July 2025 - Page 95 of 153 - Future Media News

Arrests rock NAMCOR: More charged in N$327 million corruption scandal

The Anti‑Corruption Commission (ACC) has confirmed the arrest of nine individuals, among them four former senior executives of the National Petroleum Corporation of Namibia (NAMCOR), the state-owned petroleum entity, in connection with alleged corrupt dealings that drained more than N$327 million from public coffers. ACC spokesperson Josefina Nghituwamata revealed the charges focus on unlawful credit extensions and a failed N$53 million attempt to acquire fuel storage facilities—facilities already owned by […]

14 July, 2025

Namibia

Millions Earmarked for Affordable Housing Push

Plans to build more than 270 low-income houses in Windhoek’s informal settlements will cost around N$93 million, according to Governor Sam Nujoma. He shared the update during the State of the Region Address covered by NewsOnOne’s Envaalde Matheus. So far, 11 new homes worth N$2.7 million have already been completed under the upgrade scheme.

14 July, 2025

Business / Economics

Jobless Rate Surge Poses Tax Threat

A spike in unemployment could severely shrink the tax base and weaken government revenue, warns a leading business and economics expert. In a recent interview, Josef Kefas Sheehama explained that fewer taxpayers mean lower collections and greater pressure on welfare spending. He says this cycle could drag down economic growth if urgent solutions aren’t found.

14 July, 2025

Business / Economics

Interview: High Unemployment Puts Pressure on Revenue, Says Sheehama

Business and economics expert Josef Kefas Sheehama says the country’s rising unemployment rate is putting mounting pressure on tax collection, public finances, and overall economic stability. In an exclusive interview, Sheehama explained that while the official unemployment rate climbed from 33.4% in 2018 to 36.9% in 2023, the real figure could be much higher. “If we use what we call the standard mean, unemployment could actually stand at 60%,” he […]

14 July, 2025

Oshiwambo

Paul Biya wa Cameroon okwa ulika teli fola natango koshipundi

Omunamido 92 President wa Cameroon Paul Biya, okwa shiivifa pambelewa kutya ota kaya mondabo oku kondjela natango oshipundi shoupresident oshikako oshi 8. Biya okwa talika eli omupresident omu 2 wa Africa, talele efimbo lile mounyuni. Oikundaneki oya lopota kutya ngenge okwa hoololwa pefimbo oshikako fimbo shaye tashi keya pexulilo, ota ka kala ena omido 99. Etokolo laye loku lifola mondabo ola etelela omalipulo mahapu koshiwana shova Cameroon, osho shili nale […]

13 July, 2025

Oshiwambo

Muhammadu Buhari, okwa xulifa

Oo ali nale omupresident wa Nigeria Muhammadu Buhari, okwa lopotwa amana oweenda waye komatango onena. Buhari okwa xulifila moshipangelo shili mo London, konima yo uyehame wefimbo lile. Okwa xulifa mepipi lomido 82

13 July, 2025

APO International

Eritrea: Henok Mulubrhan Winner of Magnificent Qinghai 2025

Eritrean professional cyclist Henok Mulubrhan, a member of the Astana Cycling Club and three-time African Cycling Champion, has won both the Yellow and Green Jerseys at the 24th edition of the Magnificent Qinghai 2025, currently being held in China. In the race covering 1,323.7 km, Henok finished first in the 6th stage (232.7 km), second in the 5th stage, and third in the 7th stage. Henok also secured third place […]

13 July, 2025

APO International

President El-Sisi Meets Angolan President in Malabo, Equatorial Guinea

Today, President Abdel Fattah El-Sisi met with Angolan President João Lourenço on the sidelines of the President's participation in the seventh session of the African Union Mid-Year Coordination Summit, held in Malabo, Equatorial Guinea. The Spokesman for the Presidency, Ambassador Mohamed El-Shennawy, said President El-Sisi lauded the current Angolan presidency of the African Union and Angola’s commitment to strengthening joint African action across various sectors. The Angolan president confirmed his […]

13 July, 2025

APO International

Vaccination against cholera brings hope to more than 2 million Angolans

A new round of the oral vaccination campaign against cholera was officially launched this Saturday in the municipality of Cafunfo, Lunda Norte province, an initiative of the Angolan government, through the Ministry of Health, with the support of GAVI - Global Alliance for Vaccines, the World Health Organization (WHO), UNICEF, the European Union and other partners in the health sector. The campaign plans to vaccinate more than 2 million people […]

13 July, 2025