Category: World
BRICS’ $1Bn Loan to SA Challenges Traditional Financial Institutions
By: David Shoombe South Africa has secured a $1 billion loan from BRICS’ New Development Bank (NDB) for infrastructure upgrades to projects such as energy, roads and ports. According to the bank, in the past 10…
G7 Summit Outcomes to Prove Critical for Africa
By: David Shoombe Amid global uncertainty and rising fuel and commodity prices, the Group of Seven (G7) Summit draws attention as a platform to address global security, economic imbalances, and competition. The summit is being held in Évian-les-Bains,…
International Court of Justice Confirms Workers Have a Right to Strike
The International Court of Justice (ICJ) stated that workers have a right to strike. The court was approached by the International Labour Organisation (ILO) in 2023 for an advisory opinion on the ILO Convention of 1948 and its…
China, USA, Global Powers, Smoothing Economic Interests
By: David Shoombe In the recent two-day US–China summit in Beijing, Chinese President Xi Jinping told the US delegation that “China and the USA should be partners, not rivals. Addressing the USA delegation at the State Banquet, Jinping…
The Answer is Not Aid, but Strategic Investment – EU
By: Dwight Links The European Union (EU) Delegation to Namibia outlined that the new Global Gateway program is a quest for improved partnerships based on strategic investment offers, not aid. The delegation revealed during the just-ended EU-Namibia Business…
Reserves Shield Economies from Shocks – IMF
By: Mathias Hangala The International Monetary Fund (IMF) says adequate foreign exchange reserves play a role in shielding economies from shocks and strengthening economic resilience. In a report released through its social media platforms last week, the…
International Conflicts Could Affect Namibia’s Development Goals
David Shoombe Namibian trade analysts indicate that Namibia’s national developmental priorities may be delayed as a result of the nation’s economic vulnerability to being affected by global conflicts. With the ongoing attacks of US-Israeli forces on Iran, the threat of…
Climate Risks Endanger Global Economy – WEF
By: Mathias Hangala The 2026 Global Risks Report by the World Economic Forum (WEF) warns that amidst trade fragmentation, supply-chain volatility, and technological disruption, climate change remains a threat to the global economy. The report states that climate…
World Enters Water Bankruptcy Stage
By: Dwight Links The world is currently entering a water bankruptcy phase, found the United Nations University Institute for Water, Environment and Health (UNU-INWEH). The Institute’s chief author of the Global Water Bankruptcy report, Kaveh Madani, stated…
Women are Central to Building a Future-Proof Workforce
According to a WEF report, the world is at the threshold of the Fourth Industrial Revolution and sounding a clear alarm: a sustainable economy cannot be achieved without gender parity. The report notes that placing women at the…