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

Month: June 2024

1713 Results / Page 122 of 191

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South Africa

Fatal Explosion at Quantum Foods’ Malmesbury Feed Mill In Western Cape

Quantum Foods' Malmesbury feed mill in the Western Cape has reported a fatal explosion on its premises, resulting in one death and serious injuries to two others. The cause of the explosion remains unknown, prompting an independent investigation. The company asserts that all safety protocols were followed and emergency equipment was successfully activated. Quantum Foods has committed to providing support to the affected families.  

todayJune 12, 2024 26

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Africa

Malawi Mourns Vice-President Saulos Chilima and Others in Military Aircraft Crash

Malawi is mourning the loss of Vice-President, Saulos Chilima and nine others who died in a military aircraft crash. President Lazarus Chakwera confirmed the tragic news during a media briefing, following the discovery of the wreckage in Chikangawa Forest, Mzimba. Chilima and the others were traveling to attend the burial of former cabinet minister Ralph Kasambara. President Chakwera extended his condolences to the families and loved ones of the victims.

todayJune 12, 2024 61

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Business / Economics

Trustco Converts Debt to Equity, Plans $100 Million US Capital Raise

Trustco Group Holdings Limited is converting 4.4 billion Namibian Dollars of debt into equity, setting the stage for a planned $100 million US capital raise. This involves exchanging debt owed to Next Capital and Dr. Quinton van Rooyen for new Trustco shares at a premium, anticipated to enhance Trustco's net asset value by approximately 1.5 billion Namibian Dollars. Deputy CEO, Quinton Van Rooyen Junior provided insights into the development.  

todayJune 12, 2024 47

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South Africa

Democratic Alliance In SA Endorses Leadership in Coalition Negotiations

The DA's federal council has unanimously endorsed a resolution supporting leader John Steenhuisen and the party's negotiating team in the formation of national and provincial governments. According to News24, the resolution prioritizes upholding the Constitution, ensuring stability, and promoting economic growth. Final decisions regarding coalitions and government formations will rest with the federal executive. DA spokesperson Solly Malatsi reiterated the party's dedication to working with other parties to establish stable […]

todayJune 12, 2024 13

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Business / Economics

12 June 2024 Morning Biz News: “Market Dynamics Shift: Vitol Divests, Rand Strengthens, Nigeria Explores LNG, Dollar Steadies”

Fair Competition Ensured as Vitol Emerald Bidco Divests from Service Stations in Namibia In a move to uphold fair competition in Namibia's fuel market, Vitol Emerald Bidco (Pty) Ltd has announced its decision to divest from 58 Engen and Shell service stations. This decision comes in the wake of its acquisition of Engen Ltd and is in compliance with conditions set by the Namibian Competition Commission. The aim behind this […]

todayJune 12, 2024 16

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Sport

No.1 Scheffler unfazed as ever and chased by all at US Open

    Scottie Scheffler appears unstoppable as Thursday's first round of the US Open approaches, with many top rivals amazed the world number one already has five wins this year including the Masters. "He's the gold standard right now," said 2020 US Open winner Bryson DeChambeau. "Undoubtedly the best player in the world at the minute by a long way. It's up to us to try to get to his […]

todayJune 12, 2024 10

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