insert_link Africa ANC vows to fight against electricity tariff increases South Africa's African National Congress has announced its opposition to any increase in electricity tariffs. During a media briefing at the ANC's national executive committee meeting in Boksburg, Economic Transformation Committee chairperson Mmamaloko Kubayi said electricity must remain affordable. todayOctober 28, 2024 11
insert_link Local Kraatz welcomes university of Namibia students for an immersive learning experience Kraatz, a proud subsidiary of the Ohlthaver & List (O&L) Group of Companies, recently hosted a group of 3rd and 4th-year Civil Engineering students from the University of Namibia (UNAM) at its Walvis Bay headquarters. This initiative, in alignment with O&L’s Vision 2029 and their core values of being authentic, caring, and passionate, underscores Kraatz’s commitment to fostering local talent and contributing to Namibia’s sustainable development. The visit […] todaySeptember 5, 2024 10
insert_link Africa Ruto’s historic US visit faces scrutiny over domestic issues Kenya's President William Ruto is set to embark on a historic state visit to the US on 23 May 2024, marking the first visit by an African leader since Ghana’s John Kufuor in 2008. This visit underscores Ruto’s growing influence in the West and his role as a prominent voice for Africa. Since his election as president in 2022, Ruto has elevated his international profile through advocacy on climate issues […] todayMay 20, 2024 8
insert_link Business / Economics Transforming Namibia’s economy with effective trade and industrial Policies Opinion Piece by Josef Kefas Sheehama The political climate in Namibia is among the African most tranquil and stable. In order enhance Namibia's potential growth rate, reforms must be put in place for the country's economy to continue on a sustainable path. One of the main obstacles to Namibia's industrial development, especially for small and medium-sized businesses, has been a lack of human and financial resources. Because institutions […] todayApril 11, 2024 17
insert_link Opinion Pieces China’s high-quality development presents new opportunities for Namibia’s modernization By Josef Kefas Sheehama As the world economy is facing a tough situation in 2023, with probably tougher prospects for 2024, China’s economic outlook carries global significance. China’s modernization stride will inject more certainty into the global economy. As Namibia's projected economy to 3.9% expansion in 2023 and a 3.4% growth in 2024, according to the Bank of Namibia's Economic Outlook, the smart partnership with China will elevate Namibia’s […] todayDecember 15, 2023 35
insert_link Africa Zimbabwe’s Mthuli Ncube wins Best Finance Minister award Zimbabwe’s Finance minister Mthuli Ncube has been awarded the title of Best African Finance Minister of the Year by Reputation Poll International. The BBC reports that Ncube expressed gratitude for the award, saying it acknowledges the efforts of his ministry and the Treasury team in spearheading the transformation of the economy. Despite ongoing economic challenges, including an estimated 85% unemployment rate, the award was met with criticism from Zimbabwean activist […] todayDecember 12, 2023 53
insert_link Africa African countries lost control to foreign mining companies – the 3 steps that allowed this to happen By Ben Radley, University of Bath Within a few years of independence, African governments asserted sovereignty over their metal and mineral resources. Prior to this, the resources were exploited by European mining corporations. Since the 1990s, transnational corporations have once again become the dominant force as owners and managers of major mining projects. Ben Radley has researched economic transformation in central Africa, with a particular focus on resource-based industrialisation. He […] todayDecember 4, 2023 9