insert_link Interview Transcripts INTERVIEW: Professor Basilius Kasera Criticizes Overpayment of Public Servants In a candid and critical address, Professor Basilius Kasera has highlighted the growing concern over the overpayment of senior officials in the Namibian government. Speaking on July 17, 2024, Kasera emphasized the unsustainable financial burden these high salaries and extensive benefit packages place on the national budget. Kasera began by pointing out that the compensation for senior government officials is significantly higher than what the government can afford. He […] todayJuly 18, 2024 51
insert_link World Xi Jinping set to lay out vision for China’s economy as key meeting wraps up China's President ,Xi Jinping will unveil his long-term vision for China's economy as the third plenum wraps up. The ruling Communist Party is set to publish a document on Thursday — typically written in cryptic and sweeping language — offering the first glimpse of what some 400 officials discussed behind closed doors during the four-day meeting in Beijing. Laura Westbrook has more from Hong Kong. todayJuly 18, 2024 26
insert_link Health / Medical Namibia on Track to End AIDS by 2030, Says Health Minister Health and Social Services minister, Kalumbi Shangula, stated that if the current rate of acquired immune deficiency syndrome progression continues, ending AIDS as a public health threat by 2030 is achievable. He reported a significant decrease in HIV-AIDS-related deaths in Namibia.Shangula emphasized that Namibia has made significant strides in controlling AIDS, with more than 90% of those on antiretroviral treatment showing a suppressed viral load. He expressed optimism that if […] todayJuly 18, 2024 21
insert_link Business / Economics 11-18 July 2024 Weekly Economics Wrap: Cross-Border Green Hydrogen Pipeline Feasibility Study Advances Amid Economic Shifts Across Southern Africa and Global Markets Namibia-South Africa Green Hydrogen Pipeline Feasibility Study The Mines and Energy Ministry of Namibia has announced plans to conduct a N$5 million feasibility study for a cross-border green hydrogen pipeline linking Namibia and South Africa. This initiative, overseen by Namibia's Green Hydrogen Programme, follows the signing of a Memorandum of Understanding between the two nations at the May 2024 World Hydrogen Summit. South African Economic Highlights Rand Strengthens on U.S. […] todayJuly 18, 2024 13
insert_link South Africa Former president Jacob Zuma’s ANC disciplinary hearing has been postponed to next week In S.A, Former president Jacob Zuma’s ANC disciplinary hearing has been postponed to next week Tuesday. He did not attend the virtual disciplinary hearing with controversial ANC member Tony Yengeni representing him. Zuma is facing disciplinary action after he was charged with misconduct for publicly stating he intended to vote for the MK Party in the general election. The MK Party says the former president wants the hearing only to […] todayJuly 18, 2024 9
insert_link Africa Zimbabwe Commits to Backing New Currency with Reserves Zimbabwe's central bank governor reassured Reuters on Wednesday that the government remains committed to backing its new currency, called Zimbabwe Gold or ZiG, with reserves. This commitment, he stated, aims to build trust among the population. ZiG marks Zimbabwe's sixth attempt at a local currency in 15 years, launched in April following periods of hyperinflation under former leader Robert Mugabe. todayJuly 18, 2024 13
insert_link World Jack Smith appeals dismissal of Trump’s classified documents case Special Council Jack Smith is trying to keep Donald Trump's classified documents case alive. He filed an appeal on Wednesday after a Trump appointed judge threw the case out earlier in the week. Toni Waterman has more. todayJuly 18, 2024 6
insert_link Namibia UNAM Professor Criticizes Overpayment of Senior Government Officials Professor Basilius Kasera from the University of Namibia highlights the issue of overpayment for senior government officials, stressing its burden on the national budget. He points out the high cost of benefits for ministers and retired presidents, calling for austerity measures to control spending and cut unnecessary expenses. Kasera argues that the lavish lifestyle of top officials contrasts sharply with the average Namibian's life and advocates for reduced salaries and […] todayJuly 18, 2024 20
insert_link Business / Economics 18 July 2024 Morning Biz News Biz News Roundup: Key Financial Developments Building Approvals Surge in Windhoek The City of Windhoek has approved 928 building plans in the first half of 2024, valued at N$921.9 million, as reported by The Brief. This represents a 1.4% increase in the number of plans and a substantial 30.0% increase in their value compared to the same period in 2023. However, IJG Securities highlighted a 16.3% decrease in the number of approvals and a marginal 0.1% […] todayJuly 18, 2024 16
