FUTURE MEDIA NAMIBIA Archives - Page 373 of 447

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 […]

22 February, 2024

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.

22 February, 2024

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 […]

22 February, 2024

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, […]

21 February, 2024

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 […]

21 February, 2024

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.

21 February, 2024

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 […]

21 February, 2024

World

Nvidia overtakes Tesla as Wall Street’s most traded stock

Chipmaker Nvidia has overtaken car giant Tesla as the most traded stock on the US stock market. Demand for the chips, which are used by Artificial Intelligence developers, has soared in recent years. All eyes are on Nvidia's fourth quarter earnings, due out on Wednesday. Sally Patterson has more.

21 February, 2024

South Africa

DA Sees Election Date Announcement as Crucial Moment for South Africa’s Future

The Democratic Alliance in South Africa views the official announcement of the election date as a countdown to a historic opportunity for the nation to rescue itself from 30 years of ANC failure, corruption, and state capture. President Cyril Ramaphosa has confirmed that the general elections will take place on May 29. DA leader John Steenhuisen declares this election as a turning point for the country, coming at a crucial […]

21 February, 2024