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

FUTURE MEDIA NAMIBIA

4363 Results / Page 70 of 485

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Namibia

National Housing Enterprise Faces Declining Profitability and Liquidity Challenges

The National Housing Enterprise is experiencing continued profitability challenges, with operating losses amounting to N$38.2 million in 2023, following a larger deficit of N$87.7 million in 2022. The Brief reports that the Deputy Minister of Finance and Public Enterprises, Maureen Hinda-Mbuende, highlighted significant liquidity issues affecting the organization's ability to meet short-term obligations. Over the past five years, NHE's gross profit has fluctuated, declining from N$334.7 million in 2019 to […]

todayOctober 1, 2024 10

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Namibia

Namibia Progressive Party Plans N$30 Billion Loan Strategy to Address National Debt

The Namibia Progressive Party has announced its intention to borrow N$30 billion from global lenders to tackle the country's national debt if they secure presidential power. Namib Pulse says, of this amount, N$15 billion will be directed towards reducing part of the N$165.8 billion national debt, while the remaining N$22 billion is earmarked for infrastructure projects aimed at generating revenue to further pay down the debt. Penda Negonga, Co-Founder of […]

todayOctober 1, 2024 13

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South Africa

South Africa’s Deputy President Outlines Strategic Priorities for Economic Growth and Development During UK Visit

South Africa's Deputy president Paul Mashatile says the government of national unity’s strategic priorities are to achieve sustainable economic growth, alleviate poverty, and develop an ethical, capable developmental state. He is currently on a working visit to the UK, which is one of South Africa’s most significant bilateral partners, particularly in trade, investment, tourism, and the Just Energy Transition. Speaking to Bloomberg, Mashatile says the government of national unity is […]

todayOctober 1, 2024 20

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Namibia

City of Windhoek Urges Public to Avoid Street Donations

The City of Windhoek is advising the public against giving money to individuals begging on the streets, stating that such acts, although well-intentioned, perpetuate street begging and contribute to a cycle of poverty. Instead, the city encourages donations to registered organizations that can provide sustainable, long-term support to those in need. Independent presidential candidate Rosa Namises shared her perspective on this issue.  

todayOctober 1, 2024 17 2

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South Africa

EFF in Gauteng says it is concerned about the Emfuleni Municipality’s failure to pay municipal workers

The EFF in Gauteng says it is concerned about the Emfuleni Municipality's failure to pay municipal workers their salaries this month, due to its dire financial state. This comes as Eskom recently attached the municipality’s four bank accounts due to an outstanding electricity debt of eight-billion-rand. The EFF’s, Baleni Dumisani, says at the core of the municipality's issues is a deeply entrenched culture of corruption among municipal officials and ANC […]

todayOctober 1, 2024 6

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World

US president Joseph Biden has called Hurricane Helene history-making

US president Joseph Biden has called Hurricane Helene history-making with at least ten states impacted. About 116 people have died after Helene made landfall in Florida last Thursday. It began as a category four hurricane and became the most powerful on record to hit Florida's Big Bend, before moving north into Georgia, the Carolinas, and Tennessee. Biden, who is expected to visit communities hit by Helene later this week, says […]

todayOctober 1, 2024 11

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World

UN Security Council extends mandate of the security mission to Haiti

The United Nations Security Council has approved the extension of the Multinational Security Support mission to Haiti by another year. Last year, the council authorized the Kenyan-led international security mission to assist the Caribbean country to help restore order against the ongoing gang violence. The United States requested the mission be changed to a full blown Peacekeeping operation but China and Russia opposed the move. Jody Jacobs reports from the […]

todayOctober 1, 2024 13

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Africa

M23 Rebels Tighten Control Over DRC Coltan Mines, Generating $300,000 Monthly Revenue

The M23 rebel group has solidified its control over the Rubaya coltan-mining region in eastern Democratic Republic of Congo, imposing a production tax that brings in an estimated $300,000 monthly, according to a UN Security Council briefing says Reuters. The Tutsi-led group, allegedly supported by Rwanda, seized the mineral-rich area, vital for smartphone and computer manufacturing, after heavy fighting in April.

todayOctober 1, 2024 5

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