insert_link Namibia Namibia Faces N$5 Billion Annual Loss Due to Inefficient Road Transport Namibia stands to lose N$5 billion annually as a result of high road transport costs caused by inefficiencies and poor infrastructure, according to World Bank Senior Transport Specialist Justin Runji as per The Brief. Runji highlighted that these losses are largely due to increased expenses in fuel, maintenance, repairs, tires, insurance, and reduced productivity. Speaking at the Road Sector Policy Conference, he emphasized the urgent need for a transformative agenda […] todayOctober 1, 2024 1
insert_link Namibia City of Windhoek Urges Public to Avoid Street Donations The City of Windhoek is advising the public against giving money to individuals begging on the streets, stating that such acts, although well-intentioned, perpetuate street begging and contribute to a cycle of poverty. Instead, the city encourages donations to registered organizations that can provide sustainable, long-term support to those in need. Independent presidential candidate Rosa Namises shared her perspective on this issue. todayOctober 1, 2024 1
insert_link South Africa EFF in Gauteng says it is concerned about the Emfuleni Municipality’s failure to pay municipal workers The EFF in Gauteng says it is concerned about the Emfuleni Municipality's failure to pay municipal workers their salaries this month, due to its dire financial state. This comes as Eskom recently attached the municipality’s four bank accounts due to an outstanding electricity debt of eight-billion-rand. The EFF’s, Baleni Dumisani, says at the core of the municipality's issues is a deeply entrenched culture of corruption among municipal officials and ANC […] todayOctober 1, 2024 1
insert_link World US president Joseph Biden has called Hurricane Helene history-making US president Joseph Biden has called Hurricane Helene history-making with at least ten states impacted. About 116 people have died after Helene made landfall in Florida last Thursday. It began as a category four hurricane and became the most powerful on record to hit Florida's Big Bend, before moving north into Georgia, the Carolinas, and Tennessee. Biden, who is expected to visit communities hit by Helene later this week, says […] todayOctober 1, 2024 1
insert_link Oshiwambo Eenauki dili 12 da xulifila momeva efuta laTunisia Ovanhu 12 ovaxulifa omanga 10 vehewetike konima eshi mokambautu omo valimo ka kaopyako koshi yomeva mefuta la Tunisia. Oshiningwanima osha lopotwa sha holoka komukunghulofuta woshilando Djerba, pefimbo oonakuningwa oihakanwa vali tava kendabala oku tauluka efuta oku pitila mefuta la Mediterranean okuya ko Europe. Ovanambelewa vomukunghulofuta ovati, ovaxupifa yoo ovanhu 29 ovo vali navo mokambautu pefimbo loshiningwanima. Oshikondo shinasha noufemba wovanhu moshilongo osho oshati, ovo vaningwa oihakanwa oveli eenauki da Tunisia […] todayOctober 1, 2024 3
insert_link World UN Security Council extends mandate of the security mission to Haiti The United Nations Security Council has approved the extension of the Multinational Security Support mission to Haiti by another year. Last year, the council authorized the Kenyan-led international security mission to assist the Caribbean country to help restore order against the ongoing gang violence. The United States requested the mission be changed to a full blown Peacekeeping operation but China and Russia opposed the move. Jody Jacobs reports from the […] todayOctober 1, 2024 2
insert_link Africa M23 Rebels Tighten Control Over DRC Coltan Mines, Generating $300,000 Monthly Revenue The M23 rebel group has solidified its control over the Rubaya coltan-mining region in eastern Democratic Republic of Congo, imposing a production tax that brings in an estimated $300,000 monthly, according to a UN Security Council briefing says Reuters. The Tutsi-led group, allegedly supported by Rwanda, seized the mineral-rich area, vital for smartphone and computer manufacturing, after heavy fighting in April. todayOctober 1, 2024 1
insert_link South Africa Gauteng Legislature Calls for Stability and Swift Election Following Tshwane Mayor’s Removal The Gauteng legislature’s portfolio committee on Co-operative Governance and Traditional Affairs has urged for stability in Tshwane following the removal of Mayor Cilliers Brink. Chairperson Mzi Khumalo emphasized the need for a quick mayoral election to maintain smooth municipal operations and uninterrupted service delivery. Spokesperson Pfano Bulasigobo stated the committee will remain engaged to ensure a transparent process prioritizing residents' needs. todayOctober 1, 2024 4
insert_link Business / Economics 1 October 2024 Morning Biz News: Investment Reluctance, Amazon’s New Initiative, and Market Updates A recent report from the 2023 Old Mutual Financial Services Monitor highlights a concerning trend among Namibians regarding investment habits. A significant portion of the population is hesitant to invest, with 37% unwilling to take on any investment risks. This reluctance is particularly pronounced among younger consumers, indicating a potential barrier to wealth accumulation and economic growth. In positive business news, Amazon has launched 'Shop Mzansi,' a new platform showcasing […] todayOctober 1, 2024 6
