insert_link Business / Economics Namfisa CEO advises public to learn and understand FIMA for better dialogue CEO of the Namibia Financial Institutions Supervisory Authority, Kenneth Matomola has urged the public to familiarise themselves with the Financial Institutions and Market Act to enable informed discussions with his office regarding sections they may not fully understand. FIMA brings together different laws to create a framework for overseeing and regulating financial intermediaries, pension funds, insurers, and other non-banking financial institutions. todaySeptember 2, 2024 42
insert_link World Netanyahu vows retribution amid ceasefire demands Hundreds of thousands of protesters filled the streets of Israel for a second consecutive day, with the country nearly coming to a standstill due to a general strike on Monday. The strike was organised to demand a ceasefire-for-hostages deal, as the largest labor union warned that the “entire Israeli economy will shut down.” According to CNN, the demonstrations followed the recovery of six hostages’ bodies by Israeli forces in Gaza […] todaySeptember 2, 2024 15
insert_link Business / Economics FIMA’s Zamuee reacts to South Africa’s new retirement system South Africa’s new two-pot retirement system is now officially operational, with administrators anticipating a significant influx of withdrawal requests from pension fund members. Dr. Manfred Zamuee, Chairperson of the Financial Institutions and Markets Act Technical Advisory Committee, has responded to the development, highlighting its implications. Public suggestions have also emerged advocating for Namibia to adopt a similar two-pot retirement system. Dr. Zamuee said that these suggestions, alongside other proposals and […] todaySeptember 2, 2024 58
insert_link Business / Economics State of the Namibian Economy 2024 reveals lack of public sector reform Economist Robin Sherbourne has stressed that good governance and well-crafted policies are more crucial for a country’s long-term economic success than natural resources or the size of its population. Speaking in his recent analysis, Sherbourne argued that the foundation of sustainable economic growth lies in the strength of a nation’s institutions and the effectiveness of its policies. In the same report titled "State of the Namibian Economy 2024," Sherbourne […] todaySeptember 2, 2024 40
insert_link Africa Africa records nearly 1 million new cancer cases annually The CEO of the Cancer Association of Namibia, Rolf Hansen, is attending the 74th Session of the World Health Organisation Regional Committee for Africa in Congo Brazzaville. Hansen highlighted the urgent cancer crisis in the region, noting that over 900,000 new cancer cases and 586,000 cancer deaths occur annually in Africa. In response, the UICC community has welcomed the proposed framework as a crucial step forward. To maximize […] todayAugust 29, 2024 18
insert_link Namibia Late release of political party manifestos risks voter confusion Following the release of a media monitoring report on election coverage by the Office of the Media Ombudsman on Wednesday, 28 August 2024, Dr. Wanja Njuguna, a Senior Lecturer in the Department of Journalism and Media Technology at the Namibia University of Science and Technology (NUST), raised concerns about the timing of political party manifestos. She pointed out that releasing these documents late in the election cycle could negatively impact […] todayAugust 29, 2024 86
insert_link World EU foreign ministers meet in Brussels European foreign ministers are meeting in Brussels today, kicking off key discussions as the EU returns from its summer break. This meeting was supposed to happen in Budapest, but the EU boycotted it due to frustrations with Hungary's Prime Minister Viktor Orbán's self-declared "Peace Mission" earlier this year. Pablo Gutierrez reports. todayAugust 29, 2024 45
insert_link Health / Medical WHO calls for greater access to assistive tech As the 2024 Paralympic games get underway in Paris, the head of the World Health Organisation has urged greater access to the so-called assisted technology that many people with disabilities rely on. WHO director-general, Tedros Adhanom Ghebreyesus said that the devices which include running blades, wheelchairs, and prosthetic limbs are important for the Paralympians. However, around the world, many still do not have access to these technologies due to the […] todayAugust 29, 2024 20
insert_link Business / Economics New Bank of Namibia bonds expected to improve financial access The Bank of Namibia is preparing to introduce the country’s first retail bonds, allowing low to medium-income earners to invest in government debt. According to Max Rix, Head of Investments at Simonis Storm Securities, this initiative could broaden financial inclusion and promote financial literacy among Namibians. todayAugust 29, 2024 97