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

FUTURE MEDIA NAMIBIA

4363 Results / Page 266 of 485

Background
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World

U.S solider detained in Russia

U.S lawmakers say they're "deeply concerned" after an American soldier was detained in Russia. An army spokesperson confirmed on Monday that the man — who's unnamed — was apprehended last week in the far east of the country "on charges of criminal misconduct." Benji Hyer reports.  

todayMay 7, 2024 23

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South Africa

Eskom Sues City Power for Over One Billion Rand Debt

Eskom is heading to the High Court in Johannesburg, escalating a dispute over a debt exceeding one billion rand owed by City Power. Unpaid invoices stretching back to October last year have compelled Eskom to pursue legal action for a declaratory order. City Power, on the other hand, challenges possible overbilling claims dating back to 2021. With the court date set for June 4th, Eskom's spokesperson, Amanda Qithi, warns that […]

todayMay 7, 2024 9

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Namibia

Namibian Competition Commission Imposes Over N$13 Million Fines on Collusive Insurance Companies

The Namibian Competition Commission has fined insurance companies N$13.1 million for collusive practices. The first investigation revealed collusion in setting fixed prices for panel beating services, while the second uncovered restrictive agreements with windscreen retailers. This information comes from Dina //Gowases, Corporate Communications Practitioner at the NaCC.  

todayMay 7, 2024 55

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World

Hamas agrees to a Gaza ceasefire proposal

The United States and Israel say they are "reviewing" and "discussing" their respective responses to news that Hamas has approved a ceasefire for Gaza. Hamas has agreed to a deal, put forward by Qatari and Egyptian mediators — but its contents are not fully known, and Israel is yet to officially accept the terms. This breakthrough comes at a pivotal time, just as Israel prepares for a full-scale incursion in […]

todayMay 7, 2024 30

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Business / Economics

7 May 2024 Morning Biz News: RWCo GmbH Remains Determined in Ohorongo Cement Acquisition Despite Regulatory Hurdles

In the intricate world of business acquisitions, perseverance often defines success. RWCo GmbH, despite facing setbacks in its bid to acquire Ohorongo Cement for a staggering N$2 billion, continues to press forward with determination. The journey has been fraught with challenges, particularly concerning regulatory issues, including complications with the Namibian Competition Commission. However, recent developments indicate that RWCo GmbH remains undeterred in its pursuit. According to insights from The Brief, […]

todayMay 7, 2024 26

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Business / Economics

EXCLUSIVE: Independent Business And Economics Researcher, Josef Kefas Sheehama on Shell’s Potential Departure from South Africa: Implications and Opportunities

As the global economic landscape continues to shift, recent developments have put South Africa and its neighboring countries on high alert. Josef Kefas Sheehama, an Independent Business and Economics Researcher, sheds light on the imminent withdrawal of Shell from South Africa after a remarkable 122-year presence. In a recent interview, Sheehama outlined the potential repercussions and highlighted opportunities for South Africa and Namibia amidst this transition. Sheehama emphasizes the magnitude […]

todayMay 7, 2024 34

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Namibia

Institute for Public Policy Research ‘s Integrity Namibia Project Hosts Regional Anti-Corruption Conference in Luderitz

The Institute for Public Policy Research is launching the third regional anti-corruption conference today in Luderitz as part of its Integrity Namibia project. This initiative aims to establish a nationwide network of non-state actors dedicated to combating corruption in Namibia. The project plans to organize four regional conferences and one national conference by 2025. Here's director-Graham Hopwood.  

todayMay 7, 2024 36

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South Africa

Tragedy Strikes: Two Dead, Dozens Trapped in George Building Collapse In Western Cape

Following the collapse of a five-story building under construction along Victoria Street in George, Western Cape, two fatalities have been confirmed. Seventy-five construction workers were present during the incident yesterday afternoon. George Municipality reports that 22 individuals have been rescued and transported to hospitals, with two casualties. A massive rescue operation involving various disaster service units, including police search and rescue teams with sniffer dogs, is underway to extricate the […]

todayMay 7, 2024 6

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