insert_link Business / Economics 20 August 2024 Morning Biz News: Namibia’s Trade Imbalance with Brazil, MTN Group’s Losses, NNPC’s Profit Surge, and Currency Market Updates Namibia’s Trade Imbalance with Brazil Namibia imported goods worth N$789 million from Brazil in 2023, predominantly poultry meat and raw sugar, according to recent data from the Namibia Chamber of Commerce and Industry (NCCI). In contrast, Namibia’s exports to Brazil amounted to only N$13 million, indicating a substantial trade imbalance. NCCI Vice President Patty Karuaihe-Martin emphasized the stark disparity in trade figures, which highlights the need for more balanced trade […] todayAugust 20, 2024 19
insert_link Namibia Omaheke Region Records 800 Malnutrition Deaths Since 2022 Says Governor Omaheke governor Pijoo Nganate reported that nearly 800 people have died from malnutrition in the region since 2022, with 30,219 cases recorded in the same period. During his state of the region address, Nganate highlighted 14,774 new malnutrition cases in the 2022/2023 financial year alone. He also noted the establishment of a partnership with the South African HeadStart Kids Trust to address the region's ongoing drought and malnutrition crisis […] todayAugust 20, 2024 42
South Africa ANC in Gauteng Unveils New Tool to Combat Illegal Land Occupations To South Africa, where the ANC in Gauteng has introduced a new land invasion monitoring tool aimed at preventing illegal land occupations. This initiative aims to tackle land invasions by offering a structured method to monitor and address unauthorized land occupations promptly. Following the conclusion of the provincial executive committee lekgotla, ANC provincial secretary, Thembinkosi Nciza told the media that the tool reinforces the party's commitment to maintaining order and […] todayAugust 20, 2024 14
insert_link World Former US lawmaker George Santos pleads guilty to corruption charges Former US Representative George Santos pleaded guilty to criminal corruption charges on Monday. The disgraced New York lawmaker appeared in a Long Island court where he admitted wire fraud and aggravated identity theft. In a statement, prosecutors said his "flagrant and disgraceful conduct has been exposed and will be punished". Santos could now face time behind bars. Here's our Sally Patterson with more. todayAugust 20, 2024 34
insert_link Business / Economics Namibia Oil & Gas Conference Kicks Off Today in Windhoek The 2nd edition of the Namibia Oil & Gas Conference begins today in Windhoek and runs until August 22. The event gathers industry leaders, policymakers, and energy experts from around the world to discuss the future of energy, technological advancements, and sustainable practices within the oil and gas industry. Lüderitz Mayor, Phillipus Balhao is a speaker at the conference. todayAugust 20, 2024 43
insert_link Business / Economics Oil and Gas Conference Starts Today The second Namibia Oil and Gas Conference opens today in Windhoek, continuing until August 22. Organized by the Economic Association of Namibia with backing from several partners, including the National Petroleum Corporation of Namibia and the Ministry of Mines and Energy, the event will discuss the oil and gas sector's potential, opportunities, and risks. Chairperson of the Economic Association of Namibia, Jason Kasuto. todayAugust 20, 2024 19
insert_link South Africa South Africa’s Minister of Employment has acknowledged report showing an increase in unemployment South Africa's Minister of Employment and Labour, Nomakhosazana Meth, has acknowledged Statistics South Africa's second quarter report showing an increase in unemployment from 32.9-percent to 33.5-percent. Spokesperson Teboho Thejane says there are ongoing government interventions and partnerships with business to address economic challenges. He highlighted efforts to preserve jobs and support youth employment through initiatives like the Presidential Youth Employment Initiative: todayAugust 19, 2024 22
insert_link Namibia Director of the Namibia Institute For Democracy Say There Is Support For Persons with Disabilities Naita Hishoono, Director of the Namibia Institute for Democracy, highlighted the support available for people with disabilities. Hishoono noted that several organizations offer assistance to the visually impaired and those with other challenges. todayAugust 19, 2024 23
insert_link Namibia Katutura Residents’ To Meet At City of Windhoek Over Billing Disputes Shaun Gariseb from the Katutura Residents' Committee announced a meeting with the City of Windhoek to address concerns over billing errors and discrepancies. The visit follows the city's admission of fraudulent billing practices and issues with their water estimation formula. The committee aims to verify accounts and clarify billing problems, not to seek debt write-offs. Residents affected by the billing issues are invited to attend. todayAugust 19, 2024 31