The Capricorn Foundation has launched a Food Waste Challenge, calling for solutions to reduce food waste in Namibia. The challenge is based on an open innovation platform, allowing anyone to participate in this challenge, offering N$100 000 for the winning solution.
National
Trustco reports profit more than 10 times’ revenue
For the six months ended 28 February 2022, Trustco Group Holdings Limited reported revenue of N$51.6 million, and profit of close to N$580 million. This means the group’s profit was about 11 times more than reported revenue. These results are contained in Trustco’s release of its latest unaudited, condensed, consolidated interim results.
ReconAfrica and Namcor spud first of four oil targets
Canadian oil and gas company Reconnaissance Energy (ReconAfrica) and its joint venture partner, the National Petroleum Corporation of Namibia (Namcor), have confirmed spudding of the first of four wells on 25 June 2022 that were identified with previous exploratory drilling.
Opinion – Uphill battle of modern youth
The ever-growing tension between the youth and government need a proper strategised remedy to avoid reaching the crisis point of social unrest.
Opinion – Unpacking Namibia’s rating downgrade
Fitch Ratings (Fitch) downgraded Namibia’s long-term foreign currency credit rating to BB- and changed the outlook from negative to stable on Friday, 24 June. This reflects high and rising government debt, exacerbated by the economic shock.
Opinion – Time to resuscitate the political unity
In the Holy Book, King Solomon, the wisest person whoever lived in the third chapter of Ecclesiastes states that there is time for everything in the universe.
Opinion – Leveraging the use of digital marketing … a start-up company’s perspective
The use of digital marketing has been seen as one of the most effective tool start-ups can use to advertise products and services, push brand awareness and help in capturing and maintaining a position in the market.
Opinion – An open letter to America
A week or so ago, Americans commemorated Juneteenth – the day slavery was abolished in Texas on 19 June 1865.
Opinion – Appraising the obligations under the Paris Agreement
The Paris Agreement is referred to as a landmark Agreement on climate change, which establishes ambitious efforts to reduce the world temperature below 2 degrees Celsius and to adapt to the effects of climate change.
Letter – Looming global debt crises
In Latin America, they regard the 1980s as a lost decade because they faced financial turmoil at the time.