insert_link Business / Economics 28 February 2024 Morning Biz News: Economic Highlights: Lepidico’s Cost Reduction, Rand’s Resilience, and Global Market Trends In the ever-evolving landscape of global finance, several key developments have emerged, impacting various sectors. In this article, we delve into recent updates surrounding Lepidico's Karibib project, the resilience of South Africa's rand, fluctuations in oil prices, and the stability of the U.S. dollar. Additionally, we provide a snapshot of the latest financial indicators shaping the economic landscape. Lepidico's Karibib Project Sees Significant Cost Reduction: Lepidico has announced a noteworthy […] todayFebruary 28, 2024 7
insert_link World US leaders optimistic of govt funding deal The Speaker of the US House of Representatives says he is "very optimistic" Congress can agree to new funding to keep the government running before Friday's deadline. About a quarter of the government will shut down if there's no agreement on a new spending deal. Nick Harper reports from Washington. todayFebruary 28, 2024 29
insert_link South Africa SA’s REAL411 Warns Against Election Misinformation, Calls for Vigilance South Africa's REAL411 cautions against potential misinformation ahead of the elections, emphasizing the threat of disinformation to democracy. The organization advises citizens to carefully assess the credibility of news sources. In collaboration with major platforms such as Google and TikTok, the Electoral Commission is working to counter misinformation and reaffirms its commitment to democratic processes. REAL411 advocates for proactive measures against disinformation and urges political parties to refrain from spreading […] todayFebruary 28, 2024 19
insert_link Namibia Landless People’s Movement Youth Command Marks 5th Anniversary with Public Lecture The Youth Command Element of the Landless People's Movement hosted a public lecture to commemorate the party's 5th anniversary. LPM's Duminga Ndala led the event. todayFebruary 28, 2024 8
insert_link Namibia Namibia’s Electoral Commission Deregisters Three Political Parties and Six Organizations The Electoral Commission of Namibia has deregistered three political parties - the Democratic Coalition of Namibia, the Federal Convention of Namibia Party, and the Namibia Democratic Movement for Change Party. Additionally, six associations or organizations have also been deregistered. Local Political Analyst Dr. Ndumba Kamwanyah provides insights into the reasons behind their deregistration. todayFebruary 28, 2024 5
insert_link Business / Economics Minister of Finance to Present National Budget Amid Grey-Listing and High Debt Figures All eyes turn to Minister of Finance Ipumbu Shiimi as he presents the national budget this afternoon. Namibia, grey-listed by the Financial Action Task Force, faces scrutiny alongside elevated debt figures. UNAM economics lecturer, Dr. Omu Kakujaha-Matundu, provides his view on this. todayFebruary 28, 2024 26
insert_link Namibia Potential N$723 Million Monthly Burden on Taxpayers for Increased Pension and Disability Grants Fulfilling the late President Hage Geingob's proposal to raise Namibia's pension and disability grants from N$1,400 to N$3,000 could cost taxpayers approximately N$723 million monthly. Even with a more modest increase to N$2,000, taxpayers would still bear a monthly burden of N$482 million. The anticipation among 241,016 beneficiaries has been high, following Geingob's New Year's message expressing his hope for the increase. The Finance Minister, Iipumbu Shiimi, is expected to […] todayFebruary 28, 2024 5
insert_link World RNC Chair out, as Trump asserts more control over the Republican party U.S. Presidential presumptive candidate for the Republicans Donald Trump is getting more and more involved in campaign politics. The Republican National Committee Chair Ronna McDaniel is leaving her post -- making room for more Trump loyalists. Caroline Malone reports. todayFebruary 27, 2024 12
insert_link South Africa The DA in Gauteng says it is concerned that liquor licencees are struggling to submit their applications to the Gauteng Liquor Board The DA in Gauteng says it is concerning that restaurants, bars, and tavern owners who need liquor licences are struggling to submit their applications to the Gauteng Liquor Board. This is reportedly due to load-shedding and a faulty generator. The DA’s Patrick Atkinson, says they have been reliably informed that there is a backlog of 600 applications at the Gauteng Liquor Board. todayFebruary 27, 2024 22