November 2025 - Page 47 of 89 - Future Media News

Over 400 E-Hailing Drivers Meet Permit Deadline

Works and Transport Minister Veikko Nekundi says about 400 e-hailing drivers have complied with the ministry’s directive to obtain public passenger transport permits by the end of September. NewsOnOne’s Selma Taapopi reports.

14 November, 2025

Business / Economics

Banking Sector Strengthens Economic Footing

Local banking assets have climbed to N$180 billion, representing 70% of the Gross Domestic Product and confirming the industry’s role as the third-largest contributor to the economy. Our correspondent Hertha Ekandjo reports that PSG Wealth Namibia says the sector contributed 8.1% to GDP for this year, maintaining a steady 5% year-on-year growth despite wider economic challenges.

14 November, 2025

Namibia

Cabinet approves new national airline

The Cabinet has approved the name of Namibia’s new national airline, Namibia Air (Pty) Ltd, with the government as the sole shareholder. Works Minister Veikko Nekundi said the airline is expected to launch in the next financial year. A technical committee of local aviation experts will guide the establishment and operations of the carrier.

13 November, 2025

World

India approves $5 billion package to support exporters hit by U.S. tariffs

India's Minister for Information Technology Ashwini Vaishnaw (Photo by: REUTERS/Amit Dave) India has approved a $5 billion support package for exporters affected by tariffs imposed by the United States. In August, President Donald Trump raised tariffs on Indian goods to 50%, prompting concerns among businesses reliant on the US markets. The package aims to cushion exporters from the impact of the increased duties and ensure continued trade stability. Rebecca Bundhun […]

13 November, 2025

Africa

Former Malawian President withdraws mediation in Zambian burial dispute

Former Malawian president Bakili Muluzi has stepped back from mediating the dispute over the burial of late Zambian president Edgar Lungu. The disagreement pits Lungu’s family, who want a private funeral in South Africa, against the Zambian government, which insists on a state funeral in Zambia. Lungu’s body remains in South Africa following a ruling by the Pretoria High Court.

13 November, 2025

APO International

African Development Bank approves $310 million financial package for FirstRand Bank to scale up lending to MSMEs, women entrepreneurs and agribusinesses in South Africa

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $310 million financial package to FirstRand Bank, one of the largest financial institutions in Africa. This support will significantly increase access to finance for micro, small, and medium-sized business enterprises (MSMEs), with a particular focus on women-led businesses and agribusinesses in South Africa. FirstRand Bank is a wholly owned subsidiary of the FirstRand Group. This […]

13 November, 2025

South Africa

African Union wants 60% of vaccines to be locally produced by 2030

(Photo by: africacdc.org) South Africa’s Minister of Health, Aaron Motsoaledi, has warned that cholera outbreaks are increasing across Africa, coinciding with repeated shortages of vaccines. Biovac, a South African vaccine manufacturer, has received approval from the South African Health Products Regulatory Authority to begin clinical trials for its oral cholera vaccine. The move aligns with the African Union’s goal to have 60% of all routine vaccines used on the continent […]

13 November, 2025

Environment

OPM holds consultation in Oshikoto on disaster risk policy review

Disaster Risk Reduction (Photo by: OSCE) The Office of the Prime Minister (OPM) conducted a consultation meeting with stakeholders in Namibia’s Oshikoto Region as part of ongoing regional engagement efforts. The session focused on gathering input for the review of the National Disaster Risk Management Policy and Framework. Paulus Ashili, Deputy Director for Policy Analysis and Coordination at OPM, led the discussions and stressed the importance of stakeholder contributions to […]

13 November, 2025

Africa

Tanzania’s Suluhu-Hassan nominates Mwigulu Nchemba as new Prime Minister

Mwigulu Nchemba (Photo by: REUTERS/Emmanuel Herman/File Photo) Tanzania’s President, Samia Suluhu Hassan, has nominated former finance minister Mwigulu Nchemba as the country’s new Prime Minister. The announcement comes in the wake of last month’s disputed presidential election. According to Reuters, the nomination is expected to receive parliamentary approval. Meanwhile, opposition parties continue to challenge the election results, alleging irregularities. The disputes have been accompanied by violent protests in several regions, […]

13 November, 2025