insert_link Business / Economics 19 June 2024 Morning Biz News: Global Markets React: Namibia’s Grape Exports Soar, Oil Prices Rise Amidst Tensions, Dollar Weakens on Retail Data 1. Namibia's Table Grape Exports Surge, Reaching N$1.7 Billion The Namibian Agronomic Board (NAB) has reported a significant 19% increase in the country’s table grape exports during the last harvest season, reaching a total value of N$1.7 billion. This growth underscores Namibia’s strengthening position in the international market for agricultural products. Fidelis Mwazi, CEO of NAB, highlighted that stringent quality control measures, including the inspection of 9.3 million cartons, were […] todayJune 19, 2024 25
insert_link World Boeing CEO Calhoun gives answers but lawmakers want accountability on safety issues U.S Senators accused Boeing of losing its way and putting profits above safety in a hearing about the planemaker's long list of issues, and allegations of coverup. Relatives of some of the more than 300 people who died in two Boeing Max jet crashes on Lion Air and Ethiopian Airlines were present at the hearing on Tuesday. As Caroline Malone reports. todayJune 19, 2024 16
insert_link Africa Malawians Mourn Vice President Chilima Amid Protests Over Plane Crash Response Malawians gathered on Monday to mourn Vice President Saulos Klaus Chilima amid heavy security, following protests from his home district over the government's response to the plane crash that killed him and eight others last week as reported by Reuters. 51 year-old Chilima was laid to rest in his village of Nsipe in Ntcheu district, about 160 km southeast of Lilongwe. The night before, crowds blockaded roads and threw stones […] todayJune 19, 2024 15
insert_link South Africa JPMorgan Upgrades South African Assets Amid Unity Government Optimism JPMorgan, the world's largest bank by market value, has upgraded South African assets, shifting from underweight to overweight in its Central Europe, Middle East, and Africa asset allocation. The upgrade signals optimism following the formation of a government of national unity. However, risks persist as cabinet positions remain unfilled and the effectiveness of the GNU structure is unproven. todayJune 19, 2024 51
insert_link Namibia Namibia Leads Sub-Saharan Africa in Gender Equality And Ranks 8th Globally Namibia has achieved 8th place globally on the 2024 Global Gender Gap Index, closing 80.5% of its gender gap and leading Sub-Saharan Africa. South Africa follows at 18th place worldwide. The index assesses gender parity across economic participation, education, health, and political empowerment, with Namibia excelling in all dimensions, ranking in the top 25 globally in each subindex. Bernadette Jagger, the Deputy minister. todayJune 19, 2024 46
insert_link Namibia GIPF Holds Millions in Unclaimed Benefits And Urges Members to Claim Funds The Government Institutions Pension Fund has revealed that it currently possesses "millions" in unclaimed benefits intended for members who have departed from the fund and no longer hold employment. GIPF reports that around 176 members still need to collect their benefits, which are categorized as "unclaimed" under the fund's regulations. Edwin Tjiramba- GIPF's spokesperson. todayJune 19, 2024 26
insert_link World Biden offers protections for illegal spouses of US citizens U.S President, Joseph Biden has outlined what he's called a "common sense fix" to give undocumented immigrants legal status in the United States. His plan allows around 500,000 people living in the US illegally, who are married to US citizens, the chance to apply for green cards without leaving the US. The administration says it will help keep families together, rather than forcing them to leave America while their paperwork […] todayJune 19, 2024 16
insert_link South Africa KwaZulu-Natal premier Thami Ntuli Appoints Diverse Executive Council In S.A, KwaZulu-Natal premier,, Thami Ntuli has appointed his executive council with a composition reflecting multiple political parties. The council includes four members from the IFP, three from the ANC, two from the DA, and one from the NFP. This diverse appointment aims to foster cooperation and inclusive governance across party lines in the province. Ntuli thanked voters and political allies for their support in achieving a government of provincial […] todayJune 19, 2024 24
insert_link World Reports Indicate India and China Have expanded nuclear weapon stockpile India and China are expanding their nuclear warheads according to Swedish defense think tank SIPRI. Stockholm International Peace Research Institute says India added eight new nuclear warheads to its arsenal - while China added 90 in the past one year. Ishan Garg has more. todayJune 18, 2024 23
