Tonata Kadhila, Author at Future Media News

President Nangolo Mbumba reflects on first 6 months in office

President Nangolo Mbumba assumed leadership of Namibia six months ago, following the passing of President Hage Geingob. Future Media News spoke with President Mbumba about his transition into office, the challenges faced during his tenure, and his vision for the country’s future. Separately, President Mbumba and the wife of the 3rd President, Dr. Hage Geingob, Madame Monica Geingos joined by many Namibians, laid a wreath today at Heroes' Acre on […]

5 August, 2024

Namibia

Government condemns German official’s move to lay a wreath at the grave of Schutztruppe

The Government has condemned the move by Sven Tritschler who is the deputy leader of the Alternative für Deutschland Parliamentary faction, for laying a memorial wreath at the grave of a notorious Schutztruppe officer during a recent visit to Namibia. This act has sparked criticism due to its insensitivity toward historical injustices and the deliberate genocide against the OvaHerero and Nama people. Here is the Deputy Executive Director in the […]

1 August, 2024

World

Global regulator pushes for financial reports to include climate risk

The International Accounting Standards Board (IASB) has called for companies to include climate-related risks in their balance sheets and income statements, marking a significant departure from current practices. Bloomberg Africa reports that the IASB, which sets accounting standards for over 160 countries, announced a market consultation to ensure financial statements reflect the impact and uncertainties associated with climate change. In 2023, the IASB introduced IFRS S1, which outlines general requirements […]

1 August, 2024

Uncategorized

MTC expands rural schools procject

The MTC Rural Schools Project has built over 40 classrooms across 9 regions, since its inception in 2019. MTC Public Relations Officer, Erasmus Nekundi said this during the handover of 8 classrooms at Tsumeb Primary School in the Oshikoto region on Wednesday. Since the start of this project, the Minister of Education, Arts, and Culture has emphasized that the Ministry requires a total of N$1.8 billion to address […]

1 August, 2024

World

Iran accuses US of aiding Israel in Haniyeh strike

Iran’s ambassador to the United Nations, Amir Saeid Iravani, has blamed America for the death of Hamas leader Ismail Haniyeh, claiming it could not have happened without US authorisation and intelligence support. Haniyeh was killed by a strike in Tehran yesterday, which has been blamed on Israel. Here is Iravani speaking at the UN Security Council. The UNSC’s emergency meeting on Wednesday came as Iran and Hamas – […]

1 August, 2024

Africa

Nigerian authorities warn against violent protests

Nigeria is bracing for nationwide protests over the high cost of living, with authorities cautioning against violent demonstrations similar to those in Kenya that led to a government reversal on new taxes. The AFP news agency reports that while facing severe inflation and a devalued naira after President Bola Tinubu's economic reforms, the #EndbadGovernanceinNigeria movement has gained traction online. As inflation skyrockets, many poor Nigerians have had to skip meals […]

1 August, 2024

Business / Economics

Namibia’s merchandise trade deficit shrinks in June 2024

The Namibia Statistics Agency has released the latest trade statistics bulletin which shows that during June 2024, the country’s trade balance stood at a deficit of N$825 million, a notable improvement when compared to N$3.4 billion and N$1.5 billion recorded in May 2024 and June 2023, respectively. The data also revealed that China emerged as Namibia’s largest market for exports while South Africa took the first position on imports. NSA […]

1 August, 2024

Namibia

Final push for voter registration efforts underway

With August 1 being the final day for eligible Namibian citizens to register to vote and receive a voter’s card for the Presidential and National Assembly elections on November 27, we spoke with an economist about the importance of voter registration. According to Dr. Omu Kakujaha-Matundu, strong democracies often lead to stronger economies, making it key for everyone to participate. The general elections in Namibia are scheduled for […]

31 July, 2024

Namibia

Telecom Namibia operationalises Equiano sub-sea cable

Telecom Namibia has activated the Equiano sub-sea cable to strengthen Internet connectivity with higher bandwidth and lower latency. Boasting 12 fiber pairs and a design capacity of 144 Tbps, the cable offers 20 times the capacity of existing connections between Europe and Southern Africa. An economic impact assessment predicts a 7.5% increase in internet penetration in Namibia by 2025. The telecommunications service provider, marked 32 years of national service, by […]

31 July, 2024