FUTURE MEDIA NAMIBIA Archives - Page 355 of 447

Big Super Tuesday wins for US Presidential favourites

Both Joe Biden and Donald Trump have swept to multiple decisive primary victories on what's known as Super Tuesday — when millions voted in more than a dozen US states to pick each party's nominee for the Presidential election later this year. Biden created some history by suffering a small hiccup in the territory of American Samoa. However the current and former Presidents came top in nearly all states on […]

7 March, 2024

South Africa

ActionSA Alleges Gauteng Premier’s E-Toll Abolishment Promise as Election Ploy

ActionSA accuses Gauteng Premier Panyaza Lesufi of using the promise to scrap e-tolls as an electoral tactic ahead of the May 29th general elections. Lesufi's recent pledge to eliminate e-tolls by the end of the month has sparked criticism from ActionSA's Funzi Ngobeni, who deems it overdue. Ngobeni blames the ANC for implementing e-tolls without proper consultation and expresses disappointment in the delay of scrapping the system. Lesufi had made […]

7 March, 2024

Namibia

Namibia Revenue Agency Issues N$100.9 Million in Tax Refunds Through Mass Refund Exercise

The Namibia Revenue Agency has successfully refunded N$100.9 million in taxes since commencing its mass tax refund initiative in December of the previous year. NamRA, in a statement, reported that out of the 78,441 processed tax returns, close to 47 thousand refunds were disbursed to individual salary-earners and pensioners. NamRA spokesperson Steven Ndorokaze elaborated on the successful initiative.

7 March, 2024

Business / Economics

07 March 2024 Morning Biz News: Namibia’s Oshikoto Region Receives Boost with N$400 Million Investment in Otjikoto Biomass Power Station

In a strategic move to combat energy supply shortages in the Oshikoto Region, the Namibian government has allocated a budget of N$400 million for the development of the 40-megawatt Otjikoto Biomass Power Station, located on the outskirts of Tsumeb. The announcement came from the Minister of Finance and Public Enterprises, Iipumbu Shiimi, emphasizing the government's commitment to enhancing the region's energy infrastructure. The Otjikoto Biomass Power Station is poised to […]

7 March, 2024

World

U.S National guard deployed to New York subway

New York is deploying state police and the National Guard to help stem a surge in violent attacks on the city's subway system. There have been three homicides so far this year and last year 570 assaults were recorded. William Denselow reports from New York.

7 March, 2024

South Africa

SA’s Democratic Alliance has lodged a complaint with Parliament’s joint committee on Ethics and Members’ Interests regarding corruption allegations

SA's Democratic Alliance has lodged a complaint with Parliament's joint committee on Ethics and Members' Interests regarding corruption allegations against National Assembly speaker Nosiviwe Mapisa-Nqakula. DA chief whip, Siviwe Gwarube, has emphasised the importance of upholding accountability and transparency in public office. She says the allegations against the speaker threaten the credibility of Parliament. Gwarube calls for a swift and comprehensive investigation to address the matter with seriousness and urgency. […]

7 March, 2024

Namibia

Multimillion-Dollar Rift Unfolds in State-Backed Military Construction Firm and Israeli Partners Over Power Station Tender

Amidst a complex web of contractual disagreements, a state-owned military construction company finds itself at odds with its Israeli partners over a lucrative N$1.2 billion power station tender. The bone of contention? How the profits from this ambitious project should be distributed. August 26 Construction, a government-owned entity, is pushing for a considerable N$36 million share of the project's profits. However, this demand has encountered staunch resistance from its Israeli […]

7 March, 2024

South Africa

eThekwini Mayor Vows Legal Action Against Striking Municipal Employees

Mayor Mxolisi Kaunda of eThekwini in South Africa asserts that all lawful measures will be pursued to compel employees participating in an illegal strike to return to work or potentially face dismissal. The municipality has secured an urgent Labour Court interdict against the striking workers affiliated with the South African Municipal Workers Union. According to the municipality's spokesperson, Gugu Sisilana, 20 of the striking workers have already been suspended.

6 March, 2024

World

HUNT SETS OUT BUDGET CONTAINING TAX CUTS

UK Finance minister Jeremy Hunt is setting out a budget containing what he calls 'permanent' tax cuts. Opposition Labour says the Conservatives have a record of 14 years of 'economic failure'. It comes ahead of a general election due at some point this year.

6 March, 2024