Tuesday 12 December 2017
(APA 05/08/17)
Swaziland’s King Mswati III is expected to visit the headquarters of the Southern African Customs Union (SACU) in Windhoek on Thursday. The Swazi monarch, who is the current chair of SACU, is expected to hold general talks with the union’s secretariat as well as interact with the staff, the Namibia Press Agency reported on Monday. SACU, the 105 year old customs union, serves as the engine for regional integration and development among its five member states – Namibia, Botswana, Lesotho, South Africa and Swaziland. King Mswati, who is also the chair of the Southern African Community Development (SADC), toured headquarters of the SADC bloc in Gaborone, Botswana last week.
(Voice of America 05/05/17)
As Africa grapples with a severe drought, and famine threatens millions of people, experts at the World Economic Forum on Africa this week in the South African city of Durban say food security needs to be a major part of discussions on advancing the continent economically. The annual World Economic Forum in Switzerland is usually a high-powered event, but at this week’s Africa meeting of the international organization, the continent’s big players are welcoming the humble farmer, now known as the “agripreneur.” Agricultural economist Paul Makube, with South Africa’s First National Bank, told VOA it makes sense to talk about farming when discussing building competitive markets, and boosting innovation and technology. “For business to prosper, you need a situation where...
(Xinhuanet 05/04/17)
The World Economic Forum (WEF) Africa Competitiveness Report 2017 released in Durban Thursday called for urgent policy reforms if the continent intends to create more jobs for its growing young population. According to the report issued at the 27th WEF on Africa, fewer than one-quarter of the 450 million new jobs required in the next 20 years will be created if current policies remain unchanged. The report called for structural reforms in the economies to create more jobs for the youth entering the market. African countries have to prioritize improving infrastructure, skills and adoption of new technology and quality of institutions. To improve competitiveness in the short term Africa needs to increase housing construction through investment, better urban planning and...
(Voice of America 05/03/17)
African military expenditures have finally slowed down after more than a decade of steady increases, according to a new report on global defense spending. The main reason, the report found, is a drop in oil prices. “The sharp decreases in oil prices has affected quite a number of African countries, namely South Sudan and Angola. This has kind of driven almost the entire regional trend,” said Nan Tian, a researcher at the Stockholm International Peace Research Institute’s (SIPRI) Arms and Military Expenditure Program, the organization that authored the report. The SIPRI report found military spending in Africa in 2016 was down by 1.3 percent from the previous year and totaled about $37.9 billion. Despite the drop, Africa’s military spending remains...
(New Era 05/02/17)
President Hage Geingob yesterday paid tribute to Namibian workers and he specifically mentioned the late John ya Otto, a man whom he described as always having the interest of workers at heart. Addressing the Workers Day rally yesterday at Eenhana in Ohangwena Region, an event witnessed by thousands of people among them Swapo Party politburo and central committee members, senior officials and ordinary community members, Geingob said: "I would like to begin by paying tribute to those gallant sons and daughters of Namibia - workers, like many of you here today, whose selfless commitment to the struggle for our independence opened up the doors to freedom, so that we can be gathered here today as free, peaceful and harmonious people."...
(Xinhuanet 05/02/17)
Fifteen people were killed on Sunday when a minibus and a pickup collided in central-north Namibia, police said. The accident occurred outside the city of Otjiwarongo, about 300 kilometers from capital Windhoek. Police said the minibus caught fire on impact and the bodies of 10 of the victims were burnt beyond recognition. According to the police, the five people who were traveling in pickup died on the spot. Fourteen other passengers survived the accident, police said.
(New Era 05/02/17)
Namibian President Hage Geingob over the weekend implored African governments and the private sector to aggressively champion industrialisation in their economies and curb over-reliance on raw commodity exports. Geingob, who was on a three-day state visit to Zimbabwe, spoke at the official opening of the 58th edition of the Zimbabwe International Trade Fair (ZITF) in Bulawayo, where he noted that the challenges facing the African continent and rising youth unemployment could only be addressed by harnessing regional linkages and pursuing a robust regional industrialisation agenda anchored on value addition and beneficiation. He bemoaned low intra-regional trade and reliance on imports from developed economies, which he blamed for the continued use of economic models that serve colonial interests. “Trade between African...
