FUTURE MEDIA NEWS Archives - Page 93 of 443

Ally Angula Criticizes Unequal Resource Distribution in Namibia, Calls for Poverty Eradication at BIG Coalition Event

Independent Presidential candidate, Ally Angula says Namibia's resources are not shared equally amongst citizenry to ensure poverty is eradicated. She was speaking at the Basic Income Grant Coalition event that hosted political party leaders and representatives in Windhoek.

22 August, 2024

Business / Economics

Fed minutes suggest rate cut on the cards

The Federal Reserve looks increasingly likely to cut interest rates at its next meeting in September. Minutes from the US central bank's July meeting, released on Wednesday, show most policymakers supported a reduction if inflation continued to cool. Here's the report with Sally Patterson.

22 August, 2024

Namibia

African Centre for Governance Says Namibia is ready for a smooth election

The African Centre for Governance team arrived in Namibia on August 18, to conduct a pre-election assessment mission. Election Expert, Tendai Mbanje explained that their mission, which runs until tomorrow, involves engaging with key electoral stakeholders, including the Electoral Commission of Namibia, the government, civil society, and political parties. The goal is to assess the country's preparedness for the upcoming elections and provide recommendations to ensure a credible electoral process. […]

22 August, 2024

Namibia

Namibia Targets 45% Local Service Provision in Oil and Gas Sector

Petroleum Commissioner, Maggy Shino announced that the country currently meets about 45% of the oil and gas industry's service needs. To further increase this capacity, the Ministry of Mines and Energy will create a supplier database and develop policies to boost local capabilities. The Ministry is focusing on advancing local content through updated policies and a comprehensive industrial survey. The upcoming phases will require significant investment, and the Ministry is […]

22 August, 2024

Business / Economics

15-22 August Weekly Economics Wrap: Global Market Movements and Strategic Investments Highlight Weekly Economic Developments

Namibian Gold Exploration and Energy Developments Wia Gold's Exploration Success: Australian gold exploration company Wia Gold has announced significant progress at its Kokoseb gold project. Recent drilling efforts have confirmed the presence of existing gold zones, uncovered high-grade mineralization at depth, and identified a new mineralized area in the eastern zone. This marks a pivotal development in Namibia's growing mining sector. NAMCOR's Strategic Investments Pay Off: The National Petroleum Corporation […]

22 August, 2024

Namibia

Political Parties and Independent Candidates Mobilize for Upcoming 2024 Election: Spotlight on Basic Income Grants and Coalition Building

As Namibia approaches the 2024 general elections, political parties and independent candidates are intensifying their campaigns, with a key focus on the implementation of a Universal Basic Income Grant (UBIG). Spearheaded by the Universal Basic Income Grant Coalition, this initiative has garnered substantial support, with prominent figures such as Job Amupanda of the Affirmative Repositioning (AR) movement, Esther Muinjangue, president of the National Unity Democratic Organization (NUDO), Vistoh […]

22 August, 2024

Africa

Niger Resumes Oil Exports via Benin After Dispute

Niger has restarted crude oil exports through Benin following a dispute that previously halted the flow via a Chinese-funded pipeline according to Reuters. The conflict arose from Niger's refusal to lift a ban on imports from Benin, leading to a block on exports through the PetroChina-backed pipeline in May. Niger had subsequently shut off the pipeline flow in June.

22 August, 2024

South Africa

Nobuhle Mthembu Elected as Johannesburg Council Speaker, Promising Accountability and Transparency

ActionSA's, Nobuhle Mthembu has been elected as the new speaker of the Johannesburg council, replacing Margaret Arnolds. Mthembu won 180 of the 248 votes against the DA's Nonhlanhla Sifumba. In her acceptance speech, Mthembu vowed to instill accountability and transparency, focusing on service delivery, inner-city rejuvenation, and law enforcement. She emphasised the urgency of addressing the city's challenges:

22 August, 2024

World

Violence costs the world nearly 20 trillion dollars

The UN Security Council on Wednesday heard that violence cost the world nearly 20 trillion dollars last year. The United Nations says that is 13.5 percent of global GDP. At a special high-level session of the council, Sierra Leone's Foreign Minister called on members to do more to prevent ever increasing conflicts around the world. Jody Jacobs reports for us from the United Nations in New York.

22 August, 2024