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

Month: March 2024

1532 Results / Page 46 of 171

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South Africa

Corruption Watch Criticizes South Africa’s Response to Steinhoff CEO’s Death

Corruption Watch expresses disappointment in South Africa's approach to high-profile corruption cases following the death of former Steinhoff CEO Markus Jooste. Jooste, 62, died by suicide after the Financial Sector Conduct Authority imposed a 475-million-rand fine for publishing misleading financial statements. Director Karam Singh states that justice remains elusive, pointing out failures within the justice system. He underscores the necessity for successful prosecutions of those behind the Steinhoff scandal.

todayMarch 22, 2024 28

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Namibia

Disagreement Among LPM Councillors Over Rabbit Purchase in Hardap Region

Regional councillors representing the Landless People’s Movement at the Hardap Regional Council are in disagreement after the council reportedly purchased 120 rabbits without an official resolution. The party, with six councillors on the regional council, faces internal conflict over the matter. According to one councillor, Harald Kumbrude, the rabbits were purchased from Cadema Farming in February. Cadema Farming is owned by LPM women’s league leader Margreth du Toit and her […]

todayMarch 22, 2024 19

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South Africa

SA National Assembly Speaker Seeks Court Order to Prevent Arrest Amid Corruption Allegations

Nosiviwe Mapisa-Nqakula, the National Assembly speaker of South Africa, is set to file an urgent application before the High Court in Pretoria on 9 April, aiming to halt her potential arrest on corruption charges. The move follows speculation regarding her possible arrest after a raid at her Johannesburg residence in connection with bribery allegations from her tenure as Minister of Defense and Military Veterans. Mapisa-Nqakula demands access to the complete […]

todayMarch 22, 2024 21

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Business / Economics

Global Financial Landscape: Collaborative Initiatives and Market Dynamics

Germany and Namibia Join Forces for Green Hydrogen Initiative In a significant stride towards sustainable energy development, Germany and Namibia have inked a pivotal agreement to bolster the Green Hydrogen Namibia Programme. This collaborative effort signifies a dedicated push towards constructing local H2 value chains aimed at fostering socio-economic growth while prioritizing environmental sustainability. The Green Hydrogen Namibia Programme, a newly established organization, emerges as a beacon of hope in […]

todayMarch 22, 2024 5

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Namibia

Development Bank of Namibia and World Bank Explore Collaboration

The Development Bank of Namibia and the World Bank have initiated discussions to explore cooperation between the two development financiers. A senior team from the World Bank visited DBN to discuss potential avenues of collaboration. The primary focus of the discussions was the preparation of a technical background paper concerning the financial sector for the upcoming Namibia Climate Change and Development Report.

todayMarch 22, 2024 48

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Namibia

Vice President Tours Green Schemes to Tackle Food Insecurity

Vice President Netumbo Nandi-Ndaitwah visited the Vhungu Vhungu and Ndonga Linena Green Schemes in the Kavango East Region to address food insecurity. Delegated by President Nangolo Mbumba, Nandi-Ndaitwah assessed the schemes and inspected preparations for winter crops. Governor Bonifatius Wakudumo of Kavango East provided insights on the region's efforts.  

todayMarch 22, 2024 57

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Namibia

Namibia Approves Central Securities Depository for Market Efficiency

The Namibia Financial Institutions Supervisory Authority has greenlit Central Securities Depository Limited to operate as a central securities depository. Jointly owned by the Bank of Namibia and the Namibia Stock Exchange, CSD will centrally manage securities like shares and bonds electronically, aiming to boost trading efficiency, market participation, and liquidity. NAMFISA spokesperson Victoria Muranda shared the update.  

todayMarch 22, 2024 77

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