Leonard Witbeen, Author at Future Media News

Democratic Alliance in South Africa Raises Concerns Over State-Owned Enterprises’ Financial Woes

The DA in South Africa expresses distress over the financial challenges faced by state-owned enterprises following the National Treasury's release of the third-quarter government expenditure report. Eskom, set for a substantial bailout, reports a significant loss, while municipal debt rises sharply. Troubled entities include the Land Bank, South African Airways, Transnet, and Denel. The DA warns against the ANC's bailout strategy, citing potential threats to fiscal sustainability, essential services, and […]

15 February, 2024

Namibia

Job Amupanda Seeks Adjustments to Lawsuit Against Red Line

Job Amupanda, leader of the Affirmative Repositioning movement, aims to revise his lawsuit filed nearly three years ago to challenge Namibia's veterinary cordon fence. Despite opposition, Amupanda faces objections from five defendants as he seeks adjustments to his claim in the High Court. Amupanda expands on the latest.

15 February, 2024

World

Gaza ceasefire resolution to be tabled before the end of the week

The Arab group of countries at the United Nations say a draft resolution calling for an immediate humanitarian ceasefire in Gaza will be table before the Security Council in the coming days. Speaking to reporters on Wednesday, Palestine's Ambassador, Riyad Mansour said the draft has massive support in the council and will be put to a vote even without the support of the United States.

15 February, 2024

Namibia

Potential Fuel Theft Valued at Over N$1 Million Discovered at Namibian National Oil Storage Facility

The National Petroleum Corporation of Namibia has identified a potential fuel theft amounting to over N$1 million at the National Oil Storage Facility in Walvis Bay. Loading documents indicate the dispatch of diesel ADO 50 ppm last December and January this year, yet there's no evidence of the product reaching the intended customer site. NamCor's Manager of Marketing, Communications, and Public Relations, Paulo Coelho.

15 February, 2024

Namibia

Prison Farms: Bridging Rehabilitation, Skill Development, and Community Growth

Prison farms alleviate the tax burden by utilizing inmate labor for agricultural production, supplying food for inmates. In the same breathe, inmates gain transformative skills and enhancing employability. Moreover, these initiatives foster economic development in rural communities. Namibian Correctional Services Commissioner-General Raphael Hamunyela.

15 February, 2024

Business / Economics

15 February 2024 Morning Biz News: Economic Developments and Financial Indicators: A Snapshot of Recent News

In the dynamic landscape of global economies, recent developments highlight the challenges and opportunities faced by various countries. From ambitious power projects in Namibia to currency fluctuations in South Africa, outstanding debts settlement in Nigeria, and unexpected economic downturns in Japan, this article provides insights into the latest economic trends. Additionally, we'll explore the current financial indicators that play a crucial role in shaping the economic landscape. NamPower's Bold […]

15 February, 2024

World

Deadly shooting at US Super Bowl parade

US Police say there are several casualties in Kansas City, after shots were fired during a Super Bowl victory parade. Thousands of fans had gathered on Wednesday in the US state of Missouri to celebrate the Kansas Chiefs's victory in America's National Football League game. Benji Hyer has the latest.

15 February, 2024

South Africa

SA’s African Christian Democratic Party leader Kenneth Meshoe believes government efforts won’t resolve the Gaza conflict

The African Christian Democratic Party leader Kenneth Meshoe believes government efforts won't resolve the Gaza war and suggests influencing Hamas to release hostages as a solution. He calls on the international community to demand the destruction of tunnels by Hamas and acknowledge Israel's right to exist. Meshoe issues a warning citing Biblical quotes.

15 February, 2024

Namibia

Report Attributes High Failure Rate to Automatic Grade Progression

A recent parliamentary standing committee report identifies the main cause of the high failure rate among grades 11 and 12 students in the 2022 academic year. It points to the automatic progression of students to the next grade without acquiring basic competencies like reading and writing. The standing committee on education, science, information, communication technology, and youth development presented this report during a National Council session. The findings stress the […]

15 February, 2024