JPMorgan Upgrades South African Assets Amid Unity Government Optimism

JPMorgan Upgrades South African Assets Amid Unity Government Optimism

JPMorgan, the world's largest bank by market value, has upgraded South African assets, shifting from underweight to overweight in its Central Europe, Middle East, and Africa asset allocation. The upgrade signals optimism following the formation of a government of national unity. However, risks persist as cabinet positions remain unfilled and the effectiveness of the GNU structure is unproven.

June 19, 2024 68

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Namibia

Namibia Leads Sub-Saharan Africa in Gender Equality And Ranks 8th Globally

Namibia has achieved 8th place globally on the 2024 Global Gender Gap Index, closing 80.5% of its gender gap and leading Sub-Saharan Africa. South Africa follows at 18th place worldwide. The index assesses gender parity across economic participation, education, health, and political empowerment, with Namibia excelling in all dimensions, ranking in the top 25 globally in each subindex. Bernadette Jagger, the Deputy minister.

June 19, 2024 64 2

Namibia

GIPF Holds Millions in Unclaimed Benefits And Urges Members to Claim Funds

The Government Institutions Pension Fund has revealed that it currently possesses "millions" in unclaimed benefits intended for members who have departed from the fund and no longer hold employment. GIPF reports that around 176 members still need to collect their benefits, which are categorized as "unclaimed" under the fund's regulations. Edwin Tjiramba- GIPF's spokesperson.

June 19, 2024 35

World

Biden offers protections for illegal spouses of US citizens

U.S President, Joseph Biden has outlined what he's called a "common sense fix" to give undocumented immigrants legal status in the United States. His plan allows around 500,000 people living in the US illegally, who are married to US citizens, the chance to apply for green cards without leaving the US. The administration says it will help keep families together, rather than forcing them to leave America while their paperwork […]

June 19, 2024 24

Namibia

Tragic Head-On Collision Claims Eight Lives on Otavi-Otjiwarongo Road

A fatal accident occurred on the Otavi-Otjiwarongo B1 road in the Otjozondjupa Region this afternoon, claiming the lives of eight people. According to Senior Inspector Maureen Mbeha of the Namibian Police Force, the accident involved a head-on collision between two vehicles. The collision happened approximately 20 kilometers south of Otavi when a vehicle overtaking another collided with an oncoming seven-seater, killing all eight occupants in the seven-seater. Police are still […]

June 19, 2024 97

South Africa

KwaZulu-Natal premier Thami Ntuli Appoints Diverse Executive Council

In S.A, KwaZulu-Natal premier,, Thami Ntuli has appointed his executive council with a composition reflecting multiple political parties. The council includes four members from the IFP, three from the ANC, two from the DA, and one from the NFP. This diverse appointment aims to foster cooperation and inclusive governance across party lines in the province. Ntuli thanked voters and political allies for their support in achieving a government of provincial […]

June 19, 2024 37

World

Reports Indicate India and China Have expanded nuclear weapon stockpile

India and China are expanding their nuclear warheads according to Swedish defense think tank SIPRI. Stockholm International Peace Research Institute says India added eight new nuclear warheads to its arsenal - while China added 90 in the past one year. Ishan Garg has more.

June 18, 2024 41

Namibia

Man Dies After Shack Fire in Ombili Informal Settlement

Johannes !Hoaeb, 39, from Ombili informal settlement in Otjiwarongo, died from injuries after his shack burned down on Monday morning. !Hoaeb, who appeared intoxicated, had asked his mother for matches before the fire broke out. Despite efforts by his mother and neighbors to save him, he suffered severe burns and died while being transferred to a hospital. Police are investigating the incident.

June 18, 2024 27

South Africa

RISE Mzansi Vows to Amplify Youth Voices in S.A. National Assembly and Gauteng Legislature

RISE Mzansi, now represented in South Africa's National Assembly and Gauteng provincial legislature, aims to amplify the voices of young people. Mabine Seabe of RISE Mzansi states the party will engage with communities, including youth, to understand their priorities for the National Assembly and Gauteng Provincial Legislature. Additionally, the party will keep these communities informed about legislative activities at both the national and provincial levels.

June 18, 2024 55