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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

FUTURE MEDIA NEWS

4348 Results / Page 356 of 484

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Business / Economics

01 March 2024 Morning Biz News: Financial Highlights: Namibia Secures Grant, Truworths Faces Challenges, Global Market Trends

Published on March 1, 2024 In the dynamic landscape of global finance, recent developments across various sectors have captured the attention of investors and experts alike. Here's a roundup of the latest financial indicators and noteworthy events shaping the economic landscape. 1. Namibia Hydrogen Fund Managers Secures Historic Grant Namibia Hydrogen Fund Managers (Pty) Limited has achieved a significant milestone by securing a substantial grant of nearly N$19.2 million from […]

todayMarch 1, 2024 4

Namibia

Ongandjera King Demands N$15 Million from Empowerment Entity Amid Heineken Deal

Ongandjera King Johannes Mupiya is considering legal action against a black empowerment entity unless it pays him N$15 million in profits. This amount was agreed upon in a deal linked to Heineken's acquisition of a 50.01% stake in NBL Investments from the Ohlthaver & List (O&L) Group for N$5.4 billion last year. Epia Investment Holdings, a politically connected entity, including late businessman Aron Mushimba, held a 49% stake in NBL […]

todayMarch 1, 2024 6

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South Africa

Cape Winelands District Municipality’s Fire Services say it has made good progress in trying to contain the Du Toit’s Kloof fire

The Cape Winelands District Municipality’s Fire Services say it has made good progress in trying to contain the Du Toit’s Kloof fire. The fire broke out close to Du Kloof Lodge in Du Toitskloof Pass on the N1 yesterday afternoon, and quickly spread toward the road, disrupting traffic flow. The municipality’s spokesperson, Jo-Anne Otto, says the fire line above the entrance to the Huguenot Tunnel has been contained.  

todayFebruary 29, 2024 35

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World

President Marcos vows to defend Philippine sovereignty

Philippine President Ferdinand Marcos Jr says he’ll not allow any foreign power to take a square inch of his country’s territory as the Philippines and China continue to butt heads over maritime disputes. He made the comments during an address to Australia’s parliament on Thursday ahead of an ASEAN summit in Melbourne next week. Chris Gilbert reports.  

todayFebruary 29, 2024 19

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Namibia

Budget Boost: Ministry of Gender, Poverty Eradication, and Social Welfare Sees 23.2% Increase to N$8 Billion

In the latest financial update, Finance and Public Enterprises Minister Iipumbu Shiimi revealed a significant 23.2% increase in the budget for the Ministry of Gender, Poverty Eradication, and Social Welfare, reaching N$8 billion. Shiimi explained that this allocation includes N$824.7 million to maintain the real value of social safety nets in the face of high inflation and a considerable dependency ratio. Furthermore, the government has allotted funds for increased food […]

todayFebruary 29, 2024 24 6

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South Africa

Leading agricultural economist in South Africa has cautioned on South Africa’s summer harvest risks

Leading agricultural economist in South Africa Wandile Sihlobo has cautioned that South Africa’s summer harvest faces risks due to inadequate rain and the ongoing heatwaves. The planting period initially showed promise with consistent rainfall from October to January. Sihlobo says farmers now express concerns about crop quality for the upcoming harvest.  

todayFebruary 29, 2024 27

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