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

FUTURE MEDIA NAMIBIA

4364 Results / Page 52 of 485

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Business / Economics

Namibia Special Risks Insurance Association Achieves Record Profit and Growth in Reserves

The Namibia Special Risks Insurance Association has reported a record profit after tax of N$103 million for the period ending March 31, 2024, marking the first time in its history that net profit has exceeded N$100 million. The organization’s reserves rose from N$709 million to N$802 million, reflecting the increased profits earned during the year. NASRIA’s Limited Insurance revenue also grew by 9%, increasing from N$77 million in 2023 to […]

todayOctober 11, 2024 12

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South Africa

No Prosecution in Phala Phala Case Due to Lack of Evidence, Says Limpopo DPP

The Director of South Africa's Public Prosecutions in Limpopo, Mukhali Ivy Thenga, has decided not to prosecute anyone in the Phala Phala case, citing insufficient evidence for a successful prosecution. This follows an investigation into a complaint laid by former spy boss Arthur Fraser against president Cyril Ramaphosa and former presidential protection unit head Wally Rhoode. They were implicated in an alleged cover-up of theft of foreign currency at Ramaphosa’s […]

todayOctober 11, 2024 23

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South Africa

South African Cabinet Welcomes UN Resolution on Israel’s Occupation

The cabinet of South Africa welcomed the United Nations General Assembly's resolution declaring Israel’s occupation of East Jerusalem, the West Bank, and Gaza as unlawful. The resolution mandates the complete withdrawal of Israeli settlers and soldiers from these areas and reaffirms international support for the two-state solution. Minister in the Presidency, Khumbudzo Ntshavheni told the media the government has reiterated its commitment to peace and justice, supporting diplomatic efforts to […]

todayOctober 11, 2024 13

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Africa

Egypt, Somalia, and Eritrea Hold Summit As Relations Strain with Ethiopia

The leaders of Egypt, Somalia, and Eritrea, all of whom have tense relations with Ethiopia, gathered in Asmara, Eritrea’s capital indicates BBC Africa. An official statement emphasized the importance of respecting sovereignty and territorial integrity in the region, potentially alluding to Ethiopia’s ambitions for sea port access. Ethiopia was not directly mentioned, though recent diplomatic tensions have drawn Somalia closer to Egypt and Eritrea, both of which have long-standing disputes […]

todayOctober 11, 2024 14

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Africa

Civilians killed as Sudan army ramps up airstrikes against RSF

Rights activists and local responders report that scores of civilians have been killed across Sudan in the past week. And as Reuters reports, this as the military intensifies airstrikes nearly 18 months into its conflict with the paramilitary Rapid Support Forces. While the RSF holds nearly half of the country, the army has leveraged its air superiority to reclaim some territory in Khartoum and target areas under RSF control.

todayOctober 11, 2024 9

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Business / Economics

11 October 2024 Morning Biz News: GIPF Investment, Currency Movements, and Tesla’s Latest Tech Unveil

GIPF Injects N$1.4 Billion Into Otjozondjupa Region's Economic Growth The Government Institutions Pension Fund (GIPF) has made a significant contribution to the economic development of the Otjozondjupa Region by investing N$1.4 billion. According to reports from The Brief, the fund’s investment is channeled into key sectors such as pharmaceuticals, renewable energy projects, and improving access to home loans for residents. This substantial injection of capital is expected to spur growth […]

todayOctober 11, 2024 8

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Business / Economics

Namibia and the U.S. Sign MoU Aiming To Enhance Renewable Energy Cooperation

Namibia and the United States signed a Memorandum of Understanding to enhance cooperation in the Renewable Energy sector. The agreement, signed by the Mines and Energy minister Thomas Alweendo and U.S. Ambassador Randy Berry, aims to improve the impact of renewable energy programs and increase efficiency for better developmental outcomes. The ministry's Ten Hashisohange Hasheela:  

todayOctober 11, 2024 25

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