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FutureMedia Namibia

58 Results / Page 1 of 7

Background

Namibia

Financial Constraints Stifle SWAPO’s Plans for Extraordinary Congress

SWAPO faces financial hurdles preventing the organization of an extraordinary congress aimed at electing a new party president following the death of Hage Geingob. While some members pursue legal avenues for a leadership change, the endorsement of Netumbo Nandi-Ndaitwah without a congress sparks allegations of constitutional violations. Internal documents reveal SWAPO's financial woes, with the party admitting a lack of funds necessary for the congress. Despite previous lavish spending on […]

todayMay 7, 2024 7

World

U.S and Philippines practice coastal defense Inbox

The annual joint military exercises between the Philippines and the United States are set to wrap in the next few days. The drills come amid rising tensions in the South China Sea, following an incident last week in which the China Coast Guard used water cannon attacks on Philippine vessels. Laura Westbrook has more.  

todayMay 6, 2024 13

Namibia

Liquidated SME Banker Accused of Failing to Repay Stolen Funds, Alleges Coercion

Enock Kamushinda, a Zimbabwean banker and minority shareholder in the liquidated SME Bank, agreed to repay N$140 million of the N$247 million stolen from the bank. However, he only paid back N$3 million, claiming coercion and invalidity of the settlement agreement. The High Court of Zimbabwe documents reveal his fear of arrest and deportation. The bank's liquidator denies these claims, stating Kamushinda provided no evidence. Kamushinda, accused of masterminding the […]

todayMay 6, 2024 27

Namibia

PDM President Urges Accelerated Investment in Irrigation Infrastructure for Agricultural Transformation

McHenry Venaani, President of the Popular Democratic Movement, stresses the need to prioritize and expedite investments in irrigation infrastructure to drive agricultural transformation and sustainable growth. Speaking in the National Assembly, Venaani advocates for the adoption of innovative water-saving technologies and the strengthening of capacities across agricultural sectors. He highlights evidence from across Africa, showing that nations with robust irrigation strategies have not only mitigated hunger but also decreased dependence […]

todayApril 26, 2024 10

Namibia

Political Analyst talks SWAPO, the Current Election Campaigns, and the Utilization of its Former Presidents

In a recent discussion, political analyst Ndumba Kamwanya offered valuable insights into the dynamics of Namibian politics, particularly regarding the deployment of veteran leaders within the ruling party, SWAPO in their election campaigns. Kamwanya noted that while S.A's ANC has successfully deployed figures like former President Thabo Mbeki, a similar scenario is unlikely in Namibia.

todayApril 23, 2024 15

World

Nippon Steel faces presidential opposition to U.S Steel takeover

Nippon steel’s $14 billion acquisition of U.S Steel is coming under increased scrutiny as U.S President Joseph Biden vows to block the deal. The Japanese company has responded to opposition from both Biden and Republican presidential candidate Donald Trump by saying the purchase would benefit US workers. Chris Gilbert reports from Tokyo.  

todayApril 18, 2024 13

Namibia

Otjikoto B2Gold Mine’s Voluntary Retrenchment Process to Extend far into 2024

Namasiku Nalisa, the Public Relations Manager for B2Gold Mine Namibia, revealed that the voluntary retrenchment process at Otjikoto B2Gold Mine near Otjiwarongo, initiated in March last year, is anticipated to continue throughout 2024. Nalisa explained that the current phase remains voluntary, with compulsory retrenchments slated for 2025. Approximately 300 employees, primarily from the open pit mining department, are impacted by the retrenchments, stemming from the decline in gold deposits.

todayApril 18, 2024 16

South Africa

The S.A Public Servants Association expresses deep concern over proposed tax hikes to fund the National Health Insurance scheme

The S.A Public Servants Association expresses deep concern over proposed tax hikes to fund the National Health Insurance scheme. The association cites the financial strain on South Africans amidst economic challenges as the funding model lacks sustainability and disproportionately burdens the poor. The association warns that tax increases could exacerbate financial hardships. It has urged the government to explore alternative funding methods and prioritise job creation to alleviate pressure on […]

todayApril 17, 2024 5

South Africa

S.A’s Transport minister Sindisiwe Chikunga says the discontinuation of e-tolls is a triumph for democracy

S.A Transport minister Sindisiwe Chikunga says the discontinuation of e-tolls is a triumph for democracy. She oversaw the actual switching-off of the e-tolls at the South African National Roads Agency’s Central Operations Centre in Gauteng yesterday evening. She also visited the gantries on the N1 South Buccleuch Interchange. There has been an outcry over motorists still being liable to pay their e-toll debts. Chikunga says determining the fate of outstanding […]

todayApril 12, 2024 18

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