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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Future Media

2329 Results / Page 65 of 259

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Business / Economics

26 September-3 October 2024 Weekly Economics Wrap

  This week’s economic highlights reflect a mixture of local and international developments impacting investment, currency stability, and market performance across various sectors. Namibia's Investment Reluctance A significant portion of Namibians are hesitant to invest, with the 2023 Old Mutual Financial Services Monitor revealing that 37% of the population is unwilling to accept any investment risks. This trend is particularly pronounced among younger consumers, indicating a broader reluctance to engage […]

todayOctober 3, 2024 12

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World

Iranian ambassador to the United Nations says his country’s missile strike was a necessity

  Iranian ambassador to the United Nations, Amir Saeed Iravani, says his country’s missile strike was a necessity and a proportionate response to Israel's continuous aggressive terrorist acts of the past two months. Iran launched high-speed missile barrages at Israel on Tuesday night, Tehran’s largest-ever attack on its regional foe. Iravani told the UN Security Council that the only way to prevent further escalation is for Israel to immediately cease […]

todayOctober 3, 2024 30

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Namibia

Safland to Develop Five New Retail Centers, Including Goreangab Mall

Safland Property Group plans to develop five new retail shopping centers across Namibia, with construction on three set to begin next year. The Brief reports that the N$260 million Goreangab Mall in Windhoek, in partnership with Oryx Properties Limited, is one of the key projects, expected to open in May 2026. Bulk earthworks started on 2 September, with phase one scheduled for completion by November 2024. The 14,500-square-meter mall, anchored […]

todayOctober 3, 2024 16

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South Africa

Former EFF MP Khanyisile Litchfield-Tshabalala Joins MK

To South Africa, where former EFF member of Parliament and human rights activist Khanyisile Litchfield-Tshabalala has officially joined the MK Party. She announced her decision during an interview with fellow activist Ntsiki Mazwai on the Moya podcast. The former ANC uMkhonto we Sizwe operative and South African Navy's first female rear admiral expressed concerns over the current direction of parliament and the government's policies:  

todayOctober 3, 2024 46

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World

Thousands of US dock workers continue to strike

  Thousands of us dock workers are on strike for a second day, over better pay and automation. The International Longshoremen's Association told its members at 36 ports across the East and Gulf Coasts to stop working from Tuesday. Economists fear the disruption could impact the US economy and even global supply chains. President Joseph Biden is backing the workers, saying they should be offered a "strong and fair contract". […]

todayOctober 3, 2024 18

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Africa

Kenya’s Finance Minister Advocates for Lower Lending Rates Amid Falling Inflation

Reuters says Kenya's Finance Minister, John Mbadi, stated on Wednesday that the central bank should begin lowering its lending rate in light of declining inflation. The government aims for an inflation target of 2.5% to 7.5% in the medium term. In September, inflation decreased to 3.6% year-on-year, down from 4.4% in August and 4.3% in July. "The inflation rate is firmly under control now," Mbadi remarked during a Senate appearance.

todayOctober 3, 2024 4

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South Africa

South African National Christian Forum Seeks Clarity on Impeached Officials’ Eligibility for Parliament

The South African National Christian Forum is urging the Constitutional Court to clarify the law regarding the eligibility of impeached office bearers to serve as Members of Parliament. They are concerned about how the Western Cape High Court handled the case of impeached former Judge President John Hlophe. The forum’s Marothi Mashashane calls for clearer guidelines to prevent impeached individuals from serving in Parliament, advocating for potential amendments on eligibility: […]

todayOctober 3, 2024 15

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Africa

Over 100 Missing After Overloaded Boat Capsizes in Northern Nigeria

More than 100 people, primarily women and children, are missing after a wooden boat sank in the Niger River in northern Nigeria on Tuesday evening. Deutche Welle says, the boat, which was designed to carry only 100 passengers, was overloaded with nearly 300 people returning from a religious festival when it broke apart around 8:30 p.m. State emergency services official Salihu Garba confirmed that the excessive weight caused the tragedy. […]

todayOctober 3, 2024 13

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Business / Economics

3 October 2024 Morning Biz News: Key Updates from Namibia, South Africa, Zimbabwe, and the UK

  Namcor's Strategic Update The National Petroleum Corporation of Namibia (Namcor) has provided insights into its ongoing strategic efforts to emerge as a leading energy player in the region. Paulo Coelho, the Manager of Marketing, Communications, and Public Relations, emphasized that the company is concentrating on financial restructuring, improving operational efficiency, and enhancing accountability to elevate its performance. South Africa's Coffee Price Surge In South Africa, inflation has significantly impacted […]

todayOctober 3, 2024 20

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