Tonata Kadhila

Mumbai bypasses Beijing in billionaire count

Mumbai has overtaken Beijing in terms of its number of billionaires, according to a new rich list. The number of billionaires in Mumbai is now 92, compared with 91 in Beijing. Mumbai is the fastest-growing billionaire capital in the world, adding 26 in the year and taking it to third in the world and Asia's billionaire capital. New Delhi broke into the Top 10 for the first time. Rebecca Bundhun […]

26 March, 2024

South Africa

ANC loses case against the MK Party in SA Electoral Court

The South African Electoral Court has dismissed the African National Congress's attempt to prevent a new party, backed by former President Jacob Zuma, from participating in the upcoming general election. The ANC had argued that uMKhonto weSizwe had not met the criteria for official registration. According to the SABC, the country’s electoral court on Tuesday morning rejected that challenge. The ANC, according to the BBC, has said it accepts the […]

26 March, 2024

Environment

Omusati region faces severe drought crisis

Omusati Governor Erginus Endjala says the region is hard hit by extreme drought and as a result crops, livestock, and water supply have been negatively impacted.

26 March, 2024

Business / Economics

DBN’s long-term ratings steady with positive outlook

Fitch Ratings has affirmed the Development Bank of Namibia Limited's Long-Term Issuer Default Ratings at 'BB-' and its National Long-Term Rating at 'AA+, with a stable outlook. Fitch said although DBN recorded a loss of N$270 million for the 2023 financial year due to high loan impairment charges, it forecasts the bank to turn profitable. Here is economic researcher Josef Sheehama.

26 March, 2024

Namibia

Karasburg Council suspended over mismanagement

Minister of Urban and Rural Development, Erastus Uutoni, has suspended all seven councillors at the Karasburg Town Council with immediate effect due to persistent shortcomings in strategic direction, leadership, and accountability, among other reasons. The minister further accused the town council of dismissing the substantive CEO and other staff members without following due processes.

18 March, 2024

Africa

El Niño threatens Zimbabwe’s corn production

Zimbabwe has warned that farmland planted with corn has shrunk by 12% because of scorching El Niño weather patterns, threatening the nation’s food staple and potentially triggering surging prices and social unrest. We contacted Eddie Cross an economist from Zimbabwe for his comment.

14 March, 2024

Health / Medical

Namibia sees HIV reduction between 2018 and 2022

With the number of HIV cases having decreased between 2018 and 2022, the Ministry of Health and Social Services is targeting to end AIDS as a public threat in Namibia. Here is Executive Director Ben Nangombe with more.

14 March, 2024

Namibia

President Mbumba prioritises legacy projects in first SONA

President Nangolo Mbumba delivered the State of the Nation Address at Parliament this afternoon. It marked Mbumba's inaugural SONA, focusing on job creation and advancing late President Hage Geingob’s legacy projects, such as green hydrogen and oil initiatives.

14 March, 2024

World

UN aid relief chief call for action on displacement

The number of internally displaced people around the world is at a record high – well over 70 million – it’s a global crisis that needs collaborative solutions from the humanitarian community, the UN’s emergency relief chief Martin Griffiths said on Wednesday.

14 March, 2024