Business / EconomicsJanuary Vehicle Sales Up Year-on-Year but Drop Monthly Records indicate 966 new vehicle sales in January, a 1.7% increase from January 2024 but a 12.2% decline from December 2024. Economist Almandro Jansen attributes the drop to seasonal trends and post-holiday financial constraints. today25 February, 2025
insert_link Business / EconomicsMorning Biz News 25 February 2025: Market Trends, Global Investments, and Banking Updates Local Market Performance The Namibian stock market recorded a total of 1.57 million shares traded on Monday, amounting to a total value of N$41.77 million across 27 deals. According to the NSX report, the year-to-date traded volume has reached 9.67 million shares, with a cumulative value of N$579.69 million. The financial sector led the day's trading with transactions worth N$34.28 million, followed by the consumer staples sector, which saw activity […] today25 February, 2025
insert_link AfricaSudanese Army Breaks RSF Siege on Key Southern City The Sudanese army claims to have broken a nearly two-year siege by the paramilitary Rapid Support Forces on el-Obeid, a key southern state capital. BBC Africa has it that this development follows the RSF’s signing of a political charter in Nairobi to establish a breakaway government in its controlled areas. The conflict, ongoing since April 2023, has killed tens of thousands and displaced millions. today25 February, 2025
insert_link Business / EconomicsNIDA Reports N$3 Billion in Assets in First-Ever Annual Report The Industrial Development Agency released its first annual report since its establishment in 2018, revealing asset management worth N$3 billion. NIDA Board Chairperson Sebulon Kankondi shared the figures, while Finance Minister Iipumbu Shiimi urged the agency to adopt a high-performance culture. NIDA CEO Richwell Lukonga : today25 February, 2025
insert_link Dr. Sam NujomaWindhoek to Experience Traffic Disruptions for Nujoma Funeral Rehearsal The Police have issued a warning to Windhoek motorists for today. Nampol says they should expect road closures and traffic disruptions as the security cluster conducts a full-scale rehearsal for the state funeral procession of the late Founding President, Dr. Sam Nujoma. According to NamPol spokesperson Deputy Commissioner Kaunapawa Shikwambi, the rehearsal will take place starting at 7am, following the same route as the official procession on this coming […] today25 February, 2025
insert_link South AfricaIn S.A, the DA Says Limpopo’s R1 Billion Digital Health Project Lacks Progress In South Africa, the DA in Limpopo says over one-billion-rand has been spent on digitising medical files with no clear end in sight. The party has criticised the provincial Department of Health for the slow progress of the Veritas Digital contract, which has scanned files at only 64 of 523 facilities. The DA’s Lindy Wilson is calling for a review, urging that funds be redirected to address more pressing […] today25 February, 2025
insert_link NamibiaNamibia Ranked Among World’s Slowest in Internet Speed Namibia ranks 143rd out of 152 countries in the this year's Speedtest Global Index by Ookla, making it one of the slowest globally for internet speed. Additionally, the country performs poorly in digital quality, e-security, and e-governance, according to Surfshark’s 2024 index. Tannan Groenewald is the Head of Data & Analytics at Cirrus Capital, he weighed in on this: We also spoke with Texpert Nrupesh Soni for his opinion […] today25 February, 2025
insert_link WorldMacron contradicts Trump on Ukraine compensation in Oval Office French President Emanuel Macron has contradicted President Trump in the Oval Office, and told him that Russia, not Ukraine, should be paying compensation for the war Vladimir Putin has waged over the last 3 years. The US leader claimed that President Volodymyr Zelensky will soon travel to the United States to sign a minerals deal designed to repay Washington for its assistance to Kyiv. From Washington Simon Marks reports. […] today25 February, 2025
insert_link Business / EconomicsIn S.A, BOSA says Lesufi to Spin Success in Gauteng SOPA In S.A, Build One South Africa in Gauteng says premier Panyaza Lesufi will attempt to paint a picture of progress and success, when he delivers the state of the province address today. The party’s Ayanda Allie says Lesufi's 2024 address was filled with bold commitments, yet many remain unfulfilled, exposing a government failing to deliver on its promises. She says the premier will not address the failures in education, the […] today24 February, 2025
