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    Josia Shigwedha

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    Josia Shigwedha

Leonard Witbeen

6197 Results / Page 559 of 689

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South Africa

SAP to Pay 500-Million-Rand Settlement to SIU Over Corrupt Eskom Contracts

German software giant SAP has agreed to pay the Special Investigating Unit 500 million rand within seven days concerning corrupt contracts at Eskom. The SIU states that the settlement arises from two Eskom contracts, valued at around 1.1 billion rand, awarded to SAP between 2013 and 2016. The Special Tribunal has declared the contracts constitutionally invalid, following an investigation that revealed they were entered into illegally. The SIU emphasizes that […]

today26 March, 2024

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World

UK Sanctions Chinese Company and Two Individuals Over Cyber Attacks

The UK government has unveiled new sanctions in response to cyber attacks it says were carried out by hackers linked to the Chinese State. A company and two individuals said to be connected to a Chinese state-affiliated group have been sanctioned, over hacking campaigns targeting British lawmakers. The Chinese Embassy has rejected the claims. Simon Gaitán reports.  

today26 March, 2024

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Business / Economics

26 March 2024 Morning Biz News: Financial Updates: Insights into Market Developments

  1. Capricorn Group to Increase Stake in Paratus Telecom Capricorn Group, a prominent entity listed on the Namibian Stock Exchange, has announced its intention to elevate its ownership share in Paratus Telecom. Currently holding a 31% stake in the telecommunications company, Capricorn Group aims to bolster its position to 36% by the conclusion of the year. This move underscores Capricorn's confidence in Paratus Telecom's robust growth potential within the […]

today26 March, 2024

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Namibia

Expert Emphasizes Transparency as Key in State-Owned Enterprises

Independent business researcher Josef Sheehama has underscored the paramount significance of transparency in state-owned enterprises, commonly referred to as parastatals. Addressing the matter, Sheehama pointed out the clear connection between the absence of transparency and the widespread occurrence of corruption within these organizations.  

today26 March, 2024

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World

UNSC finally approves a ceasefire resolution

The United Nations Security Council has adopted a Gaza ceasefire resolution on Monday. The resolution was drafted by the elective members of the council and calls for an immediate ceasefire for Ramadan. Jody Jacobs reports from the United Nations in New York.  

today26 March, 2024

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Namibia

Senegal’s Next President Emerges as Opposition Candidate and Secures Victory as local analyst weighs in

Opposition candidate Bassirou Diomaye Faye is on track to become Senegal's next president after his rival from the ruling coalition conceded defeat. Initial results suggest that Faye, aged 44, may have won an outright majority in the delayed presidential election. Despite initially suggesting a runoff, ruling coalition candidate Amadou Ba, aged 62, later congratulated Faye, indicating a peaceful transition of power. Local public policy analyst Dr. Marius Kudumo provides insights […]

today26 March, 2024

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Business / Economics

EXCLUSIVE INTERVIEW: Independent Business and Economics Researcher Josef Kefas Sheehama Advocates for Parastatal Transparency

In a recent statement, Josef Sheehama emphasized the critical importance of transparency within state-owned enterprises, also known as parastatals. Speaking on the issue, Sheehama highlighted the direct correlation between the lack of transparency and the prevalence of corruption within these entities. Sheehama asserted that without adequate transparency and accountability measures in place, corruption becomes an enticing prospect for individuals seeking personal enrichment at the expense of public resources. He underscored […]

today26 March, 2024

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Namibia

ICT Minister Sets Firm Deadline for SIM Card Registration and Warns of Suspension

Information and Communication Technology minister, Emma Theofelus, announced that no further extensions will be granted to SIM card users beyond the approaching deadline of March 31, 2024. Those not registered by this date will face a three-month suspension, with users encountering warning messages and service restrictions. Minister Theofelus urged all SIM card users to utilize the grace period to complete their registration promptly.  

today26 March, 2024

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South Africa

High Court in Pretoria Sets Date for Ruling on SA’s National Assembly Speaker’s Urgent Court Bid

The High Court in Pretoria has scheduled the ruling on an urgent court bid by SA's National Assembly Speaker Nosiviwe Mapisa-Nqakula for the second of next month. Judge Sulet Potterill expressed dissatisfaction with Mapisa-Nqakula's request to inspect evidence before the ruling. The State has pledged not to arrest Mapisa-Nqakula until the court's decision. On special leave, she seeks to prevent arrest over alleged bribery while serving as Defence Minister. National […]

today26 March, 2024