insert_link South Africa S.A’s ACDP leader Kenneth Meshoe says unemployment remains too high S.A's ACDP leader Kenneth Meshoe says unemployment remains too high, with many qualified doctors struggling to find work. He warns losing the African Growth and Opportunity Act could have serious economic consequences for South Africa. President Cyril Ramaphosa’s state of the nation address was under scrutiny for a second day yesterday. Debating the address, Meshoe said the ACDP supports sending a delegation to the United States to engage with the […] today13 February, 2025
insert_link Africa AU Summit Focuses on Conflict Resolution and Self-Reliance The 38th African Union Summit has commenced in Addis Ababa, Ethiopia, bringing together leaders from all 55 member states. Key discussions will address ongoing conflicts across the continent and strategies to reduce dependence on foreign aid, especially in light of US funding cuts and its withdrawal from the World Health Organization. Additionally, the summit will see the election of a new AU chairperson, with Kenya’s Raila Odinga, Djibouti’s Mahmoud Ali […] today13 February, 2025
insert_link Business / Economics Oil giant Chevron slashing up to 20% of its global workforce Mass layoffs coming to Chevron. The oil major says it's slashing up to 20% of its global workforce as part of a cost-cutting effort. It's the last oil and gas company to cut headcount among lower prices. Toni Waterman has more. today13 February, 2025
insert_link South Africa In South Africa, EFF Tells Ramaphosa To Focus on Phala Phala, Not Empty Promises South Africa's EFF has called on president Cyril Ramaphosa to focus on his Phala Phala farm in Limpopo instead of making empty promises. Debating the state of the nation address, the party’s Omphile Maotwe argued urgent steps such as expropriating land without compensation and nationalising the South African Reserve Bank are needed: today13 February, 2025
insert_link Africa Zambia Honors Late Namibian Founding President Sam Nujoma The Zambian government signed the book of condolences at the Namibian High Commission in Lusaka today, honoring Dr. Sam Shafiishuna Nujoma, who passed away on February 8. President Hakainde Hichilema expressed Zambia’s deepest condolences, describing Nujoma as an African icon and liberation hero. Hichilema noted that Nujoma’s passing marks the end of an era for the region’s founding fathers, alongside Dr. Kenneth Kaunda, Robert Mugabe, Julius Nyerere, and Samora Machel. today13 February, 2025
insert_link Namibia US Aid Freeze Hits Namibian Organizations Namibian civil society groups are alarmed by the US decision to suspend foreign aid for 90 days, citing its direct consequences on local organizations. The Namibia Diverse Women’s Association faces job losses for 12 employees due to the funding halt, according to strategic coordinator Linda Baumann. NamNet chairperson Mahongora Kavihuha provides further insight into the situation. today13 February, 2025
insert_link Business / Economics Inflation Falls, But Monthly Rate Rises Inflation eased locally to 3.2% in January, reflecting a steady decline from previous months due to lower costs in key sectors. Despite the annual slowdown, the month-on-month rate climbed to 1.1% from 0.2% in December. Transport, housing, and food remain the biggest inflation drivers. Simonis Storm economist Almandro Jansen: today13 February, 2025
insert_link Business / Economics Morning Biz News – 13 February 2025 Bank of Namibia Cuts Interest Rate Again The Bank of Namibia has reduced its key interest rate for the fourth consecutive monetary policy meeting, lowering the repo rate by 25 basis points to 6.75%. The central bank cited stable inflation projections and the need to support economic growth as the primary reasons for the cut. This follows similar reductions in its last three policy decisions, signaling a continued effort […] today13 February, 2025
insert_link Business / Economics US inflation hits 3% for first time since June US President Donald Trump is pressing on with his protectionist agenda, readying reciprocal tariffs on various products from multiple nations, despite fresh inflation data showing prices are still rising in the United States. CPI increased 3% last month compared to a year ago — that's higher than economists predicted, as Benji Hyer reports. today13 February, 2025
