insert_link Business / Economics 14 August 2024 Morning Biz News: Namibia Keeps Repo Rate Steady? , South Africa Sees Surge in Project Announcements, Dollar Weakens, and Oil Prices Climb Bank of Namibia Expected to Maintain Repo Rate Analysts are predicting that the Bank of Namibia will keep the repo rate steady at 7.75% during its upcoming Monetary Policy Committee meeting on Wednesday. This decision would mark the third consecutive meeting where the rate remains unchanged, following similar outcomes in April and June. The move reflects ongoing stability in the financial sector as the bank continues to navigate economic […] todayAugust 14, 2024 10
insert_link Namibia INTERVIEW: Shaun Gariseb Criticizes /Khomas Regional Governor for Lack of Action on Key Issues Shaun Gariseb of the Katutura Residents Committee has voiced strong criticism against /Khomas Regional Governor Laura McLeod-Katjirua, highlighting the pressing issues facing the residents of Windhoek and the broader /Khomas region. Speaking on the current situation, Gariseb pointed out the severe impact of municipal mismanagement, including escalating debt and inadequate access to essential services like water and electricity. Gariseb emphasized that despite the governor’s role in management council […] todayAugust 14, 2024 9
insert_link Africa Sierra Leone’s president pleads with the United Nations Security Council for reform Sierra Leone's president Julius Maada Bio has pleaded with the United Nations Security Council for reform. Chairing a session on addressing the historical injustice, he advocated for Africa’s permanent membership to enhance the council's effectiveness. Bio highlighted the need for increased African representation for maintaining international peace and security: todayAugust 14, 2024 5
insert_link World UN Security Council amidst continuing tensions in the Middle East The United Nations Security Council convened yet another urgent meeting on the situation in Gaza. Algeria requested the meeting after another Israeli airstrike last weekend on a school housing hundreds of Palestinians. With an update for us, here's Jody Jacobs reporting from the United Nations in New York. todayAugust 14, 2024 5
insert_link Namibia Local Digital Expert Talks Cyber Security As A Major Concerns As Elections Approach As elections approach, cyber security is increasingly crucial worldwide, including Namibia, according to local digital expert Nrupesh Soni. Recent incidents in the United States highlight the urgent need for robust digital defenses during election periods. todayAugust 14, 2024 26
insert_link Namibia Namibia Urges UN Security Council Reform for Greater Representation The International Relations and Cooperation minister, Peya Mushelenga, reiterated the nation's long-standing call for UN Security Council reform, emphasizing the need for a more representative and inclusive council. Speaking at a high-level debate in New York, Mushelenga highlighted Namibia's historical struggle for justice and the inadequacies of the current council structure. He urged that the composition of the council be adjusted to reflect present-day realities, building on the legacy of […] todayAugust 14, 2024 9
insert_link South Africa Build One South Africa Labels Job Crisis Critical And Outlines Five-Year Plan for Job Creation Build One South Africa has called the job crisis in the country critical, highlighting the alarming 11.57 million unemployed South Africans, as revealed by the latest Quarterly Labour Force Survey. Spokesperson Roger Solomon emphasized that nearly half of the youth aged 15 to 34 are jobless. The party has proposed a five-year plan aimed at creating two million new jobs to address this growing issue. todayAugust 14, 2024 8
insert_link World Tropical Storm Ernesto moves towards Puerto Rico Another tropical storm is wreaking havoc, this time across the northern Caribbean. Ernesto is expected to hit Puerto Rico. Jody Jacobs has more for us. todayAugust 14, 2024 16
insert_link Namibia Government Boosts Human-Wildlife Conflict Compensation Payments The Environment, Forestry and Tourism ministry has announced an increase in compensation payments under the human-wildlife conflict self-reliance scheme, effective September 1 this year. MEFT Minister Pohamba Shifeta revealed that permanent disability payments will rise from N$50,000 to N$100,000, while compensation for injuries without body part losses will increase from N$10,000 to N$15,000. Payments for injuries with body part losses will go up from N$30,000 to N$40,000. Livestock and crop […] todayAugust 13, 2024 10
