insert_link Namibia LPM Applauds Electoral Commission’s Approval Of Political Party Access to Registration Process In a recent development hailed as a significant step forward in democratic participation, the Electoral Commission of Namibia has responded positively to a request from the Landless People's Movement to grant political parties access to the registration process. The oragnization's Ivan Skrywer, expressed his enthusiasm and added this concern. todayJune 4, 2024 27
insert_link Africa Uganda’s LGBTQ Community Faces Over 1000 Cases of Rights Violations in Nine Months A recent report by a pressure group sheds light on the harrowing reality faced by Uganda's sexual minorities, with more than 1000 documented cases of arrests, torture, and forced evictions in the past nine months alone. Reuters reports that since Uganda's parliament initiated discussions on an anti-homosexuality law last year, members of the Lesbian, Gay, Bisexual, Transgender, and Queer community have been increasingly targeted, highlighting a distressing trend of human […] todayJune 4, 2024 10
insert_link South Africa South Africa Sets New Free Basic Electricity Rate at 194.40 Cents per Kilowatt-hour Nersa, the National Energy Regulator of South Africa, has given the go-ahead for a new national free basic electricity rate of 194.40 cents per kilowatt-hour, set to take effect from the beginning of the next month. This rate will dictate how municipalities compensate Eskom for providing essential electricity services to qualifying households, covering necessities like lighting and water heating. In response to changing economic conditions, Nersa is also reevaluating the […] todayJune 4, 2024 13
insert_link World U.N says Israel not allowing educational material into Gaza The UN's office for the Coordination of Humanitarian Affairs fears that an entire generation of children in Gaza will be scarred for life. Speaking to reporters from Jeruasalem on Monday, OCHA's Head in the Occupied Palestinian Territory says learning materials and basic educational supplies are being barred from entering the enclave by Israel as Jody Jacobs reports. todayJune 4, 2024 20
insert_link Business / Economics 4 June 2024 Morning Biz News: Navigating the Winds of Change: Biz News Update In the ever-evolving landscape of global finance and politics, staying abreast of the latest developments is paramount for investors and businesses alike. Here’s a snapshot of the recent buzz in the business world: 1. First Capital Group’s Potential Listing on Namibian Stock Exchange First Capital Group finds itself at a crossroads, contemplating a listing on the Namibian Stock Exchange. The move comes in the wake of a lukewarm response […] todayJune 4, 2024 19
insert_link World Tech issue resolved in New York Stock Exchange The New York Stock Exchange says a technical issue which saw some stock prices swing wildly on Monday has been resolved Trading of certain shares was paused while the problem was addressed. Sally Patterson has more. todayJune 4, 2024 17
insert_link South Africa ANC Considers Confidence-and-Supply Agreement Amid Coalition Talks The African National Congress faces a pivotal moment as its national executive committee convenes today to explore potential coalitions following a disappointing election outcome, securing only 40.2% of the national votes. Senior ANC leaders are reportedly leaning towards a confidence-and-supply agreement, favoring a scenario where the ANC forms a minority government. Under this arrangement, opposition partners would align with the ANC on critical decisions such as confidence motions and budgets, […] todayJune 4, 2024 30
insert_link Business / Economics Private Sector Credit Growth Remains Modest in April In April, private sector credit extension grew by 1.6% year-on-year, showing a slight improvement from the 1.3% growth recorded in March. However, this figure represents a significant decline from the 2.5% year-on-year growth seen in April 2023. The PSCE growth rate remains below the six-month moving average and is the second-lowest rate recorded in 2024. Simonis Storm Economist- Halleluya Ndimulunde. todayJune 4, 2024 60
insert_link Namibia Namibian Leaders Praise South Africa’s Peaceful Elections as ANC Loses Majority President, Nangolo Mbumba congratulated South Africa for the peaceful conduct of their recent national elections, highlighting the importance of maintaining order during such processes. Despite the ruling African National Congress losing its parliamentary majority with only 40% of the vote, Mbumba emphasized elections should renew mandates without causing harm. Elsie Nghikembua, Chairperson of the Electoral Commission, also lauded South Africa's electoral process and noted valuable lessons for Namibia's upcoming elections, […] todayJune 4, 2024 14
