April 04
Namibia: Govt Spends N$39,8m On Funerals, Celebrations in One Year
Namibian
The office of the Prime Minister spent N$39,8 million on 38 funerals, Independence Day and Heroes Day celebrations last year. Read more »
Namibia: Namibia Urged to Grow in Sectors That Create Jobs
Namibian
Namibia should make a deliberate effort to invest in improving agriculture production and value chains, as well as target other sectors like construction to stimulate employment… Read more »
South Africa: While the People Are Desperate for Jobs, the Country Is Rapidly Deindustrialising [analysis]
Daily Maverick
ArcelorMittal South Africa is acutely aware of the severe consequences of winding down the Long Steel business on the economy and in particular, on employment in SA. Read more »
South Africa: Broadening a Mighty Range - The New Ford Ranger Tremor and Platinum [analysis]
Daily Maverick
South Africa's bakkie-mad market has just got even more competitive with the launch of Ford SA's locally produced Ranger Tremor and upmarket Ranger Platinum. Read more »
Namibia: Bon Launches Modified N$100 Note
Namibian
The Bank of Namibia (BoN) has launched a modified N$100 note that now bears the signature of governor Johannes !Gawaxab. Read more »
Namibia: Namibia Records N$26,3m Worth of Fraud Cases in Banking Sector
Namibian
Namibia has recorded a total of 357 fraud cases in 2023, which has led to losses amounting to N$26,3 million. Read more »
Africa: Standard Chartered, Old Mutual Fintech Arms to Launch UAE Wealth Management Platform
Daily Maverick
The new wealth platform will be headquartered in the UAE, the Middle East's financial hub, providing access to advanced budgeting, savings and investment solutions for users in the… Read more »
South Africa: SA Reserve Bank Is Exorcising the Spectre of Stagflation
Daily Maverick
The South African Reserve Bank is unlikely to cut interest rates in the near future. Read more »
South Africa: Markus Jooste's Steinhoff Was a Horrific, High-Profile Example of Corporate Capture [opinion]
Daily Maverick
Steinhoff is corporate South Africa's handmaid to State Capture. They share the same DNA -- people who knew better and could have done something chose silence. Read more »
Namibia: 'Struggle Kids' Push for More Jobs
Namibian
The Namibia Exile Kids Association (Neka) passed a resolution over the weekend, demanding more job opportunities for its unemployed members. Read more »
South Africa: 'If We Can Just Stop Taxi Violence' - Ricardo Mackenzie Reflects On His First Year As Western Cape Mobility MEC [analysis]
Daily Maverick
It's been just over a year since the Western Cape Department of Mobility was launched, with MEC Ricardo Mackenzie in charge. During this time, the province has undergone a… Read more »
South Africa: All Systems Go for Eskom Transmission Arm to Become a Separate Company [analysis]
Daily Maverick
The unbundling of ailing state-run power utility Eskom into three entities has passed a major threshold. The National Transmission Company of South Africa has achieved all the… Read more »
Africa: Cheaper Down the Road - Total Cost of E-Buses Beats Diesel in the Long Run in South Africa - Study [analysis]
Daily Maverick
A new report finds that a transition from diesel to battery-powered electric buses in South Africa's main cities can be justified purely on a financial basis, in most… Read more »
South Africa: Gauteng Commuters Cheer Prasa's Long-Awaited Reopening of Key Rail Lines [analysis]
Daily Maverick
Almost four years after the destruction of the country's rail infrastructure, Prasa has been on a steady recovery path that has seen more crucial rail lines reopen. In Gauteng, 13… Read more »
South Africa: Diversifying and Investing Offshore Can Help Protect Investments [analysis]
Daily Maverick
There will be times when the local market will do better than the US and times when the rand will strengthen against the dollar, so do not just chase last year's winner. Read more »