Bank of Namibia Extends Timeline for Implementation of Electronic Fund Transfer Regulations

The Bank of Namibia has announced a postponement in the implementation of the new regulations governing electronic fund transfers within the national Payment System Determination. Sandra Garises, the bank's principal communication officer, disclosed that PSD-9, initially set to take effect by the end of April, will now be enforced on September 30, 2024. She explains what it entails.

April 15, 2024 76

Health / Medical

South Africa Recalls Johnson & Johnson Children’s Cough Syrup Over Concerns, Ben Nangombe weighs in with Namibia’s response

South Africa's health regulator has declared the recall of several batches of Johnson & Johnson's children's cough syrup due to the discovery of heightened levels of diethylene glycol. These affected batches were distributed across South Africa, Eswatini, Rwanda, Kenya, Tanzania, and Nigeria. Ben Nangombe, the executive director at the Ministry of Health, provided insights into the local response during an interview with Future Media News.

April 15, 2024 51

Sport

Vinales makes MotoGP history the hard way in Grand Prix of the Americas

Maverick Vinales overcame a horror start from pole on his Aprilia to claw his way back and win the Grand Prix of the Americas MotoGP in Texas on Sunday. Exciting teenaged rookie Pedro Acosta took second with Enea Bastianini completing the podium of the third race weekend of the season. Vinales, who had dropped back to 11th after a disastrous grid getaway, wrote his name into motorcycling history as […]

April 15, 2024 4

Sport

Lyon come back to win against Brest in 16th minute of injury time

An Ainsley M aitland-Nilespenalty 16 minutes into second-half added time gave Lyon a stunning 4-3 win against Brest on Sunday, pushing the home team up to within two points of the European spots. It was a topsy-turvy affair in which the lead switched hands three times before Lyon eventually emerged victors well beyond the original allotted period of added time to stun second-placed Brest at the Groupama Stadium. Corentin […]

April 15, 2024 4

Sport

Scheffler dominates back nine to win second Masters title

World number one Scottie Scheffler captured his second Masters title on Sunday, dominating a back-nine shootout for a four-stroke victory at Augusta National. Scheffler, who also took the green jacket in 2022, won a record $3.6 million top prize after a drama-filled battle with fellow Americans Collin Morikawa and Max Homa and Sweden's Ludvig Aberg, who made an impressive major debut. Scheffler birdied three of the last six […]

April 15, 2024 5

Business / Economics

15 April 2024 Morning Biz News: Transforming Elizabeth Bay: Standard Bank’s Energy Park Initiative

In a bid to ignite infrastructure growth and leverage Namibia's resource potential, Standard Bank has unveiled an ambitious plan to rebrand Elizabeth Bay into an Energy Park, as reported by The Brief. This strategic move is poised to reshape the landscape of Elizabeth Bay, a mining community nestled 25 kilometers south of Lüderitz on Namibia's southern coast. The vision behind the Energy Park initiative extends beyond mere revitalization; it aims […]

April 15, 2024 28

Sport

Paris Olympics flame to be lit in its Greek birthplace

Nearly 100 days before the 2024 Paris Games open, the Olympic flame will be lit in ancient Olympia Tuesday for a torch relay stretching from the Acropolis to French Polynesia. For the first time since the Covid-19 pandemic imposed toned-down events for the 2020 Tokyo Olympics and 2022 Beijing Winter Games, spectators will be able to attend the torch relay events. Some 600 dignitaries are expected at the […]

April 15, 2024 7

World

Biden says U.S won’t get involved in tit for tat strikes against Iran

U.S President Joseph Biden has told Israel's leader the United States will not get involved in any tit for tat strikes against Iran. That's as G7 leaders have condemned Iran's drone attack against Israel and reaffirmed their commitment to Israel's security. Our Washington correspondent Jagruti Dave has more.

April 15, 2024 18

Namibia

Tsintsabis Combined School Receives Stationery from Namib Desert Diamonds Foundation

The Namib Desert Diamonds Foundation has generously donated stationery supplies valued at N$150,000 to Tsintsabis Combined School in the Oshikoto region. Our Northern Correspondent, Maria Namupala, provides further details.

April 15, 2024 46

Month: April 2024