insert_link Business / Economics 14 June 2024 Morning Biz News: Global Financial Developments: From Loans to Levies, Markets React Amidst Economic Shifts 1. Paratus Namibia Holdings Successfully Raises N$175 Million through Floating-Rate Notes Paratus Namibia Holdings Limited, in collaboration with Cirrus Capital, has achieved a significant milestone in the financial markets with the successful auction of N$175 million in floating-rate notes. Despite facing a total demand of N$557 million, the issuance was fully allocated, underscoring strong investor confidence and appetite for high-quality debt instruments in Namibia's financial landscape. This development marks a […] todayJune 14, 2024 24
insert_link World Biden Administration Faces Legal Action Over Immigration Executive Order The White House is facing legal action over its new immigration policy at the US border. Groups advocating for immigrant rights say the President's executive order was illegal. As Mitch McCann reports. todayJune 14, 2024 31
insert_link South Africa S.A’s Parliament diligently preparing for the transition to the seventh administration S.A's secretary to Parliament ,Xolile George says Parliament has been diligently preparing for the transition to the seventh administration, a pivotal moment in democratic history. Briefing the media, George declared the Cape Town International Convention Centre as the parliamentary precinct. He says tomorrow's first sitting of the National Assembly and the National Council of Provinces in the centre represents the literal will of the people and the establishment of the […] todayJune 14, 2024 28
insert_link Namibia Correctional Service To Release 2,228 Inmates Following Presidential Pardon The Correctional Service Deputy Commissioner General, Sam Shaalulange announced in Windhoek that 2,228 inmates will be released under a presidential pardon granted by President Nangolo Mbumba. The pardon applies to non-serious offenders serving sentences for non-scheduled offenses, with conditional release on full parole approved by March 21. todayJune 14, 2024 77
insert_link Africa Namibia and Botswana Launch Joint Civil-Military Cooperation Plan to Enhance Border Security Namibia and Botswana have launched the Civil-Military Cooperation Plan to enhance border security and cooperation. The initiative, involving the Namibian and Botswana Defence Forces, focuses on combating smuggling, poaching, and illegal border activities. In addition, it also aims to involve community leaders and improve local livelihoods, with sensitisation campaigns scheduled for July and August. todayJune 14, 2024 29
insert_link South Africa S.A’s Health minister has called for public cooperation to prevent the spread of the M-pox virus S.A's Health minister Joe Phaahla has called for public cooperation to prevent the spread of the M-pox virus. The plea follows two confirmed cases in Gauteng and three in KwaZulu-Natal. Briefing the media, the minister urged individuals with suspected symptoms or those in contact with confirmed cases to seek medical attention promptly. National Institute for Communicable Diseases health expert, Jaqueline Weyer says cooperation is crucial in disrupting local transmission and […] todayJune 13, 2024 29
insert_link Namibia Veterans Protest Over Unmet Government Promises, Demanding Better Treatment Leopold Michael, a representative of the Veterans of the Liberation Struggle, discussed their peaceful protest and the grievances fueling their movement. He highlighted the veterans' primary concerns: the government's unfulfilled promises and the dire conditions faced by former refugees and combatants. The veterans are set to hand over a petition to the Ministry of Defence and Veterans Affairs, demanding better treatment and the fulfillment of commitments made by the government. […] todayJune 13, 2024 58
insert_link World Chinese premier visits New Zealand, Australia and Malaysia China's Premier, Li Qiang has arrived in New Zealand, and will then head to Australia and Malaysia. Li's visit to Australia and New Zealand will be the first by a Chinese premier, the second most powerful official in China's leadership, in seven years. As Laura Westbrook reports for us. todayJune 13, 2024 31
insert_link Namibia BIG Coalition Advocates for Basic Income as Human Right The BIG Coalition asserts that the Basic Income Grant is not charity but a moral imperative and human right, crucial for protecting citizens from poverty. Spokesperson Rinaani Musutua emphasizes the need for social protection amid high unemployment rates, urging the government to fulfill its obligations under international human rights treaties. The coalition views BIG as an economic stimulus, planning a protest march to support a universal, unconditional grant to combat […] todayJune 13, 2024 18