insert_link South Africa ABSA Corporate Investment Banking Halts Funding for New Coal Projects in South Africa In S.A, ABSA Corporate Investment Banking has announced it will not fund any new coal-powered projects. The bank's Msizi Khoza says they instead support financing a balanced energy mix, including projects aimed at making existing coal-powered plants more efficient and environmentally friendly. Khoza highlighted that this approach aligns with their commitment to sustainability: todayJune 28, 2024 17
insert_link Namibia VP Nandi-Ndaitwah Stresses Self-Reliance in Namibia’s Genocide Negotiations with Germany Vice President, Netumbo Nandi-Ndaitwah called for Namibians to recognize the progress in the 1904-1908 genocide negotiations with Germany and advised against depending on external organizations. At the Chiefs Forum in Windhoek, she pointed out the inefficiencies of the international community, referencing the Gaza conflict. In 2021, Namibia and Germany negotiated a declaration acknowledging the genocide and agreeing on 1.1 billion euros in reparations. The deal, now under further negotiation, includes […] todayJune 28, 2024 16
insert_link World Biden v Trump: US Presidential debate Joseph Biden and his predecessor Donald Trump will tonight face-off against one another in the first Presidential debate of this tightly-fought campaign, more than four months before Americans go to the polls. The hotly-anticipated 90-minute head-to-head in the US city of Atlanta is a rematch of when the pair took the stage four years ago. Trump — who's since been charged for inciting an attempted insurrection and become the first […] todayJune 28, 2024 8
insert_link Namibia Trade Minister Urges Certification for HVAC Practitioners by 2025 Trade minister, Lucia Iipumbu has mandated that all heat, ventilation, and cooling sector practitioners in Namibia must be certified by 2025. Speaking during World Refrigeration Day, she stressed that certification will be necessary for handling refrigerants and for participating in tenders. This move aims to enhance safety and protect practitioners. Oshana Governor Elia Irimari supported this, highlighting the sector's importance and the need to address climate change and environmental sustainability. todayJune 27, 2024 11
insert_link South Africa South African National Christian Forum Condemns Forced Abduction to Initiation Schools The South African National Christian Forum condemns the abduction of young men to initiation schools against their will and their parent's wishes, calling it a serious human rights violation. They urge the CRL Commission and Congress of Traditional Leaders of South Africa to address this issue, which is threatening the lives and beliefs of young people. The forum’s president, Marothi Mashashane threatens legal action if this practice continues unchecked: todayJune 27, 2024 33
insert_link World US, Korea and Japan vow strategic cooperation to boost security and economies Commerce and trade ministers from the United States, Japan and South Korea have vowed to cooperate on strategic issues including artificial intelligence safety and semiconductor supply chains. The ministers issued a joint statement underscoring a deepening of trilateral cooperation amid an intensifying China-U.S. rivalry. As our Laura Westbrook reports. todayJune 27, 2024 11
insert_link World US State Department insists Julian Assange put lives at risk through leaks The US State Department reaffirmed that WikiLeaks founder Julian Assange put lives at risk, without detailing how. Assange returned to Australia on Wednesday after pleading guilty to espionage law violations, concluding a 14-year legal battle. He served time in the UK and sought refuge in the Ecuadorian embassy in London to avoid US extradition following a massive leak of classified American documents. As our Benji Hyer reports. todayJune 27, 2024 16
insert_link Namibia Namibia to Host Third Nalafem Summit Under the Theme ‘Women’s Right to Lead Namibia will host the third annual Nala Feminist Collection summit on 1 July, themed ‘Women’s Right to Lead’. Approved by the Cabinet in May 2024, the summit aims to enhance feminist leadership across Africa. Noella Ngunyam, Nalafem's Head of Communications, highlighted Namibia's gender-positive stance and the importance of connecting policymakers with communities. The event will also emphasize intergenerational accountability among women and launch a project to support digital access for […] todayJune 27, 2024 34
insert_link Business / Economics 20-27 June 2024 Weekly Economics Wrap: Global and African Markets in Focus This week in economic news, several key developments have shaped financial landscapes across Africa and globally. Namibian Market Highlights: Savanna Beef Secures N$150 Million for Export Abattoir: Savanna Beef has successfully secured a N$150 million loan to construct an advanced export abattoir. This initiative, spearheaded by the Beef Value Chain Forum and facilitated by Cirrus Capital, aims to enhance Namibia's beef export capabilities, as reported in The Brief. Trustco […] todayJune 27, 2024 16
