insert_link Business / Economics Minister Shiimi Unveils N$100 Billion Budget with Focus on Development and Growth Finance and Public Enterprises Minister Iipumbu Shiimi presented a N$100 billion budget to the National Assembly for the fiscal year 2024/25, with over 20% earmarked for economic and infrastructural development. Emphasizing the theme ‘Continuing the Legacy of President Hage Geingob by Caring for the Namibian Child,’ Shiimi highlighted specific provisions for infrastructure development to address gaps and boost Namibia’s economic growth objectives. The budget allocates N$20.9 billion for FY2024/25 and […] todayFebruary 29, 2024 11
insert_link World Wildfires rip through US state of Texas Wildfires are rapidly spreading through the US states of Texas and Oklahoma, prompting people to flee their homes and businesses. On Tuesday a nuclear weapons plant suspended operations, with nonessential staff evacuating the premises. Sally Patterson has more. todayFebruary 29, 2024 15
insert_link World McConnell announced he’s stepping down after longest stint representing party in Senate US Senate Minority Leader Mitch McConnell is leaving his role in November. He's just spoken saying he still has faith in the good of the U.S., as the leading country of the world. That optimism from the 82-year-old despite recent divisions within the Republican party and questions over whether he would endorse presumptive candidate Donald Trump. Caroline Malone reports. todayFebruary 29, 2024 11
insert_link South Africa SA’s Safety Prioritized for SAPS Personnel as Head Office Takes Urgent Action SA's National Police Commissioner Fannie Masemola announced swift measures to prioritize the safety of South African Police Service personnel at the head office in Pretoria. This response follows a prohibition notice at SAPS’ Telkom Towers, leading to the evacuation of personnel due to identified deficiencies. The proactive approach ensures business continuity as support divisions relocate to alternative premises. Police spokesperson Athlenda Mathe confirms active collaboration with the Department of Public […] todayFebruary 29, 2024 5
insert_link Namibia EXCLUSIVE INTERVIEW: Activist Rosa Namises Critiques Namibia’s National Budget and Calls for Action In a heartfelt commentary on Namibia's national budget, activist Rosa Namises expressed her disappointment, particularly regarding the anticipated increase in the old age pension. Promised by the late president, the expectation was for a substantial raise, but the reality turned out to be a mere 200 Namibian dollars. Namises questioned when and why this change occurred, emphasizing the impact it would have on the elderly population, who are already […] todayFebruary 29, 2024 23
insert_link Interview Transcripts EXCLUSIVE INTERVIEW: Activist Rinaani Musutua Criticizes Namibia’s National Budget and Socio-Economic Disparities In a passionate and critical address, activist Rinaani Musutua expressed deep disappointment with the recently announced national budget by Namibia's Minister of Finance, Iipumbu Shiimi. Musutua specifically highlighted the inadequate increase in the old age pension, a decision that deviates from the promises made by the late President Hage Geingob. The activist voiced concerns about growing socio-economic disparities, the lavish lifestyles of government officials, and the urgent need for […] todayFebruary 29, 2024 16
insert_link World Biden & Trump win Michigan primary despite challenges US president Joseph Biden won Michigan's Democratic primary, while Donald Trump won the Republican contest. Biden faced opposition from the state's Arab American population over the Israel-Gaza conflict, with many in the state marking their ballot for "uncommitted" rather than Biden. Nick Harper reports. todayFebruary 29, 2024 17
insert_link South Africa Transnet Welcomes Michelle Phillips as New CEO and Nosipho Maphumulo as CFO South Africa's Public Enterprises Minister, Pravin Gordhan, has appointed Michelle Phillips as the new CEO of Transnet. With over 20 years of experience at the state-owned entity, Phillips previously served as the acting CEO following high-level resignations last year. Additionally, has been appointed as Transnet's Chief Financial Officer. Minister Gordhan expresses confidence that these appointments will steer the entity strategically and facilitate the execution of ongoing reforms, according to department […] todayFebruary 29, 2024 9
insert_link 2 Business / Economics Local Economics Analyst on Namibia’s Record-Breaking N$100.1 Billion Budget Unveiled by Finance Minister Shiimi Finance and Public Enterprises Minister Iipumbu Shiimi presented Namibia's largest-ever annual budget on Wednesday, outlining a projected government spending of N$100.1 billion for the 2024/2025 financial year. Cirrus Capital economist Robert McGregor provides insights. todayFebruary 29, 2024 39 2