insert_link Health / Medical Shares slump for drugmaker GSK on Zantac ruling Shares in British pharmaceutical group GSK tumbled Monday after a US court paved the way for legal action by tens of thousands of patients who allege the heartburn drug Zantac caused cancer. The over-the-counter treatment, known also by its non-commercial name ranitidine, was manufactured by several rivals including the French group Sanofi and US drugmaker Pfizer before it was withdrawn in 2019. "GSK disagrees with the ruling […] today3 June, 2024
insert_link Business / Economics Namibian Competition Commission accuses banks of price-fixing The Namibian Competition Commission has accused the Payments Association of Namibia and several commercial banks of colluding in price-fixing activities related to card transaction fees. According to the Commission, the banks, which are competitors in the market, allegedly colluded with PAN to collectively set interchange fees, a practice deemed anti-competitive and prohibited by law. Here is the NaCC spokesperson Dina //Gowases with more details. today23 April, 2024
insert_link Namibia Judge stops illegal entry blockade at Namib Mills A High Court judge has granted a temporary interdict to stop activist Michael Amushelelo and 26 Namib Mills employees from illegally obstructing access to the company's premises and endangering its operations. Future Media reporter Angie Scholtz has more. According to the court's directive, Amushelelo and the involved workers are prohibited from blocking entrances to Namib Mills' premises, threatening to halt the company's operations, or making any threats against the […] today4 April, 2024
insert_link South Africa South Africa pursues further legal action to stop Israel South Africa is pursuing further legal action on its genocide case against Israel if it continues its deadly attacks in Gaza. Department of International Relations and Cooperation Director-General Zane Dangor says they are writing to the ICJ to "consider additional provisional measures on Israel". Meanwhile, the United Nations has called for restraint in Rafah, Gaza's southernmost city following reports of airstrikes in the area. Rafah is currently home to some […] today13 February, 2024
