info_e12wt4cs – Page 439

19 Jan

US sanctions may harm jewelry companies

info_e12wt4csObserver Money

Chairman of the Rapaport Group, Martin Rapaport has deep concerned for the future of the US diamond trade and has proposed a Rapaport US Diamond Protocol that will enable the US government to implement Russian diamond sanctions without hurting the diamond trade. Rapaport said the US government is now urgently formulating regulations to control the import of diamonds into the US. If we do not act, new US sanction regulations may severely harm small to medium sized US diamond and jewelry companies. The US government has agreed with the G7 group of countries that “As of 1 March 2024, a…

19 Jan

Half of Africa to use AfCFTA rules

info_e12wt4csObserver Money

More than half of African nations will use the rules of a continental free-trade pact this year as the region moves closer to fully integrating into a single market. Of the 47 countries that have ratified the African Continental Free Trade Area, 31 will join the so-called guided trade initiative, up from seven in 2023, AfCFTA Secretary-General Wamkele Mene said at a World Economic Forum panel in Davos this week. Last year’s trial included processed agricultural products, manufactured goods and services, he said. Uganda, for example, exported some of its excess 2 billion liters of milk to Algeria, while a…

19 Jan

Airlink to re-start Durban, Bloemfontein flights

info_e12wt4csObserver Money, Uncategorised

Airlink, Southern Africa’s premier airline, will reinstate direct flights between Durban and Bloemforntein from 26 February this year. The service is part of Airlink’s strategy to expand its network of flights from Durban as a third hub with Bloemfontein joining Johannesburg, Gqeberha, Mbombela (Nelspruit) and Harare as directly-served destinations. Airlink’s morning flights on the route will operate Monday to Friday and its late afternoon flights every day except Saturdays. Tickets for flights on the route are available already. “Airlink’s direct service between the two cities is in response to increased calls for convenient and efficient connections that boost productivity for…

19 Jan

The AI era is upon us

info_e12wt4csObserver Money, Uncategorised

Kristalina Georgieva We are on the brink of a technological revolution that could jumpstart productivity, boost global growth and raise incomes around the world. Yet it could also replace jobs and deepen inequality. The rapid advance of artificial intelligence has captivated the world, causing both excitement and alarm, and raising important questions about its potential impact on the global economy. The net effect is difficult to foresee, as AI will ripple through economies in complex ways. What we can say with some confidence is that we will need to come up with a set of policies to safely leverage the…

19 Jan

MTC Boosts Netball Namibia with N$2.5 Million Sponsorship Increase and 6-Year Commitment

info_e12wt4csSportsMTC Boosts Netball Namibia with N$2.5 Million

Mobile Telecommunications Limited (MTC) has reaffirmed its commitment to the growth of netball in Namibia by announcing a substantial increase in sponsorship for Netball Namibia (NN). The company’s chief human and corporate affairs officer, Tim Ekandjo, declared on Thursday a sponsorship surge to N$2.5 million for the upcoming 2024 MTC Namibia Netball Premier League (NNPL) season, along with a promising six-year partnership. This announcement follows a 36% increase from the previous year’s sponsorship, which stood at N$1.9 million. Tim Ekandjo emphasized the company’s dedication to supporting the sport, stating that this boost aims to elevate the standards of the league…

19 Jan

Just Saying with Matts Haikali

info_e12wt4csOpinions, SportsDeon Hotto

In the wake of Deon Hotto’s exhilarating goal at the ongoing AFCON 2023, Namibia witnessed a spectacular display of national passion and patriotism, showcasing the unifying power of sports. The entire nation, irrespective of location or background, was drawn to screens of all sizes, eager to be part of a historic moment that transcended the boundaries of daily life. Am just saying this jubilation prompts reflection on the contradictory relationship between the euphoria of sports victories and the lackluster support for sports development within the country. Am just saying, while the entire nation unites to celebrate a goal scored thousands…

19 Jan

Excitement Builds as Debmarine Premiership Teams Resumes Training for Second Round

info_e12wt4csSports

As the football fever continues to grip Namibia, anticipation is mounting for the restart of the Debmarine Premiership, scheduled for February 3, 2023. Football clubs across the nation have already plunged into training sessions in preparation for the second round of matches. FC Ongos took the lead by kicking off their training on January 3, setting the pace for others to follow suit. The football community has witnessed various teams, including Julihno Sporting from Rundu, Young African based in Gobabis, Blue Waters hailing from Walvis Bay, and prominent Windhoek-based clubs such as Khomas Nampol, African Stars, Orlando Pirates, Civics, and…

19 Jan

What education, for what?

info_e12wt4csOpinionsfor what?, What education

Kae Matundu-Tjiparuro What education and for what? Until Namibia answers this fundamental question her education shall continue to be deviled as it has been since independence. When the education system existing then was changed and continued to undergo various metamorphosis without any reason other than its assumed and presumed fundamentals. One which could have been that it is Bantu Education and/or education for the various ethnicities according to the cultural identities comprising the Namibian society. That to a large extent continues to be the case. One pointer to this effect being the teaching of and in mother tongues in the…

19 Jan

The year of expectation should be a year of new beginnings

info_e12wt4csEditorialThe year of expectation should be a year of new beginnings, year 2024 hopes

As dawn broke on the year 2024 hopes for a new beginning for the Namibian House in the year of expectations grew exponentially because it is also the year of elections. The imagery of dawn breaking signifies the end of darkness and the arrival of light, which is commonly associated with new beginnings and opportunities. At the break of dawn on Monday, roughly 150,000 members of the second generation of so-called ‘bornfrees’, while holding the hands of the hopeful parents, arrived at schools across Namibia with bright and wide eyes. Every parent who spent hours in the sun waiting in…

19 Jan

Nandi-Ndaitwah calls for stronger ties at NAM summit

info_e12wt4csNational NewsNandi-Ndaitwah calls for stronger ties at NAM summit, Non-Aligned Movement (NAM) Summit

Niël Terblanché The 19th Non-Aligned Movement (NAM) Summit in Kampala has paved the way for stronger ties and increased economic cooperation between Namibia and Uganda, setting a positive trajectory for the future of both nations and the broader Non-Aligned Movement. Netumbo Nandi-Ndaitwah, Namibia’s Deputy Prime Minister and Minister of International Relations and Cooperation led a delegation to attend the summit in Kampala, Uganda. The summit, held under the theme “Deepening Cooperation for Global Affluence,” concluded today after a week of discussions and deliberations among member nations. The primary focus of the summit was to foster cooperation among member nations, addressing…