insert_link Business / EconomicsChip Maker TSMC to invest $100b in US Taiwanese chipmaker TSMC says it will invest an additional $100 billion in the US - allowing it to significantly expand its production capacity and bring cutting edge technology to the US. Toni Waterman has more. today4 March, 2025
insert_link Nam Elections 2024Ekandjo Slams Swapo VP Freeze as Unconstitutional Swapo veteran Jerry Ekandjo has condemned the party's central committee decision to suspend the vice president position until 2027, calling it unconstitutional. Speaking to One Africa TV NewsOnOne's Josia Shiwedha, Ekandjo criticized the move, which comes after the committee endorsed Vice President Netumbo Nandi-Ndaitwah as the sole presidential candidate for the upcoming extraordinary congress on Thursday. Last night's bulletin is now on oneafrica.tv. Weeknights at 7 you are free to […] today4 March, 2025
insert_link Nam Elections 2024Itula Acknowledges Supreme Court Ruling but Questions ECN’s Interpretation Independent Patriots for Change leader Panduleni Itula says the party accepts the Supreme Court's decision to dismiss the bid to nullify last year’s presidential and parliamentary elections. However, speaking to local media, Itula emphasized that while they respect the ruling, they do not necessarily agree with the Electoral Commission interpretation of the law. He urged supporters to move forward and called for a critical review of country's electoral laws. today4 March, 2025
insert_link AfricaM23 Rebels Abduct Over 130 Patients from Hospitals in Eastern Congo today4 March, 2025
insert_link Business / EconomicsTrump Confirms US Tariffs on Canada, Mexico, and China Will Proceed After weeks of speculation, U.S. President Donald Trump has announced that 25% tariffs will be imposed on imports from Canada and Mexico, plus another 10% on China, effective Tuesday, U.S. time. US markets reacted to the news with the S&P 500 marking its worst day since December, while the Dow Jones dropped more than 600 points. Mitch McCann reports: today4 March, 2025
insert_link NamibiaGovt Mulls Probe Into NBC’s Executive Bonuses and Spending The Ministry of Information and Communication Technology is considering launching an investigation into the Namibian Broadcasting Corporation following concerns over N$5.4 million in executive bonuses and a N$1.9-million vehicle for its director general, Stanley Similo. A parliamentary report, tabled on 15 February, highlights excessive spending and calls for a forensic audit into NBC’s financial affairs. today4 March, 2025
insert_link WorldTrump suspends all military aide to Ukraine US President Donald Trump has ordered an immediate suspension of American military support for Ukraine, just days after his on-camera argument with the Ukrainian President, Volodimir Zelenskyy. The White House says the suspension will remain in force until the Ukrainians demonstrate a "good faith commitment to peace". Our Washington Correspondent Simon Marks reports. today4 March, 2025
insert_link AfricaWFP to Shut Down Southern Africa Bureau The United Nations’ World Food Programme is closing its regional bureau for Southern Africa, a communications officer confirmed on Monday to CNBCAfrica. The decision, announced in an internal email from WFP Global Executive Director Cindy McCain, was shared with staff worldwide on Friday according to Bloomberg News. A WFP spokesperson in Johannesburg confirmed the closure to Reuters but did not provide reasons or clarify whether it was linked to recent […] today4 March, 2025
Business / Economics04 March Morning Biz News: Shiimi Appoints New Procurement Board, Fuel Price War Erupts in Nigeria, and Sinopec Unveils Major Oil Discovery Finance Minister Reshuffles Central Procurement Board Finance Minister Ipumbu Shiimi has made key appointments to the Central Procurement Board of Namibia, ensuring continuity and fresh leadership. Mary Ndeshihafela Shiimi and Julinda Memosa //Garus-Oas have been reappointed, with Shiimi serving as the board chairperson. Meanwhile, Brian Katjaerua has been appointed as the new deputy chairperson. These appointments aim to enhance efficiency in procurement processes and strengthen governance. South African Manufacturing Sector […] today4 March, 2025