Efforts by central banks to strengthen economies crucial: Prime Minister

Prime Minister (PM) Saara Kuugongelwa-Amadhila has emphasised the importance of continued coordinated efforts between governments and central banks to strengthen support to the economy, in turn accelerating growth and employment creation.

Kuugongelwa-Amadhila made the remarks at the opening of the 57th meeting of the Southern African Development Community (SADC) Committee of Central Bank Governors (CCBG) in Swakopmund on Friday.

According to the PM, although central banks have managed to tame inflation and ensure that inflation pressures do not erode household incomes or spiral out of control, inflation largely emanating from recent global developments still remains sticky. Kuugongelwa-Amadhila said this has introduced a policy conundrum that has been testing the resolve of central banks.

“Optimism should certainly be exercised with caution as the battle is not yet won and in some of our member countries, inflationary pressures are still intensifying. Growth Domestic Product growth in the region continues to diverge but output generally remains below potential, with unemployment at higher levels. Whether these below-potential activity levels stem from structural or cyclical factors, it is here now and we must collectively craft ways to deal with it,” she stated.

The CCBG meeting provides an opportunity for SADC Central Bank Governors to receive updates on progress made with the implementation of the CCBG 2021-2023 strategy and further accords them the chance to craft the new 2024-2026 CCBG strategy.

The meeting, according to the Premier, takes place at a time when the SADC region like elsewhere is confronted with the problem of high inflation and low economic growth.

Also speaking at the event, Bank of Namibia Governor Johannes !Gawaxab said the meeting is taking place against the backdrop of a challenging and uncertain global economy characterised by low growth, and high inflation, among others, which should therefore be addressed.

“Our economic order is built on the pillar of monetary stability and without a sound monetary system, investments decline, growth falters and the aspirations of our people are jeopardised. Our efforts at financial integration rely heavily on this stability, which serves as the fundamental cornerstone,” he said.

Source: The Namibian Press Agency

Cervical screening campaign set for Outjo

The Cancer Association of Namibia (CAN) in collaboration with the Ministry of Health and Social Services will run a cervical screening campaign set for 25 to 29 September 2023, at Outjo in the Kunene Region.

According to CAN Chief Executive Officer, Rolf Hansen on Friday, the collaborative project aims to make cervical cancer screening services available to all women in the district, boosting early diagnosis and treatment.

The campaign encompasses both Visual Inspection by Acetic Acid (VIA) and Pap smear tests (cytology) and seeks to bridge the accessibility gap by making screening services readily available to every woman in the district.

Hansen said that acknowledging budgetary constraints faced by themMinisterial campaign, CAN extends its unwavering support to ensure that vital consumables necessary for the screenings are secured.

“CAN fully supports health ministry teams that take the initiative to proactively serve their communities and therefore wholeheartedly supports this request for support. This campaign aligns with CAN’s own National Cancer Outreach Programme and reflects our own ongoing commitment to fighting cancer and its devastating effects in Namibia,” he said.

Hansen noted that cervical cancer is a substantial global health concern, ranking as the fourth most common cancer among women and leading to significant fatalities annually.

“CAN underscores the importance of educating the community about cervical cancer, HPV, and the HPV vaccine. Routine cervical screenings, such as Pap tests and Visual Inspection by Acetic Acid (VIA), are pivotal in detecting and addressing abnormal cell changes early, forestalling their progression to cancer,’’ he said.

By endorsing campaigns like the cervical cancer screening initiative in the Outjo district, CAN strives to heighten awareness, amplify screening accessibility, and ultimately mitigate cervical cancer prevalence in Namibia.

Source: The Namibian Press Agency

Shitembi happy to be back in the Brave Warriors squad

Namibia’s international player Petrus Shitembi said it always feels good to wear the national colours and represent Namibia.

The left-footed football player currently playing for Kuching City in Malaysia has not featured for the Brave Warriors since he last played in the African Nations Cup qualifiers against Burundi in May 2022.

Shitembi, one of the most capped Brave Warriors players with 71 caps, told Nampa on Thursday that he is happy to be back in the squad and looking forward to facing South Africa on Saturday.

“We are looking forward to the match. The boys are in good spirits. My individual goal is always to do my best and try to help the team as best as I possibly can,” he said.

The Namibian dribbling wizard added that as a player, he would like to be remembered on a positive front both on and off the field, noting that “I hope our examples are those that can assist the younger players in realising their potential and ultimately achieving their individual goals and aspirations.”

Shitembi added that their Saturday game against South Africa will be a difficult one which holds a lot of history.

“You know, being neighbours and all, it always turns out to be an interesting encounter, and we don’t expect any different. But we are ready for the match. The technical team has prepared the boys as best as they could and we are looking forward to it and will give it our best,” he said.

