OSLO – Norway’s sovereign wealth fund, the world’s largest, posted a gain of more than US$76 billion (N$1.3 trillion) in the third quarter as the global equities market got a boost from lower interest rates, it said yesterday. For the July to September period, the fund posted a return of 4.4%, bringing its total value...
Author: Correspondent (Correspondent )
Opinion – World coastal communities face ‘catastrophic flooding’
Recent sea-level variations and trends along the coast of Africa are primarily estimated with tide gauge records. However, the significant spatial and temporal gaps in the African tide gauge records limit the ability to monitor and understand sea-level observations as well as the driving mechanisms that underpin sea-level variations in the coastal zone. Global mean...
Namibia takes bold step to combat Tuberculosis
Turberculosis (TB) is one of the major public health challenges the mining sector in the southern African region faces, Ministry of Health and Social Services executive director Ben Nangombe has said. “Its impact is felt not only by the affected individuals and their families, but also by the broader community. One group at exceptionally high...
Kunene police headquarters nears completion
Uakutura Kambaekua OPUWO – The construction of the state-of-the-art Kunene regional police headquarters in Opuwo has resumed after a year-long hiatus, and is set for completion by November 2024. The building was originally set to be completed last year, but work was suspended in 2023 due to disputes between the government and the contractor. Construction...
Ovambanderu prepare for centenary commemoration
EPUKIRO – Preparations are underway for the Ovambanderu Centenary Commemoration scheduled for 31 October to 2 November 2024 at Epukiro Sports Ground in Omaueuozonjanda. The chosen dates will mark the significant history of the Ovambanderu people, commemorating 100 years since their migration from concentration camps to Epukiro in the Omaheke region. In 1924, the late...
Cleanergy to produce green hydrogen early 2025
Isabel Bento WALVIS BAY – Cleanergy Solutions says the much-anticipated arrival of a multi-million dollar electrolyser in December will see the official commencement of the production of green hydrogen by February next year. This was announced last Thursday by Ohlthaver & List Cleanergy Development Committee member Eike Krafft during a media tour of the plant...
Kenya court hears deputy leader’s impeachment challenge
NAIROBI – Kenya’s High Court yesterday began hearing an appeal by impeached deputy president Rigathi Gachagua over his ouster in an unprecedented Senate vote last week. But as the proceedings got underway, president William Ruto filed an objection, saying the court did not have the jurisdiction to hear the case, and that it was a...
UN ‘deeply concerned’ by Kenya’s return of Turkish refugees
NAIROBI – The United Nations yesterday expressed concern over the repatriation of four Turkish refugees from Kenya, who rights groups say were abducted and forcibly returned in violation of international law. The four – Mustafa Genc, Huseyin Yesilsu, Ozturk Uzun and Alparslan Tasci – were sent back to Turkey on Friday, according to the Kenyan...
EU observers claim ‘irregularities’ in Mozambique poll results
MAPUTO – European Union poll observers yesterday noted irregularities in the results of Mozambique’s general election, which has been contested by the opposition. On Monday, riot police in the capital Maputo fired tear gas to disperse a crowd protesting against alleged fraud in the 9 October presidential and parliamentary election, days after two associates of...
Over 250 women in talks with Harrods
LONDON – Upmarket London department store Harrods yesterday said it was in discussions with more than 250 women to settle claims of sexual misconduct by former owner Mohamed Al-Fayed. The disclosure came as the daughter of former England footballer Paul Gascoigne said she was assaulted by the late Egyptian billionaire when she worked at the...