insert_link Namibia Cuba Embassy to Host Press Conference on U.S. Blockade and Upcoming UN Resolution The Embassy of Cuba has requested support from the Ministry of International Relations and Cooperation, along with the Ministry of Information and Communication Technology, to organize a press conference with HE Sergio Vigoa de la Uz, Cuba's ambassador to Namibia. The conference will discuss the impacts of the over 60-year U.S. blockade against Cuba and the upcoming UN General Assembly resolution calling for its termination, which many regard as genocidal today17 October, 2024
insert_link Environment JOINT PRESS RELEASE: Handover of vehicles and IT equipment for the Wildlife Protection Service (WPS) unit Handover of vehicles and IT equipment for the Wildlife Protection Service (WPS) unit The Integrated Wildlife Protection Project (IWPP), co-financed by the German Ministry for Economic Cooperation and Development (BMZ) through KfW Development Bank has handed over 22 vehicles (21 4x4 patrol vehicles and one sedan Corolla service vehicle) and IT equipment worth NAD 19.8 million (approx. EUR 1 million) to the Ministry of Environment Forestry and Tourism (MEFT). […] today16 October, 2024
insert_link South Africa South Africa’s Police launch manhunt for four men they believe could be linked to the Lusikisiki massacre South Africa's Police have launched a manhunt for four men they believe could be linked to the Lusikisiki massacre that saw 18 people killed in the Eastern Cape last month. The suspects are Songezo Vuma, Bonga Hintsa, Aphiwe Ndende, and Lwando Anthony Shakes. On Tuesday, one of the men already arrested in connection with the murders, Siphosoxolo Myekethe, abandoned his bail application. National police spokesperson, Athlenda Mathe, says they believe […] today16 October, 2024
insert_link Environment US disaster fund out of money amid avalanche of hurricane loan requests A key federal program that provides loans to disaster survivors has run out of money. The lack of funding could slow the recovery operations for millions of people devastated by Hurricanes Helene and Milton. Toni Waterman has more. today16 October, 2024
insert_link Business / Economics Simonis Storm Analyst Weighs In on Potential Repo Rate Cut Analysts expect the Bank of Namibia Monetary Policy Committee to announce a 25-basis point cut in the repo rate this Wednesday. The Brief says, however, Simonis Storm Securities Junior Economist, Almandro Jansen warned that while a cut is possible, it’s not guaranteed, with a likelihood just below 50%. He noted that inflation dynamics, particularly the recent decline in headline inflation, will significantly influence the MPC's decision. today16 October, 2024
insert_link Science & Technology NASA launches spacecraft to Jupiter’s moon NASA has launched a spacecraft to Jupiter's frozen moon, Europa, to look at whether the distant world has conditions suitable to support life. The 5.2 billion dollar mission is more than a decade in the making. Here's our Kate Fisher with the report. today16 October, 2024
insert_link Business / Economics IJG Securities, strongly anticipates a 25-basis point reduction in the repo rate Eric Van Zyl, Managing Director Designate of IJG Securities, strongly anticipates a 25-basis point reduction in the repo rate during the upcoming Bank of Namibia Monetary Policy Committee meeting. According to The Brief, he cites several economic factors supporting this easing, including declining inflation trends and high real interest rates. He also emphasized that Namibia's uneven economic growth suggests a more accommodative monetary stance could stimulate broader economic activity. today16 October, 2024
insert_link South Africa MK Party has accused the Special Investigating Unit of being a presidential hit squad The MK Party has accused the Special Investigating Unit of being a presidential hit squad, initiating investigations for political ends. The SIU delivered a presentation on its annual report to Parliament’s portfolio committee on Justice and Constitutional Development yesterday. The MK Party’s chief whip, Mzwanele Manyi, also expressed doubt about the independence of the SIU, since it relies on a proclamation being signed by the president before it can initiate […] today16 October, 2024
insert_link South Africa S.A Special Investigating Unit says it has recovered a record eight-billion-rand for the government The S.A Special Investigating Unit says it has recovered a record eight-billion-rand for the government during the 2023/2024 financial year. This is a result of effective investigations, speedy litigation, and recovery processes. The bulk of the recoveries come from investigations into Transnet, Eskom, and the National Student Financial Aid Scheme. SIU head, Andy Mothibi, says they have also successfully set aside contracts and administrative action worth over 2.13-billion-rand through the […] today16 October, 2024
