S.A’s GOOD Party Criticizes City of Johannesburg’s 2.5-Billion-Rand Loan from French Development Bank

S.A’s GOOD Party Criticizes City of Johannesburg’s 2.5-Billion-Rand Loan from French Development Bank

In South Africa, the GOOD Party says the City of Johannesburg's approval of a 2.5-billion-rand loan from the French Development Bank places an unnecessary financial burden on residents. The loan, supported by ActionSA, the DA, and the ANC, was opposed by GOOD due to a lack of transparency and project plans. The party’s Matthew Cook argues the loan violates the Municipal Finance Management Act and is a result of transactional […]

July 26, 2024 17

World

Biden & Netanyahu discuss ceasefire deal

US President, Joseph Biden has met Israeli Prime Minister, Benjamin Netanyahu at the White House - the first meeting in Washington during iden's presidency. They discussed the ceasefire deal with Hamas - which although proposed weeks ago, has not been agreed upon. And the release of dozens of hostages still being held by Hamas. It all comes a day after Netanyahu's controversial address to Congress - which saw thousands of […]

July 26, 2024 20

Africa

Kenyan Police Detain Protesters Including Activist Boniface Mwangi

Kenyan police detained several individuals on Thursday as they attempted to deliver a petition to the president's office and lay flowers in memory of those killed during anti-government protests a month ago says Reuters. Among the detainees was Boniface Mwangi, a prominent activist. Protester Hanifa Adan reported on X that some parents of those killed in the June 25 protest were also detained.

July 26, 2024 25

World

Kamala Harris says world cannot become ‘numb’ to suffering in Gaza

US Vice President, Kamala Harris says the world cannot become "numb" to suffering in Gaza, speaking after meeting the Israeli prime minister.Benjamin Netanyahu also held talks with President Joseph Biden on Thursday, where they discussed ongoing efforts to secure a ceasefire deal. He is expected to meet with former President Donald Trump on Friday - who is vying to return to the White House in November. Sally Patterson has more. […]

July 26, 2024 23

South Africa

S.A President has appointed deputy Chief Justice Mandisa Maya as country’s first female Chief Justice

President. Cyril Ramaphosa has appointed deputy Chief Justice Mandisa Maya as South Africa’s first female Chief Justice with effect from the first of September. She will take over from the incumbent, Raymond Zondo, whose term in office expires at the end of next month. Ramaphosa’s spokesperson, Vincent Magwenya, says Maya’s appointment follows the president's consultation with the Judicial Service Commission and the leaders of political parties represented in the National […]

July 26, 2024 18

Business / Economics

26 July 2024 Morning Biz News: Key Developments Impacting the Market

Cabinet Approves Baynes Hydropower Project The Namibian Cabinet has given the green light for the implementation of the bi-national Baynes Hydropower Project. This approval also includes the expedited construction of a road to the project site, set to commence in September. The decision follows a June meeting between Angola’s Minister of Energy and Water, Joắo Baptista Borges, and Namibia’s Minister of Mines and Energy, Tom Alweendo. During the meeting, […]

July 26, 2024 18

Namibia

Revenue Agency Recovers N$20 Million from Fishing Companies

The Namibia Revenue Agency has recovered N$20 million from 14 fishing companies between May 1 and July 19. This was achieved through administrative summons and collaboration with third parties, including commercial banks, to address outstanding tax liabilities. The recovery efforts are part of NamRA's intensified campaign against deliberate tax evasion in the fishing industry. Namra spokesperson, Steven Ndorokaze.

July 26, 2024 71

World

The U.N’s Antonio Guterres calls for urgent action to curb extreme heat

The United Nations Secretary General has issued an urgent call to action to better protect billions around the world exposed to crippling effects of extreme heat. Global temperatures have been rising unabated, with Sunday, Monday and Tuesday this week having been the hottest days recorded. Jody Jacobs reports from the United Nations in New York.

July 26, 2024 13

South Africa

EFF accuses the City of Tshwane of planning to remove 37 black senior managers

In South Africa, the EFF accuses the City of Tshwane of planning to remove 37 black senior managers, with four already suspended. The party claims six white appointees from the Freedom Front Plus and DA have been placed in the metro police’s towing section. Mayor Cilliers Brink is criticised for allegedly favouring his business associates in tenders. During a council meeting, the EFF's, Obakeng Ramabodu said the DA-coalition is replacing […]

July 26, 2024 18