(New Era 05/02/17)
The Deputy Minister of Agriculture Water and Forestry, Anna Shiweda, has expressed gratitude to the Japanese government for its continuous support in Namibia’s quest to eradicate poverty and hunger. Shiweda made the remarks during the handing over of the Northern Crop and Livestock Development Master Plan study report by the Japan International Cooperation Agency (JICA) in Windhoek on Thursday. The project aims to introduce market-oriented agriculture for small-scale farmers in order to uplift the lives of such farmers by enhancing productivity and market access. The project started in 2014 targeting the four regions in the north, namely Omusati, Oshana, Oshikoto and Ohangwena. Five experts dispatched by the JICA provided technical assistance to their Namibian counterparts. The event was witnessed by...
(Bloomberg 05/02/17)
Saudi Aramco is seeking to boost its fuel-trading volume by more than a third as the world’s biggest crude exporter expands its capacity to refine oil to grab a bigger share of growing markets in Asia and Africa. Aramco, as Saudi Arabian Oil Co. is known, is building refineries in the kingdom and in Asia to help it increase sales and purchases of gasoline, diesel and other products to more than 2 million barrels a day, said Ibrahim Al-Buainain, chief executive officer of Saudi Aramco’s trading unit, Saudi Aramco Products Trading Co. Owning refineries gives the unit, known as Aramco Trading Co., options for buying and selling fuel that some of its competitors don’t have. “The key is that you...
(Xinhuanet 04/28/17)
Although Namibia has achieved one of the fastest cuts in poverty rates on the continent, the country still faces some of the highest levels of inequality in Africa and globally, according to a United Nations official. Kiki Gbeho, UN resident coordinator and UNDP representative in Namibia, made the remarks here on Thursday at the launch of Global Human Development Report 2016. According to Gbeho, Namibia is considered a medium human development country with a Human Development Index (HDI) value of 0.640, ranking 125 out of 188 countries. "However, when this value is discounted for inequality there ia a loss of 35 percent in its HDI, and Namibia falls to the low human development category," she said. The report is the...
(Voice of America 04/28/17)
A low-cost and widely available drug could save the lives of 1 in 3 mothers who would otherwise bleed to death after childbirth, according to a new study. Severe bleeding, known as postpartum hemorrhage, or PPH, is the leading cause of maternal death worldwide, killing more than 100,000 women every year. Even for mothers who survive, it is a painful and traumatic experience. The world's poorest countries, especially in Africa and India, are the worst hit. Drug from 1960s But there is new hope. In the 1960s, Japanese researchers developed a drug called tranexamic acid, which works by stopping blood clots from breaking down. But they could not persuade doctors to try the drug for treating PPH. The London School...
(Business Day Ghana 04/27/17)
There are currently 960 million mobile subscriptions across Africa – an 80 percent penetration rate among the continent’s population. Internet penetration is at 18 percent with 216 million internet users, according to the latest Jumia mobile trend report for Africa. The 2017 edition of the African Mobile Trends Paper is the third white paper presentation from Jumia delving into mobile trends across Africa and specifically Nigeria. The study takes a look at the how the market has democratised mobile internet use, the consumer behaviours driving increased smartphone adoption and the role of mobile brands, mobile operators and m-commerce in creating a synergy of an enhanced customer experience. This year’s Mobile Africa Study was carried out in 15 African countries which...
(Xinhuanet 04/26/17)
The Belt and Road (B&R) Initiative is a golden opportunity to bring about regional integration and sustainable economic growth for Africa, said Berhane Gebre-Christos, special envoy of the Ethiopian Prime Minister, on Tuesday. The special envoy made the remarks at the opening of a seminar organized on the B&R Initiative in Ethiopia's capital Addis Ababa. Welcoming the initiative, the special envoy said he is looking forward to the expected effects of the initiative. "The B&R is a project that will affect millions of people, and it will be one of the most important issues of the 21st century," he said, adding that the comprehensive approach of China means that the aspirations and development strategies of all countries involved will be...
(AFP (eng) 04/24/17)
A new malaria vaccine will be tested on a large scale in Kenya, Ghana and Malawi, the World Health Organization said Monday, with 360,000 children to be vaccinated between 2018 and 2020. The injectable vaccine RTS,S could provide limited protection against a disease that killed 429,000 people worldwide in 2015, with 92 percent of victims in Africa and two-thirds of them children under five. "The prospect of a malaria vaccine is great news. Information gathered in the pilot will help us make decisions on the wider use of this vaccine," said Dr Matshidiso Moeti, the WHO's regional director for Africa. The vaccine should be used alongside other preventative measures such as bed nets, insecticides, repellants and anti-malarial drugs, the WHO...
