insert_link Business / Economics Bank of Namibia holds repo rate at 7.75% The Monetary Policy Committee of the Bank of Namibia has decided to keep the repo rate unchanged at 7.75 percent, with the prime lending rate holding steady at 11.50 percent. This is the second monetary policy announcement by BoN this year. Governor of the Bank Johannes !Gawaxab. Governor !Gawaxab highlighted that risks to the domestic economic outlook have remained broadly unchanged since the previous MPC meeting, although the conflict in […] todayApril 17, 2024 13
insert_link Business / Economics WTO urges reform amid global economic challenges The World Trade Organization pushed for reform at a high-level ministerial meeting in Abu Dhabi on Monday, warning that economic headwinds and geopolitical tensions are threatening global commerce and multilateral trading systems. The WTO's 13th ministerial conference, scheduled to run until Thursday in Abu Dhabi, the capital of the United Arab Emirates, is the first in two years. The AFP news agency reports that the WTO is hoping for progress, […] todayFebruary 27, 2024 10
insert_link Africa ‘We miners die a lot.’ Appalling conditions and poverty wages: the lives of cobalt miners in the DRC Labourers load sacks of cobalt onto bicycles at Mutoshi mine in July 2021. Roy Maconachie Roy Maconachie, University of Bath It was a cool, dusty morning in July 2021, when I first visited the Kamilombe cobalt mine in Lualaba Province in south-eastern Democratic Republic of Congo. Situated just outside Kapata on the south-west outskirts of Kolwezi, a mining town that has historically served as an important centre for copper and […] todayJanuary 31, 2024 4
insert_link Business / Economics Ripples of 2023: FBS’s insight on the 2024 global financial outlook With 2023 coming to an end, leading global broker FBS looks back at the significant economic events and delves into the perspective of the financial landscape in 2024. FBS financial market analysts point out that next year, financial markets will stand at the cusp of transformation under the influence of the US economy, global and local military conflicts, and the sprawl of AI. As FBS experts further stress, the cautious stance […] todayDecember 19, 2023 4
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
