insert_link Business / Economics Google ordered to pay South African media up to R500 million annually South Africa’s Competition Commission has ruled that tech giant Google must pay local news media between R300 million and R500 million annually to address lost advertising revenue and competition imbalances. The decision follows an inquiry that found Google benefits from South African news content by as much as R900 million per year, while local media houses suffer losses ranging from R300 million to R500 million. In addition to financial compensation, […] today25 February, 2025
insert_link Court Red line defendants suggest retention while others suggest gradual move By: Ellen Shihepo The first four defendants in the ongoing red line case—the ministry of agriculture, government, the attorney general, and veterinary officer, Hango Nambinga—are against removing the red line and suggest that the lives of the northern citizens should be improved. The fifth defendant, Meat Board, suggested gradually moving the red line. During his re-examination, activist Job Amupanda said the government protects settlers or white farmers who own 85% […] today24 January, 2025
insert_link Namibia Namibia has positioned itself as a leader among the top five African Energy nations In the latest State of African Energy 2024 Outlook, Namibia has positioned itself as a leader among the top five African nations with the greatest demand for drilling rigs. The African Energy Chamber accentuates Namibia's pivotal role in the fiercely competitive energy sector, highlighting its substantial contribution to advancing efficient and sustainable resource exploration. Lifalaza Simataa of LPM weighs in. today18 January, 2024
insert_link Business / Economics 6am 16 January 2024 Economic Highlights and Financial Indicators: A Recap of Recent Developments Namibia's Economic Growth Projection for 2024: Namibia is poised to witness one of the slowest economic growth rates in Africa in 2024, ranking ninth according to the United Nations (UN) World Economic Situation Prospects Report. The report forecasts a deceleration in the country's gross domestic product (GDP) to 2.6%, down from the 3.2% projected for 2023. South African Rand Weakening Against the Dollar: On Monday, the South African rand […] today16 January, 2024
insert_link Lifestyle Move away from Google if you want to avoid fake news By F.D. Flam via BizNews Searching for information has become instant and effortless — just go to your nearest device, ask Siri or click a few keys. But are we better informed than we were before Google became a verb? A new paper published in Nature hints that we’re not. When researchers exposed volunteers to a mix of fake and real news stories, they found people became more prone to being fooled by […] today15 January, 2024
insert_link Lifestyle Four tips for a healthy news diet in 2024, from an expert in media psychology DimaBerlin/Shutterstock By Sharon Coen, University of Salford The start of the new year brings inevitable pressure to start fresh, with new hobbies, exercise regimes and healthy diets. But there is one diet you may not have thought of improving this year: your media and news consumption. It’s not easy to stay informed these days. We have more access to information than ever, but not all of it is good quality. […] today11 January, 2024