insert_link Business / Economics 24 September 2024 Morning Biz News: Bank Windhoek’s Sustainability Bond Success and Global Financial Updates Bank Windhoek’s Sustainability Bond Fully Allocated Bank Windhoek has fully allocated the N$407 million raised from its inaugural Sustainability Bond, issued in 2021. According to reports by The Brief, the bond was released in two tranches, with the first tranche raising N$227 million in June 2021, followed by a second tranche in December of the same year, raising N$180 million. This bond forms part of Bank Windhoek's efforts to […] todaySeptember 24, 2024 14
insert_link Business / Economics SWAPO Plans to Revive Air Namibia with New Strategy At the launch of SWAPO's election manifesto, Vice President and presidential candidate Netumbo Nandi-Ndaitwah outlined the party’s intention to revive Air Namibia reports the Namib Pulse. The airline, which shut down in 2021, had significant liabilities exceeding its assets and relied on government bailouts for over 20 years. The revival plan aims to avoid previous financial pitfalls with a more strategic approach. todaySeptember 24, 2024 11
insert_link World Security beef up around United Nations Precinct New York City's East side is gridlocked, as world leaders and their entourages descend on the city for annual United Nations High level week. Jody Jacobs reports from New York. todaySeptember 24, 2024 17
insert_link World Modi says Quad nations are “not against anyone” Indian prime minister Narendra Modi has said that the Quad group of nations - made up of the US, Australia, Japan, and India - is "not against anyone", as leaders from the bloc met over the weekend amid their concerns about China's rising influence in the Indo-Pacific region. Modi is on a three-day visit to the United States. Rebecca Bundhun reports from Mumbai. todaySeptember 23, 2024 19
insert_link South Africa United Africans Transformation Calls for Investigation into Rising Extortion in South African Municipalities South Africa's United Africans Transformation has called on the Special Investigating Unit and Auditor General to investigate rising extortion within municipalities. They revealed that corrupt officials are demanding bribes from businesses in exchange for payments, disrupting service delivery and hindering economic growth. The party’s spokesperson, Mighty Mabule also condemned construction mafias for disrupting infrastructure projects by demanding protection fees: todaySeptember 23, 2024 37
insert_link Namibia Director of Education in Oshikoto region emphasizes the importance of preserving local languages The Director of Education in Oshikoto region, Aletta Eises, emphasized the importance of preserving local languages to promote cultural heritage. She made the remarks during the celebration of Namibia Heritage Week at Olukonda constituency on Friday. todaySeptember 23, 2024 25
insert_link South Africa SA Government Praises Emergency Teams for Response to Severe Weather S.A government has commended emergency services teams in responding to situations due to the inclement weather conditions in parts of the country. Two people died in KwaZulu-Natal after being stranded in snow on the N3 highway, while parts of Gauteng, Eastern Cape, Mpumalanga and the Free State were also affected by snow. Government’s acting spokesperson, Nomonde Mnukwa, says although the roads are cleared, motorists are urged to drive cautiously as […] todaySeptember 23, 2024 20
insert_link World Birmingham Police and FBI Launch Manhunt After Alabama Shooting Leaves Four Dead, 18 Injured Birmingham police together with the FBI have launched a manhunt for suspects who shot and killed four people and injured 18 in Alabama. According to officials, multiple people drove up to the Five Points South area, got out of their vehicles, and began shooting, before driving away. Police believe the shooters were carrying out a hit on one person and the other victims were caught in the crossfire. Birmingham mayor […] todaySeptember 23, 2024 26
insert_link South Africa S.A’s President urges world leaders to confront and overcome global challenges including poverty S.A's President, Cyril Ramaphosa has urged world leaders to confront and overcome global challenges including poverty, emerging conflicts, and public health emergencies. He delivered South Africa's statement at the Summit of the Future currently underway in New York. This is where the United Nations General Assembly adopted the Pact for the Future. Ramaphosa says the pact is an opportunity to change and reinvigorate the multilateral system so that it is […] todaySeptember 23, 2024 28