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Future Media

1717 Results / Page 115 of 191

Background

World

Hurricane Beryl hits Caribbean

Hurricane Beryl has smashed into the eastern edge of the Caribbean. It is the strongest hurricane to pass through the region according to data that goes all the way back to 1851. The Category 4 hurricane brought winds of 240 kilometers an hour. The storm made landfall initially on Carriacou [KER-E-KOO] Island on Monday morning local time according to the National Hurricane Center. Florida couple - Cole Crews and his […]

todayJuly 2, 2024 20

South Africa

Ramaphosa’s New Cabinet Announcement Sparks Rally in South African Markets

In S.A, President Cyril Ramaphosa's new cabinet announcement has sparked a significant rally in South African shares and bonds, easing investor concerns. Key positions were given to business-friendly opposition politicians, with Enoch Godongwana retained as Finance minister. This move signals a continued commitment to prudent fiscal policy. Economist Dawie Roodt says bond yields fell, and the Johannesburg Stock Exchange's all-share index rose:  

todayJuly 2, 2024 9

Africa

Tearfund Aid Workers Killed in Attack on Convoy in Eastern DRC

Two employees of the Britain-based aid agency Tearfund were tragically killed in an attack on their convoy in eastern Democratic Republic of Congo, the charity confirmed on Monday to Reuters. The workers had traveled from Lubero to Butembo city in conflict-ridden North Kivu province when the incident occurred on Sunday. Details of the attack were not disclosed, but the region has long been plagued by conflict involving multiple armed groups […]

todayJuly 2, 2024 65

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 17

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 8

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 20

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 22

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