insert_link Business / Economics Victims Families “Dissatisfied” with Reported Boeing Plea Deal Families of the victims from two major crashes involving Boeing aircraft are said to be unhappy with a plea agreement reportedly offered to the company in recent days. It comes as Boeing is under intense scrutiny for its safety protocols. Mitch McCann reports: todayJuly 2, 2024 11
insert_link South Africa South Africa’s Rural Development Organisation Warns of Increased Evictions Under New Agriculture Minister South Africa's Rural and Farmworkers Development Organisation has raised concerns over potential increased evictions and exploitation of farm workers under newly appointed Agriculture Minister John Steenhuisen. Criticizing the Democratic Alliance's historical stance towards labor unions and perceived lack of empathy for farm workers, the organisation's executive director, Billy Claasen, has called for urgent government intervention to safeguard the rights of farm workers amidst fears of neglect and heightened vulnerability under […] todayJuly 2, 2024 4
insert_link South Africa South Africa’s New Unity Government Sparks Cautious Optimism Amid Economic Concerns South Africa's new unity government, formed by President Cyril Ramaphosa with former opposition leader John Steenhuisen heading a key ministry, has garnered cautious optimism from industry and financial markets. Reuters reports that many citizens and political analysts express concerns about the coalition's ability to achieve economic growth and social reforms, marking the first coalition cabinet in three decades involving the Democratic Alliance and other parties. todayJuly 2, 2024 4
insert_link Africa Nigerian Customs Seize 800 Rifles in Container from Turkey Nigerian customs agents, led by Comptroller-General Bashir Adewale Adeniyi, intercepted over 800 rifles and 100,000 rounds of ammunition hidden within a shipping container on June 21. Reuters says, the weapons were concealed alongside furniture and other goods originating from Turkey, underscoring Nigeria's ongoing battle against firearm trafficking amid rising crime concerns. todayJuly 2, 2024 7
insert_link Business / Economics 2 July 2024 Morning Biz News: Namibian Stock Exchange Thrives, Dollar Strengthens Amid Global Financial Developments Namibian Stock Exchange Shows Strong Growth in Q1 2024 The Namibian Stock Exchange (NSX) has reported a robust performance in the first quarter of 2024, reflecting positive trends in market capitalization and trading volumes. According to The Brief, NSX's local board witnessed a notable increase in market capitalization, soaring to N$45 billion from N$38 billion in Q1 2023. This growth underscores a resilient market environment despite global economic uncertainties. The […] todayJuly 2, 2024 14
insert_link Business / Economics Namibia Sees Surge in Private Sector Credit Extension in May 2024 In May, private sector credit extension in Namibia rose to 3.2% year-on-year, up from 1.6% in April 2024 and 1.5% in May 2023, marking the highest increase this year and the highest since March 2023. Simonis Storm attributes this growth primarily to increased corporate demand, which surged to 4.7% year-on-year in May 2024, compared to 0.6% in April and a contraction of -3.4% in May 2023. Simonis Storm's Economist, Halleluya […] todayJuly 2, 2024 12
insert_link World Zelensky renews plea to use ATACMS inside Russian territory After a series of deadly attacks against Ukrainian cities over the weekend, Ukrainian president Volodymyr Zelensky reiterated calls to loosen restrictions on the use of long-range American missiles against targets inside Russian territory. Megumi Lim reports from Kyiv. todayJuly 2, 2024 18
insert_link Namibia Bank of Namibia Introduces Universal Instant Payment Programme for Enhanced Financial Access The Bank of Namibia hosted the industry kick-off for the Instant Payment Programme, a major initiative to improve financial inclusion and accessibility nationwide. The Instant Payment Solution, compatible with any device including non-smartphones, aims to ensure that vendors, taxi drivers, pensioners, and small business owners can use it easily. Sandra Garises, the Bank's principal communication officer. todayJuly 2, 2024 34
insert_link World Trump celebrates Supreme Court “big win” The US Supreme Court has granted former President Donald Trump limited immunity from prosecution for official acts taken while in office. The justices' landmark ruling on Monday, by a 6-3 margin, means a potential trial into his alleged attempts to overturn the 2020 election is further postponed. Benji Hyer reports from outside the Court in Washington. todayJuly 2, 2024 18
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
