Namibia: Latest News
Dana Sanchez, 3:57 pm
Sub-Saharan Africa is largely dependent on rainfall, which has been erratic lately, and new partnerships are being forged from necessity. In May, South Africa announced a partnership with Iran to develop desalination plants along all coastal communities to boost water supplies. Algeria is using desalination on a large scale. South Africa is the main user of desalination technology in sub-Sahara. Ghana and Namibia also have operational plants.
Dana Sanchez, 3:07 pm AFKI Original
When multinational companies expand in Africa, they often send employees there on assignment. How much they pay these employees depends a lot on fluctuations in currency, inflation and accommodation prices. New York City-based human resources consulting firm Mercer has carved out a niche for itself for the last 22 years by compiling data that help big companies decide what to offer by way of expat packages. These are the 10 cheapest places to live out of 209 cities around the world if you’re an expat.
Dana Sanchez, 10:54 pm
Nigeria and Angola, the two African countries hit hardest by falling oil prices, have the highest number of hotels in the development pipeline this year. Zimbabwe-listed hospitality group African Sun laid off nearly 250 employees citing dwindling tourist numbers, lower room rates and the country’s deteriorating economic environment. About a third of the hotel deals signed between 2009 and 2013 haven’t materialized, mainly due to lack of financing. Carlson Rezidor is one that’s delivering.
Dana Sanchez, 7:46 pm
Goodluck Jonathan seems to have met the criteria for the Mo Ibrahim $5 million prize. He was democratically elected, served a constitutionally mandated term, and “demonstrated exceptional leadership,” according to a local media outlet. Ibrahim had some tough words for African leaders. “Excellence is excellence,” he said. He criticized leaders who crack down on gays instead of focusing on issues, like Kenyatta in Kenya, where gay sex is a crime. “Don’t tell people whom they should love,” he said.
Lara Moses, 7:00 pm
Sandboarding is growing in popularity throughout Africa, and the world. The best thing about this adrenaline-pumping sport is that you don’t have to wait for winter to come around to do it! Whether you’re just learning to sandboard or are a seasoned pro, it is something you have to try at least once in your life. Here are 15 of the best places to go sandboarding in Africa — and beyond.
Dana Sanchez, 6:28 pm
U.S. hotel firm Marriott, which bought South African hotel chain Protea in 2014, wants to reposition Protea from being a strong regional player to a globally recognized brand with international appeal by leveraging the power of its name, the parent company said. The Protea brand name may be changing, but among South African youth, it has been voted the coolest hotel brand six years in a row
Julia Austin, 12:21 pm AFKI Original
Four of the world’s 20 largest diamonds have been found at Lesotho’s Letseng mine — at 10,000 feet, the world’s highest-elevation diamond mine. In 2008, miners of Lesotho Gem Diamonds found a white 500-carat diamond in Letseng. It had very few inclusions, a rare color and was valued at $12 million before being cut up. Africa has more top diamond-producing countries than any other continent, and it’s the site of some mind-blowingly huge gemstones.
Dana Sanchez, 9:22 am
Under the trade agreement, the E.U. will guarantee Botswana, Lesotho, Mozambique, Namibia, and Swaziland 100 percent free access and South Africa 98.7 percent. SACU member countries do not have to respond with the same level of market openness. Instead, they can keep tariffs on products sensitive to international competition. The E.U. has never agreed before to such a degree of asymmetry in any free trade agreement. Other development-oriented free trade agreements could soon follow in West and East Africa.
Staff, 5:08 am
Southern African Development Community (SADC) and European Union (EU) signed the operationalisation of phase one of the two parties’ Economic Partnership Agreement (EPA) in Kasane town in north-eastern Botswana on June 10. There have been concerns that the conclusion of negotiations, which lasted for almost a decade, could result in EU’s advanced industries crowding out the infant industries in the region, especially those in the agricultural sector.
Julia Austin, 9:04 am AFKI Original
The Angolan diamond industry barely existed during the 1975-2002 civil war, but Angola caught up. The industry is on track to be worth $7.5 billion by 2018. Angola is trying to attract international investment. The CEO of the government-owned diamond company Endiama says 90 percent of Angola’s diamonds have yet to be discovered. Diamonds are a vital source of foreign exchange for cash-strapped African countries.
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