insert_link Namibia Competition Commission Says Settlement Reached Over Unapproved Merger The Competition Commission has reached a settlement with Fan Qingmei, Wang Zhongke, Hong Xiang Holdings, and Whale Rock Cement. The agreement follows an investigation revealing that these parties violated regulations by implementing a merger without the Commission's prior approval. Zhongke acquired shares in Hong Xiang Holdings from Qingmei, which holds a 70% stake in Whale Rock Cement and controls the company.The commission's, Dina //Gowases. t todayAugust 2, 2024 41
insert_link World Russia, West hold largest prisoner exchange since the Cold War In the largest prisoner exchange since the Cold War, the US, Germany, Slovenia, and Russia agreed to swap 26 individuals in Ankara, Turkey. Moscow received 10 Russians accused of espionage and other crimes in the West, including two children of a convicted Russian couple in Slovenia. In return, Russia released 13 individuals with German, US, and Russian citizenship. Daria Bondarchuk reports from Moscow. todayAugust 2, 2024 17
insert_link Namibia Voter Registration in Kunene Region Exceeds Expectations Despite Challenges Voter registration in the Kunene Region has proceeded smoothly, overcoming challenges such as displaced farmers seeking grazing for cattle in drought-affected areas, according to ECN's Kunene regional electoral officer, Mike Nganjone. As the registration deadline approached, a rush of people registered for the upcoming Presidential and National Assembly elections in November. Over the past two months, the region has achieved over 92% registration of eligible voters, with some constituencies exceeding […] todayAugust 2, 2024 35
insert_link Business / Economics 25 July-1 2024 August Weekly Economics Wrap: Telecom Namibia’s Major Upgrade, Rand Strengthens, Shoprite Growth, and Global Financial Updates Namibian Telecom Sector Gets a Boost UCOM and BDQ Mobile Network Solutions have launched a 10-year partnership to rejuvenate Namibia’s third mobile phone operator. According to The Brief, BDQ, in collaboration with American-based VANU Technology, will introduce cutting-edge telecommunications infrastructure to enhance service quality across the nation. Telecom Namibia has also made headlines by activating the Equiano subsea cable. This major development promises to significantly improve internet connectivity with […] todayAugust 1, 2024 17
insert_link World India China agree to advance border negotations India and China say they will speed up negotiations to resolve their border dispute after the 30th round of talks on the issue. This comes just a week after foreign ministers from the two countries met in Laos. The Asian neighbors have been locked in a border standoff for over four years now. Ishan Garg has more from New Delhi. todayAugust 1, 2024 26
insert_link Business / Economics Weekly Economics Wrap: 25 July – 1 August 2024: Telecom Upgrades in Namibia, Rand Strengthens, and Global Market Highlights Namibian Telecom and Connectivity Upgrades UCOM and BDQ Mobile Network Solutions have announced a significant 10-year partnership aimed at revitalizing Namibia’s third mobile phone operator. BDQ, in collaboration with American-based VANU Technology, will deploy advanced telecommunications infrastructure to enhance service quality. In related news, Telecom Namibia has successfully activated the Equiano subsea cable. This major development promises to greatly improve internet connectivity with 12 fiber pairs and a design […] todayAugust 1, 2024 21
insert_link Namibia Government Pledges Support at 14th Eenhana Expo At the 14th Eenhana Trade and Business Expo, Minister Christine ||Hoebes reaffirmed government support for farmers, households, and livestock, urging those in need to seek assistance from regional offices. The expo, focused on economic development, aims to empower local businesses. Town Mayor Omri-Onn Kavandje emphasized its importance for introducing new business strategies and aligning with national goals. Main sponsor Ali Dharani announced job creation and investment plans in the Ohangwena […] todayAugust 1, 2024 18
insert_link South Africa S.A Union Calls for SALGA to Return to Negotiation Table with Improved Wage Offer for Municipal Workers Municipal union Samwu says the South African Local Government Association must return to the negotiating table with a revised wage offer that truly benefits municipal workers. The union has rejected Salga’s 3.75-percent wage hike and is demanding an eight-percent increase. The association is representing the country’s municipalities. The third round of negotiations is scheduled for the 12th to the 16th of this month. Samwu’s Dumisane Magagula says workers are prepared […] todayAugust 1, 2024 24
insert_link Namibia ||Kharas Governor Calls for Inclusive TVET Reforms ||Kharas Region Governor, Aletha Frederick, at a consultative meeting in Keetmanshoop organized by the Namibia Training Authority, emphasized the need for a responsive and inclusive education system. She advocated for the development of formal pathways in the technical, vocational, education, and training sector to better align with labor market demands and ensure equitable access to quality education for all Namibians, including marginalized communities. NTA TVET Standard Manager Amon Haufiku pointed […] todayAugust 1, 2024 19