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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Month: February 2024

2023 Results / Page 66 of 225

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South Africa

SA’s Freedom Front Plus Applauds Election Date Confirmation for Political Stability

The Freedom Front Plus in South Africa expresses satisfaction with the confirmation of the election date, citing increased certainty for political parties and voters. Scheduled for May 29th this year, the forthcoming election is deemed crucial for the future of South Africa. FF Plus leader, Pieter Groenewald, asserts that this assurance will initiate momentum among political entities, organizations, and the public, underscoring the significance of active participation in shaping the […]

todayFebruary 21, 2024 18

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Africa

UNDP launches “timbuktoo” initiative in Davos to revolutionize Africa’s startup ecosystem

  In Davos, the United Nations Development Programme (UNDP) launched the "timbuktoo" initiative in collaboration with African countries. The initiative, unveiled during a special session at the 24th Annual Meeting of the World Economic Forum, aims to be the world's largest financing facility, uniting catalytic and commercial capital to bolster Africa's startup ecosystem. H.E. President Paul Kagame of Rwanda, H.E. President Nana Akufo-Addo of Ghana, the Secretary-General of the African […]

todayFebruary 21, 2024 140

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Business / Economics

‘Enough is enough’: With $300 billion in debt, court says it’s time to liquidate China’s Evergrande

Evergrande's Hong Kong-traded shares plunged more than 20% early on Monday before they were suspended from trading after a Hong Kong court ordered the world’s most heavily indebted real estate developer to undergo liquidation. The firm is the second biggest company in China's enormous property market, with $300 billion (€277 billion) owed to banks and bondholders. A court order for a liquidation process means that the company's assets will be […]

todayFebruary 21, 2024 9

Unlocking Opportunities: Swedfund, African Development Bank Advance Collaboration on Private Sector Growth, Climate Action
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APO International

Unlocking Opportunities: Swedfund, African Development Bank Advance Collaboration on Private Sector Growth, Climate Action

An African Development Bank Group (www.AfDB.org) team, led by Senior Vice President Bajabulile Swazi Tshabalala, on 15 February 2024, met with a delegation from Swedfund – the Swedish state development finance institution – led by its CEO, Maria Hakansson. The meeting built on earlier talks to strengthen collaboration between the two institutions to accelerate private sector development and climate action across Africa. Hakaanson headed a mission to the Bank in […]

todayFebruary 21, 2024 7

African Development Bank Group, Lake Chad Basin Commission sign Memorandum of Understanding (MoU) to restore Lake Chad Basin
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APO International

African Development Bank Group, Lake Chad Basin Commission sign Memorandum of Understanding (MoU) to restore Lake Chad Basin

The African Development Bank Group (www.AfDB.org) and the Lake Chad Basin Commission have signed a Memorandum of Understanding to rehabilitate and restore the Lake Chad Basin. The agreement, signed on the sidelines of the 37th African Union Summit held in Ethiopia, will mobilise financial and technical resources to improve the development and management of water resources, support livelihoods and restore peace in the region. Lake Chad, once considered the sixth-largest […]

todayFebruary 21, 2024 8

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Videos

Judge orders Trump to pay $355 million for lying about his wealth in staggering civil fraud ruling

A New York judge ordered Donald Trump on Friday to pay $355 million (€329.4 million) in penalties, finding that the former US president lied about his wealth for years in a sweeping civil fraud verdict that pierces his billionaire image but stops short of putting his real estate empire out of business. Judge Arthur Engoron’s decision after a trial in New York Attorney General Letitia James’ lawsuit punishes Trump, his […]

todayFebruary 21, 2024 11

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Business / Economics

21st February 2024 Morning Biz News: Global Financial Snapshot: Namibia Faces Grey Listing, South Africa’s Unemployment Rises, Oil Prices Recover, and Currency Markets Shift

  In the realm of global finance, Namibia finds itself on the brink of grey listing due to non-compliance with international anti-money laundering standards. Despite Finance Minister Iipumbu Shiimi's reassurance that Namibia passed the technical compliance test, progress in five out of 11 effectiveness test outcomes signals a potential challenge. Out of 72 action items, 59 have been successfully addressed, leaving 13 unresolved. South Africa, on the other hand, experiences […]

todayFebruary 21, 2024 11

Environment

Scientists study levels of toxic mercury in Antarctic mammals

Marine biologists collect skin samples from humpback whales and leopard seals in Antarctica to detect the presence of mercury in their bodies. The toxic heavy metal is believed to reach the ocean through rivers or rain. According to the UN environmental agency UNEP, if an animal consumes mercury, it may suffer "reproductive failure, behavioural changes and may even (die)."

todayFebruary 21, 2024 20

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