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

FUTURE MEDIA NEWS

4348 Results / Page 44 of 484

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Business / Economics

Simonis Storm Analyst Weighs In on Potential Repo Rate Cut

Analysts expect the Bank of Namibia Monetary Policy Committee to announce a 25-basis point cut in the repo rate this Wednesday. The Brief says, however, Simonis Storm Securities Junior  Economist, Almandro Jansen warned that while a cut is possible, it’s not guaranteed, with a likelihood just below 50%. He noted that inflation dynamics, particularly the recent decline in headline inflation, will significantly influence the MPC's decision.

todayOctober 16, 2024 10

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Business / Economics

IJG Securities, strongly anticipates a 25-basis point reduction in the repo rate

Eric Van Zyl, Managing Director Designate of IJG Securities, strongly anticipates a 25-basis point reduction in the repo rate during the upcoming Bank of Namibia Monetary Policy Committee meeting. According to The Brief, he cites several economic factors supporting this easing, including declining inflation trends and high real interest rates. He also emphasized that Namibia's uneven economic growth suggests a more accommodative monetary stance could stimulate broader economic activity.

todayOctober 16, 2024 7

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South Africa

MK Party has accused the Special Investigating Unit of being a presidential hit squad

The MK Party has accused the Special Investigating Unit of being a presidential hit squad, initiating investigations for political ends. The SIU delivered a presentation on its annual report to Parliament’s portfolio committee on Justice and Constitutional Development yesterday. The MK Party’s chief whip, Mzwanele Manyi, also expressed doubt about the independence of the SIU, since it relies on a proclamation being signed by the president before it can initiate […]

todayOctober 16, 2024 12

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South Africa

S.A Special Investigating Unit says it has recovered a record eight-billion-rand for the government

The S.A Special Investigating Unit says it has recovered a record eight-billion-rand for the government during the 2023/2024 financial year. This is a result of effective investigations, speedy litigation, and recovery processes. The bulk of the recoveries come from investigations into Transnet, Eskom, and the National Student Financial Aid Scheme. SIU head, Andy Mothibi, says they have also successfully set aside contracts and administrative action worth over 2.13-billion-rand through the […]

todayOctober 16, 2024 9

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Business / Economics

Bank of Namibia Set to Cut Repo Rate : Analaysts

Analysts anticipate that the Bank of Namibia Monetary Policy Committee will announce a 25-basis point reduction in the repo rate this Wednesday, the Brief says. If implemented, this adjustment would lower the rate from 7.50% to 7.25%. This potential decrease aligns with a broader trend of more accommodative monetary policies observed globally and regionally. The move follows the South African Reserve Bank's recent rate cut, sparking speculation about Namibia's next […]

todayOctober 16, 2024 7

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Namibia

Linda Baumann Calls for Enhanced Security for LGBTQAI+ Community

Human rights activist Linda Baumann sya there's an escalation in challenges faced by the LGBTQAI+ community in Namibia. Baumann emphasized the urgent need for security and support in an environment increasingly marred by discrimination and violence highlighting a troubling trend in recent months: the rising need for security and emergency response measures within the LGBTQAI+ movement.  

todayOctober 16, 2024 17

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World

US presses Israel to allow Gaza aid, and threatens to withhold arms

The United States is demanding Israel boost aid access to Gaza, and warns failure to do so would risk cutting off some US military assistance. In a letter, the Biden administration instructed its Middle East ally to act "within 30 days" on a series of concrete measures, expressing "deep concern" about the "deteriorating humanitarian situation" in the war-torn Palestinian territory. As Benji Hyer reports.  

todayOctober 16, 2024 5

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South Africa

Tourism Business Council of South Africa has welcomed the new White Paper on Tourism Development

The Tourism Business Council of South Africa has welcomed the new White Paper on Tourism Development, replacing the 1996 version. The white paper has been approved for public comment by cabinet. CEO Tshifhiwa Tshivhengwa told Newzroom Afrika that the update promotes transformation, and addresses key issues, including improved market intelligence, technology, and skills development to enhance tourism:  

todayOctober 16, 2024 13

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