Thursday, March 28

Opinion

President Hage Geingob
  • President Hage Geingob was truly an African giant, but one whom far too many people didn’t know about.
  • Namibia has President Geingob to thank for its rapidly developing green hydrogen sector, which will lead to even more jobs, business opportunities, and access to electricity for Namibians.
  • The late Geingob’s visionary leadership, integrity, and his wise approach to building Namibia’s hydrocarbon and renewable energy sectors was outstanding.

On Monday morning, February 4, many of us woke to the news of the tragic passing of Namibian President Hage Geingob.

The death of this great man and remarkable leader is a tremendous lsac à dos eastpak jordan proto max 720 yeezy boost 350 v2 hyperspace yeezy shoes under 1000 inflatable kayak sit top kayak custom kings jersey nike air max 90 futura sac à dos eastpak deuce vaughn jersey nike air max 90 futura 8 ft kayak kansas city chiefs crocs nike

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energy costs
  • In Africa, just like elsewhere, energy-intensive businesses are under great pressure to decrease CO2 emissions.
  • Wärtsilä Energy knows more about this than most: many of our mining and industrial partners in Africa operate their microgrids, either from choice or necessity.
  • While wind and solar power can offer emission-free energy at lower costs than fossil fuels, their intermittent nature adds uncertainty to the system.

In African countries, particularly those with a well-developed industrial sector, a significant portion of energy production may come from the industry’s own power plants.

This is especially true in countries with low grid reliability, and industries rely on self-generated power to ensure a stable energy supply.

In this article, we offer insights into Wärtsilä Energy’s approach to supporting energy-intensive industries to optimise the use of renewable energy and reach their decarbonisation objectives.

In Africa, just like elsewhere, energy-intensive businesses are under great pressure to decrease CO2 emissions …

food security climate change agriculture
  • Food security is increasingly under threat as extreme weather events, shifting agro-ecological zones and changes in rainfall patterns accelerate the risk of food insecurity.
  • In response to the challenges posed by climate change, various adaptation measures have been identified and implemented.
  • These aim to improve livelihoods and enhance food security while mitigating the impact of climate change.

Climate change is an undeniable reality, and its consequences have far-reaching effects on various sectors, particularly agriculture and food security. RSK Tanzania Senior Social Consultant Geofrey Mutayoba says developing countries are particularly vulnerable to the impacts of climate change, as their economies heavily rely on agriculture. However, innovative adaptation measures are being introduced that are yielding benefits that go beyond climate resilience.

Food security is increasingly under threat as extreme weather events, shifting agro-ecological zones and changes in rainfall patterns accelerate the risk of food insecurity. Developing countries face significant challenges in providing …

Kenya-Germany cooperation on climate action.
  • As temperatures keep rising and emissions soar, the planet, too, continues to break (dangerous) new records.
  • Climate change is a shared problem that the global community must solve by working together.
  • With a strong partnership between Africa, Europe, and the rest of the international community, Kenya, can make significant contributions to the global transition to a net-zero economy.

NAIROBI – Last year in Berlin, the great Kenyan long-distance runner Eliud Kipchoge broke the world marathon record, clocking 02:01:09 and beating his previous time by 30 seconds. His success has made him a legend not only in Kenya but globally. It offers a useful lesson for everyone involved in the fight against climate change. Kipchoge’s winning strategy is rooted in the science of running (as well as 120 miles of hard work every week), and our own approach to the climate crisis must involve the same level of commitment and …

Starlink in Tanzania. Starlink invests in Tanzania.

 

It all started with a Tweet which called out on Elon Musk to come and invest in Tanzania to which Musk responded that Starlink is soon coming to Tanzania and that they are just waiting for government approvals. The Minister for Information, Communication and Information Technology, Honourable Nape Nnauye, responded to Elon Musk’s twitter stating that the application was already reviewed and that Starlink was to meet some requirements that were outstanding.

Twitter Tanzania went wild! Everyone was scurrying to welcome Elon Musk’s investment in Tanzania and wondering why it was taking so long. The star effect of Elon Musk is undeniable however, regulatory officials need to look past the stardom and look at the merits of the investment.

Starlink is a satellite internet constellation operated by SpaceX providing satellite Internet access to most of the Earth. The constellation consists of about 2000 satellites and the number is growing.…

Al Shabab fighters www.theexchange.africa

As the world grapples with the impact of the global recession caused by the Covid 19 pandemic, the impact of the Russia – Ukraine war, the effects of climate change, and other challenges, terrorists and violent extremists, including Da’esh, Al-Qaida, and their affiliates, continue to intensify their activities on the African continent aggravating an already difficult situation.

The response has been, by and large, heavy on the military. Still, countries are increasingly focusing on prevention with a particular focus on addressing the root causes, such as poverty reduction, strengthening institutional capacity to respond to the needs of their populations, and local reconciliation. One issue, in particular, has captured the attention of many experts working to address the root causes of radicalization, which is impunity.  Indeed, the root cause of radicalization, cyclical violence, and the war was a culture of impunity.

Also Read: Peace and Politics: Can Congo achieve economic stability?

IMF, International Monetary Fund

The New Tanzania Investment Act 2022 has now become law replacing the Tanzania Investment Act Cap 38 RE 2015 and its amendments. While there was an expectation for major changes, the reality is that the new Act is more or less the same as the previous minus a few differences outlined below:

1. The Act is in the Kiswahili language and there is no translation of the same in English.

2. Removal of the automatic immigration quota of 5 work and residence permits for expatriates workers. While previously an investor registered at the TIC would be allowed up to 5 immigration permits and this was typically used for investors’ strategic employees, this incentive is removed which means there is no guarantee for the investor to obtain immigration permits for its strategic employees who will be treated like every other applicant.

3. Local Investors ie Tanzania nationals or companies

Licensed insurance agents in Kenya mainly practice insurance under a cash-and-carry basis meaning they do not get insurance coverage till they pay cash for them. www.theexchange.africa

Insurance brokers in Kenya, as well as insurance agencies, can negotiate terms requiring insurance coverage under credit terms, as happens in the banking industry. The article seems to go all out to malign the insurance agents’ names by saying they are the ones owing the billions.

This gives the impression there could be a hidden motive in the penning of the article. The Kenyan insurance sector is highly regulated, and a working regulator should ensure that such cases are unheard of with licensed insurance agents in Kenya.

According to the Insurance Act Cap 487 Section 156 talks about insurance premiums and the manner in which they are supposed to be remitted to the insurer. Insurance brokers in Kenya are supposed to remit their premiums immediately after they receive the same from the client. Other intermediaries have a certain window within which they are supposed to remit the premiums and this …

Ope Babalola. He is the Managing Director of Webb Fontaine. www.theexchange.africa

One of the many lessons learned from the pandemic is that SMEs need to embrace digital transformation, not just to weather unplanned challenges but because it will help them be more competitive and stable. Digital enablement is not just a means of survival. It is a way for SMEs to conduct business more efficiently, which in turn can empower them to expand their operations and earnings further. 

Being nimbler than their big business counterparts, SMEs can quickly rethink their marketing strategies and adopt new technologies to enhance their offerings faster. Digital innovation provides extraordinary opportunities for SMEs. It empowers them to implement new market models, has a greater line of sight across their business, improves traceability, and meet their customers, service providers, and logistics partners, in many instances, all on the same page. 

In the digital trading space, solutions such as import/export platforms, automated cargo-tracking and digital reporting of non-tariff…

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