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    Josia Shigwedha

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    Josia Shigwedha

Future Media

2334 Results / Page 70 of 260

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Namibia

National Housing Enterprise Faces Declining Profitability and Liquidity Challenges

The National Housing Enterprise is experiencing continued profitability challenges, with operating losses amounting to N$38.2 million in 2023, following a larger deficit of N$87.7 million in 2022. The Brief reports that the Deputy Minister of Finance and Public Enterprises, Maureen Hinda-Mbuende, highlighted significant liquidity issues affecting the organization's ability to meet short-term obligations. Over the past five years, NHE's gross profit has fluctuated, declining from N$334.7 million in 2019 to […]

today1 October, 2024

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World

Ishiba becomes Japan PM

Japan is swearing in a new prime minister today. Shigeru Ishiba is beginning the role after winning the ruling party’s presidential election last week. From Tokyo, Chris Gilbert reports.  

today1 October, 2024

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Namibia

Namibia Progressive Party Plans N$30 Billion Loan Strategy to Address National Debt

The Namibia Progressive Party has announced its intention to borrow N$30 billion from global lenders to tackle the country's national debt if they secure presidential power. Namib Pulse says, of this amount, N$15 billion will be directed towards reducing part of the N$165.8 billion national debt, while the remaining N$22 billion is earmarked for infrastructure projects aimed at generating revenue to further pay down the debt. Penda Negonga, Co-Founder of […]

today1 October, 2024

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South Africa

South Africa’s Deputy President Outlines Strategic Priorities for Economic Growth and Development During UK Visit

South Africa's Deputy president Paul Mashatile says the government of national unity’s strategic priorities are to achieve sustainable economic growth, alleviate poverty, and develop an ethical, capable developmental state. He is currently on a working visit to the UK, which is one of South Africa’s most significant bilateral partners, particularly in trade, investment, tourism, and the Just Energy Transition. Speaking to Bloomberg, Mashatile says the government of national unity is […]

today1 October, 2024

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Namibia

Namibia Faces N$5 Billion Annual Loss Due to Inefficient Road Transport

Namibia stands to lose N$5 billion annually as a result of high road transport costs caused by inefficiencies and poor infrastructure, according to World Bank Senior Transport Specialist Justin Runji as per The Brief. Runji highlighted that these losses are largely due to increased expenses in fuel, maintenance, repairs, tires, insurance, and reduced productivity. Speaking at the Road Sector Policy Conference, he emphasized the urgent need for a transformative agenda […]

today1 October, 2024

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Namibia

City of Windhoek Urges Public to Avoid Street Donations

The City of Windhoek is advising the public against giving money to individuals begging on the streets, stating that such acts, although well-intentioned, perpetuate street begging and contribute to a cycle of poverty. Instead, the city encourages donations to registered organizations that can provide sustainable, long-term support to those in need. Independent presidential candidate Rosa Namises shared her perspective on this issue.  

today1 October, 2024

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South Africa

EFF in Gauteng says it is concerned about the Emfuleni Municipality’s failure to pay municipal workers

The EFF in Gauteng says it is concerned about the Emfuleni Municipality's failure to pay municipal workers their salaries this month, due to its dire financial state. This comes as Eskom recently attached the municipality’s four bank accounts due to an outstanding electricity debt of eight-billion-rand. The EFF’s, Baleni Dumisani, says at the core of the municipality's issues is a deeply entrenched culture of corruption among municipal officials and ANC […]

today1 October, 2024

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World

US president Joseph Biden has called Hurricane Helene history-making

US president Joseph Biden has called Hurricane Helene history-making with at least ten states impacted. About 116 people have died after Helene made landfall in Florida last Thursday. It began as a category four hurricane and became the most powerful on record to hit Florida's Big Bend, before moving north into Georgia, the Carolinas, and Tennessee. Biden, who is expected to visit communities hit by Helene later this week, says […]

today1 October, 2024