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

FUTURE MEDIA NAMIBIA

4363 Results / Page 297 of 485

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Business / Economics

16 April 2024 Morning Biz News: Sanlam Namibia Assets Soar to N$4.6 Billion in 2023 Amidst Positive Growth Projections

Sanlam Namibia, a leading insurance provider, has reported substantial growth in its assets, reaching N$4.6 billion in 2023, representing a N$500 million increase compared to the previous year's figures. This notable expansion underscores the company's resilience and strategic positioning in the market. Moreover, Sanlam Namibia anticipates further growth, with expectations to disburse nearly N$22 billion in policy liabilities in the near future, reflecting confidence in its operational capabilities and market […]

todayApril 16, 2024 34

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Interview Transcripts

EXCLUSIVE INTERVIEW: Expert Analysis on Rising Cost of Living: A Conversation with Professor Basilius Kasera

  In a recent discussion, Professor Basilius Kasera from the University of Namibia sheds light on the pressing issue of rising prices and its implications on the lives of ordinary citizens. The conversation delves into various aspects of the current economic landscape, providing valuable insights into the challenges faced by individuals and families in meeting their basic needs amidst increasing costs. Professor Kasera begins by highlighting the lack of effective […]

todayApril 16, 2024 14

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Business / Economics

S.A’s Central Energy Fund’s mid-month data predicts petrol prices to increase for the fourth consecutive month in May

S.A's Central Energy Fund's mid-month data predicts petrol prices to increase for the fourth consecutive month in May, with an anticipated under-recovery of around 30-cents-per-litre. However, diesel prices are expected to decrease, with an over-recovery of approximately 28-cents-per-litre. The anticipated increase sees 93 octane petrol rising by 30-cents-per-litre and 95 octane by 31-cents-per-litre. Meanwhile, diesel wholesale is expected to have a decrease of 26 to 31-cents-per-litre

todayApril 16, 2024 12

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South Africa

Congress of Traditional Leaders of South Africa says initiation schools will not operate before the elections on 29 May

The Congress of Traditional Leaders of South Africa has announced initiation schools will not operate before the elections on 29 May. CONTRALESA’s president, Kgoshi Lameck Mokoena, told the media initiates will have time to vote, as there are no special provisions for them. Mokoena also said law enforcement officials are on high alert to prevent any schools from operating prematurely. He urges parents to seek permits for initiation schools and […]

todayApril 16, 2024 42

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Namibia

Housing Project by Former Businessman-Turned-Activist Faces Scrutiny Over Delays and Refund Demands

Former businessman turned activist Michael Amushelelo has acknowledged that several clients of his 'affordable housing project' are now seeking refunds due to significant delays. Amushelelo had launched a housing initiative in Brakwater back in 2021, aiming to provide 150 unserviced plots and affordable homes for middle-income earners struggling to secure home loans. However, what was initially a promising endeavor has evolved into a disappointment for many, as the project has […]

todayApril 16, 2024 18

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World

IAEA concerned about a nuclear disaster in Ukraine

The International Atomic Energy Agency says the world is getting dangerously close to a nuclear accident. The warning comes after several drone attacks on the Zaporizhzhia Nuclear Power Plant in southeastern Ukraine. Speaking at the UN Security Council on Monday, Rafael Mariano Grossi, the Director General of the IAEA said everything must be done to minimize the risk of an accident. He says these "reckless attacks" must cease immediately.  

todayApril 16, 2024 17

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South Africa

ANC president Cyril Ramaphosa says government is addressing electricity challenges in Orange Farm

ANC president Cyril Ramaphosa says government is addressing electricity challenges in Orange Farm, south of Johannesburg. He was campaigning in the area yesterday. Last year, the provincial government launched its multimillion-rand power transformer replacement programme as an important service delivery initiative. Transformers in some of the townships explode or malfunction due to illegal connections and overload flowing from high demand. Ramaphosa says progress has been made in installing or replacing […]

todayApril 15, 2024 27

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Namibia

Fatal Accident Claims Life of 62-Year-Old Namibian Man in Olukonda Constituency

A tragic incident occurred at Omanoakambungu village in the Oshikoto region's Olukonda constituency, resulting in the immediate death of a 62-year-old Namibian man who lost control of the vehicle he was driving. Deputy Commissioner Titus Ekandjo, the Namibian Police Force Oshikoto Regional Crime Investigation Coordinator says the deceased, identified as Uukelo Tomas from Onakandi village in the Oshipala area, was driving a white Toyota double cab pick-up with a WIndhoek […]

todayApril 15, 2024 21

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