insert_link Namibia Deputy Minister Witbooi Calls for Policy Frameworks on Migration Challenges Deputy Minister of Home Affairs, Immigration, Safety, and Security, Lucia Witbooi, emphasized the need for countries to develop policy frameworks to address the challenges posed by increased migration. Speaking at a two-day workshop on counter-terrorism and migration in Windhoek, she noted the complexities of managing migration, particularly in southern Africa, where modern-day borders pose additional challenges. today27 September, 2024
insert_link South Africa South Africa’s Rise Mzansi calls for a crisis plan on stolen police firearms South Africa's Rise Mzansi calls for a crisis plan as stolen police firearms are fueling criminal activities. Reports indicate that 371 firearms and over 29-thousand rounds of ammunition were lost or stolen between October last year and March this year, with Gauteng recording the highest number of incidents at 121. The party’s Makashule Gana says the alarming statistics, disclosed by Police minister Senzo Mchunu, include rifles often used in […] today27 September, 2024
insert_link Interview Transcripts INTERVIEW: Rinaani Musutua: Tackling Namibia’s Hunger Crisis Through a Universal Basic Income Grant In an insightful interview with Rinaani Musutua, a prominent advocate for the Universal Basic Income Grant (UBIG) in Namibia, the current socio-political landscape was laid bare. As part of the Basic Income Grant Coalition, Musutua spoke passionately about the recent incident at a SWAPO rally where food was distributed in a manner that many found dehumanizing. For Musutua, this event was a clear indicator of the systemic issues plaguing […] today25 September, 2024
insert_link Business / Economics 25 September Morning Biz News: Global Markets Surge Amid China’s Stimulus, While Namibia’s Economic Growth Slows to 3.5% in Q2 Namibia's Economic Growth: The economy expanded by 3.5% year-on-year in Q2 2024, a slowdown from the 4.3% recorded in Q1 and slightly lower than the 3.6% growth in Q2 2023. This marks 13 consecutive quarters of growth since the Q1 2021 contraction. For Q2, nominal GDP reached N$59.5 billion, with real GDP standing at N$39.1 billion. Safaricom Raises $116.73 Million: Kenya's largest telecom operator, Safaricom, raised $116.73 million through […] today25 September, 2024
insert_link Business / Economics President Cyril Ramaphosa of S.A has set a new investment target of two-trillion-rand by 2028 President Cyril Ramaphosa of S.A has set a new investment target of two-trillion-rand by 2028, following the early achievement of South Africa’s previous 1.2-trillion-rand goal. The president, leading South Africa’s delegation to the 79th UN General Assembly, also rang the New York Stock Exchange closing bell, accompanied by NYSE president Lynn Martin and other officials. Speaking at the SA-US business forum, Ramaphosa invited US investors to explore opportunities in sectors […] today25 September, 2024
insert_link World High-Level UN Meeting Kicks Off in New York as Leaders Tackle Global Challenges Nearly 120 Heads of State and Government have gathered in New York for the High-Level UN meeting, where the general debate is set to begin. UN Secretary-General António Guterres urged member states to revive multilateralism amid global crises. US President Joe Biden is expected to address the Assembly on Tuesday. Jody Jacobs is there for us and now reports from the United Nations in New York. today25 September, 2024
insert_link Business / Economics Agronomic Board Chair Calls for Review of SACU Agreement to Enhance Trade Balance Hubertus Hamm, Chairperson of the Agronomic Board, has emphasized the need to review the Southern African Customs Union agreement to tackle ongoing trade challenges reports The Brief. He stated that Namibia, as a SACU member, seeks balanced trade and equitable development among member states. Hamm highlighted the importance of reforms to prevent any single member state from disproportionately benefiting, which could destabilize the region’s economic equilibrium. today25 September, 2024
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 […] today24 September, 2024
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. today24 September, 2024