U.N says Israel not allowing educational material into Gaza

U.N says Israel not allowing educational material into Gaza

The UN's office for the Coordination of Humanitarian Affairs fears that an entire generation of children in Gaza will be scarred for life. Speaking to reporters from Jeruasalem on Monday, OCHA's Head in the Occupied Palestinian Territory says learning materials and basic educational supplies are being barred from entering the enclave by Israel as Jody Jacobs reports.

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Business / Economics

4 June 2024 Morning Biz News: Navigating the Winds of Change: Biz News Update

In the ever-evolving landscape of global finance and politics, staying abreast of the latest developments is paramount for investors and businesses alike. Here’s a snapshot of the recent buzz in the business world: 1. First Capital Group’s Potential Listing on Namibian Stock Exchange First Capital Group finds itself at a crossroads, contemplating a listing on the Namibian Stock Exchange. The move comes in the wake of a lukewarm response […]

June 4, 2024 27

Africa

Nigerian Unions Strike Over Minimum Wage, Disrupting National Grid and Flights

Reuters reports that Nigeria's main labor unions, the Nigerian Labour Congress and the Trade Union Congress, initiated an indefinite strike on Monday, shutting down the national grid and disrupting flights nationwide. The strike began after negotiations with the government over a new minimum wage failed. This marks the fourth strike since President Bola Tinubu assumed office last year.

June 4, 2024 16

World

Tech issue resolved in New York Stock Exchange

The New York Stock Exchange says a technical issue which saw some stock prices swing wildly on Monday has been resolved Trading of certain shares was paused while the problem was addressed. Sally Patterson has more.

June 4, 2024 36

South Africa

ANC Considers Confidence-and-Supply Agreement Amid Coalition Talks

The African National Congress faces a pivotal moment as its national executive committee convenes today to explore potential coalitions following a disappointing election outcome, securing only 40.2% of the national votes. Senior ANC leaders are reportedly leaning towards a confidence-and-supply agreement, favoring a scenario where the ANC forms a minority government. Under this arrangement, opposition partners would align with the ANC on critical decisions such as confidence motions and budgets, […]

June 4, 2024 46

Business / Economics

Airlines’ Profit Projections Improve for 2024

The International Air Transport Association has upgraded its profitability forecasts for airlines in 2024, surpassing its June and December 2023 projections. Despite this positive outlook, the global airline industry still struggles to achieve returns above the cost of capital. Net profits are expected to rise to $30.5 billion in 2024. IATA's Public and Media Relations Advisor, Linden Birns.

June 4, 2024 56

Business / Economics

Private Sector Credit Growth Remains Modest in April

In April, private sector credit extension grew by 1.6% year-on-year, showing a slight improvement from the 1.3% growth recorded in March. However, this figure represents a significant decline from the 2.5% year-on-year growth seen in April 2023. The PSCE growth rate remains below the six-month moving average and is the second-lowest rate recorded in 2024. Simonis Storm Economist- Halleluya Ndimulunde.

June 4, 2024 76

Sport

France, England lead the contenders as Germany hosts Euro 2024

Euro 2024, beginning in Germany on June 14, is a mouth-watering prospect, as France and England lead the heavyweight contenders for a tournament which will be played out in some of the continent's finest stadiums across a football-mad nation. The setting for the month-long competition is important, given the underwhelming nature of the last Euros three years ago, held all over the continent rather than in one country, […]

June 4, 2024 45

Sport

Afghanistan thrash Uganda by 125 runs at T20 World Cup

Afghanistan thrashed debutants Uganda by 125 runs in the teams' opening Group C match at the T20 World Cup in Guyana on Monday. Openers Rahmanullah Gurbaz (76) and Ibrahim Zadran (70) laid the foundations for the victory with a superb partnership of 154 as Afghanistan finished their innings on 183-5. Afghanistan bowler Fazalhaq Farooqi then spearheaded a clinical bowling performance with five wickets for just nine runs as […]

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