insert_link Interview Transcripts INTERVIEW: Business and Economics Researcher Josef K. Sheehama on Investor Sentiment In a recent discussion, business and economics researcher Josef K. Sheehama delved into the complex dynamics of investor sentiment, particularly in the context of foreign investment in Namibia. The interview, held late on Sunday evening, highlighted the nuanced perspectives of investors as they navigate the uncertain political and economic landscape. Investor Hesitancy in Uncertain Times Sheehama pointed out that foreign investors are currently adopting a "wait and see" approach. […] today3 June, 2024
insert_link World WFP warns children are starving in Gaza The World Food Programme warns that children are starving in Gaza as they are not able to get sufficient aid into Gaza. Briefing correspondents in New York on Friday, the organisation's director in Palestine painted a grim picture of the situation describing it as "apocalyptic". Jody Jacobs reports for us from the United Nations in New York. today3 June, 2024
insert_link Business / Economics 3 June 2024 Morning Biz News: Market Insights: Choppies Leads Grocery Affordability, South Africa’s Political Landscape Sparks Market Jitters, Saudi Aramco’s Secondary Share Offering, and Dollar Softens Amid Stable U.S. Inflation 1. Grocery Supermarket Comparison: Choppies Leads Affordability Among the seven prominent grocery supermarkets in Windhoek, Choppies has consistently emerged as the most affordable option for standard groceries. According to recent data from The Brief, Choppies reaffirmed its position in May by offering the most cost-effective basket of standard groceries. The overall basket price decreased by 2.6% compared to the previous month, primarily attributed to a drop in vegetable prices per […] today3 June, 2024
Namibia Katutura Residents Committee Raises Concerns Over Windhoek’s Debt Write-Off Programme Shaun Gariseb, a member of the Katutura Residents Committee, provided an update on the City of Windhoek's debt write-off programme. The initiative, designed to alleviate financial burdens for residents, officially concluded on Friday, May 31. However, Gariseb highlighted several critical issues and concerns regarding its implementation and impact. today3 June, 2024
insert_link South Africa South Africa’s Electoral Commission has declared the 2024 general elections as free and fair South Africa's Electoral Commission has declared the 2024 general elections as free and fair. The voter turnout for these elections was 58.61-percent, much lower than the 66-percent in 2019. Over 16-million votes were cast. Speaking at the result announcement in Midrand yesterday evening, IEC CEO, Sy Mamabolo, says in an election the choice of the voter is sovereign and may not be negated. He adds that the voters who cast […] today3 June, 2024
insert_link Namibia Investor Concerns Rise Over South African Elections and Potential Impact on Namibia The change in South African leadership following the recent elections has left investors apprehensive about the stability of its democracy. Business and Economics expert Josef Kefas Sheehama has weighed in on the potential effects this could have on Namibia, given that the Namibian Dollar is pegged to the South African Rand on a 1:1 basis. today3 June, 2024
insert_link Namibia Fuel Prices for Diesel and Petrol to Remain Unchanged The Mines and Energy ministry has announced that fuel prices for both Diesel and Petrol shall remain unchanged. The organization's Economist- Taramaris Amadhila. today3 June, 2024
insert_link Namibia Urban Minister Commends Seafarers Federation for Housing Initiative at Walvis Bay Urban and Rural Development Minister, Erastus Uutoni, commended the Seafarers United Land Housing Federation for their work in alleviating poverty and addressing housing issues in Walvis Bay. Founded in 2021, the federation focuses on creating housing solutions for fishermen by acquiring and developing municipal land. During a fundraising gala, Uutoni highlighted the importance of decent housing as a national right and recognized the federation's efforts in providing hope and better […] today3 June, 2024
insert_link World U.S President criticises what he calls “reckless” and “dangerous” efforts to paint Donald Trump’s trial as “rigged President Biden criticized attempts to portray Donald Trump's trial as biased, calling them "reckless" and "dangerous." Trump's historic criminal conviction for attempting to influence the 2016 Presidential election underscores the principle that no one is above the law. It marks the first time in U.S. history that a former or sitting President has been convicted of a crime. Trump faces three more criminal trials as he continues his political endeavors. […] today3 June, 2024
