insert_link Namibia Namibian Competition Commission Imposes Over N$13 Million Fines on Collusive Insurance Companies The Namibian Competition Commission has fined insurance companies N$13.1 million for collusive practices. The first investigation revealed collusion in setting fixed prices for panel beating services, while the second uncovered restrictive agreements with windscreen retailers. This information comes from Dina //Gowases, Corporate Communications Practitioner at the NaCC. todayMay 7, 2024 47
insert_link World Hamas agrees to a Gaza ceasefire proposal The United States and Israel say they are "reviewing" and "discussing" their respective responses to news that Hamas has approved a ceasefire for Gaza. Hamas has agreed to a deal, put forward by Qatari and Egyptian mediators — but its contents are not fully known, and Israel is yet to officially accept the terms. This breakthrough comes at a pivotal time, just as Israel prepares for a full-scale incursion in […] todayMay 7, 2024 27
insert_link Business / Economics 7 May 2024 Morning Biz News: RWCo GmbH Remains Determined in Ohorongo Cement Acquisition Despite Regulatory Hurdles In the intricate world of business acquisitions, perseverance often defines success. RWCo GmbH, despite facing setbacks in its bid to acquire Ohorongo Cement for a staggering N$2 billion, continues to press forward with determination. The journey has been fraught with challenges, particularly concerning regulatory issues, including complications with the Namibian Competition Commission. However, recent developments indicate that RWCo GmbH remains undeterred in its pursuit. According to insights from The Brief, […] todayMay 7, 2024 22
insert_link Business / Economics EXCLUSIVE: Independent Business And Economics Researcher, Josef Kefas Sheehama on Shell’s Potential Departure from South Africa: Implications and Opportunities As the global economic landscape continues to shift, recent developments have put South Africa and its neighboring countries on high alert. Josef Kefas Sheehama, an Independent Business and Economics Researcher, sheds light on the imminent withdrawal of Shell from South Africa after a remarkable 122-year presence. In a recent interview, Sheehama outlined the potential repercussions and highlighted opportunities for South Africa and Namibia amidst this transition. Sheehama emphasizes the magnitude […] todayMay 7, 2024 30
insert_link Namibia Institute for Public Policy Research ‘s Integrity Namibia Project Hosts Regional Anti-Corruption Conference in Luderitz The Institute for Public Policy Research is launching the third regional anti-corruption conference today in Luderitz as part of its Integrity Namibia project. This initiative aims to establish a nationwide network of non-state actors dedicated to combating corruption in Namibia. The project plans to organize four regional conferences and one national conference by 2025. Here's director-Graham Hopwood. todayMay 7, 2024 30
insert_link South Africa Tragedy Strikes: Two Dead, Dozens Trapped in George Building Collapse In Western Cape Following the collapse of a five-story building under construction along Victoria Street in George, Western Cape, two fatalities have been confirmed. Seventy-five construction workers were present during the incident yesterday afternoon. George Municipality reports that 22 individuals have been rescued and transported to hospitals, with two casualties. A massive rescue operation involving various disaster service units, including police search and rescue teams with sniffer dogs, is underway to extricate the […] todayMay 7, 2024 6
insert_link Namibia Shell’s Potential Exit Sends Shockwaves Through South Africa and Neighbors, Expert Warns of Economic Impact As the global economic landscape continues to shift, recent developments have put South Africa and its neighboring countries on high alert. Josef Sheehama, an expert in corporate governance and economic affairs, offers comment on the potential withdrawal of Shell from South Africa after a remarkable 122-year presence. todayMay 7, 2024 32
insert_link World The Biden Administration is launching a series of high-profile interventions to tackle the issue of increased antisemitism in the United States. The Biden Administration is launching a series of high-profile interventions to tackle the issue of increased antisemitism in the United States. Vice-President Kamala Harris's husband — Second Gentleman Doug Emhoff — hosted Jewish students from half a dozen universities at the White House on Monday to coincide with Yom HaShoah, Israel's day of commemoration for the six million Jews killed in the Holocaust. President Joe Biden is also delivering a […] todayMay 7, 2024 18
insert_link South Africa Democratic Alliance’s Flag Burning Election Ad Draws Social Media Backlash S.A's Democratic Alliance's new elections advert, featuring the burning of the South African flag to warn of an ANC and EFF coalition, has sparked backlash on social media. Former Public Protector Thuli Madonsela criticised it as ill-advised. While burning the flag is not illegal, the advert has been labelled as fear-mongering. DA leader .John Steenhuisen defended the advert, citing existing cooperation between the ANC and EFF in some cities: todayMay 7, 2024 23
