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    Josia Shigwedha

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    Josia Shigwedha

FUTURE MEDIA NEWS

3981 Results / Page 67 of 443

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Africa

Kenya’s Finance Minister Advocates for Lower Lending Rates Amid Falling Inflation

Reuters says Kenya's Finance Minister, John Mbadi, stated on Wednesday that the central bank should begin lowering its lending rate in light of declining inflation. The government aims for an inflation target of 2.5% to 7.5% in the medium term. In September, inflation decreased to 3.6% year-on-year, down from 4.4% in August and 4.3% in July. "The inflation rate is firmly under control now," Mbadi remarked during a Senate appearance.

today3 October, 2024

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South Africa

South African National Christian Forum Seeks Clarity on Impeached Officials’ Eligibility for Parliament

The South African National Christian Forum is urging the Constitutional Court to clarify the law regarding the eligibility of impeached office bearers to serve as Members of Parliament. They are concerned about how the Western Cape High Court handled the case of impeached former Judge President John Hlophe. The forum’s Marothi Mashashane calls for clearer guidelines to prevent impeached individuals from serving in Parliament, advocating for potential amendments on eligibility: […]

today3 October, 2024

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Africa

Over 100 Missing After Overloaded Boat Capsizes in Northern Nigeria

More than 100 people, primarily women and children, are missing after a wooden boat sank in the Niger River in northern Nigeria on Tuesday evening. Deutche Welle says, the boat, which was designed to carry only 100 passengers, was overloaded with nearly 300 people returning from a religious festival when it broke apart around 8:30 p.m. State emergency services official Salihu Garba confirmed that the excessive weight caused the tragedy. […]

today3 October, 2024

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Business / Economics

3 October 2024 Morning Biz News: Key Updates from Namibia, South Africa, Zimbabwe, and the UK

  Namcor's Strategic Update The National Petroleum Corporation of Namibia (Namcor) has provided insights into its ongoing strategic efforts to emerge as a leading energy player in the region. Paulo Coelho, the Manager of Marketing, Communications, and Public Relations, emphasized that the company is concentrating on financial restructuring, improving operational efficiency, and enhancing accountability to elevate its performance. South Africa's Coffee Price Surge In South Africa, inflation has significantly impacted […]

today3 October, 2024

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South Africa

South African Zionist Federation has condemned Iran’s missile attack on Israel

The South African Zionist Federation has condemned Iran’s missile attack on Israel, calling it a dangerous escalation. The federation has criticised the South African government for their silence on the issue. The federation's Rolene Marks has urged government to denounce this act of war. She also highlighted Iran's destabilising role in the Middle East and emphasised Israel's right to self-defense:  

today3 October, 2024

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Business / Economics

Financial Institutions Supervisory Authority Designates October As Consumer Protection Month

The Namibia Financial Institutions Supervisory Authority has designated October as Consumer Protection Month to educate consumers about their financial rights and obligations. This initiative aims to raise awareness of the importance of protecting consumer rights, safeguarding against market misconduct, and ensuring consumers understand their responsibilities when interacting with financial institutions. NAMFISA spokesperson, Victoria Muranda.  

today3 October, 2024

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World

UN Security Council calls for restraint in the Middle East

The United Nations Security Council members have voiced concern over the escalating tensions in the Middle East. The council convened an emergency session on Wednesday following Iran's missile attack on Israel on Tuesday. Jody Jacobs reports from the United Nations in New York.  

today3 October, 2024

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Business / Economics

Food and Allied Workers Union Accuses Kavango Supermarket of Labour Act Violations

Jacob Penda, the general secretary of the Namibia Food and Allied Workers Union, has accused the management of Kavango Supermarket and Bottlestore (Kavango OK Foods) of violating the Labour Act. Penda condemned the recent suspension of 103 workers, stating that the management intimidated employees who had participated in a legal strike earlier this year. The suspensions were reportedly linked to their involvement in an unprotected strike.

today3 October, 2024