Angolan President Joao Lourenco said on Monday that Angola should start constructing warships and invest in building shipyards. Initiating warship construction in Angola could lay the groundwork for the country’s naval industry, the president, who also serves as the commander-in-chief of the armed forces, told a ceremony marking the 47th anniversary of the Angolan Navy.
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Markets rise as China pledges fresh property support
Stock markets rose yesterday, with Hong Kong and Shanghai lifted by China’s moves to support its struggling property sector and authorities’ pledges to further help for the economy.
IATA partners with Aviation Impact Accelerator
The International Air Transport Association (IATA) and the Aviation Impact Accelerator(AIA), an international industry-academia partnership based at the University of Cambridge, announced a collaboration to accelerate the aviation sector’s transition to net-zero CO2 emissions by 2050.
Cash-strapped Pakistan gets US$2b from Saudi
Pakistan’s desperately low foreign exchange reserves were boosted yesterdaywith a US$2 billion deposit from Saudi Arabia, ahead of a key IMF meeting this month to approve a new deal.
FNB expands customer contact centre
FNB Namibia customers expressed happiness with their bank, and they are eager to recommend it to others. This is according to recent research that measured customer loyalty, satisfaction and enthusiasm for products, services and solutions.
Nedbank empowers micro-entrepreneurs in Rundu
In a groundbreaking initiative, aimed at advancing financial literacy, Nedbank Namibia proudly sponsored the One Economy Financial Training Masterclass in Rundu on 5 and 6 July 2023.
Secondary schools under construction in Erongo
In order to mitigate the ever-increasing need for school placements in the Erongo region, the Ministry of Education, Arts and Culture has contracted August 26 to construct additional classrooms and ablution blocks.
Man allegedly fatally assaults mother
The Khomas police have arrested a 38-year-old man on Monday, who reportedly assaulted his 66-year-old biological mother to death in the capital.
Schlettwein defends Kavango land allocation delays
Agriculture, Water and Land Reform minister Calle Schlettwein has denounced accusations levelled against him by the Kavango West and East farmers unions that he is reluctant to issue leasehold certificates to Small Scale Commercial Farming Units adjacent to Gazetted SSCFU in the two Kavango regions.
Prisoner escapes while under medical care
An inmate from the Windhoek Correctional Facility on Monday reportedly escaped from the Windhoek Central Hospital, where he was admitted for a sonar examination.