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Month: July 2024

1865 Results / Page 84 of 208

Background

Africa

Nigeria Agrees on New Minimum Wage Amid Cost of Living Crisis

  As per Reuters, Nigeria's main labor unions agreed on a new minimum wage of US$44 a month on Thursday after talks with the government, ending months of deadlock and the threat of strikes. Africa's most populous nation is grappling with the worst cost of living crisis in a generation, stoking fears of protests similar to those in Kenya. Nigeria's two biggest union federations, the Nigerian Labour Congress and the […]

todayJuly 19, 2024 6

Business / Economics

19 July 2024 Morning Biz News: Financial News Roundup: Meatco’s Turnaround Concerns, South African Repo Rate Unchanged, Naira Depreciates, and Dollar Steady Amid Fed Speculation

1. Meat Corporation Turnaround Strategy Under Scrutiny Finance and Public Enterprises Minister Iipumbu Shiimi has voiced concerns over the Meat Corporation's (Meatco) turnaround strategy, according to The Brief. Despite the government injecting N$1 billion in subsidies over the past three years, Shiimi is dissatisfied with the company's lack of substantial progress. The effectiveness of the turnaround plan remains a key issue, with expectations for better performance and return on investment […]

todayJuly 19, 2024 14

Business / Economics

INTERVIEW:: Business and Economics Researcher Josef K. Sheehama on Ursula von der Leyen’s Re-election

Business and economics researcher Josef K. Sheehama recently shared his insights on Ursula von der Leyen’s re-election as President of the European Commission. Sheehama believes that von der Leyen's continued leadership will be advantageous for both European and Namibian interests, particularly in the context of ongoing strategic partnerships and investments. Expanding European Defense Initiatives Sheehama highlighted that von der Leyen's re-election comes at a critical time when European defense strategies […]

todayJuly 19, 2024 18

South Africa

Progressive Caucus in South Africa Outlines Charter for Seventh Parliament

  The Progressive Caucus in South Africa, consisting of the MK Party, the EFF, ATM, and other smaller parties, has outlined its charter for the seventh Parliament. MK's parliamentary leader, John Hlophe, told the media the aim is to strengthen South Africa's democracy, holding government accountable for a corrupt-free society. He also emphasises fighting for free quality education, healthcare, housing, water, and sanitation:  

todayJuly 19, 2024 46

World

US takes down floating pier in Gaza

The United States is breaking down its temporary floating pier in Gaza. The pier constructed by the US Military was envisaged to deliver more aid to the Gaza Strip but its operations were beset by weather, technical and security problems. Jody Jacobs reports.  

todayJuly 19, 2024 8

Namibia

Vice President Leads Groundbreaking Ceremony for N$70 Million Civic Affairs Office in Nkurenkuru

  The Home Affairs, Immigration, Safety and Security ministry held a groundbreaking ceremony for the construction of a Civic Affairs regional office in Nkurenkuru, Kavango West. Led by Vice President, Netumbo Nandi-Ndaitwah, the N$70 million project is set to begin construction by August 13, and complete in two years. Nandi-Ndaitwah highlighted the office's role in improving service efficiency, including birth and death registrations, identity cards, passports, and immigration matters, while […]

todayJuly 19, 2024 13

New Africa Sustainable Development Report Shows Critical Importance of Scaled-Up Development Financing

APO International

New Africa Sustainable Development Report Shows Critical Importance of Scaled-Up Development Financing

 The United Nations Development Programme (UNDP), the United Nations Economic Commission for Africa (ECA), and the African Development Bank (AfDB) (www.AfDB.org), presented today the 2024 Africa Sustainable Development Report (ASDR), at an event held on the margins of the UN High-Level Political Forum for Sustainable Development in New York. Scaled-up access to concessionary development financing, strengthened climate information and early warning systems, and economic reforms are amongst the key recommendations […]

todayJuly 18, 2024 9

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