FUTURE MEDIA NEWS

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Namibia

Solar Century Africa and SolNam Energy Secure License for 60 MWp Solar Project

Solar Century Africa Limited and SolNam Energy have received their updated generation license from the Electricity Control Board for the SolNam 60 MWp solar project near Keetmanshoop. The joint development agreement, signed early last year, has progressed with secured land, environmental clearance, and a target financial close in 2024. Pinehas Mutota, the General Manager of Economic Regulations at ECB, provides insights on the license.  

today8 February, 2024

South Africa

South African Federation of Trade Unions Backs Competition Commission’s Constitutional Court Appeal on Alleged Currency Manipulation

The South African Federation of Trade Unions has expressed support for the Competition Commission's appeal to the Constitutional Court regarding the alleged manipulation of the rand/dollar exchange rate from 2007 to 2013. Despite the Competition Appeals Court dismissing the case earlier due to insufficient evidence of a coordinated conspiracy, the commission's appeal targets 13 banks, including ten international ones. SAFTU spokesperson Trevor Shaku emphasizes the importance of holding all implicated […]

today8 February, 2024

World

US Republicans block border and aid deal

US lawmakers have voted down legislation that would bring in new border restrictions and give aid to Ukraine and Israel. Senate Republicans blocked the bipartisan border deal and foreign aid package, by 50 votes to 49.Now, Democrats are trying to pass a revised bill which strips out the immigration measures and only includes aid. Sally Patterson has more.  

today8 February, 2024

Interview Transcripts

MICHAEL AMUSHELELO SHARES INSIGHTS ON YOUTH UNEMPLOYMENT IN NAMIBIA IN 2024

  Today, I express my appreciation for the youth in South Africa who are standing up and urging the government to address the pressing issue of unemployment. In South Africa, the situation is dire, with a population of approximately 60 million, and a staggering 35 million individuals facing unemployment. This equates to over half of South Africans struggling to find employment, contributing to the rampant crime rates in the country. […]

today8 February, 2024

Uncategorized

8 February 2024 Biz News: Global Economic Highlights: TotalEnergies’ Potential Oil Discovery, Rand’s Movement, and Market Trends

  In the dynamic world of global economics, recent developments have captured the attention of investors and analysts alike. From potential oil discoveries off the coast of Namibia to shifts in currency values and market trends, let's delve into the latest financial indicators and explore the implications of these events. TotalEnergies' Deepwater Drilling Success in Namibia: TotalEnergies, a major player in the energy sector, has reported positive results from its […]

today8 February, 2024

World

Haley beaten by “none of these candidates” in Nevada Primary

Republican Presidential candidate Nikki Haley has been beaten by the "none of these candidates" option in Tuesday's Nevada Primary. Her rival Donald Trump was not even on the ballot. The state-mandated contest isn't officially part of the Republican nominating process, and won't award any delegates. Kate Fisher reports from Washington.  

today8 February, 2024

South Africa

SA’ s Presidency Confirms Election Date Announcement Within 15 Days After State of the Nation Address

The South AFrica Presidency has officially confirmed that President Cyril Ramaphosa will reveal the election date within 15 days following today's State of the Nation Address. A subsequent proclamation will swiftly follow the announcement. Addressing concerns about delays, spokesperson Vincent Magwenya, in a media briefing on the president's weekly program, reassured the public of the timely process. Magwenya emphasized President Ramaphosa's awareness of the mandatory 90-day period between the announcement […]

today8 February, 2024