insert_link Environment Why are floods in South Africa’s KwaZulu-Natal so devastating? Urban planning expert explains By Hope Magidimisha-Chipungu, University of KwaZulu-Natal The devastation caused by the recent floods in KwaZulu-Natal, South Africa demonstrates again that the country is not moving fast enough to adopt appropriate urban planning. It should be integrating risk assessment and management in the design and development of cities. This is becoming more urgent as the frequency of floods increases. Most South African cities were built a long time ago, before […] todayJanuary 22, 2024 16
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 5
insert_link Opinion Pieces China’s high-quality development presents new opportunities for Namibia’s modernization By Josef Kefas Sheehama As the world economy is facing a tough situation in 2023, with probably tougher prospects for 2024, China’s economic outlook carries global significance. China’s modernization stride will inject more certainty into the global economy. As Namibia's projected economy to 3.9% expansion in 2023 and a 3.4% growth in 2024, according to the Bank of Namibia's Economic Outlook, the smart partnership with China will elevate Namibia’s […] todayDecember 15, 2023 38
insert_link Africa Africa’s new online foreign exchange system will enable cross-border payments in local currencies – what you need to know By Christopher Adam, University of Oxford The high cost of making cross border payments on the African continent has driven governments on the continent to seek options of settling trade and other transactions in local currencies. This has given birth to the Pan-African Payment and Settlement System which is scheduled to go live in 2024 under Kenya’s leadership. Development economist Christopher Adam, who has studied the exchange rate policies of […] todayNovember 28, 2023 17
insert_link Local Agra annual general meeting highlights resilience amid challenges, records 22.8% increase in profit The Agra Annual General Meeting (AGM) was held on Friday, 24 November 2023 at the Agra/ Bank Windhoek Ring. The meeting was attended by Agra shareholders, the Agra Board of Directors and Management. Mr. Ryno van der Merwe, Chairman of the Board, acclaimed the past year as another remarkable financial success for the company. Mr. Van Der Merwe acknowledged the challenges faced particularly in production, the economy and the environment. […] todayNovember 27, 2023 16