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Month: July 2024

1865 Results / Page 131 of 208

Background

Africa

President Ruto Of Kenya Sacks Cabinet Amidst Nationwide Protests

President William Ruto of Kenya has dismissed his entire cabinet, except for the foreign minister, in response to widespread protests against proposed tax increases- Reuters has it. The demonstrations, initially peaceful, escalated into violence resulting in 39 deaths during clashes with police. Protesters, including youth groups, briefly occupied parliament before Ruto withdrew the tax proposals.

todayJuly 12, 2024 8

Business / Economics

12 July 2024 Morning Biz News: Financial News Digest: City of Windhoek’s Strong Performance, Rand’s Rise, Central Bank Actions, and Global Market Indicators

  1. City of Windhoek Reports Strong Financial Performance The City of Windhoek has announced robust financial results for the 2022/2023 fiscal year, with a reported turnover of approximately N$5 billion. This revenue surge is attributed to key municipal services including water, electricity, rates and taxes, sewer discharge, and waste removal. Matyayi, emphasizing the critical role of these services, highlighted their contribution to fulfilling the council’s mandate. 2. South African […]

todayJuly 12, 2024 12

Africa

Sudanese Factions Convene in Switzerland for UN Talks Amid Attendance Disparity

Sudan's opposing factions have convened in Geneva for U.N.-mediated discussions aiming to establish local ceasefires reports Reuters. These talks, prompted by the humanitarian crisis affecting millions amid ongoing conflict since April 2023, seek to enable aid delivery and protect civilians. Previous negotiations in Jeddah collapsed in late 2023 amidst ethnic violence linked to the Rapid Support Forces.

todayJuly 12, 2024 6

South Africa

In S.A, Alexforbes Clarifies Two-Pot Retirement System Applicability and Implications

In South Africa, Alexforbes has clarified that not all retirement funds will be applicable under the two-pot system. Pension companies are providing more information on the process, with John Anderson from Alexforbes explaining the financial implications and conditions for withdrawing from the savings pot. Anderson highlights that the two-pot system is designed to balance long-term retirement savings with addressing immediate short-term financial needs.  

todayJuly 12, 2024 19

Interview Transcripts

INTERVIEW: Political Analyst Ndumba Kamwanya on Michael Amushelelo’s Move to LPM

  In a recent development shaking up Namibia's political landscape, activist Michael Amushelelo has announced his intention to join the Landless People's Movement (LPM), a move that has sparked both intrigue and speculation. Amushelelo's decision, made without the backing of his former party, has drawn attention to LPM, currently the third-largest political entity in Namibia behind SWAPO and PDM. To dissect the implications of this move, we turn to Professor […]

todayJuly 12, 2024 19

Interview Transcripts

INTERVIEW: Political Analyst Rakkel Andreas on Michael Amushelelo’s Move to LPM

Namibia's political landscape is abuzz with speculation following activist Michael Amushelelo's announcement of his intention to join the Landless People's Movement (LPM). To gain a deeper understanding of the implications of this move, we turn to political analyst Rakkel Andreas, known for her astute observations on Namibian politics. Andreas views Amushelelo's decision as a significant development, noting both his strong personality and the established dynamics within LPM. "Amushelelo is a […]

todayJuly 12, 2024 10

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