Financial restructuring strengthens NAMCOR’s performance

Financial restructuring strengthens NAMCOR’s performance

The National Petroleum Corporation of Namibia has given an update on its efforts to become a leading energy company. According to Paulo Coelho, Manager of Marketing, Communications, and Public Relations, Namcor is focusing on financial restructuring, improving operations, and accountability to strengthen its performance.

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World

Pakistan clamps down on protests

Pakistan's government is clamping down on mass demonstrations, a day former Prime Minister Imran Khan's party said it would hold a public protest in the capital city of Islamabad this week. Khan's supporters and party leaders held several demonstrations last month, demanding he be released from jail.

October 2, 2024 30

Africa

Kenya’s lawmakers want to extend Presidential term to seven years

Kenyan lawmakers have proposed revising the country’s constitution to extend presidential and parliamentary terms to seven years from five, according to a notice published in the Daily Nation newspaper. A bill submitted to the Senate and first read on 26 September 2024 is under discussion by a committee, according to the notice that calls for the public to submit its views on the proposal.

October 2, 2024 17

World

India says China reneged on border agreements

India's Foreign Minister has accused China of reneging on border agreements once again. This comes even as New Delhi and Beijing have recently said they're trying to disengage along disputed border areas. Here's India's Foreign Minister Dr S Jaishankar speaking to Carnegie Endowment.

October 2, 2024 24

Business / Economics

Namib Mills responds to allegations following tragic incident in South Africa

Namib Mills has issued a statement regarding the tragic deaths of three children in Mdantsane, Eastern Cape, South Africa, after consuming home-cooked porridge. The company emphasized that there is no evidence linking their Top Score Instant Porridge to the incident. As a precaution, the product has been temporarily withdrawn from markets in South Africa, Namibia, Zambia, and Lesotho while an independent investigation is conducted. In response to the situation, the […]

October 2, 2024 16

Business / Economics

FNB Namibia expects inflation to reach 4.7% in September

FNB Namibia expects headline inflation to increase to 4.7% year-on-year in September from 4.4% in August, mainly driven by rising food and non-alcoholic beverage prices because of the ongoing drought, while transport costs continue to decline. Core inflation is expected to slightly decrease from 3.8% in August to 3.7% in September. FNB Namibia economist Helena Mboti, explains.

October 2, 2024 30

Local

Old Mutual Foundation empowers communities

Media Release: Old Mutual Foundation Empowers Communities Through Staff Community Builder Initiative Kamutjonga Primary School in the Mukwe Circuit Kavango East Region 2 October 2024, Windhoek – In line with Old Mutual’s vision to empower communities, the Old Mutual Foundation’s Staff Community Builder initiative continues to demonstrate impactful community support. Over the past three years (2022-2024), this flagship initiative has enabled 30 Old Mutual staff members to actively […]

October 2, 2024 12

Africa

Pan-African Youth Organization marks two decades

Pan-African Youth Organization Marks Two Decades of Empowering Young Africans to Break the Cycle of Poverty and Drive Sustainable Change Image distributed by African Media Agency on behalf of gold-youth. RWANDA, Africa, 2 October 2024 -/African Media Agency(AMA)/- From classrooms to communities, gold-youth has been unlocking the potential of Africa’s young leaders for two decades. Now, it is set to expand its impact and reshape the future of an entire continent. gold-youth […]

October 2, 2024 25

Namibia

Dr. Helena Ndume pays tribute to late NBA legend Dikembe Mutombo

Following the death of NBA Hall of Famer Dikembe Mutombo, we spoke with ophthalmologist Dr. Helena Ndume, who worked with him on different humanitarian projects. A few years back, a team of Namibian eye care professionals, led by Dr. Ndume, provided free sight-restoration surgeries during a three-day clinic at Biamba Marie Mutombo Hospital, organised at the invitation of Dikembe Mutombo. Mutombo died from brain cancer on Monday, at […]

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