insert_link South Africa SA’s IFP Deputy President Criticizes 2024 Budget Speech as Political Maneuver Ahead of Elections Inkosi Buthelezi, the deputy president of the Inkatha Freedom Party, has characterized the 2024 budget speech as a political stunt in anticipation of the elections. Expressing disappointment with the economy's downturn and the underperformance of various departments despite allocated funds, Buthelezi voiced concerns about the government's plan to utilize 150 billion rand from the Gold and Foreign Exchange Contingency Reserve Account due to lower-than-expected growth and a revenue shortfall. todayFebruary 22, 2024 2
insert_link World UK Sanctions Russian Prison Officials Over Navalny’s Death The UK has announced sanctions against Russian prison officials in connection with the death of jailed opposition figure Alexei Navalny. The British Foreign Office says the UK is the first country to impose sanctions in response to the death of Navalny last week. Simon Gaitán reports. todayFebruary 22, 2024 2
insert_link Business / Economics Driving Economic Transformation: Namibia’s Strategic Moves, South Africa’s Inflation Trends, and Global Financial Indicators In the dynamic landscape of global economics, strategic initiatives play a pivotal role in shaping the future prosperity of nations. In this article, we delve into three key developments that are currently influencing economic dynamics: Namibia's focus on dry ports and railway upgrades, South Africa's inflation trends, and the latest global financial indicators. Namibia's Economic Transformation: Analysts are highlighting the transformative potential of prompt execution of dry ports and […] todayFebruary 22, 2024 12
insert_link South Africa South African Finance Minister Acknowledges Load-Shedding Impact, Advocates Energy Sector Reforms in Budget SA Finance Minister Enoch Godongwana addresses the critical issue of load-shedding, recognizing its widespread impact on South Africans, disrupting production, operations, and livelihoods. During the delivery of the last budget of the 6th administration, Godongwana emphasizes the need for energy sector reforms to ensure long-term energy security. todayFebruary 22, 2024 7
insert_link Namibia Late President Hage Geingob to Rest at Heroes’ Acre Mausoleum The late President Hage Geingob will be laid to rest on Sunday in one of the specially reserved rooms for presidents at Heroes' Acre, according to a senior government source who confirmed this information. The mausoleums at Heroes' Acre were constructed to align with international standards for honoring national heroes and heroines, as explained by Salomon April, the current governor of the Hardap region and former director of the National […] todayFebruary 22, 2024 22
insert_link Health / Medical Oshikoto Region Faces Malaria Outbreak, Urges Early Treatment The Director of the Ministry of Health and Social Services in the Oshikoto Region, Joshua Nghipangelwa, has urged community members to seek early treatment amidst a growing outbreak of malaria. Nghipangelwa reported 256 malaria cases between January 2024 and 18 February 2024, surpassing epidemic thresholds. Nghipangelwa stated that the regional rapid response team and the district response team have initiated actions to address the outbreak. The teams have conducted investigations, […] todayFebruary 21, 2024 29
insert_link South Africa ActionSA Gears Up for Election with Extensive Nationwide Expansion ActionSA's National Chairperson, Michael Beaumont, declares that the party has diligently established structures in all nine provinces over the past two years. With branches now present in over 45% of the country's wards, Beaumont asserts the party's readiness for the upcoming election. Emphasizing their determination, he states that ActionSA is steadfast in its goal to remove the ANC from office. The extensive groundwork and broad presence in communities signify a […] todayFebruary 21, 2024 3
insert_link World Indian Court quashes local mayoral poll results over allegations of tampering in favour of ruling BJP A day after the Indian Supreme Court set aside a local election result that saw Prime Minister Narendra Modi's party win, opposition leaders have welcomed the ruling. They say democracy has been saved. The court declared an opposition candidate as the winner, in an unusual hearing where votes were counted in front of the judges. Priyata Brajabasi has more. todayFebruary 21, 2024 6
insert_link Business / Economics 21st February 2024 Morning Biz News: Global Financial Snapshot: Namibia Faces Grey Listing, South Africa’s Unemployment Rises, Oil Prices Recover, and Currency Markets Shift In the realm of global finance, Namibia finds itself on the brink of grey listing due to non-compliance with international anti-money laundering standards. Despite Finance Minister Iipumbu Shiimi's reassurance that Namibia passed the technical compliance test, progress in five out of 11 effectiveness test outcomes signals a potential challenge. Out of 72 action items, 59 have been successfully addressed, leaving 13 unresolved. South Africa, on the other hand, experiences […] todayFebruary 21, 2024 10
