Government Boosts Social Assistance As Activists React

Government Boosts Social Assistance As Activists React

In response to the growing demand for social support, the government has earmarked an additional N$139 million to broaden the reach of the monthly Conditional Basic Income Grant of N$600 for more urban beneficiaries. Moreover, N$117.8 million has been allocated to the Poverty Eradication and Social Welfare arm of government to ensure continued coverage of Old Age Social Grants for senior citizens. Activist Rinaani Musutua:

October 31, 2024 13

Business / Economics

South Africa nears compliance with the Financial Action Task Force’s financial crime requirements

South Africa is close to meeting the Financial Action Task Force's requirements to combat financial crimes like money laundering and terrorism financing. In his first medium-term budget policy statement for the seventh administration, Finance minister Enoch Godongwana said only six items remain to be addressed by February next year, with 16 of the 22 requirements already fully or mostly completed:

October 31, 2024 12

Africa

Nigeria’s Dangote Oil Refinery Holds 500 Million Litres of Petrol

Nigeria's Dangote oil refinery possesses a reserve of 500 million litres of petrol, according to its billionaire founder, refuting assertions from marketers that they require additional imports to address fuel shortages. CNBCAfrica indicates that, in response to the situation, Nigeria's President, Bola Tinubu, convened a meeting on Tuesday in Abuja with oil regulators, the head of the state-owned NNPC, the finance minister, and Aliko Dangote.

October 31, 2024 6

World

Kamala Harris promises to be a President ‘for all Americans’.

US Vice-President Kamala Harris and former President Donald Trump are hot on each other's heels today, campaigning in the same battleground states with less than a week to go until polls close. The White House hopefuls will both be in Wisconsin and North Carolina, having laid out their 'closing arguments' to the American people in past days. Benji Hyer reports.

October 31, 2024 17

Africa

U.S Reiterates Support for Nigeria’s Clamor for U.N Security Council Membership

The United States has again reiterated its support to Nigeria's call for inclusion in the membership of the United Nations Security Council. Tesem Akende reports.

October 31, 2024 8

Namibia

LPM’s Mootu Criticizes Mid-Term Budget as “Missed Opportunity”

Utaara Mootu of the Landless People's Movement criticized the mid-term budget, calling it insufficient for addressing the nation's pressing economic and social issues. She raised concerns about delayed unemployment data, claiming it leaves voters uninformed. Mootu emphasized that housing, education, agriculture, electrification, and SME support require urgent, transformative action rather than continued promises. She concluded by urging the government to prioritize meaningful reforms that provide justice and dignity to citizens. […]

October 31, 2024 14

World

UK Labour Government Unveils Budget with Tax Increases and Expanded Borrowing

October 31, 2024 11

World

US VP Harris last push to voters in DC address

Kamala Harris has framed Donald Trump as a threat to democracy in a major speech in the heart of the nation's capital. On Tuesday night, the US Vice-President delivered her 'closing argument' to voters at the Ellipse, a site next to the White House where then President Trump addressed a mob of his supporters before they launched a deadly riot on Congress in an attempt to overturn the outcome […]

October 30, 2024 14

South Africa

OUTA Calls for Budget Focus on S.A’s Corruption and Economic Stability….

The Organisation Undoing Tax Abuse has urged Finance Minister Enoch Godongwana to prioritize anti-corruption efforts in the medium-term budget policy statement, advocating for reduced spending on non-core state-owned entities. Meanwhile, agriculture organization TLU SA expects the budget to focus on economic growth and stability in light of the changing political climate. TLU SA’s Bennie van Zyl emphasized the importance of enhancing security and economic confidence in South Africa.

October 30, 2024 17