Monday 25 September 2017
(New Era 09/22/17)
Windhoek-United Stated President, Donald Trump, on Wednesday singled out Namibia’s healthcare system when he hosted a lunch for African leaders on the sidelines of the United Nations General Assembly taking place in New York. During his welcoming address to numerous African leaders, including President Hage Geingob, attending the annual UN summit, Trump talked about the US’ continued partnership on critical health initiatives. “Uganda has made incredible strides in the battle against HIV/AIDS. In Guinea and Nigeria, you fought a horrifying Ebola outbreak. Namibia’s health system is increasingly self-sufficient. My Secretary of Health and Human Services will be travelling to Africa to promote our Global Health Security Agenda,” Trump told the visiting leaders from across Africa...
(Washington Post 09/22/17)
As President Trump spoke to African leaders at the United Nations on Wednesday, he made not one but two references to a country called Nambia. “Nambia’s health system is increasingly self-sufficient,” Trump said approvingly at one point. Unfortunately, there's a problem — good health care or not, Nambia doesn't exist. And so the U.S. president's laudatory comments about a nonexistent country swiftly invited ridicule online, with many suggesting that Trump had created an entirely new nation by combining two existing ones — Zambia and Namibia. A White House transcript of Trump's comments corrected his error, making clear that the president had not intended to invent a new nation and had, in fact, been referring to the very real country of...
(New Era 09/22/17)
Eenhana-In the quest to narrow the gender-gap, the Ministry of Gender Equality and Child Welfare continues to empower and create employment for rural women across the country. This week the Ministry of Gender Equality handed over 80 pieces of equipment, valued at over N$900,000 to benefit women through the income-generating activities programme in Oshana, Ohangwena and Oshikoto. Gender Equality Minister Doreen Sioka said the donation was an expression of government’s commitment to share wealth and create employment. “This is also...
(Reuters (Eng) 09/22/17)
From deadly droughts and destroyed crops to shrinking water sources, communities across sub-Saharan Africa are struggling to withstand the onslaught of global record-breaking temperatures. But the dangers do not end there. Rising heat poses another threat - one that is far less known and studied but could spark disease epidemics across the continent, scientists say. Mosquitoes are the menace, and the risk goes beyond malaria. The Aedes aegypti mosquito, which spreads debilitating and potentially deadly viruses, from Zika and dengue...
(Reuters (Eng) 09/21/17)
Makers of generic AIDS drugs will start churning out millions of pills for Africa containing a state-of-the-art medicine widely used in rich countries, after securing a multi-million dollar guarantee that caps prices at just $75 per patient a year. Global health experts hope the deal will help address two looming problems in the HIV epidemic - the rising threat of resistance developing to standard AIDS drugs, and the need for more investment in manufacturing capacity. Bill Gates’ charitable foundation will...
(APA 09/19/17)
Botswana, Namibia and Mauritius have missed out on the list of top 10 best investment destinations in Africa in 2018 but are seen as “investment grade” economies, according to a new report by South African-based Rand Merchant Bank. The report, titled “Where to Invest in Africa 2018”, showed that Egypt has now replaced South Africa as the best investment destination on the continent. South Africa lost its traditional spot at the top of the investment rankings. South Africa has ranked...
(The Guardian 09/18/17)
Anna Jones says that, through selling its cocoa cheaply, Africa is exporting its wealth overseas; while Sue Banford claims that the soya moratorium in the Amazon has done nothing to halt deforestation. Only the final paragraph in your article on cocoa farming causing deforestation in Ivory Coast (Forests pay price for world’s taste for cocoa, 14 September) mentioned the most fundamental thing – the farmer’s livelihood, or lack of it. The low value of his (or more likely her) crop...
(AFP (eng) 09/15/17)
Charmed is the tourist who visits Namibia. And like more and more foreigners, Anouk Den Otter took the plunge and travelled to the southern African country to marvel at its legendary natural beauty. In the middle of the southern hemisphere's winter, Den Otter and her new husband defied the cold to canoe through a seal reserve to celebrate their honeymoon. "It's really nice so far," said the 29-year-old Dutch woman as she clambered out of their boat on a beach...
(Bloomberg 09/15/17)
Societe Generale SA, challenged on its home turf by Orange SA’s push into banking, is fighting back with a new mobile lender in Africa. The French lender started YUP, a new app for smartphones, in Senegal and Ivory Coast and plans to begin operating in four other sub-Saharan countries this year and next, the company said on Thursday. The bank aims to double its client base to 2 million in the region within three years. “Telcos have opened the way...
(Xinhuanet 09/13/17)
In an effort to promote economic development and solve complex conservation challenges facing world heritage sites, the African World Heritage Fund Patron and former President of Namibia Hifikepunye Pohamba will host a business leader's breakfast event in Namibian Capital, Windhoek on Thursday. The African World Heritage Fund is an initiative of the African Member States of the African Union and UNESCO, launched in 2006. Webber Ndoro, executive director of the African World Heritage Fund, at a media briefing on Tuesday...
