insert_link Business / Economics New CPI Figures in US Show Prices Fell in June New figures show US inflation cooled in June, while the Consumer Price Index rose 3 percent on an annual basis. Some financial experts are suggesting the new numbers could prompt the Federal Reserve to finally cut interest rates in the coming months. With the report, here's Mitch McCann: todayJuly 12, 2024 10
insert_link Namibia Amendment to Electoral Act Allows Public Service Members to Run for National Assembly Without Resigning The Urban and Rural Development minister, Erastus Uutoni, introduced an urgent amendment to Section 77 of the Electoral Act, allowing remunerated public service members to be nominated for National Assembly elections without resigning from their jobs. The Electoral Amendment Bill enables these members to use their leave days during the election period and return to their positions if they do not secure a seat. This change aims to uphold constitutional […] todayJuly 12, 2024 14
insert_link World More witness testimony expected in Alec Baldwin trial Alec Baldwin's trial on involuntary manslaughter charges continues at a district court in Santa Fe, New Mexico. The actor was holding the prop gun loaded with a real bullet that killed cinematographer Halyna Hutchins on the set of the movie Rust two years ago. Ira Spitzer has more. todayJuly 12, 2024 8
insert_link South Africa Western Cape Education Department says schools in the Cape Winelands and Overberg education districts will remain closed Western Cape's Education Department says schools in the Cape Winelands and Overberg education districts will remain closed tomorrow. This decision follows severe weather conditions that have caused extensive road damage and flooding, posing safety risks for learners and teachers. Education MEC, David Maynier says affected schools are expected to reopen on Monday, pending ongoing assessments and repairs to damaged infrastructure across the province: todayJuly 12, 2024 9
insert_link Namibia Oshikoto Regional Council Urges Engagement of Councillors in Regional Activities Samuel Shivute, Chairperson of the Oshikoto Regional Council, emphasized the importance of ministries and agencies involving regional councillors in local activities. Shivute's statement came during a meeting in Omuthiya, where he addressed issues arising from the Ministry of Gender Equality, Poverty Eradication, and Social Welfare's failure to identify beneficiaries for its income-generating activities programme in the region. The programme aims to empower individuals and communities through support initiatives. todayJuly 11, 2024 11
insert_link Business / Economics 4-11 July 2024 Weekly Economics Wrap: Insights from Namibia, South Africa, Africa, and Beyond Namibia's Commercial Agricultural Land Prices Surge Recent data from the Namibia Statistics Agency reveals a notable surge in the prices of commercial agricultural land across the country. Over the past eight years, prices have risen by 21.1%, culminating in a national index of 121.1 basis points in 2023. This upward trend underscores sustained growth in the agricultural sector, reflecting robust investor confidence and potential implications for the broader economy. […] todayJuly 11, 2024 5
insert_link South Africa DA’s Ian Cameron Assumes Chairmanship of S.A Police Portfolio Committee In South Africa, DA member of Parliament, Ian Cameron, the new portfolio committee on Police chairperson, says he is ready for the work ahead to create a safer country. A former crime activist, he has in the past been very vocal about the police’s failures, specifically under the leadership of former minister, Bheki Cele. Cameron says the committee plans to provide proper oversight of the police service and hold it […] todayJuly 11, 2024 39
insert_link World Japan investigates intrusion into Chinese waters Japan is investigating how one of its destroyers intruded into Chinese waters. The Maritime Self Defense Force vessel Suzutsuki was monitoring war drills when it entered Chinese territory without permission last week. Chris Gilbert reports todayJuly 11, 2024 15
insert_link South Africa ANC Denies Coercion by Big Business in Government Partnership with DA ANC secretary general Fikile Mbalula has dismissed claims that they were forced by big business to work with the DA in the government of national unity. Of the 32 ministerial posts and 43 deputy minister posts the DA got six ministers and six deputy ministers in the new cabinet. In an interview with the SABC, Mbalula says there is an over-exaggeration about capital and those who own the means of […] todayJuly 11, 2024 18
