insert_link Business / Economics 28 August 2024 Morning Biz News: Namibia’s PPI Declines, Rand Holds Steady, and Oil Prices Dip Namibia's Producer Price Index Declines The Producer Price Index (PPI) for Mining and Quarrying in Namibia experienced a notable decrease, falling to 142.9 basis points in the second quarter of 2024 from 149.1 in the same period last year, according to the Namibia Statistics Agency (NSA). This 6.2-point drop resulted in a deflation rate of 4.2%, a significant shift from the 12.9% inflation rate recorded in the second quarter of […] todayAugust 28, 2024 24
insert_link South Africa South Africa’s 2023-’24 Crime Report Reveals Sharp Increases in Street Robbery, Fraud, and Assault Statistics South Africa's 2023-'24 Victims of Crime Report has revealed significant rises in individual crimes over the past five years. Statistician-general Risenga Maluleke reported that 1.1-million people experienced street robbery, which is a seven-percent increase. Consumer fraud affected 700-thousand people, up 16-percent, while assault cases rose by 26-percent to 650-thousand. Maluleke also warns that hijacking and sexual assault saw substantial increases: todayAugust 28, 2024 17
insert_link World Harris & Walz agree to first joint interview US presidential hopeful Kamala Harris has agreed to her first sit-down interview since taking over the Democratic ticket from Joseph Biden. It follows weeks of criticism from her Republican rival Donald Trump who has suggested she was scared of facing the media. Nick Harper reports from Washington. todayAugust 28, 2024 16
insert_link Africa Spain to Donate 500,000 Mpox Vaccine Doses to Combat African Outbreak Reports by CNBCAfrica show Spain will donate 500,000 doses of the mpox vaccine, 20% of its stockpile, to address the outbreak in Africa . The Spanish Health Ministry also called on the European Commission to encourage all EU member states to donate 20% of their vaccine stocks. The donation comes as the World Health Organization declared mpox a global public health emergency following an outbreak in the Democratic Republic of […] todayAugust 28, 2024 18
insert_link Business / Economics Trustco Group’s Meya Mining Uncovers 391.45-Carat Diamond in Sierra Leone Trustco Group Holdings announced the discovery of a 391.45-carat diamond by Meya Mining in Sierra Leone's Kono District. Trustco, which holds a 19.5% stake in Meya Mining, highlighted that this is the second major diamond find from the Meya River kimberlite domain. The first significant discovery was a 476-carat diamond in 2017. Like the previous find, the latest diamond, initially weighing 514.99 carats, fragmented into three pieces during recovery. Quinton […] todayAugust 28, 2024 46
insert_link World Trump reaches agreement on Sept 10th Harris debate Former US president Donald Trump says he has reached an agreement to debate his rival Kamala Harris on Sept 10th. Trump's confirmation on his social media site Truth Social suggests the mics will remain muted as they were during his debate with Joseph Biden in June. From Washington, Nick Harper reports. todayAugust 28, 2024 23
insert_link 3 Business / Economics Telecom to Launch 5G Services by 2026, Begins With Infrastructure Upgrades Telecom plans to introduce commercial 5G services in targeted areas by 2026, starting with trial deployments in Otjozondjupa and Omaheke regions in 2025. CEO Stanley Shanapinda announced that the company is upgrading its core network infrastructure and expanding 4G and 4.5G networks to ensure seamless connectivity. Additionally, Telecom is replacing copper lines with fiber optic cables in several areas to improve service quality and combat copper theft. The company has […] todayAugust 28, 2024 12 3
insert_link South Africa S.A’s Public Servants Association Seeks Clarity on Staff Future Amid SOE Reassignments The Public Servants Association of S.A says the Department of Public Enterprises' staff future is unclear after state-owned enterprises were reassigned to various ministries. Eskom has been assigned to the Ministry of Electricity and Energy and the South African Airways is under Transport. The PSA's Claude Naicker asks for clarity in staff transitions as the National State Enterprise Bill is finalised: todayAugust 28, 2024 8
insert_link World Japan accuses China of violating airspace Japan is accusing the Chinese military of violating its airspace. The government says a Y-9 intelligence plane flew over waters in Japan’s Nagasaki region on Monday. From Tokyo, here's Chris Gilbert reporting. todayAugust 27, 2024 13