insert_link Business / Economics 7 August 2024 Morning Biz News: Nedbank’s Avo SuperShop Growth, South Africa’s Refinery Deal, Nigeria’s Oil Production Surge, and Currency Updates Nedbank’s Avo SuperShop Sees Rapid Growth Since its launch in the latter half of 2023, Nedbank’s Avo SuperShop has made significant strides, registering over 1,800 users and featuring more than 3,000 products from 19 merchants. According to Nedbank Group’s unaudited interim results for the six months ending June 30, 2024, both user registration and merchant participation are expected to grow further. The Avo SuperShop offers a digital marketplace for […] todayAugust 7, 2024 23
insert_link Business / Economics Global Air Passenger Demand Up 9.1% in June In June, global passenger demand increased by 9.1% year-on-year, with capacity rising 8.5% and a load factor of 85.0%. International travel surged by 12.3%, while domestic demand grew by 4.3%. IATA's Public and Media Relations Advisor, Linden Birns. todayAugust 7, 2024 17
insert_link Namibia Mining Expo and Conference Commences In The Capital The 11th Mining Expo and Conference begins at the Windhoek Showgrounds, with expectations to surpass last year's event. This year’s theme, "Green Shoots for Namibia’s Mining Industry," focuses on growth opportunities from advancements in uranium, new gold mining projects, and investments in oil and gas, aiming to drive economic expansion. Zebra Kasete, Vice President of the Chamber Mines and Managing Director at DUndeee Precious Metals in Tsumeb. todayAugust 7, 2024 27
insert_link South Africa National Union of Mineworkers of South Africa Credits Eskom Workers for 70% Energy Availability Factor The National Union of Mineworkers of South Africa says Eskom workers are the main contributors to the power utility's energy availability factor of 70-percent, not management. NUMSA’s, Thapelo Malekutu says the union also acknowledges the intervention and commitment made by minister of Electricity Kgosientso Ramokgopa. Malekutu says the working class needs such leaders in these difficult times: todayAugust 7, 2024 19
insert_link Namibia So You Think You’re A Comedian Media Launch Held In Windhoek Savannah So You Think You're A Comedian held its Media Launch event yesterday with support from One Africa TV as well as Fresh and Future Media. Future Media's Shadae Naobes. For the tour Mich !Gaoseb will be the head of the activity and gave his view on wether arts such as comedy actually contributes to economies. todayAugust 7, 2024 15
insert_link World Trump brands Harris Walz ticket “dangerously liberal”…. U.S Republican presidential candidate, Donald Trump has branded his democratic rival's choice as running mate as "dangerously liberal" in a new attack ad. Vice President Kamala Harris has named Minnesota Governor Tim Walz to be her vice presidential pick. Kate Fisher reports from Washington todayAugust 7, 2024 9
insert_link Namibia New National Connection Charge Code to Standardize Power Network Connections The Electricity Control Board is set to replace its National Connection Charge Policy with a legally binding National Connection Charge Code. This change mandates the use of the NCC, ensuring standardized power network connections and charges. The new code will enforce compliance among industry players with national guidelines. ECB's Executive for Economic and Market Regulation, Pinehas Mutota explains. todayAugust 7, 2024 12
insert_link World Political uncertainty in Bangladesh after PM Hasina flees to India Bangladesh has woken up to uncertainty and more violence, a day after Sheikh Hasina resigned and fled the country. Reports suggest she may be in a safe house in Delhi and may soon travel to London, though there's no confirmation yet. Ishan Garg has more. todayAugust 6, 2024 12
insert_link Health / Medical National Health Laboratory Service in South Africa has begun restoring its critical IT services The National Health Laboratory Service in South Africa has begun restoring its critical IT services following a recent cyberattack. Critical services, including laboratory registration and results processing, are being returned online in phases. Healthcare professionals can now access patient results through the NHLS laboratory web results viewer, improving efficiency and reducing backlogs. The laboratory’s spokesperson Mzi Gcukumana says they are safeguarding their IT assets and resuming full-service delivery amid ongoing […] todayAugust 6, 2024 13
