insert_link Namibia Cabinet Directs Collaboration for Electoral Act Amendment on Public Servant Resignations Cabinet has instructed the Ministry of Urban and Rural Development to collaborate with the Ministry of Justice in revising Section 77 (4) (a) of the Electoral Act. Minister of Information and Communication Technology, Emma Theofelus, announced this directive, emphasizing that the amendment aims to clarify the process of public servants resigning upon election or nomination to the National Assembly and regional councils. The proposed amendment seeks to establish clear legal […] todayApril 12, 2024 13
insert_link World South Korean president Yoon Suk Yeol vows to reform state after election loss South Korean president Yoon Suk Yeol is vowing to reform state affairs following his party’s crushing parliamentary election defeat on Wednesday. The ruling PPP’s loss to the opposition Democratic Party is seen as a major blow to Yoon’s administration. Chris Gilbert reports. todayApril 12, 2024 7
insert_link Namibia Vice President Addresses Severe Drought Concerns, Pledges Mitigation Efforts Vice President Netumbo Nandi-Ndaitwah underscores the Namibian government's commitment to devising strategies to alleviate the impact of the ongoing drought. Speaking at a Swapo Party central committee meeting, she expressed deep concern over the lack of significant rainfall, highlighting the imminent threat to both people and livestock. With poor rainfall projections, Namibia anticipates a dire agricultural harvest, mirroring challenges faced by neighboring SADC countries like Malawi, Zambia, and Zimbabwe, which […] todayApril 12, 2024 8
insert_link South Africa Ratings Afrika’s recent report has shed some light on the financial struggles faced by South Africa’s municipalities Ratings Afrika's recent report has shed some light on the financial struggles faced by South Africa's municipalities, attributing these challenges to weak governance. The report underscores the persistent issues surrounding financial sustainability, which in turn lead to inadequate service delivery for a significant portion of the population. The organisation's analyst Leon Claassen raised concerns about the potential for certain municipalities to become dysfunctional if these issues are not addressed effectively: […] todayApril 12, 2024 12
insert_link World FBI warns of coordinated attack on US, following Moscow concert hall killings The FBI is warning of a possible coordinated attack on the United States. It comes in the wake of an attack in Russia, with ISIS gunmen killing at least 144 people at a concert venue last month. Nick Harper reports from New York. todayApril 12, 2024 10
insert_link South Africa South African city of Ekurhuleni’s New Mayor Prioritizes Sustainable Basic Services Nkosindiphile Xhakaza, the recently elected mayor of the South African city of Ekurhuleni, emphasizes that his primary focus is ensuring the consistent provision of essential services throughout the metro. He takes office as the fourth mayor in less than four years, succeeding Sivuyile Ngodwana of the African Independent Congress, who was ousted in a vote of no confidence last month. Xhakaza, representing the ANC, expresses confidence in his ability to […] todayApril 12, 2024 13
insert_link World UNSC again calls on Russia to stop the war in Ukraine United Nations Security Council members have criticised Russia's ongoing war in Ukraine. The Council met on Thursday following Moscow's destruction of the largest power-generating plant in Ukraine's Kyiv region in a missile attack. Jody Jacobs reports from the United Nations in New York. todayApril 12, 2024 23
insert_link Business / Economics 12 April 2024 Morning Biz News: GIPF’s ESG Investments, WeBuyCars IPO, Oil Price Surge, and Currency & Commodity Updates GIPF Ventures into ESG Investments: The Government Institutions Pension Fund (GIPF) is diversifying its investment portfolio by exploring opportunities in Environmental, Social, and Governance (ESG) sectors. With a focus on sustainable development, GIPF aims to collaborate with fund managers whose policies align with ESG principles. Targeting initiatives like SDG Namibia One and green climate fund managers, GIPF emphasizes its commitment to responsible investing. WeBuyCars Makes Splash on JSE: South African […] todayApril 12, 2024 17
insert_link Namibia Government Raises Income Tax Threshold, Boosting Construction Workers’ Finances The Namibian Building Workers Pension Fund is upbeat about the government's decision to raise income tax thresholds. Notably, the individual income tax threshold has been doubled from N$50,000 to N$100,000. This means many construction sector workers will be exempt from paying individual income tax. Enwich Kazondu, Executive Principal Officer of the Fund. todayApril 12, 2024 56
