insert_link South Africa ActionSA wants the Human Rights Commission to probe Wesbank for alleged racial discrimination ActionSA says it will be writing to the South African Human Rights Commission to investigate claims made by a former employee of Wesbank. The finance provider has been accused of using a specific system to charge higher interest rates to black clients. WesBank has refuted the allegations of discrimination against customers based on race as alleged. ActionSA’s spokesperson, Lerato Ngobeni, says the covert racism the finance provider represents cannot be […] todayJanuary 24, 2024 22
insert_link World UNSC says a two state solution is the only option in the Middle East Strong calls for a two state solution in the Middle East from the UN Security Council on Tuesday. The council held an open debate on the Israel-Gaza conflict attended by several Foreign Ministers. Jody Jacobs reports from the United Nations. todayJanuary 24, 2024 7
insert_link South Africa Infrastructure South Africa will host the Sustainable Infrastructure Development Symposium 2024 in Cape Town Infrastructure South Africa will host the Sustainable Infrastructure Development Symposium 2024 at the Century City Conference Centre in Cape Town from 17 to 19 March, under the theme “Quality infrastructure for development, recovery and inclusive growth“. The event will unite key stakeholders from South Africa and across the continent to drive infrastructure development, focusing on accelerating economic recovery through strategic plans. The symposium will address regulatory reforms, explore funding models, […] todayJanuary 24, 2024 8
insert_link Health / Medical Johanna “Joey” Mushelenga’s Project 1000 Pads: Empowering Girls Through Sanitary Product Donations 24 January 2024/Leonard Witbeen Johanna Mushelenga, founder of Project 1000 Pads, the initiative's mission to support vulnerable girl children by providing sanitary products was discussed. The project, established in 2020, aims to address the economic challenges faced by families unable to afford these essential items. Mushelenga expressed her passion for assisting the girl child, emphasizing the emotional moment that inspired her to create Project 1000 Pads. The initiative collects sanitary […] todayJanuary 24, 2024 25
insert_link Business / Economics BUSINESS AND FINANCIALS UPDATE 24 JANUARY 2024 Orano Mining Namibia Contemplates Resuming Operations at Trekkopje Mine Amidst Uranium Price Surge: Orano Mining Namibia is currently exploring potential actions, including the potential resumption of operations at its Trekkopje Mine, driven by the recent upswing in uranium spot prices. The mine, located in the Erongo Region, was placed under care and maintenance in 2013, with the commencement of operations deferred indefinitely, contingent upon the eventual recovery of uranium prices. […] todayJanuary 24, 2024 7
insert_link Interview Transcripts Analyzing Nampower’s Challenges: A Perspective from LPM’s Lazarus Kairabeb Date: January 24, 2024 |Leonard Witbeen In a recent discussion, Lazarus Kairabeb provides insights into pressing issues surrounding Nampower, spotlighted in yesterday's Namibian Sun. The conversation dissects the second term of Codori a Zimbabwean national and an expatriate overseeing Nampawa's finance, with Kairabeb delving into concerns paragraph by paragraph, highlighting the need for transparency and sensitivity from key officials. The dialogue begins with an examination of responses from Mr. Haulofu […] todayJanuary 24, 2024 73
insert_link Namibia NamPower MD Simson Haulofu Criticized for Retaining Zimbabwean National and Failure to Identify Successor Simson Haulofu, NamPower's Managing Director, faced criticism for retaining a Zimbabwean national in the utility's Finance department. Haulofu and Martha Mbombo, the board chairlady, are alleged to have spent five years implementing a directive, yet at the term's end, failed to identify a successor. Furthermore, they proudly announced their refusal to discuss employee matters in the media. Lazarus Kairabeb, representing the Landless People's Movement, shared the following thoughts on the […] todayJanuary 24, 2024 42
insert_link Business / Economics Namibia’s Annual Inflation Moderates to 5.3% in December 2023 In December 2023, Namibia experienced a moderation in its annual inflation rate, standing at 5.3% year-on-year. This represented a slowdown from the 5.7% year-on-year figure observed in November 2023 and a more substantial decline from the 6.9% recorded the previous year. FNB Namibia Economist, Ruusa Nandago, provides insights into what can be anticipated regarding inflation for the year 2024. todayJanuary 24, 2024 28
insert_link South Africa SA Electricity Minister says the energy outlook is set for improvement with the return of Koeberg unit SA Electricity Minister Kgosientsho Ramokgopa says the energy outlook is set for improvement with the return of Koeberg unit one to the grid, ensuring a substantial boost of at least 27 additional megawatts. Unit one was successfully synchronised in November last year, following an extended outage, which signifies a positive step towards enhancing energy resilience. Briefing the media on the Energy Action Plan, Ramokgopa anticipates a notable reduction in load-shedding […] todayJanuary 24, 2024 8