insert_link South Africa Nedbank South Africa has rejected claims by the Special Investigating Unit and Transnet over rate swap transactions Nedbank South Africa has rejected claims by the Special Investigating Unit and Transnet over alleged 2.7-billion-rand interest rate swap transactions for one-thousand-and-64 locomotives. The case risks erasing 20-percent of Nedbank's 2023 earnings. SIU spokesperson Kaizer Kganyago told the SABC the swaps, linked to state capture between 2015 and '16, should be voided: todayJuly 30, 2024 10
insert_link Africa Human Rights Watch Says RSF Accused of Widespread Sexual Violence in Sudan Sudan's paramilitary, Rapid Support Forces have been accused of committing extensive sexual violence, including gang rapes and forced marriages, in the capital Khartoum during their conflict with the armed forces, according to a report by Human Rights Watch released on Monday as per Reuters. The report also mentioned some attacks attributed to the army, with the RSF allegedly holding women and girls in conditions that may constitute sexual slavery and […] todayJuly 30, 2024 5
insert_link World Biden wants to add Supreme Court term limits and prevent Presidential immunity U.S. President Joseph Biden is calling for changes to the Supreme Court including term limits for justices, and an ethics code, plus constitutional changes to prevent presidential immunity. It comes following the highest court's opinion on Donald Trump's election interference case, saying there is immunity for 'official acts'. Caroline Malone reports from Washington. todayJuly 30, 2024 9
insert_link World US presidential candidates drum up support US Vice President Kamala Harris' campaign has raised $200 million since President Joe Biden dropped out of the race and endorsed her, according to her team. The campaign says it has 170,000 new volunteers, and the "momentum and energy for Vice President Harris is real", according to its communications director. It comes after a weekend of campaigning for both Harris and former President Donald Trump, as the US presidential election […] todayJuly 30, 2024 9
insert_link South Africa S.A Political analyst has advised former president Jacob Zuma to accept his expulsion from the ANC S.A Political analyst, Ongama Mtimka has advised former president Jacob Zuma to accept his expulsion from the ANC. The ANC's national disciplinary committee found him guilty of misconduct. Zuma, who campaigned against the ANC with the MK Party, has 20 days to appeal. Mtimka urges Zuma not to appeal the expulsion: todayJuly 30, 2024 44
insert_link 4 Africa Ethiopia Secures $3.4 Billion IMF Agreement Amid Currency Reforms Ethiopia has reached an agreement with the International Monetary Fund for a new $3.4 billion financing program, as announced by the IMF on Monday says Reuters. This agreement follows Ethiopia's decision to float its birr currency, a significant move aimed at securing IMF support and advancing a long-overdue debt restructuring process. The country, grappling with high inflation and persistent foreign currency shortages, became the third African economy to default on […] todayJuly 30, 2024 7 4
insert_link Business / Economics 30 July 2024 Morning Biz News: Namibia’s Aquatic Exports Rise Despite Decrease in Landings; TotalEnergies Withdraws from South African Gas Block Namibia's Aquatic Exports Rise Namibia's export earnings from fish, crustaceans, molluscs, and other aquatic invertebrates reached N$4.1 billion in Q1 2024, a slight increase from N$4.0 billion in Q1 2023. Despite this, High Economic Intelligence (HEI) reports a 16.7% decrease in landings of quota species, down to 97,077 metric tons from 116,471 metric tons in the previous year. TotalEnergies Exits South African Offshore Gas Block TotalEnergies has announced its withdrawal […] todayJuly 30, 2024 22
insert_link Namibia U.S. to Provide $5 Million in Aid for Drought Relief U.S. Ambassador Randy Berry announced a $5 million aid package from the U.S. Agency for International Development to support Namibian communities affected by drought. This includes $100,000 for UNICEF to assess urgent nutritional needs in severely impacted districts. Tiffany Miller the U.S. Embassy Public Affairs Officer and Spokesperson. todayJuly 30, 2024 27
insert_link Namibia Voter Registration Hits 1.3 Million Ahead of Deadline With the General Registration of Voters concluding in three days, the Commission reports that 1,315,124 eligible Namibians have registered, including those abroad, representing 81% of the eligible voter population. Since the GRV began on June 3, 2024, there has been an average of 26,869 new registrations per day from July 22-27, 2024, showing a slight decline from the previous week’s turnout. The Commissions De Wet Siluka. todayJuly 30, 2024 18
