insert_link Business / Economics DA leader and Agriculture minister John Steenhuisen endorsed the mid-term budget DA leader and Agriculture minister John Steenhuisen endorsed the mid-term budget, calling it the right step toward fiscal growth. Speaking outside Parliament, Steenhuisen commended the focus on debt reduction, infrastructure spending, halting bailouts for state-owned entities, and the end of e-tolls. He emphasises the DA’s role in driving reforms through the government of national unity, through economic growth and job creation: todayOctober 31, 2024 15
insert_link World UN Security Council members urge Israel to rescind its banning of UNRWA The United Nations Security Council in a statement on Wednesday strongly warned against any attempts to dismantle UNRWA's operations and mandate. This follows the passing of a bill on Monday by the Israeli parliament banning the UN agency from operating in Israel. There has been widespread criticism of this move which could impact the lives of millions of Palestineans. Jody Jacobs has more from the United Nations in New […] todayOctober 31, 2024 15
insert_link Business / Economics 31 October 2024: Navigating Economic Shifts: Key Financial Updates from Namibia and Beyond In recent developments, Finance Minister, Ipumbu Shiimi, has announced an extension of the country’s tax amnesty programme, now set to conclude on October 31, 2026. During his mid-term budget review presented in Parliament, Shiimi highlighted the overwhelming requests from various sectors to prolong this programme, which allows taxpayers to settle their full tax debts without incurring penalties or interest. This initiative is designed to enhance tax compliance and boost government […] todayOctober 31, 2024 13
insert_link Business / Economics Economist Embraces Tax Amnesty Announcement During the presentation of the mid-term budget, Finance minister,Iipumbu Shiimi, announced the extension of the tax amnesty programme until October 31, 2026. It was originally set to expire today. Economist Gabriel Erastus provided his insights on the announcement. todayOctober 31, 2024 21
insert_link Namibia Government Boosts Social Assistance As Activists React In response to the growing demand for social support, the government has earmarked an additional N$139 million to broaden the reach of the monthly Conditional Basic Income Grant of N$600 for more urban beneficiaries. Moreover, N$117.8 million has been allocated to the Poverty Eradication and Social Welfare arm of government to ensure continued coverage of Old Age Social Grants for senior citizens. Activist Rinaani Musutua: todayOctober 31, 2024 13
insert_link Business / Economics South Africa nears compliance with the Financial Action Task Force’s financial crime requirements South Africa is close to meeting the Financial Action Task Force's requirements to combat financial crimes like money laundering and terrorism financing. In his first medium-term budget policy statement for the seventh administration, Finance minister Enoch Godongwana said only six items remain to be addressed by February next year, with 16 of the 22 requirements already fully or mostly completed: todayOctober 31, 2024 12
insert_link Africa Nigeria’s Dangote Oil Refinery Holds 500 Million Litres of Petrol Nigeria's Dangote oil refinery possesses a reserve of 500 million litres of petrol, according to its billionaire founder, refuting assertions from marketers that they require additional imports to address fuel shortages. CNBCAfrica indicates that, in response to the situation, Nigeria's President, Bola Tinubu, convened a meeting on Tuesday in Abuja with oil regulators, the head of the state-owned NNPC, the finance minister, and Aliko Dangote. todayOctober 31, 2024 6
insert_link World Kamala Harris promises to be a President ‘for all Americans’. US Vice-President Kamala Harris and former President Donald Trump are hot on each other's heels today, campaigning in the same battleground states with less than a week to go until polls close. The White House hopefuls will both be in Wisconsin and North Carolina, having laid out their 'closing arguments' to the American people in past days. Benji Hyer reports. todayOctober 31, 2024 17
insert_link Africa U.S Reiterates Support for Nigeria’s Clamor for U.N Security Council Membership The United States has again reiterated its support to Nigeria's call for inclusion in the membership of the United Nations Security Council. Tesem Akende reports. todayOctober 31, 2024 8