of the radical right in Europe’s depopulating regions

Smaller towns and villages in Sweden have suffered economically as a result of out-migration. Jonathan Nackstrand/AFP via Getty Images     By Rafaela Dancygier, Princeton University and David Laitin, Stanford University     Earlier this spring, the European Parliament voted to overhaul its immigration policy to more evenly distribute responsibility among member states for managing the arrival of migrants and asylum-seekers. Lurking in the details of the agreement, however, are provisions […]

todayJune 7, 2024 14

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