insert_link Namibia Poverty Deepens in Namibia as Elections Approach, with 1.7 Million Out of 2.8 Million Affected Speaking at the ANC's manifesto launch in the Northern Cape, secretary Fikile Mbalula affirms the ruling party's dedication to reducing the cost of living and addressing hunger in the country. Similar sentiments are echoed in Namibia by the SWAPO party-led government, as the nation approaches a concerning statistic of 1.7 million out of 2.8 million people living in poverty. Here's Dr. Ndumba Kamwanya, a Local Political Analyst. todayMarch 4, 2024 18
insert_link Interview Transcripts EXCLUSIVE INTERVIEW: Basic Income Grant Coalition’s South Visit: Advocating for Social Well-being and Rights In a recent interview with Claudius Riruako, a dedicated member of the Basic Income Grant Coalition, the focus was on the coalition's recent visit to the south of Namibia. The purpose of this trip was to engage with communities, spread awareness about the Basic Income Grant, and decentralize their efforts to touch more lives. Trip Highlights The coalition, in collaboration with university students from institutions such as UNAM, NAST, and […] todayMarch 4, 2024 81
insert_link Interview Transcripts EXCLUSIVE INTERVIEW: Business and Economics Researcher Joseph Sheehama Discusses the Viability of High-Speed Railways in Namibia In a recent interview, renowned business and economics researcher Joseph Sheehama shared his insights on the proposed high-speed railway connections between Windhoek and Okahandja, as well as Windhoek and Rehoboth. As an expert in economic development and infrastructure, Sheehama addressed the potential impact on employment, economic growth, and the overall feasibility of such projects. The Importance of Infrastructure Development: Sheehama emphasized the crucial role of infrastructure development in fostering economic […] todayMarch 4, 2024 50
insert_link Namibia Ministries Collaborate to Establish Special Economic Zones for Industrial Growth In a strategic collaboration between the Finance and Public Enterprises and Industrialisation and Trade ministries, Namibia is gearing up to establish Special Economic Zones aimed at fostering competitive industrial development. Finance Minister Ipumbu Shiimi announced that participants in these zones will enjoy a favorable corporate income tax rate of 20%, along with standard deductions for capital allowances and zero-rated VAT within the designated areas. Theo Klein, an economist from Oxford […] todayMarch 4, 2024 27
insert_link Business / Economics 04 March 2024 Morning Biz News: Financial Highlights: Schwenk Zement, Rand Stability, CBN Forex Crackdown, and Oil Price Surge 1. Schwenk Zement International Terminates Purchase Agreement In a recent development, Schwenk Zement International GmbH has officially terminated its purchase agreement with RWCo GmbH concerning shares in Schwenk Namibia (Pty) Ltd. The stumbling block cited by RWCo is the Namibian Competition Commission conditions linked to the deal's approval. RWCo argues that these conditions lack a legal basis under Namibian competition law. The termination brings an end to what was expected […] todayMarch 4, 2024 11
insert_link World Biden approves funding to prevent govt shutdown US President Joseph Biden has signed a bill that prevents a partial government shutdown taking effect on Saturday. The House and Senate both passed a measure on Thursday which extends the deadlines, with the aim of getting longer-term deals done in the coming weeks. Nick Harper reports from Washington. todayMarch 4, 2024 16
insert_link Namibia Minister Kawana Addresses Investigative Challenges: Over 4,000 Cases Pending Nationwide Minister of Home Affairs, Immigration, Safety, and Security, Albert Kawana, disclosed that 4,377 cases are currently under investigation by the Namibian Police nationwide. Speaking in parliament, Kawana attributed the delays in solving these cases to a lack of resources and manpower. Financial constraints, shortage of personnel, and logistical challenges were highlighted as the primary obstacles. The highest number of unsolved cases is in Khomas, totaling 2,736, followed by Oshana with […] todayMarch 4, 2024 23
insert_link South Africa UDM Leader Bantu Holomisa Declares Upcoming Elections Pivotal for South Africa’s History During the United Democratic Movement of SA's manifesto launch in Midrand, Johannesburg, party leader Bantu Holomisa underscored the significance of this year's elections as a pivotal moment in South Africa's history. Holomisa asserts that these elections could mark the end of the ANC's three-decade-long one-party dominance, accompanied by the eradication of the corruption tolerated during this period. He envisions this upcoming electoral milestone as an opportunity for the people of […] todayMarch 4, 2024 25
insert_link Namibia Persistent Withdrawal of Gender-Based Violence Cases Raises Alarm for Namibian Police Chief Inspector Ileni Shapumba, the Unit Commander for Community Policing in Erongo, Namibia, expresses deep concern over the ongoing trend of complainants withdrawing gender-based violence cases. Despite repeated police advisories that such cases should only be withdrawn in court, Shapumba highlights the disconcerting occurrence. The worry intensifies as two repeat offenders, previously involved in murder and attempted murder cases in Okombahe and Swakopmund, are reportedly released from custody following the […] todayMarch 4, 2024 18
