The Old Mutual Investment Group (OMIGNAM) and Old Mutual Corporate Segment (OMCS) on Friday announced a three-year sponsorship commitment to the Walvis Bay Sages Golf Tournament. With a total commitment of N$100,000, this partnership underscores Old Mutual’s dedication to fostering community development and supporting initiatives that make a meaningful impact. The Walvis Bay Sages Golf Club is renowned for its charitable efforts, raising funds annually and channelling them back into the local community. This year, the club will donate N$10,000 to the Walvis Bay Cancer Association and another N$10,000 to His House Old Age Home, reinforcing its commitment to health and social welfare. Speaking on the sponsorship, Fabio Do Rego, Old Mutual Corporate Segment National Sales Manager, said that “At Old Mutual, we believe in building communities and creating shared value. Supporting the Walvis Bay Sages Golf Tournament aligns perfectly with our purpose of championing financial well-being and social upliftment....

By Saliem Fakir * Cape Town – With the world barrelling to increasingly urgent climate deadlines, African policymakers must move beyond the comforting illusion that simply producing more renewable electricity will satisfy global emissions-reduction targets. In reality, a climate strategy that focuses on green energy but neglects development risks delivering climate gains without yielding development dividends. While Africa’s greenhouse-gas emissions remain low on average, the continent faces profound economic and debt pressures that could impede its ability to decarbonize and build resilience. Any credible climate strategy must therefore combine debt relief with growth-oriented, low-carbon development. These ideas are central to the latest report from the Africa Expert Panel, which was established under South Africa’s G20 presidency to examine how to channel investment in ways that support durable, broad-based development. The report calls for coordinated debt relief and urges G20 leaders to mobilize public and private capital to jumpstart African innovation....

A blank space or an ‘NR’ indicates no readings received.An ‘e’ indicates that the water level has been estimated.A ‘w’ indicates that conditions were very windy, resulting in an inaccurate reading.Omatjenne Dam does not have abstraction facilities.The dam contents are according to the latest dam basin surveys.The inflow that is reflected in the bulletin does not take into account evaporation and abstraction of water.An ‘N/A’ indicates that there is no rain gauge at the dam. * Transfer from Omatako to Von Bach Dam only for online users.** Transfer from Otjivero Main to Tilda Viljoen took place.*** Due to rain, the Otjivero silt level remains the same as last week until a new reading is available.   Source link