FUTURE MEDIA NEWS Archives - Page 321 of 443

General Industries Workers Union of South Africa Condemns Job Losses

The General Industries Workers Union of South Africa has decried the loss of 194,000 jobs in the fourth quarter of 2023, pointing out a 1.8% decline in the labor force. Mametlwe Sebei, the union's president, has attributed this to neocolonial capitalism and the ANC's neoliberal policies. Sebei advocates for the nationalization of key sectors and prioritization of job creation, particularly in industries like construction. Urgent action, he emphasizes, is necessary […]

28 March, 2024

World

Chinese rail giant pulls out of $600Mn tender after EU probe

Chinese rail giant CRRC has withdrawn its 660 million dollar bid to supply electric trains to Bulgaria after an EU probe. Officials in Brussels were investigating if the company had used state subsidies to artificially lower its tender offer. Ishan Garg has more from Brussels.

28 March, 2024

South Africa

Freedom Front Plus in SA Condemns Expropriation Without Compensation

The Freedom Front Plus in South Africa has vehemently opposed expropriation without compensation, stating that it would further deteriorate the country after 30 years under ANC rule. The party has once again rejected the Expropriation Bill in the National Assembly, even after it was referred back with amendments by the National Council of Provinces. While the bill aims to expropriate land and property in the public interest, the FF Plus […]

28 March, 2024

Business / Economics

Weekly Economics Wrap: March 21-28, 2024

As the global economic landscape continues to evolve, this week's wrap-up brings forth significant developments from Namibia, South Africa, across Africa, and internationally. From record-breaking achievements in the mining sector to ambitious economic reforms and market movements, here's a glimpse of the key highlights: Namibia: Andrada Mining's Milestone Performance: Andrada Mining proudly announced record-breaking production figures for the fiscal year 2024 (FY24), accompanied by a robust cash balance of […]

28 March, 2024

Namibia

Enhancing Healthcare: New Blood Donation Center Opens in Namibia

In a notable development aimed at improving healthcare services in Namibia, the Blood Transfusion Service of Namibia and the Namibia Oncology Centre are pleased to announce the opening of a new blood donation center at the Namibia Oncology Centre premises, situated at in Eros. The inauguration of the donor center is scheduled for Wednesday, April 3. Here's NamBTS' Zita Tobin.

28 March, 2024

South Africa

SA’s Rand Water Prevails in Court Against AfriForum’s Attempt to Halt Water Supply Reduction

AfriForum's court action to prevent Rand Water from reducing water supply to seven municipalities owing over three billion rand has been unsuccessful. AfriForum had applied to the High Court in Pretoria to order Rand Water to restore full water supply to the affected municipalities, citing far-reaching implications for the communities. The municipalities, located in Gauteng, Free State, and Mpumalanga, face reduced supply due to outstanding debts. Rand Water welcomes the […]

28 March, 2024

Namibia

23rd ICT Stakeholders Consultative Meeting Held in Windhoek

The Information Communication Technology ministry recently hosted the 23rd ICT Stakeholders Consultative meeting in Windhoek. This gathering served as a platform for the Government and the ICT industry to discuss key ICT programs, projects, and initiatives. Ministry spokesperson Shoki Kandjimi provided insights into the discussions held during the meeting.

28 March, 2024

Business / Economics

28 March 2024 Morning Biz News: Economic Insights: Record Mining Production, Nigeria’s Economic Overhaul, and Global Market Trends

In the dynamic landscape of global economics, recent developments highlight both achievements and strategic shifts aimed at fostering growth and stability. From record-breaking production figures in the mining sector to comprehensive economic reforms in Nigeria, coupled with fluctuations in oil prices and currency markets, these events offer insights into the current state of affairs and future trajectories. Andrada Mining's Milestone Performance Andrada Mining has made headlines with its remarkable […]

28 March, 2024

World

Hunt Initiated for Bodies of Construction Workers Involved in Baltimore Bridge Incident

A search continues for the bodies of six missing construction workers who are presumed to have fallen into the river after a bridge collapse in Baltimore. On Wednesday divers recovered the 'black box' from the 300 metre container ship, which will be used to help ascertain what caused it to collide with the bridge. Caroline Malone is in Baltimore.

28 March, 2024