FUTURE MEDIA NAMIBIA Archives - Page 222 of 448

British prime minister’s Conservative Party election manifesto emphasises border security

Conservative Party manifesto led by Prime Minister Rishi Sunak of Britain prioritizes border security to tackle illegal immigration and prevent English Channel crossings. With a record 10,448 crossings in 2024, Sunak announced deportation flights for illegal migrants starting next month, pledging to halve immigration while highlighting the importance of UK border security.

12 June, 2024

South Africa

Fatal Explosion at Quantum Foods’ Malmesbury Feed Mill In Western Cape

Quantum Foods' Malmesbury feed mill in the Western Cape has reported a fatal explosion on its premises, resulting in one death and serious injuries to two others. The cause of the explosion remains unknown, prompting an independent investigation. The company asserts that all safety protocols were followed and emergency equipment was successfully activated. Quantum Foods has committed to providing support to the affected families.

12 June, 2024

World

US Secretary of State urges Hamas to agree to ceasefire proposal, following UN Security Council vote

U.S Secretary of State, Antony Blinken says if the proposed ceasefire agreement in Gaza fails, only Hamas will be to blame. Blinken is in the Middle East discussing the proposal with regional leaders, in his eighth visit there since the war broke out. As Mitch McCann reports:

12 June, 2024

Africa

Malawi Mourns Vice-President Saulos Chilima and Others in Military Aircraft Crash

Malawi is mourning the loss of Vice-President, Saulos Chilima and nine others who died in a military aircraft crash. President Lazarus Chakwera confirmed the tragic news during a media briefing, following the discovery of the wreckage in Chikangawa Forest, Mzimba. Chilima and the others were traveling to attend the burial of former cabinet minister Ralph Kasambara. President Chakwera extended his condolences to the families and loved ones of the victims.

12 June, 2024

Business / Economics

Trustco Converts Debt to Equity, Plans $100 Million US Capital Raise

Trustco Group Holdings Limited is converting 4.4 billion Namibian Dollars of debt into equity, setting the stage for a planned $100 million US capital raise. This involves exchanging debt owed to Next Capital and Dr. Quinton van Rooyen for new Trustco shares at a premium, anticipated to enhance Trustco's net asset value by approximately 1.5 billion Namibian Dollars. Deputy CEO, Quinton Van Rooyen Junior provided insights into the development.

12 June, 2024

South Africa

Democratic Alliance In SA Endorses Leadership in Coalition Negotiations

The DA's federal council has unanimously endorsed a resolution supporting leader John Steenhuisen and the party's negotiating team in the formation of national and provincial governments. According to News24, the resolution prioritizes upholding the Constitution, ensuring stability, and promoting economic growth. Final decisions regarding coalitions and government formations will rest with the federal executive. DA spokesperson Solly Malatsi reiterated the party's dedication to working with other parties to establish stable […]

12 June, 2024

Business / Economics

12 June 2024 Morning Biz News: “Market Dynamics Shift: Vitol Divests, Rand Strengthens, Nigeria Explores LNG, Dollar Steadies”

Fair Competition Ensured as Vitol Emerald Bidco Divests from Service Stations in Namibia In a move to uphold fair competition in Namibia's fuel market, Vitol Emerald Bidco (Pty) Ltd has announced its decision to divest from 58 Engen and Shell service stations. This decision comes in the wake of its acquisition of Engen Ltd and is in compliance with conditions set by the Namibian Competition Commission. The aim behind this […]

12 June, 2024

South Africa

UN Human Rights Office warns of possible war crime violations in Gaza

The United Nations Human Rights Office has expressed concern about possible war crime violations by Israeli forces over the weekend. IDF troops raided the Nuseirat refugee camp and freed at least four hostages being held captive. It also cautioned Palestinian armed groups holding hostages near densely populated urban areas. As Jody Jacobs reports.

12 June, 2024

Namibia

ICT Minister Urges SIM Card Registration to Prevent Number Loss

ICT Minister, Emma Theofelus, has urged mobile users to register their SIM cards by June 30, 2024, to avoid permanent cancellation and resale of their numbers. Despite a grace period following temporary disconnections, many users remain unregistered. The Communications Regulatory Authority of Namibia previously suspended close to 600 thousand unregistered SIM cards. Paratus Telecommunications and UCOM have fully registered their clients, while Telecom Namibia and Mobile Telecommunications Limited have reached […]

12 June, 2024