Month: June 2023

THE Namibian Financial Institutions Supervisory Authority (Namfisa) recovered more than N$2.2 million on behalf of disgruntled consumers during the quarter ended 31 March 2023. 

The shortage of pork on the local market due to a ban of imports from South Africa owing to the outbreak of foot-and-mouth disease has pushed up prices for meat processors and consumers. 

The 25th edition of the Africa energy forum opened in the Kenyan capital of Nairobi Tuesday with delegates renewing the call for greater uptake of clean sources of energy to secure a climate-resilient future for the continent. 

Crude oil future prices dropped on Tuesday amid concerns over oil demand outlook. 

Britain’s annual inflation rate unexpectedly remained at 8.7% in May, official data showed Wednesday, piling pressure on the Bank of England and government to act over a cost-of-living crisis. 

China will extend its preferential purchase tax policy for new energy vehicles to the end of 2027, Chinese authorities have said. 

Swiss president Alain Berset announced yesterday that he will quit the government at the end of 2023, in a surprise move after more than a decade of ministerial service. 

Fifteen people died of alcohol poisoning in Iran after consuming bootleg booze, state media reported on Wednesday, as the number of similar deaths increases across the country. 

China’s foreign ministry on Wednesday slammedcommentsbyUnited States President, Joe Biden, equating Chinese leader Xi Jinping with “dictators” as an “open political provocation”. 

Namibian cyclist Rodney Stewe was yesterday crowned world champion in the five-kilometre (km) cycling event, while Fimanekeni Hamutenya won a silver medal in the 1 500 metre race at the 2023 Special Olympics World Games.