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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

FUTURE MEDIA NAMIBIA

4363 Results / Page 168 of 485

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Africa

Cameroon President Secures Delay of Parliamentary and Local Elections to 2026

Cameroonian President Paul Biya obtained approval from lawmakers on Tuesday to postpone parliamentary and local elections until 2026, a move that opposition parties fear could hinder their ability to challenge in next year's presidential election- according to Reuters. The bill to extend the mandate by a year to March 2026 was supported by lawmakers from Biya's Cameroon People's Democratic Movement, which holds a majority in the National Assembly.

todayJuly 10, 2024 19

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South Africa

South African Petroleum Industry Calls for Investment in Refineries for Clean Fuels Program

  The South African Petroleum Industry Association has reiterated the need for capital investment in local refineries to meet the second clean fuels program by 2027. During a media roundtable, Sapia head of strategy Kevin Baart emphasized that current price structures are insufficient to fund these necessary investments. Baart assured that the industry has managed supply risks effectively for 18 years and highlighted the importance of cleaner fuels and emission […]

todayJuly 10, 2024 37

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Africa

Nigeria’s NNPC Seeks $2 Billion Oil-Backed Loan to Strengthen Finances

Nigeria's state-backed oil company, the Nigerian National Petroleum Corporation, is negotiating another oil-backed loan to enhance its finances and support business investments, its chief executive told Reuters. The NNPC aims to raise at least $2 billion, according to sources familiar with the matter, as the company faces increasing economic pressure.

todayJuly 10, 2024 9

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Business / Economics

Mines Ministry Launches Training for Customs Officials to Boost Mining Revenue Collection

The Mines and Energy Ministry, in collaboration with the Revenue Agency, launched a two-week training program for Customs Officials overseeing the mining industry at border points and conducting tax audits on minerals. Sponsored by UNDP, the training, held at Mercure Hotel, aims to enhance revenue collection and compliance in the extractive industry through the SDGs taxation framework. Executive Director of MME, Penda Ithindi.  

todayJuly 10, 2024 32

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Business / Economics

10 July 2024 Morning Biz News: Economic Insights: Namibia’s Inflation Trends, Currency Movements, and Market Dynamics

Namibia's Inflation Rates Vary Across Regions Amid Nationwide Slowdown The Namibia Statistics Agency recently reported a nationwide slowdown in inflation for June 2024, revealing a varied landscape across the country's three designated zones. While the national average reflects a general easing of inflationary pressures, Zone 1, comprising the Northern regions, and Zone 2, which includes only the Khomas region, experienced slightly higher inflation rates at 4.8%, surpassing the national average. […]

todayJuly 10, 2024 22

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Business / Economics

Transnet Suspends Operations at Several South African Ports Due to Severe Weather

South Africa's logistics firm Transnet announced on Tuesday that it had suspended operations at some ports due to strong winds and waves affecting parts of the country. According to Reuters, the coastal regions, particularly the Western Cape, have faced disruptive rains and violent winds since Sunday. Transnet, already dealing with port backlogs from under-investment in equipment and maintenance, said operations at four of its seven ports—Cape Town, Saldanha, Port Elizabeth, […]

todayJuly 10, 2024 8

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