Namibia: Latest News
Dana Sanchez, 1:24 pm
These days, Chinese arrivals mostly enter Africa as private citizens seeking business opportunities, not as workers for Chinese infrastructure projects. They’re highly adaptable and one result of the massive influx is new Chinatowsn popping up all over Africa. One example is Cyrildene Chinatown in a formerly predominantly Jewish neighborhood. It quickly displaced a century-old downtown Chinatown to become the most concentrated area of Chinese in Southern Africa.
Staff, 10:20 am
The ICC’s reason for existence is to hold the most powerful accountable. Nine out of 10 of the ICC’s current investigations are in Africa, leading to allegations of bias. Despite 34 African nations voluntarily signing up to the court’s jurisdiction, in recent years a handful of governments have decided their idea of international justice is incompatible with the ICC. When Kenyan President Uhuru Kenyatta was charged with crimes against humanity, the A.U. argued that heads of state should be entitled to immunity for the duration of their term.
Dana Sanchez, 10:19 pm
Emirates, the world’s largest airline by international passengers, could reduce the frequency of flights to Africa or cut them altogether, but other international airlines say they’re coming to the continent. Intra-Africa activity is also picking up — at least that’s the plan. Turkish Airlines wants to be No. 1 in the world, and Africa will help it get there, the airline’s chairman said this week following the country’s recent coup attempt. “Istanbul will rise and Africa will rise. We will rise together.”
Dana Sanchez, 8:52 pm AFKI Original
Burkina Faso is an Africa success story for press freedom. The recent military coup was accomplished without any major violations of freedom of information. Insulting the president may be decriminalized soon. Both print and broadcast media are more pluralistic and dynamic than most African countries. Transparent governments that respect human rights and the rule of law tend to be good for business and investment. We’ve highlighted 12 countries in Africa that rank highest for press freedom in 2016.
Dana Sanchez, 6:28 pm
Ibrahim got rich on telecommunications, but he has invested millions in good governance. “Power corrupts absolutely,” Ibrahim said. He called for more international outrage over stolen elections. “People are learning how to steal elections because that looks less brutal than saying ‘I’m president for life,'” he said. “There is a limit to how long they can go on stealing elections. More and more of these elections are being subject to the harsh light of … social media.”
Peter Pedroncelli, 5:10 am AFKI Original
Very few stocks have shown the consistency to remain within the FTSE/JSE Top 40 Index for the last 20 years, but 11 companies have managed the impressive feat. There are an elite group of businesses that have managed to stay in the top 40 of the Johannesburg Stock Exchange since 1996. Here are the 11 companies that have remained within the FTSE/JSE Top 40 Index for 20 years.
Keren Mikva, 8:47 pm AFKI Original
Mc Bright Kavari created a niche for his firm, Classic Fashion, as an elegant and dramatic fashion brand in Namibia. Kavari uses modern African styles combined with European-style twists, and loves to bend the norm and explore unique and untried ideas. An African fashion reception is underway through Sept. 15 at African Union headquarters in Addis Ababa showcasing designers from across the continent. Top designers — one each from 30 African countries — will be represented.
Peter Pedroncelli, 7:10 am AFKI Original
The Johannesburg Stock Exchange is an indicator of how companies in South Africa are doing, with JSE stocks attracting shareholders who believe in the future and profitability of these businesses. Here are the 12 most popular JSE stocks that shareholders were buying during the last two months.
Sarah Duff, 12:23 am
While most most visitors to northern Namibia go on game drives in Etosha National Park, Onguma Game Reserve is also worth exploring. The 34,000-hectare reserve is home to cheetah, lion, leopard and black rhino and loads of buck. The guides who take you on game drives at Onguma are excellent, as are all the staff on the reserve, who go out of their way to make your stay as faultless as possible.
Ann Brown, 9:37 am AFKI Original
Namibian Beata Mandy Shemuvalula predicts youth development in Africa will be one of the top five profitable businesses. “We are always looking to evolve new ways to monetize old business models,” Shemuvalula told AFKInsider. Her company, Youthia, aims to empower youth entrepreneurs. It is not a charity. “How could we just talk about entrepreneurship? We had to do it ourselves,” she said. Shemuvalula was part of Obama’s Young African Leaders Initiative.
- Real Estate