(Reuters (Eng) 09/12/17)
Olympic boxing’s governing body, AIBA, has banned African confederation head Kelani Bayor for three years for allegedly provoking the crowd at the continental championships in Brazzaville last June. Bayor is an AIBA vice-president and executive committee member as well as chairman of Togo’s national Olympic committee. “The Disciplinary Commission found that a hostile and threatening reaction to AIBA officials by spectators after the result of a bout on the last day of the competition was exacerbated by comments from Mr...
(Bloomberg 09/11/17)
The South African companies that dominate the U.K.’s growing private hospital industry are counting on more people like Katie Corrie. A children’s party entertainer, Corrie opted to use 13,000 pounds ($17,000) of her savings and inheritance to get a hip replacement rather than spend months on a National Health Service waiting list. Britons like her are forking out almost 1 billion pounds a year to cover their own medical expenses, a trend that’s giving at least one industry the scope...
(Xinhuanet 09/08/17)
Communication ministers from the Southern Development Community (SADC) countries vowed on Thursday to turn the region into an information and knowledge-based economy. This emerged from a ICT (information and communication technology) meeting taking place in Durban, a coastal city in southeastern South Africa. Communication ministers from 15 SADC countries have been meeting in Durban since Monday to discuss the region's ICT infrastructure. The meeting, also attended by policy regulators, implementing agencies and ICT industry players, was designed to help create...
(APA 09/08/17)
Deprivation and marginalization, underpinned by weak governance, are primary forces driving young Africans into violent extremism, according to a comprehensive new study by the United Nations Development Programme (UNDP), the first study of its kind. Based on interviews with 495 voluntary recruits to extremist organizations such as Al-Shabaab and Boko Haram, the new study also found that it is often perceived state violence or abuse of power that provides the final tipping point for the decision to join an extremist...
(Bloomberg 09/07/17)
African Rainbow Minerals Ltd., the miner chaired by South Africa’s richest black businessman, will pay a record dividend this year as rising iron-ore and manganese prices boosted earnings at its ferrous unit. ARM will pay investors 6.50 rand a share, almost triple that of the previous year, and its 11th consecutive dividend, the Johannesburg-based company said in a statement Thursday. The company benefited from a 45 percent increase in prices received for exported iron ore and 93 percent more for...
(New Era 09/05/17)
President Hage Geingob has reminded the world that the protracted Western Sahara issue still needs sorting out. Namibia has on many occasions undertaken not to tire in its quest to see Morocco, which was recently re-admitted into the African Union (AU), give up its illegal occupation of Western Sahara. Geingob made the call in Windhoek on Monday when he addressed a conference of the African-European party dialogue of socialists and democrats, aimed at overcoming inequality as a political challenge. “I don’t know why socialists are quiet. We are not assisting those who want to get their independence. In Europe and Africa, we are not helping them [Western Sahara] to get self-independence.
(The Namibia Economist 09/05/17)
The Namibian Stock Exchange (NSX) walked away with the Financial Services Organisation of the Year award at the Africa and Middle East category at the Corporate LiveWire Global Awards 2017 as announced this week. The Corporate LiveWire Global Awards celebrates the achievements of the most outstanding individuals, companies and organisations in the business community over the last 12 months. Rising business trends in 2017 including the rise of crowdfunding and the importance of content marketing and SEO have been highlighted...
(Bloomberg 09/05/17)
A surge in agriculture has helped lift Africa’s biggest economies out of their slumps, but the recovery may be weak. Gross domestic product in Nigeria, the continent’s largest crude producer, advanced for the first time in six quarters in the three months ended June from a year earlier, growing 0.55 percent, the statistics agency said. In South Africa, GDP expanded 2.5 percent from the previous quarter, ending the second recession in almost a decade. Both economies had agriculture largely to...
( The Southern Times 09/04/17)
The second Non-Aligned Movement Science and Technology technical meeting on industrial biotechnology ended recently here with experts adopting a new resolution calling on member states to invest more in scientific research to unlock the potential that science holds in driving economic growth. Under the decision dubbed the: ‘Harare Resolution on Industrial Biotechnology,’ experts resolved that NAM member states needed to take appropriate measures to establish research development and innovation funds to support industrial biotechnology. Zimbabwe hosted the second NAM Science and Technology technical meeting on industrial
(Bloomberg 09/04/17)
The worst may be over for Africa’s two largest economies as they likely emerged from a slump in the second quarter. Official data on Tuesday will probably show South Africa’s economy expanded in the three months through June, ending its second recession in less than a decade. Nigeria’s gross domestic product probably grew from a year earlier, and came out of its worst slump in a quarter of a century. South Africa and Nigeria together account for almost half of...

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