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

FUTURE MEDIA NEWS

4348 Results / Page 81 of 484

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Business / Economics

Namibians Need N$36,000 Monthly to Qualify for N$1-Million Home Loan, Reveals Affordability Crisis

Salomo Hei, Economist and Managing Director at High Economic Intelligence, has highlighted that Namibians need a monthly income of N$36,000 to secure a N$1-million home loan, exposing the worsening affordability crisis in the country reports The Brief. Hei attributes the steep cost of housing to the sharply rising price of land. He also noted that high interest rates and restricted access to financing have made homeownership increasingly unattainable for many. […]

todayAugust 29, 2024 25

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South Africa

Uncertainty Surrounds ActionSA’s Position Ahead of No Confidence Vote Against Tshwane Mayor Cilliers Brink

In S.A, the ANC’s motion of no confidence against Tshwane mayor Cilliers Brink will be on council's agenda this week, with the vote scheduled for today. Uncertainty remains about ActionSA’s stance, whether they will align with the ANC or stay with the DA-led coalition. Brink has stressed the importance of stable governance in the city:  

todayAugust 29, 2024 7

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Africa

Over 31 Million Nigerians Face Acute Food Shortages Amid Security Challenges and Subsidy Removal

The Nigerian government reported that over 31.8 million Nigerians are facing acute food shortages due to ongoing security issues and the removal of fuel subsidies, according to CNBCAfrica. This figure marks a significant rise from the 18.6 million reported by the U.N. World Food Programme in late 2023. The worsening crisis has led to increased malnutrition, especially among women and children.

todayAugust 29, 2024 5

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World

UN halts World Food Programme conveys in Gaza

The World Food Programme has paused the movements of its employees in Gaza until further notice. This after a WFP team came under fire on Tuesday night a few metres from an Israeli checkpoint at the Wadi Gaza bridge. The United Nations has once again called on all parties to the conflict to respect international humanitarian law. Jody Jacobs reports from the United Nations in New York.  

todayAugust 29, 2024 9

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Business / Economics

Air Cargo Demand Surges in July, Marking Strong Year for the Industry

The International Air Transport Association's July analysis shows a 13.6% increase in air cargo demand compared to July last year, marking the eighth consecutive month of double-digit growth. The air cargo sector is benefiting from global trade expansion, booming e-commerce, and maritime shipping constraints, setting the stage for a robust year. IATA's Public and Media Relations Advisor, Linden Birns.  

todayAugust 29, 2024 24

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Business / Economics

29 August 2024 Morning Biz News: Namibian Oil Reserves Boost Local Bonds; MTN’s New Appointments; Dollar Steady; Nvidia Surges

  Namibian Oil Reserves Drive Local Bond Index Surge The discovery of substantial crude oil reserves in Namibia has ignited interest in Namibian assets, notably boosting an index fund tracking local government bonds. The Exchange Traded Fund, listed on both the Namibian and South African stock exchanges, has surged over 20% in U.S. dollar terms since Galp's announcement in April of the Mopane field potentially holding at least 10 billion […]

todayAugust 29, 2024 19

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Africa

Fitch Warns Mpox Virus Spread in Sub-Saharan Africa Could Worsen Regional Fiscal Strain

Reuters reports that the rapid spread of the mpox virus across sub-Saharan Africa may exacerbate the fiscal challenges already faced by many countries in the region, that's according to a statement by ratings agency Fitch. Earlier this month, the World Health Organization declared mpox a global health emergency after a new strain spread from the Democratic Republic of Congo to neighboring countries.

todayAugust 29, 2024 50

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South Africa

S.A President Calls for Stronger Government-Business Partnership to Drive Inclusive Growth

South Africa's President, Cyril Ramaphosa emphasized the importance of strengthening government-business partnerships to drive inclusive growth. At the Business Unity South Africa annual general meeting, he highlighted the need for collaboration to create jobs, reduce poverty, and invest in technology and renewable energy. Ramaphosa also called for ongoing support in skills training and small business development to promote equitable prosperity and sustainable economic progress for all citizens.  

todayAugust 29, 2024 8

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Business / Economics

Namibia to Host Inaugural Global African Hydrogen Summit in September

From 3rd to 5th September, Namibia will host the Global African Hydrogen Summit, the first platform dedicated to unlocking green energy opportunities for African governments. The three-day event will focus on attracting critical investments and financing into bankable green energy projects, promoting Namibia's green hydrogen sector, and positioning Africa as a global green energy hub. Green Hydrogen Commissioner James Mnyupes on expectations:  

todayAugust 29, 2024 24

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