UN “fears” Donald Trump might cut crucial funding

UN “fears” Donald Trump might cut crucial funding

Fears are mounting in the corridors of the United Nations that US president-elect Donald Trump may cut crucial funding to the world body. During his last tenure in the oval office, Trump cut funding to many UN agencies. The U.S. is the largest donor to the world body. Jody Jacobs reports from the United Nations in New York.

November 8, 2024 18

APO International

Afreximbank President Professor Benedict Oramah receives prestigious Mohammed Barkindo Lifetime Achievement Award at African Energy Week 2024

Professor Benedict Okey Oramah, President and Chairman of the Board of Directors at African Export-Import Bank (Afreximbank) (www.Afreximbank.com), has been awarded the prestigious Mohammed S. Barkindo Lifetime Achievement Award at the African Energy Awards, held on the sidelines of the African Energy Week (AEW) 2024: Invest in African Energy conference, happening between 4-8 November in Cape Town, South Africa. The award, named in honour of the former Secretary-General of OPEC, […]

November 7, 2024 5

Business / Economics

FNB launches real-time cross-border payments

FNB has teamed with BankservAfrica to offer near real-time cross-border payments within the Common Monetary Area, covering Namibia, South Africa, Lesotho, and Eswatini. FNB clients can now transfer up to N$ 25 thousand instantly, 24 hours per day, across borders with enhanced security and lower costs. The move aligns with regulatory compliance under Namibia’s grey-listing status.

November 7, 2024 105

Business / Economics

PSG to launch ‘Best Bank Award’

PSG Wealth Namibia will release its Annual PSG Banking Review Report on Thursday, 14 November 2024. It will also present an award for the Best Bank in Namibia. PSG analyst Anja Steyn explains the criteria for selecting the winning bank.

November 7, 2024 29

South Africa

Dali Mpofu becomes latest EFF member to join uMkhonto weSizwe

Former EFF national chairperson Dali Mpofu has joined uMkhonto weSizwe. He forms part of the exodus of EFF leaders who have jumped ship in recent months to join Jacob Zuma's party, including former deputy president Floyd Shivambu, Mzwanele Manyi, and Busisiwe Mkhwebane. Mpofu, a long-standing Zuma ally, told the SABC this move to the MK Party had been in the works for a year. EFF leader Julius Malema remains unmoved by […]

November 7, 2024 21

Africa

Namibian truck torched amid Mozambique post-election violence

Post-election unrest in Mozambique has closed the Maputo port, a chrome export hub, and led to deadly clashes in several cities. The Namibian Revolutionary Transport Union reported that a Namibian truck was set on fire, urging a swift resolution to protect truck drivers facing serious risks. The union’s Secretary General, Petersen Kambinda.

November 7, 2024 24

Business / Economics

Khomas region sees highest inflation at 4.2%

The Namibia Statistics Agency has reported that the headline inflation for October was 3%. Among the zonal inflation rates, Zone 2 (Khomas region) recorded the highest at 4.2%. Spokesperson Mirjam Shihepo has more.

November 7, 2024 18

APO International

Oando Wins ‘Deal of the Year’ Award at Africa Energy Week 2024

Oando PLC (“Oando” or the “Company”) (www.OandoPLC.com) Africa’s leading energy solutions provider listed on the Nigerian Stock Exchange (NGX) and Johannesburg Stock Exchange (JSE) is pleased to announce that the Company has emerged winner of the ‘Deal of the Year’ award at Africa Energy Week (AEW) 2024. The Africa Energy Chamber (AEC), the organisers of the annual week-long oil and gas conference, hosted and recognised different stakeholders at a Gala […]

November 7, 2024 10

Local

High School Learners Take Top Honours at MODEL UN Conference

Windhoek, 7 October 2024 – The 12th annual Model United Nations Namibia (MUNNAM) Conference took place on November 5-6, 2024, at the United Nations House in Klein Windhoek, where high school learners were honoured for their outstanding contributions during the closing ceremony. Jointly hosted by UN Namibia, the British High Commission, and the Ministry of Education, Arts and Culture, the conference allowed learners to simulate a UN General Assembly […]

November 7, 2024 19