insert_link 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
insert_link 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
insert_link Namibia Analysts Weigh In on Michael Amushelelo’s Transition to LPM Analysts have been reacting after the departure of activist Michael Amushelelo from Namibia Economic Freedom Fighters a short while ago and his subsequent membership of the Landless People's Movement. Ndumba Kamwanya: Professor and Political Analyst : Political Analyst Rakkel Andreas also weighed in: todayJuly 12, 2024 29
insert_link Namibia Handover Ceremony for Goreangab Extension 4 Phase 1 Housing Project Hosted by City of Windhoek The City of Windhoek, in partnership with the Urban and Rural Development ministry as well as the National Housing Enterprise, is set to host a handover ceremony for the completed phase 1 of the Goreangab Extension 4 housing project. The local authority's Lydia Amutenya. todayJuly 12, 2024 27
insert_link 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 8
insert_link 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 29
insert_link 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 25
insert_link 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 11
insert_link Business / Economics New CPI Figures in US Show Prices Fell in June New figures show US inflation cooled in June, while the Consumer Price Index rose 3 percent on an annual basis. Some financial experts are suggesting the new numbers could prompt the Federal Reserve to finally cut interest rates in the coming months. With the report, here's Mitch McCann: todayJuly 12, 2024 14