14 August 2024 Morning Biz News: Namibia Keeps Repo Rate Steady? , South Africa Sees Surge in Project Announcements, Dollar Weakens, and Oil Prices Climb

14 August 2024 Morning Biz News: Namibia Keeps Repo Rate Steady? , South Africa Sees Surge in Project Announcements, Dollar Weakens, and Oil Prices Climb

Bank of Namibia Expected to Maintain Repo Rate Analysts are predicting that the Bank of Namibia will keep the repo rate steady at 7.75% during its upcoming Monetary Policy Committee meeting on Wednesday. This decision would mark the third consecutive meeting where the rate remains unchanged, following similar outcomes in April and June. The move reflects ongoing stability in the financial sector as the bank continues to navigate economic […]

August 14, 2024 11

Namibia

INTERVIEW: Shaun Gariseb Criticizes /Khomas Regional Governor for Lack of Action on Key Issues

Shaun Gariseb of the Katutura Residents Committee has voiced strong criticism against /Khomas Regional Governor Laura McLeod-Katjirua, highlighting the pressing issues facing the residents of Windhoek and the broader /Khomas region. Speaking on the current situation, Gariseb pointed out the severe impact of municipal mismanagement, including escalating debt and inadequate access to essential services like water and electricity. Gariseb emphasized that despite the governor’s role in management council […]

August 14, 2024 11

Africa

Sierra Leone’s president pleads with the United Nations Security Council for reform

Sierra Leone's president Julius Maada Bio has pleaded with the United Nations Security Council for reform. Chairing a session on addressing the historical injustice, he advocated for Africa’s permanent membership to enhance the council's effectiveness. Bio highlighted the need for increased African representation for maintaining international peace and security:

August 14, 2024 13

World

UN Security Council amidst continuing tensions in the Middle East

The United Nations Security Council convened yet another urgent meeting on the situation in Gaza. Algeria requested the meeting after another Israeli airstrike last weekend on a school housing hundreds of Palestinians. With an update for us, here's Jody Jacobs reporting from the United Nations in New York.

August 14, 2024 11

Namibia

Local Digital Expert Talks Cyber Security As A Major Concerns As Elections Approach

As elections approach, cyber security is increasingly crucial worldwide, including Namibia, according to local digital expert Nrupesh Soni. Recent incidents in the United States highlight the urgent need for robust digital defenses during election periods.

August 14, 2024 34

South Africa

S.A Economist Urges Urgent Reforms as South Africa’s Unemployment Rises to 33.5%

South African economic expert, Raymond Parsons calls for immediate economic reforms in response to the unemployment rate rising to 33.5%. He stresses the need for structural changes to stimulate job-rich growth and improve business confidence, particularly to reduce youth unemployment and secure a sustainable economic future.

August 14, 2024 16

Namibia

Namibia Urges UN Security Council Reform for Greater Representation

The International Relations and Cooperation minister, Peya Mushelenga, reiterated the nation's long-standing call for UN Security Council reform, emphasizing the need for a more representative and inclusive council. Speaking at a high-level debate in New York, Mushelenga highlighted Namibia's historical struggle for justice and the inadequacies of the current council structure. He urged that the composition of the council be adjusted to reflect present-day realities, building on the legacy of […]

August 14, 2024 12

South Africa

Build One South Africa Labels Job Crisis Critical And Outlines Five-Year Plan for Job Creation

Build One South Africa has called the job crisis in the country critical, highlighting the alarming 11.57 million unemployed South Africans, as revealed by the latest Quarterly Labour Force Survey. Spokesperson Roger Solomon emphasized that nearly half of the youth aged 15 to 34 are jobless. The party has proposed a five-year plan aimed at creating two million new jobs to address this growing issue.

August 14, 2024 11

World

Tropical Storm Ernesto moves towards Puerto Rico

Another tropical storm is wreaking havoc, this time across the northern Caribbean. Ernesto is expected to hit Puerto Rico. Jody Jacobs has more for us.

August 14, 2024 21

FUTURE MEDIA NEWS

14 August 2024 Morning Biz News: Namibia Keeps Repo Rate Steady? , South Africa Sees Surge in Project Announcements, Dollar Weakens, and Oil Prices Climb

INTERVIEW: Shaun Gariseb Criticizes /Khomas Regional Governor for Lack of Action on Key Issues

Sierra Leone’s president pleads with the United Nations Security Council for reform

UN Security Council amidst continuing tensions in the Middle East

Local Digital Expert Talks Cyber Security As A Major Concerns As Elections Approach

S.A Economist Urges Urgent Reforms as South Africa’s Unemployment Rises to 33.5%

Namibia Urges UN Security Council Reform for Greater Representation

Build One South Africa Labels Job Crisis Critical And Outlines Five-Year Plan for Job Creation

Tropical Storm Ernesto moves towards Puerto Rico

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