insert_link Sport France makes multibillion-euro gamble on Olympic gold France is facing a bill of almost nine billion euros for hosting the Paris Olympics but top officials say the financial fallout could be more "psychological" than economic. Ahead of the July 26 opening of the Games, ministers and financial observers are juggling the figures to estimate the costs and benefits of the sporting spectacle. So far, French authorities are predicting a cost of nearly nine billion euros […] todayJune 28, 2024 5
insert_link Africa Sudan Faces Rising Famine Risk Amid Ongoing Conflict A global monitor warned on Thursday that 14 areas in Sudan could face famine if the conflict that began in April last year intensifies. According to Reuters, the World Food Programme described the situation as the world's largest hunger crisis. The at-risk areas include the capital Khartoum, Darfur, Kordofan, and El Gezira state, which have experienced the most intense fighting, according to an update from the Integrated Food Security Phase […] todayJune 28, 2024 19
insert_link World Pakistan Criticizes US Resolution for Independent Probe into Election Rigging Claims Pakistan has criticised a US House of Representatives resolution that calls for an independent investigation into claims that the country's election was rigged. The polls held in February saw no party win a majority but polling was plagued by widespread internet shutdowns, violence and a crackdown on opposition leaders. Hira Mustafa has more from Islamabad. todayJune 28, 2024 32
insert_link South Africa DA gives S.A president an ultimatum on original cabinet offer or risk collapsing their agreement In a fast developing story from S.A, the DA has given President Cyril Ramaphosa an ultimatum to adhere to the original cabinet offer or risk collapsing their agreement. News24 reports that Ramaphosa changed his initial offer, swapping the key portfolio of Trade, Industry, and Competition with Tourism, sparking outrage from the DA. The party insists on the original terms, stating they will not compromise or renegotiate further. todayJune 28, 2024 36
insert_link Sport India head to the final of the Icc Cricket World Cup Indian captain Rohit Sharma and left-arm spinner Axar Patel played the lead roles as their team emphatically claimed a place in the T20 World Cup final against South Africa in Barbados on Saturday with a 68-run victory against England in their rain-delayed semifinal at the Providence Stadium in Georgetown, Guyana, on Thursday. Rohit compiled a technically brilliant innings of 57 from 39 balls to lead his team to a […] todayJune 28, 2024 18
insert_link Business / Economics 28 June 2024 Morning Biz News: Namibia’s Investment Strength, Rand Decline, Oil Prices Surge, and Dollar Dominance As of December 31 last year, members of the Namibia Savings and Investment Association (NaSIA) managed over 75% of the country's $252 billion in assets under management, according to a report by The Brief. This impressive feat places Namibia seventh globally in contractual saving rates, trailing only behind developed nations. The robust performance of NaSIA highlights the country's growing emphasis on savings and investment, which are crucial for economic stability […] todayJune 28, 2024 14
insert_link Namibia Cancer Association of Namibia Reports Operational Surplus Amid Improved Fundraising The Cancer Association of Namibia has announced a significant turnaround with an annual operational surplus of 491,343 Namibian dollars, compared to a deficit in the previous fiscal year. This improvement is credited to stabilized fundraising opportunities post-COVID-19 and a favorable economic climate. CEO, Rolf Hansen. todayJune 28, 2024 42
insert_link Africa Kenyan police used teargas on dozens of protesters in Nairobi Kenyan police used teargas on dozens of protesters in Nairobi and blocked roads to the presidential palace on Thursday as nationwide demonstrations continued, despite the president's decision to withdraw a tax hike bill. Reuters reports that protesters in Nairobi, Mombasa, Kisumu, and other cities called for President William Ruto to resign. However, the turnout was lower compared to the peak of the mass rallies triggered by the tax measures over […] todayJune 28, 2024 15
insert_link Namibia UNam Professor talks electricity tariffs and potential voter sentiments Recent statements by Professor Ndumba Kamwanya regarding the increase in electricity tariffs, shed light on potential voter sentiments as Namibia nears its elections. He expressed doubts about the Electricity Control Board's recent announcement, suggesting its potential impact on election outcomes. Meanwhile, Shaun Gariseb, a member of the Katutura Residents Committee, announced plans to mobilize an online petition. todayJune 28, 2024 57