The Brave Warriors of Namibia will take on their South African counterparts Bafana Bafana in an international friendly match at the Orlando Stadium in Johannesburg at 15h00 on Saturday.

Source: The Namibian Press Agency

eXp Realty Supercharges Agent Earning Potential

Introducing the “Accelerate” agent incentive program, breaking down growth barriers through accelerated revenue share opportunities

eXp Realty Supercharges Agent Earning Potential

Introducing the “Accelerate” agent incentive program, breaking down growth barriers through accelerated revenue share opportunities

BELLINGHAM, Wash., Sept. 07, 2023 (GLOBE NEWSWIRE) —  eXp Realty®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced the launch of Accelerate – an incentive program focused solely on helping eXp agents build for their future by maximizing their revenue share earning potential during their first year with the company.

“In the lifespan of an agent, a critical component of long-term success is the ability to build for their retirement, so we launched Accelerate to help catalyze their potential earnings and create momentum in the first year and build for their future,” said Glenn Sanford, Founder and CEO of eXp Realty. “We continue to be relentlessly focused on delivering a model that puts agents first. I couldn’t be more proud of what we have created, especially for those looking to build long-term wealth, with our revenue share and equity programs for agents, as well as a favorable cap and split model.”

Accelerate, which is available in all 24 countries where eXp Realty operates, applies to agents who joined on or after March 1, 2023. The program automatically opens revenue share tiers 2 and 3 for 12 months beginning Sept. 7, 2023, creating the opportunity to have 10 front line qualifying agents (FLQA) immediately. This can open up the eXponential components of eXp’s revenue share program in that first year. After the 12-month period, standard revenue share criteria will apply.

“Accelerate was designed to reduce barriers and incentivize agents to grow their organizations,” said Michael Valdes, Chief Growth Officer, eXp Realty. “It enables them to focus on selling and growing their businesses while earning the maximum potential revenue share for tiers two and three for the first year. Our aligned compensation model, where agents are rewarded for both production and contributions to eXp’s growth, brings more value than ever before.”

This launch comes on the heels of the company’s June announcement that, for the first time, was refining revenue share criteria for its agents, reducing the current FLQA tier 7 threshold from 40 to 30 FLQA. As part of its efforts to continually enhance its model, the company also launched Boost, a program designed to financially incentivize qualifying independent teams and brokerages to join eXp Realty.

Revenue share is just one part of eXp Realty’s aligned compensation model, which also includes competitive commissions and stock equity programs designed to enable its agents to build for their future.

About eXp World Holdings, Inc.

eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty®, Virbela and SUCCESS® Enterprises.

eXp Realty is the largest independent real estate company in the world with more than 88,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama, Germany, Dominican Republic, Greece, New Zealand, Chile, Poland and Dubai and continues to scale internationally. As a publicly traded company, eXp World Holdings provides real estate professionals the unique opportunity to earn equity awards for production goals and contributions to overall company growth. eXp World Holdings and its businesses offer a full suite of brokerage and real estate tech solutions, including its innovative residential and commercial brokerage model, professional services, collaborative tools and personal development. The cloud-based brokerage is powered by Virbela, an immersive 3D platform that is deeply social and collaborative, enabling agents to be more connected and productive. SUCCESS® Enterprises, anchored by SUCCESS® magazine and its related media properties, was established in 1897 and is a leading personal and professional development brand and publication.

For more information, visit https://expworldholdings.com

Safe Harbor Statement

The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Such forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to revise or update them. Such statements are not guarantees of future performance. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include changes in business or other market conditions; the difficulty of keeping expense growth at modest levels while increasing revenues; and other risks detailed from time to time in the company’s Securities and Exchange Commission filings, including but not limited to the most recently filed Quarterly Report on Form 10-Q and Annual Report on Form 10-K.

Media Relations Contact:

eXp World Holdings, Inc.

mediarelations@expworldholdings.com

Investor Relations Contact:

Denise Garcia

[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/04ad7948-9819-48ea-92e3-6e0804785bab

GlobeNewswire Distribution ID 8918619

eXp World Holdings Appoints Fred Reichheld to Board of Directors

Net Promoter® System creator and one of the world’s leading experts on customer and employee loyalty brings unparalleled knowledge of employee and customer satisfaction

eXp World Holdings Appoints Fred Reichheld to Board of Directors

Net Promoter® System creator and one of the world’s leading experts on customer and employee loyalty brings unparalleled knowledge of employee and customer satisfaction

BELLINGHAM, Wash., Sept. 07, 2023 (GLOBE NEWSWIRE) —  eXp World Holdings, Inc. (Nasdaq: EXPI) (the “Company”) this week announced the appointment of Net Promoter® System (NPS) creator Fred Reichheld to the Company’s board of directors, effective Sept. 7, 2023.