(Bloomberg 04/20/17)
WorldRemit Ltd., a British money-transfer operator, sees revenue from transactions involving Africans doubling by 2020 as more people on the continent access mobile-payment platforms and expatriates send cash home. The seven-year-old company, in which Facebook Inc.-backer Accel Partners LP invested $40 million in 2014, will this year open a regional office in South Africa, its largest market on the continent in terms of money-transfer value, founder and Chief Executive Officer Ismail Ahmed said in an interview. Another site will start operating in Kenya, where the London-based business sees Africa’s highest number of individual transactions. “In the next two years we should be doubling our volume every year,” Ahmed said in Kenya’s capital, Nairobi. The continent accounted for half the company’s...
(Xinhuanet 04/19/17)
Some 600,000 Namibians have either received or will receive rice donated by China amid food shortages as a result of three-year-old droughts in the country, said a senior Chinese Embassy official on Tuesday. Li Nan, charge d'affaires of the Chinese Embassy in Windhoek, said China has donated 4,000 metric tons of rice to the southwestern African country. "All the rice has been well received, transported and distributed smoothly. More than 595,000 beneficiaries living in the rural areas all over the country have received or will receive the donation," he said. The rice arrived in Namibia about two weeks ago. At a handover ceremony, Chinese Vice Foreign Minister Zhang Ming announced China's pledge of 2,600 metric tons of rice in an additional donation.
(The Namibian 04/19/17)
When you become an entrepreneur, do not try and do everything at the same time but try to be good at what you do and stick to it. This is the advice that First Lady Monica Geingos gave to students at institutions of higher learning at the launch of the Student Entrepreneurs Programme (SEP) in Windhoek yesterday. SEP is a programme aimed at deepening students' understanding of business ventures and start-ups, exposing them to venture capital opportunities as well as giving them a chance to explore diverse business ideas. Geingos, a businesswoman in her own right, said while she has nothing against tenderpreneurship, she is against the lack of transparency as well as the time consuming aspect associated with the...
(Xinhuanet 04/19/17)
UN Secretary-General Antonio Guterres, and the chairperson of the African Union Commission, Moussa Faki Mahamat, will convene Wedesday the first UN-AU Annual Conference. The two leaders will look into how to strengthen the partnership between the two organizations to face common challenges and opportunities in the continent, on issues of peace and security, sustainable development and human rights, said Stephane Dujarric, UN spokesman, at a daily briefing. "They will also sign the Joint United Nations-African Union Framework for an Enhanced Partnership in Peace and Security," said Dujarric. It will be the first conference Mahamat will address with the United Nation since he was elected as chairperson of the African Union Commission. Although he had brief talks with Guterres in Addis...
(The Namibia Economist 04/18/17)
Namibia is home to a sizeable number of Chinese speaking residents, the Deputy Prime Minister, and Minister of International Relations and Cooperation, Hon Netumbo Nandi-Ndaitwah told His Excellency Wang Yi, the Chinese Minister of Foreign Affairs during an official visit to China last week. The three-day visit included discussions on a range of bilateral, regional and international issues of mutual interest and common concern to China and Namibia. “As a developing country, China is very much aware of the concerns and aspirations of other developing countries. Furthermore, during this visit we reaffirmed our long standing relationship that dates back to the days of the Namibian liberation struggle” Minister Nandi-Ndaitwah
(New Era 04/18/17)
Swakopmund-based mining company Gecko Namibia is being investigated by police in the Erongo Region for alleged illegal mining at the Cape Cross salt pans, about 45 kilometres from Henties Bay. According to papers seen by New Era the area in question belongs to companies Cape Cross Salts (CCS) and Cape Cross Salt Investments (CCSI). However, none of the two companies are extracting the salt for several years now due to disputes, with the latter being accused of dubiously acquiring a 95 percent share of CCS, which gave birth to CCSI. CCS was founded by Petrus Iimbodi, who also serves as the director of the company, while CCSI is co-owned by Lameck Mwanyangapo and Mikka Asino. CCSI allegedly gave permission to...

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