insert_link Africa Zimbabwe Commits to Backing New Currency with Reserves Zimbabwe's central bank governor reassured Reuters on Wednesday that the government remains committed to backing its new currency, called Zimbabwe Gold or ZiG, with reserves. This commitment, he stated, aims to build trust among the population. ZiG marks Zimbabwe's sixth attempt at a local currency in 15 years, launched in April following periods of hyperinflation under former leader Robert Mugabe. todayJuly 18, 2024 23
insert_link World Jack Smith appeals dismissal of Trump’s classified documents case Special Council Jack Smith is trying to keep Donald Trump's classified documents case alive. He filed an appeal on Wednesday after a Trump appointed judge threw the case out earlier in the week. Toni Waterman has more. todayJuly 18, 2024 12
insert_link Namibia UNAM Professor Criticizes Overpayment of Senior Government Officials Professor Basilius Kasera from the University of Namibia highlights the issue of overpayment for senior government officials, stressing its burden on the national budget. He points out the high cost of benefits for ministers and retired presidents, calling for austerity measures to control spending and cut unnecessary expenses. Kasera argues that the lavish lifestyle of top officials contrasts sharply with the average Namibian's life and advocates for reduced salaries and […] todayJuly 18, 2024 25
insert_link Business / Economics 18 July 2024 Morning Biz News Biz News Roundup: Key Financial Developments Building Approvals Surge in Windhoek The City of Windhoek has approved 928 building plans in the first half of 2024, valued at N$921.9 million, as reported by The Brief. This represents a 1.4% increase in the number of plans and a substantial 30.0% increase in their value compared to the same period in 2023. However, IJG Securities highlighted a 16.3% decrease in the number of approvals and a marginal 0.1% […] todayJuly 18, 2024 17
insert_link South Africa ActionSA Urges S.A President Ramaphosa to Outline Economic Growth Plans in Parliament Address To South Africa.. where ActionSA has called on S.A's president, Cyril Ramaphosa to use his Opening of Parliament Address to announce concrete steps for the grand coalition to grow the economy and create jobs. Spokesperson Samkelo Mgobozi has stressed the urgency for political accountability, policy certainty, and attracting investment. He calls for reforms in labour laws, investment hurdles, and competition in key industries to create 4.8-million jobs within five years: […] todayJuly 18, 2024 13
World U.S President Biden catches Covid US President Joseph Biden has tested positive for Covid-19. The White House said in a statement that he is experiencing "mild symptoms" and will now self-isolate at home, cutting short his campaign visit to the state of Nevada. Benji Hyer reports. todayJuly 18, 2024 8
insert_link 2 Namibia Sanlam Sponsors N$75,000 for Agra Weaner Championship Series Sanlam has contributed N$75,000 to the 13th Agra Weaner Championship Series, which started on July 9 in Karasburg and will proceed to Grootfontein. The event provides a platform for cattle farmers to showcase their work, with additional auctions in communal areas to uplift these regions aiming to enhance farming practices and honor top producers, contributing to Namibia's agricultural sector. Communications and Marketing Manager, Wendy !Naruses. todayJuly 18, 2024 40 2
insert_link South Africa Tonight’s opening of South Africa’s Parliament will take place in the Cape Town City Hall Tonight’s opening of South Africa's Parliament will take place in the Cape Town City Hall. The venue had been used regularly since the devastating fire in the parliamentary complex in January 2022, although the swearing-in of Members of Parliament and cabinet members took place in the bigger Cape Town International Convention Centre. National Assembly speaker Thoko Didiza says City Hall had been selected as part of cost-containing measures. President Cyril […] todayJuly 18, 2024 23
insert_link World Prominent U.S Democrat Schiff joins those calling for Biden to stand aside Another high-profile Democrat is calling for US President, Joseph Biden not to run in the race to be leader again. Representative, Adam Schiff from California says he needs to "pass the torch". Caroline Malone reports. todayJuly 18, 2024 16