FUTURE MEDIA NEWS Archives - Page 230 of 443

4 June 2024 Morning Biz News: Navigating the Winds of Change: Biz News Update

In the ever-evolving landscape of global finance and politics, staying abreast of the latest developments is paramount for investors and businesses alike. Here’s a snapshot of the recent buzz in the business world: 1. First Capital Group’s Potential Listing on Namibian Stock Exchange First Capital Group finds itself at a crossroads, contemplating a listing on the Namibian Stock Exchange. The move comes in the wake of a lukewarm response […]

4 June, 2024

World

Tech issue resolved in New York Stock Exchange

The New York Stock Exchange says a technical issue which saw some stock prices swing wildly on Monday has been resolved Trading of certain shares was paused while the problem was addressed. Sally Patterson has more.

4 June, 2024

South Africa

ANC Considers Confidence-and-Supply Agreement Amid Coalition Talks

The African National Congress faces a pivotal moment as its national executive committee convenes today to explore potential coalitions following a disappointing election outcome, securing only 40.2% of the national votes. Senior ANC leaders are reportedly leaning towards a confidence-and-supply agreement, favoring a scenario where the ANC forms a minority government. Under this arrangement, opposition partners would align with the ANC on critical decisions such as confidence motions and budgets, […]

4 June, 2024

Business / Economics

Private Sector Credit Growth Remains Modest in April

In April, private sector credit extension grew by 1.6% year-on-year, showing a slight improvement from the 1.3% growth recorded in March. However, this figure represents a significant decline from the 2.5% year-on-year growth seen in April 2023. The PSCE growth rate remains below the six-month moving average and is the second-lowest rate recorded in 2024. Simonis Storm Economist- Halleluya Ndimulunde.

4 June, 2024

Namibia

Namibian Leaders Praise South Africa’s Peaceful Elections as ANC Loses Majority

President, Nangolo Mbumba congratulated South Africa for the peaceful conduct of their recent national elections, highlighting the importance of maintaining order during such processes. Despite the ruling African National Congress losing its parliamentary majority with only 40% of the vote, Mbumba emphasized elections should renew mandates without causing harm. Elsie Nghikembua, Chairperson of the Electoral Commission, also lauded South Africa's electoral process and noted valuable lessons for Namibia's upcoming elections, […]

4 June, 2024

World

U.S Congress investigates Covid-19 origins

Anthony Fauci is being grilled in the United States Congress, facing unfounded allegations from lawmakers that he attempted to cover up the origins of Covid-19. The 83-year-old US government scientist was Joseph Biden's chief medical advisor, but before that he served under Donald Trump's administration at the height of the pandemic, famously correcting many of the former President's false comments about the deadly virus. Our correspondent Benji Hyer has been […]

4 June, 2024

South Africa

Significant Cold Front Brings Rain, Snow, and Strong Winds to South Africa

Following a dry and warm May, South Africa will experience a significant drop in daytime temperatures with showers, thundershowers, and snow in elevated areas due to a developing cut-off low-pressure system. In a press statement, The S.A Weather Service says rain and strong winds will impact the Eastern Cape, extending over the province by Saturday, with heavy rainfall and rough sea conditions. Cold temperatures will spread across the country, bringing […]

4 June, 2024

World

India’s opposition parties reject exit polls predicting a landslide Modi win

India's opposition parties are calling pollsters predicting a third Modi term biased. After voting ended on Saturday in India's general elections, a vast majority of exit polls are predicting a landslide victory for Prime Minister Narendra Modi. But critics say Mr Modi and the pollsters are in for a surprise when the votes are counted on Tuesday. Ishan Garg tells us more from New Delhi.

3 June, 2024

South Africa

South African Government Deploys Disaster Team to Aid Eastern Cape Relief

S.A's Minister in the Presidency, Khumbudzo Ntshavheni says the government has deployed a disaster management team to the Eastern Cape to help with relief and rescue efforts. This comes as heavy rains have battered parts of the province over the weekend, leaving seven dead in the Nelson Mandela Bay Municipality. More than one-thousand people have been displaced. Ntshavheni says the South African National Defence Force has also deployed a helicopter […]

3 June, 2024