insert_link Business / Economics 10 July 2024 Morning Biz News: Economic Insights: Namibia’s Inflation Trends, Currency Movements, and Market Dynamics Namibia's Inflation Rates Vary Across Regions Amid Nationwide Slowdown The Namibia Statistics Agency recently reported a nationwide slowdown in inflation for June 2024, revealing a varied landscape across the country's three designated zones. While the national average reflects a general easing of inflationary pressures, Zone 1, comprising the Northern regions, and Zone 2, which includes only the Khomas region, experienced slightly higher inflation rates at 4.8%, surpassing the national average. […] todayJuly 10, 2024 22
insert_link Business / Economics Transnet Suspends Operations at Several South African Ports Due to Severe Weather South Africa's logistics firm Transnet announced on Tuesday that it had suspended operations at some ports due to strong winds and waves affecting parts of the country. According to Reuters, the coastal regions, particularly the Western Cape, have faced disruptive rains and violent winds since Sunday. Transnet, already dealing with port backlogs from under-investment in equipment and maintenance, said operations at four of its seven ports—Cape Town, Saldanha, Port Elizabeth, […] todayJuly 10, 2024 9
insert_link South Africa Public Servants Association of South Africa warns of a mass exodus of South African nurses to overseas countries The Public Servants Association of South Africa warns of a mass exodus of South African nurses to overseas countries like Canada, Germany and Ireland for better opportunities. The PSA urges government to improve salaries and working conditions to retain nurses. The association's Claude Naiker says the shortage, worsened by poor support and conditions, threatens healthcare. Naiker adds immediate action is needed to address this crisis, especially with the upcoming National […] todayJuly 10, 2024 13
insert_link World Beryl leaves millions of Texans without power as sweltering heat descends As Texans pick up the pieces after Hurricane Beryl slammed into the Gulf Coast on Monday, they face another, potentially deadlier threat: Millions are without electricity as the heat index soars to 40C. And some officials are warning - it could take two weeks to get everyone back online. Toni Waterman has more from Austin. todayJuly 10, 2024 12
insert_link 2 Namibia National Unity Democratic Organisation to Hold Long-Awaited Congress This Weekend in Windhoek The National Unity Democratic Organisation will host its long-anticipated congress at the Ramatex Centre in Windhoek on July 13-14, 2024. The two-day event will see the election of a new executive team, including the positions of president and secretary-general, as current leaders Utjiua Muinjangue and Joseph Kauandenge are not seeking re-election. Candidates for the presidency include Vetaruhe Kandorozu, Peter Kazongominja, and Joseph Uaraa Uapingene. Kauandenge confirmed that preparations are complete, […] todayJuly 10, 2024 26 2
insert_link South Africa ActionSA in the Eastern Cape is concerned about the financial state of the province In South Africa, ActionSA in the Eastern Cape is concerned about the financial state of the province. An Eastern Cape Socio-Economic Consultative Council report shows the provincial economy entered a recession in the first quarter of this year. More than 77-thousand workers in the province lost their jobs in the first quarter, resulting in an unemployment rate of 42.4-percent. ActionSA’s Athol Trollip says urgent action is needed to turn this […] todayJuly 9, 2024 27
insert_link Africa Ugandan Man Accused of Supporting IS-Aligned Rebel Group According to court documents viewed by Reuters, a Ugandan man facing terrorism charges is accused of aiding the Allied Democratic Forces , which shifted from an uprising in Uganda to operating in Congo since the late 1990s and aligning with Islamic State in mid-2019. Alleged activities include recruiting fighters for the group. todayJuly 9, 2024 7
insert_link World US and Iraqi officials discuss coalition withdrawal U.S. and Iraqi officials have met to discuss security relations and the possible winding down of coalition forces in the country. Roughly 2,500 U.S. troops remain in Iraq to help combat the threat posed by ISIS. William Denselow reports from Baghdad. todayJuly 9, 2024 41
insert_link World Germany’s Scholz Says He’s not worried about Biden’s fitness As a growing number of US democrats voice concerns about the electability of Joe Biden, one key European leader has expressed public confidence in the President. From Berlin, Trent Murray has the details. todayJuly 9, 2024 36