Report links H&M and Zara to major environmental damage in biodiverse Cerrado

Report links H&M and Zara to major environmental damage in biodiverse Cerrado

A report by U.K. investigative NGO Earthsight links supply chains of fashion giants H&M and Zara to large-scale illegal deforestation, land-grabbing, violence and corruption in Brazil. The country’s Cerrado region, home to a third of Brazil’s species, has already lost half of its vegetation to large-scale agriculture and is under increasing pressure from a booming cotton industry. The two major producers linked to illicit activities, SLC Agrícola and Grupo Horita, […]

April 23, 2024 17

Business / Economics

Capricorn Corner earns ‘Green Building Certification’

The Capricorn Corner building, Capricorn Group's state-of-the-art office facilities in Klein Windhoek, earned EDGE Advanced green building certification, the green building certification from the International Finance Corporation, the private sector arm of the World Bank Group. The certification, presented by EDGE certification partner - Green Business Building Certification Inc. marks the first internationally recognised operational building to be EDGE-certified in Namibia. This achievement also preludes this year's World Earth Day, […]

April 22, 2024 55

Africa

South Africa’s conservation model: why expanding the use of biodiversity to generate money is a good idea

By Hayley Clements, Stellenbosch University; Alta De Vos, Stellenbosch University, and Matthew Child, University of Pretoria South Africa’s government is calling for public comments on an updated version of its existing biodiversity economy plan. The National Biodiversity Economy Strategy aims to conserve biodiversity while also contributing to job creation and economic growth. It proposes to do this by promoting sustainable use of the country’s natural resources. The strategy […]

April 8, 2024 22

Local

O&L leisure commences upgrades and renovations at Midgard

Namibia is experiencing a transformative shift towards becoming a premier destination, and O&L Leisure is at the forefront of this evolution. With a steadfast commitment to authenticity, care, and passion, O&L Leisure proudly announces the commencement of upgrades and renovations to 25 rooms at Midgard, a cherished retreat nestled in the heart of Namibia's captivating landscapes. As Namibia transitions into a premium destination, O&L Leisure is aligning its […]

March 27, 2024 11

Business / Economics

Costly mistakes to avoid as a Namibian farmer

By Hanks Saisai, Technical Advisor: Crops & Poultry, Agribank Many livelihoods in Namibia rely directly or indirectly on agriculture and the products that reward the hardworking men and women who farm as a way of life. It is important to note that the journey of a farmer requires hard work, determination, dedication, and a sense of innovation. One must always be aware of common mistakes that are […]

March 26, 2024 51

World

Critics fear catastrophic energy crisis as AI is outsourced to Latin America

By Gerry McGovern, Sue Branford “We walk for the water we need. If we don’t walk, who will give it to us?” asks Juan, a middle-aged man born in the Indigenous rural community of Maconí, Mexico. “It’s a four-hour journey each day to fetch water … Since last year, there hasn’t been rain, and this year it’s the same.” The bean crop has withered and there’s no corn […]

March 22, 2024 139

Africa

Cocoa beans are in short supply: what this means for farmers, businesses and chocolate lovers

By Michael E Odijie, UCL A shortage of cocoa beans has led to a near shutdown of processing plants in Côte d'Ivoire and Ghana, the two countries responsible for 60% of global production. With chocolate makers around the world reliant on west Africa for cocoa, there is significant concern about the impact on the prices of chocolate and the livelihood of farmers. Cocoa researcher Michael Odijie explains […]

March 20, 2024 9

Local

Transparency key to Integrated Reporting – Nuyoma

New Generation Reporting took centre stage this week when the Capricorn Group, in partnership with GreymatterFinch, hosted yet another Investor Relations Workshop. The event, held on Tuesday at the Hilton Hotel in Windhoek, was attended by players from various sectors of the Namibian economy, including listed companies on the Namibian Stock Exchange, private firms, and state-owned entities. Capricorn Group CEO David Nuyoma emphasized that the new Integrated Reporting […]

March 19, 2024 15

Environment

Toilet paper: Environmentally impactful, but alternatives are rolling out

By Petro Kotzé Toilet paper is so common in some countries it’s only noticed when it’s not there, as exemplified by the panic buying that prompted shortages when the COVID-19 pandemic began in 2020. Thought to be in use in China since the sixth century, inventor Joseph C. Gayetty patented the first U.S. commercial “medicated paper” in the 1850s. Since then, demand has soared in many places, bolstered by rising population, […]

March 18, 2024 80