01 December 2023

– The Ministry of Finance and Public Enterprises maintains Namibians are not overtaxed as it may seem because if that were the case the Treasury could have been recording a budget surplus. According to the Ministry’s Deputy Executive Director Oscar Capelao, when compared to other countries, Namibia has a competitive tax regime.  – The Brief

– In a surprise that has lit up COP28, delegates have agreed to launch a long-awaited fund to pay for damage from climate-driven storms and drought. The EU, UK, US and others immediately announced contributions totalling around $400m for poor countries reeling from the impacts of climate change. – BBC

– Eight more Israeli hostages were freed from Gaza on Thursday, Day 7 of the truce with Hamas. Talks are continuing about extending the pause – with the US saying it’s working “by the hour” with Qatar, Egypt and Israel to try and extend it. – BBC

– Uganda’s qualification for the men’s T20 World Cup in 2024 is a “dream come true”, says their captain Brian Masaba. Uganda have reached the tournament for the first time after a nine-wicket victory over Rwanda. The win means the Cricket Cranes finish second in the African qualifiers in Windhoek, Namibia. – BBC Sport

Moderate to heavy falls expected over the northern half of the interior tomorrow in places.