insert_link Africa Sudan Conflict Displaces Over 10 Million, Worsens Hunger Crisis Reuters compiled this reports on the International Organization for Migration reporting on Tuesday that more than 10 million Sudanese, or 20% of the population, have been displaced since the conflict began in April 2023. This marks the world's largest displacement crisis. The ongoing war has left half of Sudan's 50 million people facing a hunger crisis and in urgent need of humanitarian aid. todayJuly 17, 2024 10
insert_link World UK Government To Lay Out Policy Goals In State Opening Of Parliament In the UK, the state opening of Parliament is taking place later to mark the official start of the new government's time in office. The ceremonial event is a chance for newly appointed Prime Minister Keir Starmer to lay out some of the key policies for the coming months. John Bevir (beaver) reports. todayJuly 17, 2024 6
insert_link Business / Economics TransUnion Study Shows Financial Optimism Among Namibians Despite Current Challenges A recent TransUnion Quarter 2 Consumer Pulse Study for this year reveals that while Namibian households continue to face financial difficulties, there is optimism about future income prospects. The study indicates that 38% of consumers experienced stagnant incomes and 34% faced decreases, while 28% reported increases. Despite high inflation averaging 5.9% in 2023, 81% of consumers, particularly younger generations, remain hopeful about their financial future. todayJuly 17, 2024 18
insert_link Interview Transcripts INTERVIEW: Understanding Microprudential Oversight: Insights from Business and Economics Researcher Josef Kefas Sheehama In a recent discussion, Josef Kefas Sheehama delved into the critical role of the Microprudential Oversight Committee (MOC) in Namibia's financial landscape. Addressing key concerns raised by recent reports, Sheehama underscored the committee's pivotal function in safeguarding financial stability amidst economic challenges. The conversation was sparked by findings from TransUnion indicating that nearly 49% of Namibians struggle to meet their financial obligations. Sheehama emphasized that such statistics underscore the urgency […] todayJuly 17, 2024 9
insert_link South Africa S.A’s Automobile Association reports minor changes in fuel prices for next month S.A's Automobile Association reports minor changes in fuel prices for next month, with mid-month data indicating slight decreases, with 95-octane petrol down seven-cents per litre and 93-octane petrol down four-cents per litre. Diesel prices may slightly go down by one-cent per litre. While illuminating paraffin could increase by approximately six-cents per litre. The Association’s spokesperson Eleanor Mavimbela says despite decreases, high fuel prices persist, urging a review of the fuel […] todayJuly 17, 2024 10
insert_link Namibia 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. todayJuly 17, 2024 45
insert_link 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.. todayJuly 17, 2024 7
insert_link 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. todayJuly 17, 2024 26
insert_link 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 […] todayJuly 17, 2024 16
