Tonata Kadhila, Author at Future Media News

Harold Pupkewitz Graduate School of Business achieves BGA bronze membership

The Harold Pupkewitz Graduate School of Business members. Windhoek, Namibia – The Harold Pupkewitz Graduate School of Business (HP-GSB), part of the Namibia University of Science and Technology (NUST), has proudly announced its Bronze Membership with the prestigious Business Graduates Association (BGA), making HP-GSB the first and only business school in Namibia to receive this international recognition. The announcement was made during a press conference held today at […]

17 October, 2024

Namibia

Seal Hunt: RDP’s plan vs Ecologist’s concerns

At their manifesto launch in Ongwediva, the Rally for Democracy and Progress suggested reducing the seal population by half if elected. RDP presidential candidate Mike Kavekotora claimed this would double fisheries revenue and create 40,000 jobs. Ecologist Peter Cuningham reacts to the proposal. According to the Ministry of Fisheries and Marine Resources, the seal population stands at 1.6 million and is made up of 26 colonies. Moreover, the […]

16 October, 2024

Namibia

Namibia needs N$25 billion for water security

Namibia needs N$25 billion over the next decade to fulfill water-security requirements, water minister, Calle Schlettwein said. Schlettwein said at a conference in Cairo that the country also needs N$10 billion to secure bulk water supply until 2037, with operating costs expected to rise at about 5% to 6% annually.

16 October, 2024

Africa

Zimbabwe’s Mnangagwa reassigns key ministers

Zimbabwe’s President Emmerson Mnangagwa has re-assigned his foreign affairs and higher education ministers to new posts with immediate effect. According to Bloomber, Frederick Shava, formerly the foreign affairs minister, was named higher education minister, Martin Rushwaya, the chief secretary to the president and cabinet, said in an emailed statement on Tuesday. Shava succeeds Amon Murwira, who has been appointed as the new foreign affairs minister. Shava, who previously served as Zimbabwe's ambassador to […]

16 October, 2024

Africa

Angola extends cash tranfer for low-income families

Angola will extend a cash-transfer program for low-income families as a weaker currency and sky-high inflation continue to drive up living costs in the oil-producing country. Bloomberg reports the Kwenda program will run until 2029, following the recent approval by the World Bank of an additional $400 million loan, President João Lourenço said in a speech Tuesday. The project, the first of its kind in Angola, began in 2020 to […]

16 October, 2024

Business / Economics

Bank of Namibia reduces repo rate to 7.25%, offering relief to consumers

The Bank of Namibia has announced a 25 basis point reduction in the repo rate, bringing it down to 7.25 percent. This decision follows an extensive review of domestic, regional, and global economic conditions. Speaking at the monetary policy announcement, BoN Governor Johannes !Gawaxab emphasized the need to moderate monetary restrictions due to slowing economic growth and declining inflation. "Domestic economic activity rose during the first eight months of 2024, […]

16 October, 2024

Namibia

Electoral Commission of Namibia confirms 2024 election candidates

The Electoral Commission of Namibia (ECN) held a public meeting on Wednesday to formally receive nominations for candidates and political parties contesting the 2024 Presidential and National Assembly elections. The final list of candidates will be made public on Thursday, 17 October 2024, according to ECN Commissioner Dr. Emmerencia Leonard. In a developing situation, the ECN has granted independent candidates an additional 24 hours to submit the required number […]

16 October, 2024

Africa

17 African countries to send satellites into orbit

Falling launch costs have given African countries a chance to send their satellites into orbit. The BBC reports that to date, a total of 17 African countries have put more than 60 satellites into orbit and, along with Senegal, both Djibouti and Zimbabwe have also watched their first satellites become operational during the past 12 months.

15 October, 2024

Business / Economics

Ojoma Ochai talks innovation during Namibia visit

Co-Creation Hub is helping Africa move towards a future of innovation and growth by using technology in different sectors. The hub also supports creative entrepreneurs with programs to prepare for investment, build ecosystems, and conduct research. The hub’s Managing Director, Ojoma Ochai talks about her visit to Namibia.

15 October, 2024