insert_link Business / Economics Namibia Breweries Contributes N$2.4 Billion to Economy and Expands Global Presence Namibia Breweries Limited has contributed N$2.4 billion to the local economy through corporate taxes, customs duties, and excise fees reports The Brief. In the past year alone, the company paid N$800 million in corporate taxes and N$1.6 billion in customs and excise duties. NBL's beer exports reached N$747 million in 2023, reflecting its global competitiveness. Additionally, NBL was a major driver of foreign direct investment, with Heineken increasing its shareholding […] todayAugust 23, 2024 11
insert_link Namibia Local Researcher Criticizes National Development Plan 6 for Overlooking Uranium And Sustainable Energy Solutions Local Economic and Business Researcher, Josef Sheehama says Namibia's National Development Plan 6 is not inclusive of sustainable energy solutions pertaining to Uranium and Nuclear Power Plants for Namibia's energy independence. todayAugust 23, 2024 16
insert_link Health / Medical UK Regulator Rejects Alzheimer’s Drug for NHS The UK health regulator has ruled out offering a much-anticipated Alzheimer drug to patients on the National Health Service after concluding the costs of the drug outweighed its benefits. But having passed safety tests, 'Lecanemab' could still be available privately for those able to pay tens of thousands of dollars per year for private treatment. Here's Stuart Smith with more from London. todayAugust 23, 2024 13
insert_link South Africa South African Coalition Urges Glencore to Stop Coal Exports to Israel, Citing Human Rights Violations The South African Boycott, Divestment, and Sanctions Coalition urges Glencore to halt coal exports to Israel, accusing the mining company of supporting Israel’s military actions. They argue the company is contributing to genocide and illegal occupation in Palestine. The coalition’s Roshan Dadoo calls on the government to impose a total coal embargo to comply with international law and prevent complicity in human rights violations: todayAugust 23, 2024 25
insert_link World Vivek Ramaswamy Criticizes Biden-Harris Administration, Endorses Trump for 2024 Former Republican presidential candidate Vivek Ramaswamy has criticized the Biden-Harris administration for failing to unite the country and endorsed former President Donald Trump as a better option for the White House. He particularly targeted Vice President Kamala Harris, accusing her of opposing popular policies like fracking and private health insurance, and claimed she and her running mate, Governor Tim Walz, lack clarity on their policy positions. todayAugust 23, 2024 25
insert_link Business / Economics Competition Commission Approves Dundee-Sinomine Merger with Employment Conditions The Competition Commission has approved the merger between Dundee Precious Metals Tsumeb Holdings and China’s Sinomine Resource Group, provided there are no retrenchments of Namibian employees for three years. The companies must also maintain a minimum ratio of 92% local employees to foreign employees. NaCC spokesperson: Dina //Gowases. todayAugust 23, 2024 31
insert_link Africa Second-Largest Diamond in History Unearthed in Botswana A 2,492-carat diamond, the second-largest ever found, has been discovered at the Karowe mine in Botswana, operated by Canadian firm Lucara Diamond. The BBC reports that, this remarkable find surpasses Botswana's previous record and is the biggest since the 3,106-carat Cullinan diamond found in South Africa in 1905. Botswana, a leading global diamond producer, continues to make significant contributions to the industry, accounting for about 20% of global production. todayAugust 23, 2024 11
insert_link South Africa South Africa’s Cabinet Urges Men to Sign President Ramaphosa’s Pledge Against Gender-Based Violence South Africa's Cabinet is urging men to sign president Cyril Ramaphosa's pledge against gender-based violence. This call to action is part of government's ongoing efforts to address and eradicate gender-based violence and femicide. Briefing the media, minister in the Presidency, Khumbudzo Ntshavheni, calls on men to foster a culture of respect and accountability, urging them to actively support initiatives to end violence against women and children: todayAugust 23, 2024 2
insert_link Business / Economics 23 August 2024 Moring Biz News: Major Contracts, Interest Rate Debates, Legal Settlements, and Financial Market Updates Savanna Beef Secures Major Contract with GPS Food Group Savanna Beef has landed a significant contract with global food giant GPS Food Group, ensuring a stable market for its products and enhancing its production processes. Announced by Chairperson Mecki Schneider, the agreement, signed on April 30, is set to significantly bolster the company's growth. This partnership marks a major step forward for Savanna Beef, providing valuable support and stability as […] todayAugust 23, 2024 12
