insert_link South Africa Ratings Afrika’s recent report has shed some light on the financial struggles faced by South Africa’s municipalities Ratings Afrika's recent report has shed some light on the financial struggles faced by South Africa's municipalities, attributing these challenges to weak governance. The report underscores the persistent issues surrounding financial sustainability, which in turn lead to inadequate service delivery for a significant portion of the population. The organisation's analyst Leon Claassen raised concerns about the potential for certain municipalities to become dysfunctional if these issues are not addressed effectively: […] todayApril 12, 2024 11
insert_link World FBI warns of coordinated attack on US, following Moscow concert hall killings The FBI is warning of a possible coordinated attack on the United States. It comes in the wake of an attack in Russia, with ISIS gunmen killing at least 144 people at a concert venue last month. Nick Harper reports from New York. todayApril 12, 2024 10
insert_link South Africa South African city of Ekurhuleni’s New Mayor Prioritizes Sustainable Basic Services Nkosindiphile Xhakaza, the recently elected mayor of the South African city of Ekurhuleni, emphasizes that his primary focus is ensuring the consistent provision of essential services throughout the metro. He takes office as the fourth mayor in less than four years, succeeding Sivuyile Ngodwana of the African Independent Congress, who was ousted in a vote of no confidence last month. Xhakaza, representing the ANC, expresses confidence in his ability to […] todayApril 12, 2024 13
insert_link World UNSC again calls on Russia to stop the war in Ukraine United Nations Security Council members have criticised Russia's ongoing war in Ukraine. The Council met on Thursday following Moscow's destruction of the largest power-generating plant in Ukraine's Kyiv region in a missile attack. Jody Jacobs reports from the United Nations in New York. todayApril 12, 2024 23
insert_link Business / Economics 12 April 2024 Morning Biz News: GIPF’s ESG Investments, WeBuyCars IPO, Oil Price Surge, and Currency & Commodity Updates GIPF Ventures into ESG Investments: The Government Institutions Pension Fund (GIPF) is diversifying its investment portfolio by exploring opportunities in Environmental, Social, and Governance (ESG) sectors. With a focus on sustainable development, GIPF aims to collaborate with fund managers whose policies align with ESG principles. Targeting initiatives like SDG Namibia One and green climate fund managers, GIPF emphasizes its commitment to responsible investing. WeBuyCars Makes Splash on JSE: South African […] todayApril 12, 2024 16
insert_link Namibia Government Raises Income Tax Threshold, Boosting Construction Workers’ Finances The Namibian Building Workers Pension Fund is upbeat about the government's decision to raise income tax thresholds. Notably, the individual income tax threshold has been doubled from N$50,000 to N$100,000. This means many construction sector workers will be exempt from paying individual income tax. Enwich Kazondu, Executive Principal Officer of the Fund. todayApril 12, 2024 55
insert_link Namibia NAMFISA Warns Against Unregistered Healthcare Service Providers Offering Subscription-Based Services The Namibia Financial Institutions Supervisory Authority alerts the public about unregistered medical practitioners and healthcare service providers offering specialized healthcare services through subscription-based models. These services, including consultations, procedures, medication, and tests, are exchanged for regular membership fees. NAMFISA's spokesperson, Victoria Muranda. todayApril 12, 2024 49
insert_link World U.S. says it will stand by Israel in face of threat from Iran, but is trying to deescalate Washington officials have confirmed that the U.S. fully supports Israel in preparing for any possible attack from Iran. Iran has threatened one in retaliation for a strike on their embassy compound in Damascus that killed 13 people including an Iran military commander. Caroline Malone reports from Washington. todayApril 12, 2024 24
insert_link Interview Transcripts EXCLUSIVE INTERVIEW: Addressing Namibia’s Youth Unemployment Crisis: Insights from Labor Expert Herbert Jauch on Michael Amushelelo’s Initiative In a bold move that has caught the attention of many, Michael Amushelelo and a group of young individuals recently made headlines by occupying government office parks, demanding action on the pressing issue of unemployment in Namibia. This move, though unconventional, has sparked discussions about the root causes of unemployment and the urgent need for systemic change. Herbert Jauch, a local labor expert, sheds light on the significance of Amushelelo's […] todayApril 12, 2024 17
