The EU🇪🇺 has maintained eight African countries on its high-risk list for deficiencies in anti-money laundering and counter-terrorism financing regimes.
The listed countries are Algeria🇩🇿, Angola🇦🇴, Cameroon🇨🇲, Côte d'Ivoire🇨🇮, Democratic Republic of the Congo🇨🇩, Kenya🇰🇪, Namibia🇳🇦, and South Sudan🇸🇸.
This designation does not impose economic sanctions but requires EU🇪🇺 financial institutions to apply enhanced due diligence for transactions involving these countries.
Consequences for businesses include increased compliance, stricter documentation requirements, and potentially longer transaction processing times.
The collapse of a Windhoek financial advisory firm has raised fears that Namibian investors, including pensioners, might have lost millions of dollars through foreign exchange trading.
https://t.co/5TdpXLff8p
Panasonic revealed a new display that uses Silky Fine Mist to make images appear to float in air, enhancing clarity and sharpness with fine mist particles.
To our customers in Brazil (who may not be able to read this as a result of X being blocked by @alexandre):
The Starlink team is doing everything possible to keep you connected.
Following last week’s order from @alexandre that froze Starlink’s finances and prevents Starlink from conducting financial transactions in Brazil, we immediately initiated legal proceedings in the Brazilian Supreme Court explaining the gross illegality of this order and asking the Court to unfreeze our assets. Regardless of the illegal treatment of Starlink in freezing of our assets, we are complying with the order to block access to X in Brazil.
We continue to pursue all legal avenues, as are others who agree that @alexandre’s recent orders violate the Brazilian constitution.
Starlink is now available in Botswana and Ghana!
Starlink is connecting people with high-speed internet in 105 markets all around the world, including 15 in Africa 🛰️🌍❤️ → https://t.co/G1myzWJQ6j
After thinking it through, SpaceX Starlink will provide emergency services access for mobile phones for people in distress for free.
This applies worldwide, subject to approval by country governments.
Can’t have a situation where someone dies because they forgot or were unable to pay for it.
UNINVITED GUEST: A baboon is captured on a CCTV camera forcing its way into a Windhoek house this morning. "Residents need to be careful. Dry conditions and 'muck' baboons make for a dangerous combination, especially in neighbourhoods where houses border the field," a resident warned.
Video: Contributed
BREAKING: Elon Musk (@elonmusk) blasts @JoeBiden's @WhiteHouse, writes, "Let’s not forget the White House giving Tesla the cold shoulder, excluding us from the EV summit and crediting GM with “leading the electric car revolution” in the same quarter that they delivered 26 electric cars (not a typo) and Tesla delivered 300 thousand."
Choppies Windhoek’s Cheapest Supermarket in November
After analysing the November data, Choppies has emerged as the most cost-effective among the eight grocery retailers.
On the contrary, Spar emerged with a higher-priced overall basket, totaling N$1,029.81, reflecting a 1.73% increase from October to November.
https://t.co/FxjMMgHgwm #namibia #food