“We are honored to welcome Fred Reichheld to our Board of Directors,” said Glenn Sanford, Founder, CEO and Chairman of eXp World Holdings. “For companies that value customer and employee satisfaction and loyalty, as we do, the holy grail is the Net Promoter System. Conducting regular NPS surveys with our agents and staff since 2016 is core to delivering on our agent-centric mission, and Fred shared his wisdom with our team at this year’s Shareholder Summit. I am thrilled to have him on our Board of Directors and look forward to working even more closely together.”

In addition to creating the NPS system, Reichheld is a sought-after speaker and best-selling author. His most recent book, “Winning on Purpose: The Unbeatable Strategy of Loving Customers,” explains how NPS helps companies become truly customer-centric, experiencing profitable growth through systematically converting more customers into promoters and fewer into detractors. He is currently a Bain & Company Fellow and founder of their Loyalty practice. He graduated with honors both from Harvard College (B.A., 1974) and Harvard Business School (M.B.A., 1978).

Concurrent with Reichheld’s appointment, Sir Darren Jacklin will step down but continue to serve on the eXp Realty Canada Board of Directors. Following these changes, the eXp World Holdings board will comprise seven directors, four of whom are independent. Jacklin served on the eXp World Holdings Board of Directors for nearly 10 years.

“Darren has been an integral part of this company, and we are fortunate to have his continued insight and leadership on the eXp Canada Board of Directors,” said Sanford. “I would like to personally thank him for all his many contributions over the years. His experience traveling to four continents and over 50 countries mentoring entrepreneurs and business owners on specific and measurable strategies designed to build their success was a great asset to us. eXp Canada will greatly benefit from his experience and wisdom.”

About eXp World Holdings, Inc.

eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty®, Virbela and SUCCESS® Enterprises.

eXp Realty is the largest independent real estate company in the world with more than 88,000 agents in the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama, Germany, Dominican Republic, Greece, New Zealand, Chile, Poland and Dubai and continues to scale internationally. As a publicly traded company, eXp World Holdings provides real estate professionals the unique opportunity to earn equity awards for production goals and contributions to overall company growth. eXp World Holdings and its businesses offer a full suite of brokerage and real estate tech solutions, including its innovative residential and commercial brokerage model, professional services, collaborative tools and personal development. The cloud-based brokerage is powered by Virbela, an immersive 3D platform that is deeply social and collaborative, enabling agents to be more connected and productive. SUCCESS® Enterprises, anchored by SUCCESS® magazine and its related media properties, was established in 1897 and is a leading personal and professional development brand and publication.

For more information, visit https://expworldholdings.com

Safe Harbor Statement

The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Such forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to revise or update them. Such statements are not guarantees of future performance. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include changes in business or other market conditions; the difficulty of keeping expense growth at modest levels while increasing revenues; and other risks detailed from time to time in the company’s Securities and Exchange Commission filings, including but not limited to the most recently filed Quarterly Report on Form 10-Q and Annual Report on Form 10-K.

Media Relations Contact:

eXp World Holdings, Inc.

mediarelations@expworldholdings.com

Investor Relations Contact:

Denise Garcia

[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/097fbd03-129c-44d0-bb81-073f4d26b3a7

GlobeNewswire Distribution ID 8917806

Resonac fait équipe avec Matmerize pour créer un avancement de la technologie 6G en utilisant un logiciel d’IA innovant

ATLANTA, 07 sept. 2023 (GLOBE NEWSWIRE) — Dans le cadre d’une collaboration importante, Matmerize, Inc., un innovateur en IA des matériaux, et Resonac Corporation ont formé un partenariat stratégique visant à révolutionner le paysage de la technologie 6G. S’appuyant sur les fondements d’une collaboration robuste, Resonac tirera parti de la technologie du logiciel d’IA PolymRize™ de Matmerize afin d’accélérer le développement de matériaux purs et composites exceptionnels et haute performance pour la technologie 6G et plus encore.

En janvier 2023, Resonac Corporation a annoncé des projets consistant à développer de nouveaux matériaux de semi-conducteurs pour la 6G, la norme de système de télécommunication de nouvelle génération faisant suite à la 5G. Alors que la 6G s’apprête à être 100 fois plus rapide que la 5G, de nouveaux matériaux de semi-conducteurs sont nécessaires pour réduire de manière considérable la perte de transmission associée à la vitesse de communication accrue. Pour répondre à cette exigence, Resonac identifiera les matériaux optimaux avec les caractéristiques requises grâce à des méthodes computationnelles et à l’intelligence artificielle (IA) dans le cadre d’une initiative collaborative avec Matmerize, Inc. Alors que des tests manuels employant des techniques traditionnelles demanderaient trois mois pour évaluer une seule combinaison de matériaux, le logiciel d’IA de Matmerize, PolymRize™, réduit le temps requis à une seule journée et peut évaluer jusqu’à 90 combinaisons en trois mois. Le résultat promet d’être une fusion entre ingénierie des matériaux et intelligence artificielle, et devrait redéfinir le développement de la technologie 6G.

