insert_link South Africa General Industries Workers Union of South Africa Condemns Job Losses The General Industries Workers Union of South Africa has decried the loss of 194,000 jobs in the fourth quarter of 2023, pointing out a 1.8% decline in the labor force. Mametlwe Sebei, the union's president, has attributed this to neocolonial capitalism and the ANC's neoliberal policies. Sebei advocates for the nationalization of key sectors and prioritization of job creation, particularly in industries like construction. Urgent action, he emphasizes, is necessary […] todayMarch 28, 2024 37
insert_link World Chinese rail giant pulls out of $600Mn tender after EU probe Chinese rail giant CRRC has withdrawn its 660 million dollar bid to supply electric trains to Bulgaria after an EU probe. Officials in Brussels were investigating if the company had used state subsidies to artificially lower its tender offer. Ishan Garg has more from Brussels. todayMarch 28, 2024 62
insert_link South Africa Freedom Front Plus in SA Condemns Expropriation Without Compensation The Freedom Front Plus in South Africa has vehemently opposed expropriation without compensation, stating that it would further deteriorate the country after 30 years under ANC rule. The party has once again rejected the Expropriation Bill in the National Assembly, even after it was referred back with amendments by the National Council of Provinces. While the bill aims to expropriate land and property in the public interest, the FF Plus […] todayMarch 28, 2024 27
insert_link Business / Economics Weekly Economics Wrap: March 21-28, 2024 As the global economic landscape continues to evolve, this week's wrap-up brings forth significant developments from Namibia, South Africa, across Africa, and internationally. From record-breaking achievements in the mining sector to ambitious economic reforms and market movements, here's a glimpse of the key highlights: Namibia: Andrada Mining's Milestone Performance: Andrada Mining proudly announced record-breaking production figures for the fiscal year 2024 (FY24), accompanied by a robust cash balance of […] todayMarch 28, 2024 16
insert_link Namibia Economist Discusses Potential Impact of Electricity Supply Concerns on Namibia As winter approaches, concerns arise regarding the supply of electricity from neighboring countries, particularly South Africa. Robert McGregor, an Economist from Cirrus Capital, sheds light on the potential impact this could have on Namibia's electricity supply. todayMarch 28, 2024 40
insert_link Namibia Enhancing Healthcare: New Blood Donation Center Opens in Namibia In a notable development aimed at improving healthcare services in Namibia, the Blood Transfusion Service of Namibia and the Namibia Oncology Centre are pleased to announce the opening of a new blood donation center at the Namibia Oncology Centre premises, situated at in Eros. The inauguration of the donor center is scheduled for Wednesday, April 3. Here's NamBTS' Zita Tobin. todayMarch 28, 2024 62
insert_link World China demands answers from Pakistan about the terror attack on Chinese citizens China is pressing Pakistan to investigate a terror attack in the nation's northwest that caused the deaths of five Chinese engineers. The US has condemned the bombing and says it stands with Pakistan in what it called "testing times". Hira Mustafa has more. todayMarch 28, 2024 15
insert_link South Africa SA’s Rand Water Prevails in Court Against AfriForum’s Attempt to Halt Water Supply Reduction AfriForum's court action to prevent Rand Water from reducing water supply to seven municipalities owing over three billion rand has been unsuccessful. AfriForum had applied to the High Court in Pretoria to order Rand Water to restore full water supply to the affected municipalities, citing far-reaching implications for the communities. The municipalities, located in Gauteng, Free State, and Mpumalanga, face reduced supply due to outstanding debts. Rand Water welcomes the […] todayMarch 28, 2024 12
insert_link Namibia 23rd ICT Stakeholders Consultative Meeting Held in Windhoek The Information Communication Technology ministry recently hosted the 23rd ICT Stakeholders Consultative meeting in Windhoek. This gathering served as a platform for the Government and the ICT industry to discuss key ICT programs, projects, and initiatives. Ministry spokesperson Shoki Kandjimi provided insights into the discussions held during the meeting. todayMarch 28, 2024 25