Future Media

Tragedy Near Comoros Islands as Traffickers Capsize Boat, Killing 25

The UN’s migration agency, IOM, reported that at least 25 people died after traffickers deliberately capsized a boat near the Comoros islands on Friday night. Reuters has it that the incident, which took place between Anjouan and Mayotte, marks the third such tragedy in three months, raising alarms over increased trafficking risks in the region. IOM expressed sorrow over the incident and called attention to the urgent need for enhanced […]

5 November, 2024 16

South Africa

DA says it uncovered Eskom’s abandoned 840-million-rand Wilge residential project in Mpumalanga

DA says it uncovered Eskom's abandoned 840-million-rand Wilge residential project in Mpumalanga, revealing extensive waste of taxpayer money. DA spokesperson Kevin Mileham condemned Eskom for seeking a 40-percent tariff hike while neglecting this crumbling development. He says with additional losses totaling 24-billion-rand last year, the DA demands accountability and transparency from Eskom regarding its financial mismanagement and wasteful spending:

5 November, 2024 41

World

It’s Election Day eve in the United States

It's Election Day eve in the US and both Vice President Kamala Harris and former president Donald Trump are campaigning Monday in Pennsylvania, the battleground state with the largest number of electoral votes at stake. Kate Fisher reports from Washington:

5 November, 2024 42

Africa

Botswana’s New President Highlights Historic Peaceful Transition

Botswana's new President, Duma Boko, assumed office, commending his predecessor for enabling a peaceful transition of power following elections that ended his party's nearly 60-year rule. ENCA indicates that Boko praised the handover by outgoing President Mokgweetsi Masisi as a testament to Botswana's democratic maturity, setting a global example of stability and progress. He made his remarks at the presidential office during the formal transfer of administration.

5 November, 2024 23

South Africa

Eskom assures consumers that the fire at the Kriel power station in Mpumalanga will not impact power supply

Eskom has assured that the fire at the Kriel power station in Mpumalanga will not impact power supply. This follows after Unit 6 tripped due to the loss of hydraulic oil to the turbine valves. The fire was quickly extinguished by the station’s emergency team. No injuries occurred, and other units remain fully operational. Eskom's Daphne Mokwena highlighted that the current reserves are adequate to meet demand:

5 November, 2024 32

Business / Economics

5 November 2024 Morning Biz News Update: Key Financial Developments

In the past year, Namibia has witnessed a significant increase in credit extension, with a total of N$3.37 billion issued—almost double the amount from the previous year. According to The Brief, individuals accounted for N$1.90 billion of this credit, while corporations took up N$1.47 billion. Private sector credit has shown positive growth, rising by 0.6% month-over-month and reaching an annual growth rate of 3.0% by September 2024. Meanwhile, the South […]

5 November, 2024 19

Namibia

Roads Authority Graduation Ceremony Supports SMEs in Tender Processes

The Roads Authority hosted a five-day graduation ceremony in Windhoek aimed at empowering Small and Medium-Sized Enterprises with insights into tender processes. Spokesperson Hileni Fillemon provided further details on the initiative.

5 November, 2024 31

Namibia

NAMDIA Launches Global Client Registration Campaign for Local Rough Diamonds

NAMDIA has unveiled its New Client Registration campaign, which will run through January 31, 2025. The campaign is part of NAMDIA’s dedication to transparency and international growth, providing potential clients with an easy registration process on its website. NamDIA Chief Executive, Alisa Amupolo :

5 November, 2024 34

World

US election final day of campaigning

It's the final day of campaigning for the two hopefuls in the US presidential election, Donald Trump and Kamala Harris.They're targeting swing states that could give them the best chance of winning the White House. Nick Harper reports from Washington.

5 November, 2024 47