insert_link Namibia Youth Groups Raise Alarm Over Children in Political Campaigns as Swapo Party Youth League Defends Engagement Strategies Youth groups are expressing growing concerns regarding the use of children in political activities, particularly in wearing political attire and attending campaign rallies for various political factions. It is reported that Willem Amutenya, a central committee member of the Swapo Party Youth League, argues that political gatherings are similar to other community meetings. He states that the ongoing political campaigns are designed to engage the electorate, which, according to the […] today24 October, 2024
insert_link Namibia Human Rights Activist Linda Baumann Advocates for LGBTQIA+ Rights Beyond Labels In a recent interview, Human Rights Activist Linda Baumann discussed the vital importance of LGBTQIA+ advocacy, urging society to see individuals beyond their sexual orientation. She emphasized that access to information and press freedom are crucial for fostering understanding and support within communities, while also recognizing the interconnected nature of human rights issues that affect various groups. Baumann highlighted the challenges faced by individuals who navigate their personal and professional […] today24 October, 2024
insert_link South Africa Hawks confirm more arrests are expected in a four-billion-rand diamond investment scheme In S.A, the Hawks has confirmed that more arrests are expected in a four-billion-rand diamond investment scheme. Nine suspects, including diamond dealer Louis Liebenberg and his wife, Dezzi, have been arrested. They will appear in the Bronkhorstspruit Magistrate’s Court today, facing fraud, theft, money laundering, and racketeering charges. Hawks spokesperson Philani Nkwalase told Newzroom Afrika that investors were defrauded since 2019: today24 October, 2024
insert_link Africa Mozambique’s Dollar Bond Drops Amid Election Dispute Unrest Mozambique's dollar bond declined for a third consecutive day as unrest over disputed election results intensified. The country's eurobond, CNBCAfrica indicates, maturing in 2031, fell by 0.58 cents, with total losses surpassing two cents since Friday. Opposition candidates claim the October 9 election was rigged, with final results expected this week. today24 October, 2024
insert_link Business / Economics S.A Union Welcomes Inflation Drop, Urging Reserve Bank to Lower Repo Rate S.A Union federation Cosatu has welcomed the drop in consumer inflation from 4.4-to 3.8-percent, saying it offers relief to struggling workers. Spokesperson Matthew Parks is urging the South African Reserve Bank to reduce the repo rate by at least 50 basis points to ease debt burdens. He also calls for government intervention to stabilise Eskom and reduce fuel prices: today24 October, 2024
insert_link World US confirms North Korean troops now in Russia North Korean troops are now in Russia, the United States has confirmed. Defense Secretary Lloyd Austin told reporters there is "evidence" of soldiers in the region. Ukraine's military intelligence earlier said troops were expected to arrive in Russia to join Moscow's fight against Ukraine's incursion. Sally Patterson reports. today24 October, 2024
insert_link Business / Economics Central Procurement Board Awards Over N$3.2 Billion in Projects The Central Procurement Board has awarded 164 projects totaling more than N$3.2 billion during the first half of the year. At a media briefing in Windhoek, it was disclosed that 91 projects are progressing well, while 16 are significantly delayed, three have been terminated, and 31 are awaiting status updates. Acting Executive for public procurement management, Immanuel Kambinda. The |Khomas Region received the highest contract value at over N$4 billion, […] today24 October, 2024
insert_link Business / Economics September Sees Global Interest Rate Cuts to Stimulate Economic Growth September was a significant month in the global financial landscape, with major economies such as the United States, European Union, China, South Africa, and Namibia implementing interest rate reductions. These cuts came after a prolonged period of low economic growth and were largely anticipated by markets as a strategy to stimulate economic activity and lower borrowing costs. Almandro Jansen: Simonis Storm Economist. today24 October, 2024
insert_link South Africa DA Welcomes Arrest of Louis Liebenberg and Associates in Multi-Billion Rand Diamond Scam South Africa's DA has welcomed the arrest of Louis Liebenberg, his wife Dezzi, and seven associates for their alleged involvement in a four-billion-rand diamond investment scam. Liebenberg is known for funding Jacob Zuma’s legal battles. DA spokesperson Willie Aucamp praised former member of Parliament Veronica van Dyk’s role in exposing the scheme, despite facing intimidation and lawsuits: today24 October, 2024
