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FUTURE MEDIA NEWS

3660 Results / Page 399 of 407

Background

Namibia

Ministry of Public Enterprises intends to implement a new game plan for State-owned enterprises

The Finance and Public Enterprises ministry intends to implement what it calls a new game plan aimed at enhancing the effectiveness of State-owned enterprises, with a particular focus on boards’ performance. Minister Iipumbu Shiimi revealed the plan during the public enterprises conference held at Gross Barmen this past week, saying it will include the recruitment of experienced individuals to serve as board members of SOEs and measuring their performance.

todayNovember 27, 2023 14

Business / Economics

SA’s Minister of Labour talks five-billion-rand Unemployment Insurance Fund jobs deal with Thuja Holdings

SA's Minister of Labour and Employment Thulas Nxesi says he will file court papers to set aside the controversial five-billion-rand Unemployment Insurance Fund jobs deal with Thuja Holdings. Thuja Holdings CEO and former Productivity SA chairperson, Mthunzi Mdwaba, has alleged that minister Nxesi and two other cabinet ministers solicited a 500-million-rand bribe to allow a dubious job creation scheme by the UIF to proceed. Nxesi has strongly denied the allegations, […]

todayNovember 24, 2023 4

Business / Economics

Chairperson of the Konrad-Adenauer-Stiftung pays courtesy visit to the National Council of Namibia

Norbert Lammert, Chairperson of the Konrad-Adenauer-Stiftung, paid a courtesy visit to the National Council of Namibia. During the discussions, the delegation explored the organisational structures of their respective federal systems. Lukas Sinimbo Muha, Chairperson of the National Council, emphasised the importance of the working relationship between KAS and the National Council. Muha highlighted, with gratitude, KAS’s sponsorship of the five-year strategic plan, which will run until the 2027/28 financial year. […]

todayNovember 24, 2023 5

South Africa

Western Cape MEC of Finance says they continue to see job creation

Western Cape MEC of Finance and Economic Opportunities, Mireille Wenger, says in spite of a challenged post-COVID-19 global economy, they continue to see job creation and economic growth improve. She tabled the Municipal Economic Review and Outlook 2023/2024 in the Western Cape Provincial Parliament this week. Wenger says the outlook reflects the province’s adaptability and resilience in the face of changing economic paradigms.    

todayNovember 24, 2023 9

Namibia

Water scarcity in Northern Namibia has been caused by the revamping of the water system

NamWater Chief Executive Officer Abraham Nehemia said the water scarcity in Northern Namibia has been caused by the revamping of the water system from Calueque to the Oshakati canal, the treatment plants and the pipelines. Nehemia said the water systems in place from Calueque to Omuthiya were built in the 1970s and 80s and the systems are now insufficient for the increased population. Water is transported in raw form from […]

todayNovember 24, 2023 4

Namibia

Mass hysteria suspected at Amateta Combined School

The Ministry of Education, Arts, and Culture is looking into reports of learners fainting and speaking incoherently at Amateta Combined School in the Oshikoto Region’s Onankali circuit. The director of education in the Oshikoto Region, Alletta Eises says far, 18 learners have exhibited the behaviour. She said they suspect that the learners are exhibiting signs of mass hysteria, but the Directorate of Education, Arts and Culture’s special education team will […]

todayNovember 24, 2023 1

Namibia

Ukrainian trucker dies at Polish border blockade

A 56-year old Ukrainian trucker has died after waiting almost three days on the Polish side of the border to cross into Ukraine. Polish truckers have been blocking the border crossing with Ukraine for several weeks calling for stricter transport rules for Ukrainian trucks, which they say are hurting their businesses. Megumi Lim reports from Kyiv.  

todayNovember 24, 2023 3

South Africa

South African Federation of Trade Unions disappointed at Reserve Bank’s continued restrictive monetary policy

The South African Federation of Trade Unions says it is disappointed that the South African Reserve Bank continues to pursue a restrictive monetary policy. The bank’s Monetary Policy Committee has kept the repo rate unchanged at 8.25-percent, leaving the prime lending rate at 11.75-percent. Saftu’s national spokesperson, Trevor Shaku, says a restrictive monetary policy harms growth prospects and hurts the working class more than any other section of the economy. […]

todayNovember 24, 2023 12

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