– The Ministry of Finance and Public Enterprises says it is reviewing and reforming the country’s taxation policy, as it seeks to maximise taxes from the insurance sector, online magazine, The Brief reports. This comes as Namibian companies pay an average tax rate of 30%, while insurance companies are paying around 12%. – The Brief
– Israel has recalled its ambassador in South Africa “for consultations”, Israel’s foreign ministry has said. The recall of Israeli Ambassador Eliav Belotserkovsky came just before South Africa began hosting a virtual summit of the Brics group of emerging economies, which includes China and Russia, on the Israel-Hamas war. – BBC
– Israel’s cabinet has approved a deal with Hamas to secure the release of 50 hostages being held in Gaza. The hostages will be released over a four-day pause in fighting, a statement from the Israeli prime minister’s office says. – BBC
– Ghana and South Africa suffered shock defeats in qualifying for the 2026 Fifa World Cup, while Cameroon and Senegal were forced to settle for draws away from home. – BBC Sport
– Heatwave conditions expected in the south into the weekend.