PolymRize™ exploite les données exclusives de Matmerize ou spécifiques au client pour construire des modèles prédictifs. Une fois bâtis, ces modèles prédisent rapidement les propriétés des nouveaux polymères, composites et formulations qui n’ont pas encore été synthétisés, ainsi que les incertitudes associées. Le logiciel emploie des outils de conception générative et automatisée pour recommander des candidats idéaux répondant aux exigences de propriétés des séries suivantes d’expérimentation physique. PolymRize™ accélère ainsi l’obtention des matériaux cibles, réduisant de manière considérable les coûts comme le temps requis. Par ailleurs, il introduit un cadre pour l’organisation et la gestion des données, et a démontré qu’il s’agissait d’une aide numérique de confiance pour les chimistes et ingénieurs des procédés.

Dans une initiative pilote, Resonac a évalué les capacités de Matmerize. Des modèles prédictifs ont été construits en utilisant PolymRize™ et un logiciel tiers en se centrant sur les principales propriétés de matériaux étant pertinentes pour la technologie 6G. Les propriétés incluaient l’intervalle de bande, la constante diélectrique, l’indice de réfraction, la température de transition du verre et le coefficient d’expansion linéaire. Les performances des modèles PolymRizeTM et tiers ont été évaluées en réalisant des prédictions de propriétés pour des cas d’essais inédits identiques. Les prédictions de PolymRizeTM se sont constamment montrées supérieures aux modèles tiers en termes de vitesse et de précision (voir la figure présentant les performances des modèles).

Un snippet média accompagnant cette annonce est disponible en cliquant sur l’image ou le lien ci-dessous :

Resonac PR : comparaison des performances des modèles

« Collaborer avec Resonac sur le développement de la technologie 6G est une opportunité de choix pour Matmerize », a déclaré Rampi Ramprasad, co-fondateur et PDG de Matmerize. « Dans le but de nous aligner sur la vision de Resonac consistant à révolutionner les technologies de nouvelle génération, et stimulés par l’engagement de Matmerize à faire avancer les capacités de conception de matériaux virtuels, architectures et algorithmes d’IA, nous sommes bien positionnés pour nous lancer dans une nouvelle ère de conception de matériaux intelligente et accélérée. »

Pour tout complément d’information sur la plateforme innovante PolymRizeTM, veuillez consulter la page : https://www.matmerize.com/polymrize

Pour l’annonce de Resonac concernant le développement de nouveaux matériaux de semi-conducteurs pour la 6G, veuillez consulter la page :
https://www.resonac.com/news/2023/03/13/2391.html

À propos de Matmerize :

Matmerize, récente spin-out du Georgia Institute of Technology, se trouve au premier plan des solutions innovantes qui comblent le fossé entre l’IA et l’ingénierie des matériaux. La plateforme PolymRizeTM de Matmerize emploie un filtrage virtuel et des algorithmes d’IA pour identifier les matériaux optimaux, permettant aux technologues de concentrer leurs efforts expérimentaux sur les options les plus prometteuses, accélérant ainsi considérablement le processus d’ingénierie des matériaux. PolymRizeTM représente un changement de paradigme dans le secteur, propulsant les clients devant la concurrence et favorisant l’innovation à une allure sans précédent.

À propos de Resonac :
Le groupe Resonac est une nouvelle société établie en conséquence de l’intégration de Showa Denko et de Showa Denko Materials (anciennement Hitachi Chemical) en janvier 2023. Le chiffre d’affaires annuel du groupe pour ses semi-conducteurs et matériaux électroniques s’élève à environ 400 milliards de yens, représentant environ 30 % du chiffre d’affaires net annuel du groupe. Le groupe possède en particulier une grande part mondiale des matériaux de semi-conducteurs pour le processus de conditionnement. L’intégration des deux sociétés a permis au groupe Resonac de concevoir des fonctions de matériaux ainsi que de les développer en interne, en allant jusqu’aux matières premières. Le nouveau nom commercial « RESONAC » a été créé en combinant le mot « RESONATE » (résonner) et la lettre « C » de CHEMISTRY (chimie). Le groupe Resonac tirera le meilleur parti de sa plateforme co-créative et accélèrera l’innovation technologique avec des fabrications de semi-conducteurs, des fabricants de matériaux et des fabricants d’équipements au sein et en dehors du Japon.

Pour en savoir plus, veuillez consulter notre site Web : Resonac Holdings Corporation : https://www.resonac.com/

Contact : 
Matmerize, Inc.
https://www.matmerize.com
E : [email protected]
Y : regardez les vidéos de Matmerize sur YouTube
L : suivez notre page LinkedIn

GlobeNewswire Distribution ID 8918560