insert_link World Trump unable to secure $464 million bond in New York fraud case Donald Trump has not been able to get a bond to secure the $464 million fraud judgement against him, according to his lawyers. In February, a Manhattan judge ordered the former President and his co-defendants to pay that amount in damages and interest for violating New York anti-fraud laws. Trump's team say they have approached thirty underwriters to back the bond - but the companies require cash to back the […] today19 March, 2024
insert_link Namibia Namibian Teachers’ Union Raises Alarm Over Increase in Corporal Punishment Cases Loide Shaanika, Secretary General of the Namibian National Teacher’s Union, voices concern over the growing incidence of corporal punishment in schools. Shaanika disclosed that her office received 56 cases of corporal punishment last year and 18 cases this year. In response, Shaanika issued an external memo on Friday urging all NANTU members and teachers to abstain from administering corporal punishment to learners. She emphasized the need for alternative disciplinary measures […] today19 March, 2024
insert_link Uncategorized Malawi and maize: prices have spiked on the back of bad weather and trade bans By Simon Roberts, University of Johannesburg and Namhla Landani, University of Johannesburg Maize is the leading staple food in Malawi and crucial for food security. Typically, local production from smallholder farmers meets and exceeds annual requirements of around 3 million metric tonnes. The country, however, is currently facing a crisis with 4.4 million Malawians (22% of the population) being food insecure. This is due firstly to a […] today19 March, 2024
insert_link World Bank of Japan expected to announce an end to negative rates The Bank of Japan is widely expected to end negative interest rates when a two day policy meeting concludes on Tuesday. Analysts believe record wage hikes recently announced by large companies have created the conditions the bank needs to begin phasing out quantitive easing. Chris Gilbert reports from Japan. today19 March, 2024
insert_link South Africa Democratic Alliance Urges Immediate Action on South Africa’s Water Crisis The Democratic Alliance in South Africa is demanding urgent measures to tackle the country's water crisis. Chief Whip Siviwe Gwarube calls on President Ramaphosa to deploy the South African National Defence Force for logistical support and water distribution. Gwarube advocates for public-private partnerships and calls for police investigations into potential acts of sabotage exacerbating the crisis. today19 March, 2024
insert_link Business / Economics 19 March 2024 Morning Biz News: Bannerman Energy’s Etango Uranium Project Shows Promise in Scoping Study, Nvidia Unveils Next-Gen Chip, and South African Rand Faces Volatility Amid Economic Data Bannerman Energy Unveils Promising Results from Etango Uranium Project Scoping Study Bannerman Energy, a prominent player in the uranium sector, has recently disclosed significant findings from its Scoping Study on the Etango Uranium Project. The study, which delves into the project's potential, presents a compelling narrative for the future of uranium mining and production in Namibia. South African Rand Faces Volatility Amid Economic Data and Central Bank Actions The South […] today19 March, 2024
insert_link Namibia Electoral Commission of Namibia Gears Up for General Registration of Voters and Elections The Electoral Commission of Namibia is making arrangements for the upcoming General Registration of Voters and the November Presidential and National Assembly Elections. As a part of this preparation, the ECN will conduct training sessions for Supervisors of Registration/Returning Officers. Approximately 150 candidates are expected to attend these training sessions. today19 March, 2024
insert_link South Africa SA President Ramaphosa Commends South Africa’s Progress in Human Rights SA President Cyril Ramaphosa lauds South Africa's achievements in promoting human rights during his keynote speech at the State of Human Rights Conference in Boksburg. He underscores the importance of the Constitution in the nation's democratic journey, emphasizing the pursuit of freedom and equality. Ramaphosa condemns apartheid's violations of basic humanity and highlights the Constitution's role in advancing the well-being of all citizens. today19 March, 2024
insert_link Namibia Bank of Namibia Honored for Transparency at Central Banking Awards The Bank of Namibia has received the prestigious transparency award at the annual Central Banking Awards, organized by Central Banking Publications. This recognition celebrates outstanding performance within the central banking community. Naufiku Hamunime, the Acting Director of Strategic Communications and International Relations at the Bank, shares insights on this achievement. today19 March, 2024
