insert_link Business / Economics 15 May 2024 Morning Biz News: Africa’s Green Hydrogen Initiative, Rand’s Fluctuations, and Oil Price Surge: A Snapshot of Recent Financial Trends As the global economy navigates through various challenges and opportunities, the financial landscape witnesses dynamic shifts influenced by diverse factors ranging from economic policies to natural disasters. Here's a roundup of the latest developments shaping the business world: Africa's Green Hydrogen Pipeline Initiative: President Nangolo Mumba's announcement of a groundbreaking collaboration between Namibia and South Africa marks a significant stride towards sustainable energy development in the region. The partnership, […] todayMay 15, 2024 10
insert_link Namibia XPRIZE Finalists Step Up in Global Fight Against Climate Change XPRIZE has unveiled the 20 finalist teams for the final stage of its Carbon Removal competition, highlighting innovative solutions to tackle the pressing challenge of excess carbon dioxide in the atmosphere. These teams, selected from a pool of over 1,300 applicants worldwide, represent a diverse range of approaches across air, ocean, land, and rocks tracks. Local Ecologist Peter Cuningham. todayMay 15, 2024 17
insert_link Namibia LPM’s Lifalaza Simataa Emphasizes Political Accessibility Through Goreangab Community Outreach Program The Landless People's Movement's Lifalaza Simataa says in the realm of politics, visibility and accessibility are paramount. And for the LPM this one such initiative is the Goreangab Community Outreach program. todayMay 15, 2024 40
insert_link World U.N staffer killed in Gaza, an Indian national The first foreign UN worker killed in Gaza has been identified as an Indian national. 46 year old Waibhav Anil Kale was killed in Gaza when the vehicle he was travelling in came under attack in Rafah. Jody Jacobs reports for us from the United Nations in New York. todayMay 15, 2024 28
insert_link 2 Namibia Approval Secured but Implementation Pending: Pensioner and Child Allowances Await Presidential Ratification Despite clearance from the National Assembly, crucial enhancements to pensioner and vulnerable child allowances, along with tax amendments, remain in limbo pending President Nangolo Mbumba's ratification. Despite an early budget tabled in February, citizens await the realization of these eagerly anticipated changes. Prime Minister Saara Kuugongelwa-Amadhila. todayMay 15, 2024 66 2
insert_link South Africa S.A’s Electoral Commission has authorised over 1.6-million special votes for the upcoming elections S.A's Electoral Commission has authorised over 1.6-million special votes for the upcoming elections. Chief electoral official Sy Mamabolo outlined that one-million special votes will occur at polling stations, and 624-thousand voters visited at home or in places of confinement. Gauteng leads with 335-thousand registered special voters, followed by KwaZulu-Natal with 320-thousand. Mamabolo reiterates that special voting is scheduled for 27 to 28 May from 9 am to 5 pm, ensuring […] todayMay 15, 2024 10
insert_link Namibia Government’s N$1.2 Billion Lifeline Channels Directly to Namcor’s Creditors and Suppliers The government's infusion of N$1.2 billion to stabilize the National Petroleum Corporation of Namibia has taken an unconventional route, bypassing direct cash injection to settle Namcor's debts. Instead, the bailout funds were disbursed directly to Namcor's suppliers and creditors last month, as confirmed by Namcor spokesperson Utaara Hoveka. This strategic move alleviates Namcor's financial burden, providing a crucial lifeline to prevent potential liquidation. The bailout, facilitated by a sovereign guarantee, […] todayMay 15, 2024 19
insert_link World Michael Cohen testimony continues in Donald Trump trial Donald Trump's one-time lawyer Michael Cohen has retaken the stand at his ex-boss's criminal trial in New York, the first of four that the former US President faces as he vies for the Oval Office again. Cohen says he was responsible for paying $130,000 in return for a porn star's silence. Prosecutors allege that was done on behalf of Mr Trump and that he falsified business records to cover-up the […] todayMay 15, 2024 15
insert_link South Africa South Africa’s Health Professionals Collaboration is preparing a legal challenge against the National Health Insurance Bill South Africa's Health Professionals Collaboration is preparing a legal challenge against the National Health Insurance Bill. President Cyril Ramaphosa is set to sign the bill into law. Representing over 25-thousand healthcare workers, the organisation has expressed disappointment, citing ignored submissions and concerns about the bill's constitutionality and impact on patient care. Spokesperson Simon Strachan advocates for a sustainable and patient-centric healthcare system: todayMay 15, 2024 17
