insert_link Business / Economics 31 October 2024: Navigating Economic Shifts: Key Financial Updates from Namibia and Beyond In recent developments, Finance Minister, Ipumbu Shiimi, has announced an extension of the country’s tax amnesty programme, now set to conclude on October 31, 2026. During his mid-term budget review presented in Parliament, Shiimi highlighted the overwhelming requests from various sectors to prolong this programme, which allows taxpayers to settle their full tax debts without incurring penalties or interest. This initiative is designed to enhance tax compliance and boost government […] todayOctober 31, 2024 18
insert_link Namibia Government Boosts Social Assistance As Activists React In response to the growing demand for social support, the government has earmarked an additional N$139 million to broaden the reach of the monthly Conditional Basic Income Grant of N$600 for more urban beneficiaries. Moreover, N$117.8 million has been allocated to the Poverty Eradication and Social Welfare arm of government to ensure continued coverage of Old Age Social Grants for senior citizens. Activist Rinaani Musutua: todayOctober 31, 2024 21
insert_link Business / Economics South Africa nears compliance with the Financial Action Task Force’s financial crime requirements South Africa is close to meeting the Financial Action Task Force's requirements to combat financial crimes like money laundering and terrorism financing. In his first medium-term budget policy statement for the seventh administration, Finance minister Enoch Godongwana said only six items remain to be addressed by February next year, with 16 of the 22 requirements already fully or mostly completed: todayOctober 31, 2024 17
insert_link Africa Nigeria’s Dangote Oil Refinery Holds 500 Million Litres of Petrol Nigeria's Dangote oil refinery possesses a reserve of 500 million litres of petrol, according to its billionaire founder, refuting assertions from marketers that they require additional imports to address fuel shortages. CNBCAfrica indicates that, in response to the situation, Nigeria's President, Bola Tinubu, convened a meeting on Tuesday in Abuja with oil regulators, the head of the state-owned NNPC, the finance minister, and Aliko Dangote. todayOctober 31, 2024 8
insert_link World Kamala Harris promises to be a President ‘for all Americans’. US Vice-President Kamala Harris and former President Donald Trump are hot on each other's heels today, campaigning in the same battleground states with less than a week to go until polls close. The White House hopefuls will both be in Wisconsin and North Carolina, having laid out their 'closing arguments' to the American people in past days. Benji Hyer reports. todayOctober 31, 2024 24
insert_link Africa U.S Reiterates Support for Nigeria’s Clamor for U.N Security Council Membership The United States has again reiterated its support to Nigeria's call for inclusion in the membership of the United Nations Security Council. Tesem Akende reports. todayOctober 31, 2024 13
insert_link World UK Labour Government Unveils Budget with Tax Increases and Expanded Borrowing todayOctober 31, 2024 26
insert_link Namibia LPM’s Mootu Criticizes Mid-Term Budget as “Missed Opportunity” Utaara Mootu of the Landless People's Movement criticized the mid-term budget, calling it insufficient for addressing the nation's pressing economic and social issues. She raised concerns about delayed unemployment data, claiming it leaves voters uninformed. Mootu emphasized that housing, education, agriculture, electrification, and SME support require urgent, transformative action rather than continued promises. She concluded by urging the government to prioritize meaningful reforms that provide justice and dignity to citizens. […] todayOctober 31, 2024 18
insert_link World US VP Harris last push to voters in DC address Kamala Harris has framed Donald Trump as a threat to democracy in a major speech in the heart of the nation's capital. On Tuesday night, the US Vice-President delivered her 'closing argument' to voters at the Ellipse, a site next to the White House where then President Trump addressed a mob of his supporters before they launched a deadly riot on Congress in an attempt to overturn the outcome […] todayOctober 30, 2024 20