Leonard Witbeen

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Business / Economics

In S.A, COPE Urges Godongwana to Prioritize Economic Growth in Budget

To South Africa now, where the Congress of the People is calling on Finance minister, Enoch Godongwana, to deliver a budget that prioritises heightened economic growth. COPE’s, Pake Dikgetsi, says they are warning that austerity measures targeting social services, while billions are lost to corruption will push the country further into a crisis Meanwhile, the GOOD Party Secretary-general, Brett Herron, says as things stand, around 18-million South Africans are poor […]

today19 February, 2025

Africa

Sudan’s RSF Attacks Kill Over 200 Amid Political Deadlock

More than 200 people have been killed in Sudan over the past three days in attacks by the Rapid Support Forces, activists reported to Reuters. The paramilitary group has delayed signing a political charter that could lead to a breakaway government. While the RSF controls much of western Sudan and parts of Khartoum, it has been losing ground in central Sudan to the army.

today19 February, 2025

Business / Economics

Morning Biz News – 19 February 2025

The Namibian stock market recorded notable trading activity this month, with a total of 940,710 shares exchanged, valued at N$13.4 million across 53 deals. The financial sector led trading volumes, with 1,089,156 shares changing hands, amounting to N$2.6 million. Year-to-date, 8.4 million shares have been traded, totaling N$496.4 million across 660 deals. In South Africa, Statistics South Africa (Stats SA) has delayed the release of the January 2025 inflation report […]

today19 February, 2025

Africa

Burundi Denies Troop Withdrawal from DR Congo

Reuters reports suggest Burundi is withdrawing its forces from eastern DR Congo, where they were combating M23 rebels, posing a challenge for Congo’s army. However, a Burundian military spokesman dismissed these claims as "fake," stating on X that their troops remain active in their designated areas.

today19 February, 2025

Business / Economics

BES-Net Trialogue Promotes Biodiversity Solutions

Windhoek is hosting the BES-Net Regional Trialogue for East and Southern Africa, organized by the Environment, Forestry and Tourism ministry, UNDP, and BES-Net. The event aims to strengthen collaboration among experts to address biodiversity challenges. Executive Director Teofilus Nghitila emphasizes the importance of science-driven policies informed by real-world practices. Meanwhile, Alka Bhatia, the UNDP's Resident Representative said the trialogue embodies a spirit of cooperation which is needed to drive meaningful […]

today19 February, 2025

World

Head of US Social Security resigns amid DOGE requests

The acting head of the US Social Security Administration has stepped down after apparently refusing to hand over sensitive information to Elon Musk's Department of Government Efficiency. Michelle King is the latest high-ranking official to resign in relation to requests amid the Trump administration's cost-cutting drive. Nick Harper reports from Washington.  

today19 February, 2025

Business / Economics

NAMCOR Completes Drilling of Sagittarius-1X Well

The National Petroleum Corporation and its partners have completed drilling the Sagittarius-1X exploration well in Block 2914 of the Orange Basin. NAMCOR’s Manager of Marketing, Communications, and Public Relations, Paulo Coelho: indicates that drilling began on 18 December 2024 using the Noble Venturer drillship and reached total depth on 6 February 2025.

today19 February, 2025