Analyst Talks Examining Of Microprudential Oversight Committee Amid Financial Struggles

Josef Kefas Sheehama, a Business and Economics Researcher, highlighted the pivotal role of Namibia's Microprudential Oversight Committee in managing financial stability. This discussion followed insights from TransUnion revealing that almost half of Namibians face challenges meeting their financial commitments.

July 17, 2024 59

World

Six people found dead in luxury Thai hotel, police exploring possible poisoning

Thai police are investigating the deaths of six foreign nationals whose bodies were found in a room at an upmarket hotel in Bangkok on Tuesday. Authorities are looking for a seventh person in connection with the incident. Laura Westbrook has more..

July 17, 2024 10

World

Iranian plot to assassinate Trump revealed

United States security authorities obtained intelligence in recent weeks of a plot by Iran to try to assassinate Donald Trump. There is, however, no confirmed connection to the man who attempted to kill the former President on Saturday. Benji Hyer reports.

July 17, 2024 27

Business / Economics

17 July 2024 Morning Biz News: “Namibia Economic Update: Kelp Blue License Secured, Rand Strengthens Amid Global Market Dynamics”

In recent developments impacting Namibia's economic landscape, several key indicators and business activities have emerged, reflecting both local and international market trends. Kelp Blue Namibia, led by Managing Director Fabian Shaanika, has secured a significant 15-year commercial license for cultivating Giant Kelp across a sprawling 6,400-hectare offshore site. This milestone not only promises substantial business expansion for Kelp Blue but also underscores its role in enhancing carbon sequestration efforts. On […]

July 17, 2024 18

Business / Economics

Namibia Ranks 9th in Africa for AI Readiness, IMF Report Reveals

According to the 2024 report by the International Monetary Fund, Namibia ranks 9th on the African continent in terms of preparedness for the adoption of Artificial Intelligence.Local Digital Expert Nrupesh Soni weighs in.

July 17, 2024 19

Africa

Renewed Anti-Government Protests in Kenya Result in Fatality

According to Reuters, at least one person was killed as anti-government protests reignited across Kenya on Tuesday. Police clashed with demonstrators demanding President William Ruto's resignation. Despite Ruto withdrawing proposed tax hikes and dismissing most of his cabinet, youth-led protests have persisted. Activists are calling for systemic changes to tackle corruption and improve governance.

July 17, 2024 9

South Africa

South Africa to Intensify Efforts Against Construction Site Disruptions

South Africa's Public Works and Infrastructure minister, Dean Macpherson has announced plans to intensify efforts to combat construction site disruptions through collaboration with law enforcement. The partnership aims to crack down on violence, intimidation, and extortion within the construction sector, to ensure uninterrupted project continuity and safety. Delivering the budget vote, Macpherson says this initiative forms part of broader measures to uphold lawfulness and protect the integrity of infrastructure development: […]

July 17, 2024 14

World

Biden back on campaign trail after Trump shooting

US President, Joseph Biden is back on the campaign trail for the first time since the assassination attempt on former President Donald Trump. Mr Biden is in Las Vegas today, reaching out to minority groups and touting his economic policies — whilst Trump, his rival for the White House, is still basking amongst his most ardent supporters at the Republican National Convention, where he's officially accepted the party's nomination. Benji […]

July 17, 2024 13

Namibia

President Mbumba Emphasizes Ethical Religious Practices in Secular Namibia

President Nangolo Mbumba emphasized the benefits of Namibia being a secular state and cautioned religious leaders against exploiting their followers. During a visit from various religious groups, Mbumba stressed that religious practices should benefit all Namibians, not be used for personal gain or reputation. He highlighted that a secular state allows for an open exchange of ideas and recalled that pre-independence leaders decided the government should respect both church and […]

July 17, 2024 38