insert_link Business / Economics NSX Market Activity Snapshot for January 8 On January 8, 2025, the local market saw a total volume of 652,394 shares traded, valued at N$10,629,105 across 28 deals. The telecommunications sector reported 300 shares traded, while the financial sector saw N$2,200,008 in value with 12 deals. The overall market for the day included 1,615,875 shares traded, amounting to N$2,503,681 in value, with 17 deals. The exchange traded products accounted for 289 shares and N$100,424 in value […] today9 January, 2025
insert_link Namibia Rehoboth Expands Boundaries to Foster Growth and Development The Urban and Rural Development ministry has expanded Rehoboth's municipal boundaries by incorporating land from the Khomas Region, aimed at enhancing economic and property development opportunities. The newly included areas are situated near the B1 road and will host projects submitted by Sandwerf One and Two Investments (Pty) Ltd, specializing in agri-tourism and residential development. Desiree Pieters is the town council's PRO: today9 January, 2025
insert_link Namibia MVA Fund CEO Urges Caution Amid Rising Festive Season Road Accidents Motor Vehicle Accident Fund CEO Rosalia Martins-Hausiku has called on drivers to exercise extra caution during the rainy season. Highlighting preliminary figures from the Namibian Police, she revealed that over 400 road crashes and 80 fatalities have been recorded this festive season. Martins-Hausiku emphasized that the combination of increased risks and adverse weather conditions underscores the need for vigilant and responsible driving. today9 January, 2025
insert_link South Africa EFF aims to introduce a Student Debt Cancellation Private Member’s Bill in Parliament In S.A, the EFF says it will introduce a Student Debt Cancellation Private Member’s Bill in Parliament. From 2017 to 2024, national student debt grew from around eleven-billion-rand to approximately 17-billion-rand, averaging an increase of two-billion-rand each year. The EFF’s, Sihle Lonzi, says the bill seeks to clear all student debt and establish a qualification registrar, which will be a central government body that takes over the distribution and […] today9 January, 2025
World China Vows to Deepen Graft Fight in Areas Like Finance And Energy China's top anti-graft agency has vowed to double down on its efforts to battle corruption as it mapped out its focus in areas such as finance, state-owned enterprises, and energy and renewed its pledge to go after bribe payers in the new year. It's a signal that President Xi Jinping's campaign against dirty officials will roll on for the foreseeable future. Laura Westbrook is our reporter: today9 January, 2025
insert_link South Africa South Africa’s Stilfontein Mining Crisis Deemed Humanitarian Disaster by GOOD party The GOOD Party in S.A says the Stilfontein mining crisis in North West is a humanitarian disaster requiring urgent government intervention. The party accuses the government of violating constitutional rights by blocking rescue efforts and failing to address the socio-economic issues driving illegal mining. GOOD secretary-general Brett Herron, warns it become one of South Africa’s worst humanitarian failures: today9 January, 2025
insert_link Africa UN Says DRC Rebels Exported 150 Tons of Coltan to Rwanda Rebels in eastern Democratic Republic of Congo illicitly exported at least 150 metric tons of coltan to Rwanda last year, resulting in the largest known contamination of the Great Lakes Region's mineral supply chain, according to a U.N. expert report seen by Reuters. The exports began after the M23 movement, a Tutsi-led group allegedly supported by Rwanda, took control of the Rubaya area, a key source of minerals used in […] today9 January, 2025
insert_link World UK Parliament To vote on whether to launch an inquiry into ‘grooming gangs The UK Parliament will vote on whether to launch an inquiry into 'grooming gangs'. Leader of the opposition Conservative Party, Kemi Badenoch, said there was "still work to be done" to uncover the full extent of "historical child sexual exploitation." as Stuart Smith reports: today9 January, 2025
insert_link South Africa President Ramaphosa Defends ANC’s Constitutional Process in Zuma’s Expulsion ANC president Cyril Ramaphosa says due processes were followed according to the party’s constitution in expelling former president Jacob Zuma. MK Party leader Zuma has given the ANC until the 31st of January to reinstate him as a party member or face legal action. In a letter to the party, he listed at least 12 perceived transgressions by the ANC in his disciplinary process. Ramaphosa says the disciplinary process […] today9 January, 2025
