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    Josia Shigwedha

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    Josia Shigwedha

FUTURE MEDIA NAMIBIA

4027 Results / Page 74 of 448

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Business / Economics

Bank of Namibia Governor Announces Instant Payments in 2025

Governor Johannes !Gawaxab of the Bank of Namibia delivered a public lecture at the University of Namibia titled "Modernising Namibia’s Financial Landscape for a Prosperous Future." He outlined the introduction of fast payments, or instant payments, allowing real-time fund transfers 24/7, set to launch in September 2025. The regulator's, Josefina Oskar .  

today2 October, 2024

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Namibia

Iran Launches Unprecedented Missile Attack on Israel As Namibia Urges Restraint

Iran has initiated an unprecedented missile assault on Israel, marking a significant escalation in the ongoing violence and tensions in the region. Al Jazeera reports that the Islamic Revolutionary Guard Corps announced on Tuesday that the missile strikes were in retaliation for lethal Israeli operations targeting individuals in Gaza and Lebanon, as well as the assassinations of prominent leaders from the IRGC, Hamas, and Hezbollah. Ambassador Penda Naanda: Executive Director […]

today2 October, 2024

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South Africa

South Africa’s Weather Service forecasts a La Niña event this December and January

South Africa's Weather Service forecasts a La Niña event this December and January, bringing above-average rainfall to the southern region. Lead scientist Christien Engelbrecht warns of a potential summer heatwave, urging South Africans to stay hydrated to prevent heat-related fatalities. She warns of high temperatures expected across the country during this period:  

today2 October, 2024

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Business / Economics

GIPF Announces Tax Relief Refunds for Pensioners and Beneficiaries

The Government Institutions Pension Fund has confirmed that tax-paying pensioners, as well as spousal and child beneficiaries, will receive their tax relief refunds on 28 November. This is in line with the provisions of the Income Tax Amendment Act, ensuring that eligible recipients benefit from the updated tax regulations.. General Manager, Marketing and Stakeholder Engagement at the GIPF: Edwin Tjiramba  

today2 October, 2024

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South Africa

The DA says it opposes any proposed increases to South Africa’s national minimum wage

In S.A. the DA says it opposes any proposed increases to South Africa’s national minimum wage, as it will only worsen the country’s already extremely high unemployment rate. Monday marked the final opportunity for stakeholders to submit their written comments on potential changes to the national minimum wage. The DA’s, Michael Bagraim, says maintaining the current minimum wage level strikes a necessary balance between protecting existing workers and opening the […]

today1 October, 2024

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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 […]

today1 October, 2024

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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 […]

today1 October, 2024

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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 […]

today1 October, 2024