FUTURE MEDIA NAMIBIA Archives - Page 92 of 448

Japan accuses China of violating airspace

Japan is accusing the Chinese military of violating its airspace. The government says a Y-9 intelligence plane flew over waters in Japan’s Nagasaki region on Monday. From Tokyo, here's Chris Gilbert reporting.

27 August, 2024

South Africa

Construction Mafias Halt R50 Billion in Projects, Impacting South Africa’s Infrastructure Sector

S.A's Public Works and Infrastructure minister, Dean Macpherson has revealed that around 50 major construction projects, worth billions of rands, have been halted due to construction mafias. Speaking to Newzroom Afrika, Macpherson highlighted the impact of extortion on the sector, which employs over 1.2-million people. He emphasised breaking the grip of these mafias is crucial to restoring the country’s infrastructure development:

27 August, 2024

South Africa

RISE Mzansi Welcomes Ramaphosa’s Reassignment of State-Owned Enterprises to Relevant Ministries

In S.A, RISE Mzansi has welcomed president Cyril Ramaphosa’s decision to assign shareholder responsibility for each of the state-owned enterprises that previously fell under the soon-to-be-defunct Department of Public Enterprises. Eskom will now fall under the Electricity and Energy minister, South African Airways and SA Express both fall under the Transport minister, and Denel with the Defence minister. RISE Mzansi’s, Makashule Gana, says they are now calling for the finalisation […]

27 August, 2024

Business / Economics

Savanna Beef Processors Opens Final N$6.5 Million Share Offering to Producers

Savanna Beef Processors Ltd has initiated its fourth and final private placement, inviting producers to invest in the remaining N$6.5 million of share capital says The Brief. According to Chairperson Meiki Schneider, shares will be available in N$4,000 batches for each preferential slaughter cattle. He urged producers to take advantage of this opportunity, noting that preferential slaughter rights will play a key role in quota allocations. Additionally, over-the-counter trading of […]

27 August, 2024

Business / Economics

INTERVIEW: Activist Herbert Jauch Calls for Rethink on Namibia’s Oil and Gas Strategy

Windhoek, Namibia – Herbert Jauch, a prominent activist, has called for a fundamental reassessment of Namibia’s approach to oil and gas exploration. In a recent discussion, Jauch emphasized that the use of Namibia’s natural resources should benefit all Namibians, not just a select few, and warned against continuing with oil and gas extraction given the current global context. Jauch argued that Namibia's natural resources have long been controlled by foreign […]

27 August, 2024

South Africa

Eskom Urges Collaborative Effort to Tackle Municipal Debt and Energy Theft

To South Africa, where Eskom has called for a collaborative approach to address the growing municipal debt and widespread energy theft. The power utility urges the government, communities, and municipalities to work together to resolve these problems and ensure financial stability. In a media briefing, Eskom chairperson Mteto Nyati says these issues are major challenges for the utility, with unpaid municipal bills and illegal connections driving up costs and impacting […]

27 August, 2024

World

First commercial space walk expected later today

Four private citizens are set to make history later today as they launch into space on a mission that is expected to include the first commercial space walk. The risky endeavor which involves two crew members venturing outside on a tether, has previously only been conducted by government astronauts. Corresponding for us from the US is Kate Fisher:

27 August, 2024

Namibia

More And More Political Parties Criticize President Mbumba’s Development Urgency Call

Various political parties, beyond the PDM and IPC, are voicing opposition to President Nangolo Mbumba's recent call for urgent wealth and job creation for Namibians, especially youth. During the Heroes Day commemoration in Omuthiya, Mbumba stressed the need for accelerated development efforts, but his remarks have sparked criticism from several quarters. Landless People's Movement's Ivan Skrywer:

27 August, 2024

Namibia

Herbert Jauch Calls for Rethink on Namibia’s Oil and Gas Strategy

Activist, Herbert Jauch, has called for a fundamental reassessment of Namibia’s approach to oil and gas exploration. In a recent discussion, Jauch emphasized that the use of the country’s natural resources should benefit all Namibians, not just a select few, and warned against continuing with oil and gas extraction given the current global context.

27 August, 2024