insert_link World U.S president Joseph Biden wants to triple US tariffs on Chinese steel and aluminum, increasing the import tax to 25%. U.S president Joseph Biden wants to triple US tariffs on Chinese steel and aluminum, increasing the import tax to 25%. Biden is visiting steelworkers in the battleground state of Pennsylvania as he looks to win over unions as part of reelection bid. Nick Harper reports from Washington. todayApril 18, 2024 16
insert_link Business / Economics 11-18 April 2024 Weekly Economics Wrap: Insights from Around the Globe Namibian Financial Landscape: The Bank of Namibia has decided to maintain the repo rate at 7.75 percent, signaling a cautious approach to monetary policy amid economic uncertainties. Sanlam Namibia reported significant growth in assets, reaching N$4.6 billion in 2023. CEO Tertius Stears expressed confidence in the company's performance, anticipating further growth in policy liabilities. Developments in South Africa: The South African rand experienced depreciation against the U.S. dollar amidst escalating […] todayApril 18, 2024 14
insert_link Interview Transcripts EXCLUSIVE INTERVIEW: Ndumba Kamwanya’s Insights on Veterans and the Upcoming Elections In a recent address, Ndumba Kamwanya shed light on the potential influence of P.L.A.N Veterans, also known as SWAPO Veterans, on the upcoming elections. Kamwanya expressed uncertainty regarding the extent to which these groups' demands would shape election outcomes, citing the presence of numerous splinter factions within the Planned Veterans community. A notable aspect of the discussion was the varied affiliations of these groups with the ruling party, Swapo. While […] todayApril 18, 2024 12
insert_link Interview Transcripts EXCLUSIVE INTERVIEW: Exploring the Nutrition Landscape: Insights from the Kenya Scaling Up Nutrition Event by Ben Schernick Ben Schernick, Director of the Nutrition and Food Security Alliance of Namibia, recently participated in a significant regional gathering in Kenya. This event brought together various civil society alliances from across Eastern and Southern Africa to delve into issues surrounding nutrition under the umbrella of the Scaling Up Nutrition movement. Namibia has been a member of the Scaling Up Nutrition initiative since 2011, joining forces with around 65 other […] todayApril 18, 2024 108
insert_link Business / Economics 18 April 2024 Morning Biz News: Latest Financial Indicators and Business News Recap Bank of Namibia Maintains Repo Rate: The Bank of Namibia has announced its decision to keep the repo rate steady at 7.75 percent, alongside a stable prime lending rate of 11.50 percent. This marks the second monetary policy announcement by the BoN this year, indicating a cautious approach to economic management. South Africa Sees Decrease in Consumer Inflation: Consumer inflation in South Africa saw a slight decrease in March, falling […] todayApril 18, 2024 23
insert_link Namibia Namibian Nutrition Advocate Engages at Regional Nutrition Summit Ben Schernick, head of the Nutrition and Food Security Alliance of Namibia, was a notable participant in the recent "Scaling Up Nutrition Initiative" held in Kenya. The gathering convened civil society alliances from Eastern and Southern Africa to address nutrition challenges within the framework of the Scaling Up Nutrition movement. Below is an update from the director himself. todayApril 18, 2024 37
insert_link Namibia Bank of Namibia Maintains Repo Rate at 7.75%: Economist weighs in on consumer spending The Bank of Namibia has announced its decision to retain the repo rate at 7.75%. This move aligns with the forecasts of economist Robert McGregor from Cirrus Capital, meeting the expectations set prior to the regulator's Monetary Policy Committee meeting. todayApril 18, 2024 24
insert_link World U.N Security Council set to vote on Palestinian statehood Plans are now afoot for the UN Security Council to vote on recognizing Palestine as a UN state. This comes after the council's admissions committee considering the application was unable to make a unanimous recommendation. The vote is expected to take place this week, however the United States has already indicated that it does not support the move. Jody Jacobs reports from the United Nations in New York. todayApril 18, 2024 13
insert_link South Africa Load-shedding in South Africa will continue to be suspended until further notice Load-shedding in South Africa will continue to be suspended until further notice, marking 22 consecutive days without blackouts. The last time Eskom achieved a similar milestone was in June 2022, with 20 consecutive days without load-shedding. The power utility’s spokesperson, Daphne Mokwena, says the continued suspension of load-shedding is a result of sustained generation capacity, adequate emergency reserves, and reduced electricity demand from the grid: todayApril 18, 2024 8