insert_link Africa Senegal Establishes Expert Commission to Review and Rebalance Oil and Gas Contracts Senegal has formed a commission of legal, tax, and energy experts to reassess and potentially renegotiate its oil and gas contracts in the national interest, as announced by Prime Minister Ousmane Sonko. Reuters says, this move follows President Bassirou Diomaye Faye's election victory in March, who has pledged to audit and, if necessary, renegotiate contracts with foreign operators to better serve Senegal's interests. todayAugust 20, 2024 8
insert_link Business / Economics Walvis Bay Corridor Group Warns Diaspora Transport Sector of Mpox Outbreak The Walvis Bay Corridor Group has issued a warning to the transport and logistics sector abroad about the Mpox outbreak. The group highlights that the outbreak is nearing trading partners in the Southern African Development Community, with cases already reported in the Democratic Republic of Congo and South Africa. Maria Paulus: Marketing and Communications Manager at the group. todayAugust 20, 2024 21
insert_link South Africa AfriForum Applauds Gauteng High Court’s Decision to Block NERSA’s Appeal for Electricity Tariff Hikes AfriForum has welcomed the Gauteng High Court’s decision to block energy regulator NERSA's appeal for municipal electricity tariff hikes. The court deemed the planned increases unlawful, rejecting NERSA's application. AfriForum’s Morné Mostert emphasises the need for municipalities to submit cost-of-supply studies to justify tariff hikes. He says the court ordered that unauthorised rates be reverted pending submissions reviews: todayAugust 20, 2024 17
insert_link World Blinken pushing for peace, amid concern of increasing violence in Middle East U.S. Secretary of State Antony Blinken is in Israel pushing for a peace deal with Hamas. He says this is the best, and possibly last opportunity ... but distance remains between the two sides. Corresponding for us is Caroline Malone. todayAugust 20, 2024 9
insert_link Business / Economics 20 August 2024 Morning Biz News: Namibia’s Trade Imbalance with Brazil, MTN Group’s Losses, NNPC’s Profit Surge, and Currency Market Updates Namibia’s Trade Imbalance with Brazil Namibia imported goods worth N$789 million from Brazil in 2023, predominantly poultry meat and raw sugar, according to recent data from the Namibia Chamber of Commerce and Industry (NCCI). In contrast, Namibia’s exports to Brazil amounted to only N$13 million, indicating a substantial trade imbalance. NCCI Vice President Patty Karuaihe-Martin emphasized the stark disparity in trade figures, which highlights the need for more balanced trade […] todayAugust 20, 2024 14
insert_link Namibia Omaheke Region Records 800 Malnutrition Deaths Since 2022 Says Governor Omaheke governor Pijoo Nganate reported that nearly 800 people have died from malnutrition in the region since 2022, with 30,219 cases recorded in the same period. During his state of the region address, Nganate highlighted 14,774 new malnutrition cases in the 2022/2023 financial year alone. He also noted the establishment of a partnership with the South African HeadStart Kids Trust to address the region's ongoing drought and malnutrition crisis […] todayAugust 20, 2024 29
South Africa ANC in Gauteng Unveils New Tool to Combat Illegal Land Occupations To South Africa, where the ANC in Gauteng has introduced a new land invasion monitoring tool aimed at preventing illegal land occupations. This initiative aims to tackle land invasions by offering a structured method to monitor and address unauthorized land occupations promptly. Following the conclusion of the provincial executive committee lekgotla, ANC provincial secretary, Thembinkosi Nciza told the media that the tool reinforces the party's commitment to maintaining order and […] todayAugust 20, 2024 10
insert_link World Former US lawmaker George Santos pleads guilty to corruption charges Former US Representative George Santos pleaded guilty to criminal corruption charges on Monday. The disgraced New York lawmaker appeared in a Long Island court where he admitted wire fraud and aggravated identity theft. In a statement, prosecutors said his "flagrant and disgraceful conduct has been exposed and will be punished". Santos could now face time behind bars. Here's our Sally Patterson with more. todayAugust 20, 2024 14
insert_link Business / Economics Namibia Oil & Gas Conference Kicks Off Today in Windhoek The 2nd edition of the Namibia Oil & Gas Conference begins today in Windhoek and runs until August 22. The event gathers industry leaders, policymakers, and energy experts from around the world to discuss the future of energy, technological advancements, and sustainable practices within the oil and gas industry. Lüderitz Mayor, Phillipus Balhao is a speaker at the conference. todayAugust 20, 2024 36
