Namibia: Latest News
Kurt Davis Jr., 8:45 am AFKI Original
South African commodities will likely feel more pain in the second half of 2016. Some argue that a potential sale of Barclays Africa is influenced by the significant drop in its value relative to the rand and the subsequent effect on the JSE. Customers in Africa, at the end of the day, all want better access to financial services. Banks must be efficient, competitive and reduce cost to retail customers in mature and immature markets. That would benefit the entire continent, not simply Southern Africa.
Dana Sanchez, 9:10 pm
Several cities in Africa rank among the world’s most expensive, reflecting high living costs and high prices of goods for expats. Luanda (No. 1) remains the most costly city in Africa and the world, followed by N’Djamena (No. 10), Victoria (No. 17), and Libreville (No. 30). Below we’ve ranked 13 cities in Africa with the lowest cost of living. South Africa made it onto this list twice. No. 1 on this list — the city in Africa with the lowest cost of living — ranked No. 206 out of 207 countries, only slightly more expensive than Bishkek, Kyrgyzstan.
Dana Sanchez, 1:34 pm
Marriott International, already the largest hotel chain in Africa, is continuing to expand on the continent and plans to build its first hotels in seven African countries between now and 2025. In 2014, Marriott acquired South Africa’s Protea hotels. In January, it said it would merge with competitor Starwood in a $12.2 billion deal that will make the U.S.-based corporation the largest hotel chain in the world. The buyout is expected to be complete in mid-2016.
Dana Sanchez, 10:54 am
Investment in HIV/AIDS treatment is paying off. From 2000 to 2015, all sub-Saharan African countries saw life expectancy rise. Seven African countries are notable for their health care systems. This provides an upbeat alternative to the gloom of the Africa falling narrative that questions the growth of Africa’s much-hyped rising middle class and charges African leaders with poor governance.
Roxanne Reid, 7:00 pm
Etosha National Park in northern Namibia is probably one of the best wildlife parks in all of southern Africa, the game viewing at its water holes unmatched. There are more than 40 water holes in Etosha, each with its own strengths – unless they’re dry or there’s water everywhere in the veld after good rains, which usually fall between November and April. For the most consistently good wildlife sightings over the years, here are 10 of my favourites.
Carri WilbanksAFKI Original
Benni McCarthy played for seven football clubs in five countries during a glittering career that saw him become a South African football legend. With time spent as a professional footballer at Celta Vigo, Porto, the Blackburn Rovers and West Ham United, and a number of records to his name, he retired from football in June 2013 as one of the best players to emerge from South Africa. Here are 8 things you didn’t know about Benni McCarthy.
Lillian Mutiso, 6:35 am AFKI Original
Most African countries have reached the Millennium Development Goals of reducing the percentage of populations who are in danger of starvation by improving their agricultural produce through irrigation schemes. The continent has 60 percent of the world’s uncultivated land that is arable. Unpredictable weather conditions however pose a big challenge to the agricultural production. This has led to many countries adopting irrigation farming as a way of increasing food production
Peter Pedroncelli, 5:52 am
New FIFA president Gianni Infantino has suggested that Africa should receive two more World Cup qualification spots if his plan to expand the flagship competition from 32 to 40 teams is successful. Swiss UEFA Secretary General Gianni Infantino was elected as the new FIFA president at the end of February, and began working for world football’s governing body with immediate effect.
Staff, 12:01 am
Once completed, it’s hoped the SKA will find answers to some of mankind’s biggest mysteries, like is there life on other planets, and what happened before creation. There’ll be 3,000 giant satellite dishes pointed at space, with 70 percent of them in South Africa. The rest will be in eight other African countries and Australia. By June, 21 of the 64 Meerkat test dishes are expected to be operating .
Dana Sanchez, 4:41 pm AFKI Original
Founded by an entrepreneurial Angolan couple, AJS transported goods in and out of Luanda during the Angolan civil war when no one else would. The family-owned company didn’t just survive. It’s now Angola’s No. 1 logistics provider, and wants to tell its story to the world at a time when competition is mounting. Logistics and transport are often cited as some of the best investment opportunities in Africa. AJS CEO Luis Silva talked to AFKInsider about how the company is differentiating.
- Real Estate