insert_link World UN halts World Food Programme conveys in Gaza The World Food Programme has paused the movements of its employees in Gaza until further notice. This after a WFP team came under fire on Tuesday night a few metres from an Israeli checkpoint at the Wadi Gaza bridge. The United Nations has once again called on all parties to the conflict to respect international humanitarian law. Jody Jacobs reports from the United Nations in New York. todayAugust 29, 2024 6
insert_link Business / Economics Air Cargo Demand Surges in July, Marking Strong Year for the Industry The International Air Transport Association's July analysis shows a 13.6% increase in air cargo demand compared to July last year, marking the eighth consecutive month of double-digit growth. The air cargo sector is benefiting from global trade expansion, booming e-commerce, and maritime shipping constraints, setting the stage for a robust year. IATA's Public and Media Relations Advisor, Linden Birns. todayAugust 29, 2024 20
insert_link Business / Economics 29 August 2024 Morning Biz News: Namibian Oil Reserves Boost Local Bonds; MTN’s New Appointments; Dollar Steady; Nvidia Surges Namibian Oil Reserves Drive Local Bond Index Surge The discovery of substantial crude oil reserves in Namibia has ignited interest in Namibian assets, notably boosting an index fund tracking local government bonds. The Exchange Traded Fund, listed on both the Namibian and South African stock exchanges, has surged over 20% in U.S. dollar terms since Galp's announcement in April of the Mopane field potentially holding at least 10 billion […] todayAugust 29, 2024 15
insert_link Africa Fitch Warns Mpox Virus Spread in Sub-Saharan Africa Could Worsen Regional Fiscal Strain Reuters reports that the rapid spread of the mpox virus across sub-Saharan Africa may exacerbate the fiscal challenges already faced by many countries in the region, that's according to a statement by ratings agency Fitch. Earlier this month, the World Health Organization declared mpox a global health emergency after a new strain spread from the Democratic Republic of Congo to neighboring countries. todayAugust 29, 2024 13
insert_link South Africa S.A President Calls for Stronger Government-Business Partnership to Drive Inclusive Growth South Africa's President, Cyril Ramaphosa emphasized the importance of strengthening government-business partnerships to drive inclusive growth. At the Business Unity South Africa annual general meeting, he highlighted the need for collaboration to create jobs, reduce poverty, and invest in technology and renewable energy. Ramaphosa also called for ongoing support in skills training and small business development to promote equitable prosperity and sustainable economic progress for all citizens. todayAugust 29, 2024 7
insert_link Business / Economics Namibia to Host Inaugural Global African Hydrogen Summit in September From 3rd to 5th September, Namibia will host the Global African Hydrogen Summit, the first platform dedicated to unlocking green energy opportunities for African governments. The three-day event will focus on attracting critical investments and financing into bankable green energy projects, promoting Namibia's green hydrogen sector, and positioning Africa as a global green energy hub. Green Hydrogen Commissioner James Mnyupes on expectations: todayAugust 29, 2024 19
insert_link World Fresh details released about Trump shooter The FBI has released new details and photos related to the gunman who shot Donald Trump last month at a campaign rally. The 20-year-old shooter, Thomas Crooks, looked at a number of targets before attempting to assassinate the former US president, according to a briefing. From New York, Sally Patterson reports. todayAugust 29, 2024 5
insert_link Business / Economics Letshego Namibia Reports Strong First-Half Financial Performance with 16% Profit Increase Letshego Holdings Namibia, encompassing Letshego Bank and Letshego Micro Financial Services, has announced impressive financial results for the first half of 2024. The company achieved a 16% increase in profit after tax, reaching N$199 million, and a 14% rise in total revenue, largely due to a 21% growth in interest income. Notable achievements include a successful social listing on the Namibian Stock Exchange and a significant rise in customer deposits. […] todayAugust 29, 2024 10
insert_link South Africa South Africa’s Limpopo Shuts Down Government Offices Over Safety Hazards The Department of Employment and Labour in Limpopo in South Africa has closed several government offices in Bela-Bela, Makhado, and Thohoyandou due to safety concerns, including structural risks and unsafe electrical installations. Teboho Thejane, the department’s spokesperson, announced that Makhado labour centre services will temporarily be available at the Makhado show grounds until next Friday. todayAugust 29, 2024 11
