Tonata Kadhila, Author at Future Media News

South Africa pushes back on U.S. 30% tariff, faces AGOA threat

South African President Cyril Ramaphosa and U.S. President Donald Trump Pretoria, South Africa — President Cyril Ramaphosa on Tuesday denounced the United States’ decision to impose a 30% reciprocal tariff on South African exports, calling it a “contested interpretation” of trade data and warning that it misrepresents existing trade relations. South Africa’s data shows that 56% of all imports enter under zero-rated most-favoured-nation tariffs, while 77% of American goods enter […]

8 July, 2025

Namibia

Tour operators criticise poor national park maintenance as tourism image suffers

Dune 7 Photo: Trip Advisor Swakopmund - Tour operators have raised serious concerns over the deteriorating state of public facilities at national parks, warning that poor maintenance is damaging the country’s international tourism reputation. Their criticism came during a stakeholder meeting held in Swakopmund, where industry professionals voiced frustration at broken and unhygienic amenities at popular destinations like Etosha National Park and Dune 7. The Namibia Press Agency reports that […]

8 July, 2025

Business / Economics

Trade surplus signals turnaround for local economy

Port of Walvis Bay The trade sector swung dramatically into positive territory in May, posting a surplus of N$121 million, the first surplus in nearly five years and a strong reversal from April’s N$1.8 billion deficit. Simonis Storm Economist Almandro Jansen attributes this turnaround to a sharp rebound in mining exports coupled with subdued fuel imports, a combo he says indicates increasing stability in the country’s external trade. […]

8 July, 2025

Local

Catwalk for a Cause raises N$60,000 for local charities in a ‘Glamorous Night of Fashion and Giving’

Swakopmund, Namibia — Glamour met generosity as Catwalk for a Cause lit up the Swakopmund Hotel and Entertainment Centre on Saturday, 17 May 2025, for a powerful evening of fashion and fundraising. More than just a showcase of couture, the event united the fashion community, philanthropists, and changemakers in support of six impactful charities, raising an impressive N$60,000, with each organisation receiving N$10,000. This year’s event, organised by a passionate […]

8 July, 2025

Business / Economics

Yinson Production secures project bond to refinance FPSO Maria Quitéria

Singapore, 1 July 2025 –Yinson Production announced that it had successfully placed US$1.168 billion 144A/Reg S senior secured notes issued by its unit Yinson Bergenia Production B.V., which owns the floating production, storage, and offloading vessel FPSO Maria Quitéria. The FPSO currently operates under a 22.5-year lease and an operating contract with Petrobras in the Jubarte field, offshore Brazil. The notes are fully amortising with a final maturity […]

2 July, 2025

Namibia

National cricket stadium nears completion ahead of 2027 World Cup

The National Cricket Stadium, a state-of-the-art N$85 million project launched in March 2023, is rapidly approaching completion, with finishing touches scheduled to wrap up by the end of August, according to Cricket Namibia CEO Johan Muller. The facility, located next to the Hage Geingob Rugby Stadium, will host both the 2026 ICC Under‑19 Men’s World Cup and the 2027 ICC Men’s Cricket World Cup, which Namibia will co‑host with […]

1 July, 2025

Africa

Botswana’s settles case with Bridgette Motsepe

Botswana’s government and businesswoman Bridgette Motsepe have reached a High Court–backed settlement to resolve the long-running “Butterfly” case. The agreement includes a formal apology from the state and the withdrawal of previously filed fraud, corruption, and money-laundering claims. The settlement, mediated through a court consent order, follows an investigation by Cherie Blair’s Omnia Strategy law firm, which found no evidence supporting the allegations. According to Daily Maverick, as part […]

1 July, 2025

South Africa

South Africa’s DA prepares no confidence motion against President Ramaphosa

DA federal council chairperson Helen Zille The Democratic Alliance (DA) has revealed it is prepared to table a motion of no-confidence against President Cyril Ramaphosa after he dismisses DA deputy minister Andrew Whitfield for taking an unauthorised trip to the United States. DA federal council chairperson Helen Zille told reporters this “nuclear option” could potentially bring down the government if pursued—and if parliamentary support materialises. According to the SABC, Zille characterised Whitfield’s […]

1 July, 2025

Business / Economics

Namibia eyes intra-Africa trade growth through increased exports

Following Namibia having launched its first export consignment under the African Continental Free Trade Area (AfCFTA) from Walvis Bay, the nation is now officially open for intra-African trade—granting access to a market of over 1.3 billion consumers. Minister Selma Ashipala‑Musavyi handed over the trading certificate during the ceremony, marking Namibia's readiness to engage in one of Africa’s largest trade pacts. Managing Director of High Economic Intelligence, Salomo Hei, welcomed the development […]

1 July, 2025