insert_link South Africa Eskom Enforces Stage Four Load-Shedding Due to Power Station Unit Loss Eskom announces the implementation of stage four load-shedding from 4 a.m. until further notice. The decision follows the loss of five generating units at the Kendal power station and a generating unit at the Duvha power station in Mpumalanga. Eskom assures that it will actively monitor the power system and communicate any significant changes to the grid promptly. todayFebruary 22, 2024 2
insert_link World Biden increases US port security over Chinese hacking fears US president Joseph Biden has signed an executive order to increase cybersecurity at America's ports. It comes in response to fears of hackers gaining access to vital infrastructure in the US that is Chinese-made. Nick Harper reports from Washington. todayFebruary 22, 2024 2
insert_link World Fears mount over further regional spillover in the Middle East Regional tensions are mounting after an alleged Israeli strike on a residential building in the Syrian capital Damascus on Wednesday, with state media reporting the blast killed two people. Violence is also increasing between Israel and Hezbollah, amid growing fears of a wider spillover from the war in Gaza. Sarah Coates has more from Tel Aviv. todayFebruary 22, 2024 8
insert_link Namibia Finance ministry announced Namibia’s dedication to aligning with international standards established by the Financial Action Task Force The Finance and Public Enterprises ministry has announced Namibia's dedication to aligning with international standards established by the Financial Action Task Force since December 2022. A thorough mutual evaluation spanning two years led to the adoption of the Namibia Mutual Evaluation Report by the ESAAMLG Council of Ministers on 2 September 2022. Ministry spokesperson Wilson Shikoto provides insights into this commitment. todayFebruary 22, 2024 10
insert_link Namibia DA Accuses ANC Policies of Exacerbating Unemployment Crisis as Michael Amushelelo weighs in on the Namibia front The Democratic Alliance contends that ANC policies are contributing to a surge in unemployment rates, citing a national unemployment rate of 32.1% that rises to over 41% under the expanded definition. The party criticizes the ANC for neglecting structural barriers, highlighting that 69.1% of young people, according to the fourth quarter Labour Force Survey, are unable to contribute to the economy. Michael Saddam Amushelelo shares insights on Namibia and its […] todayFebruary 22, 2024 2
insert_link Namibia Increased Traffic Expected for Late President Hage Geingob’s Funeral, MVA Fund Urges Caution As the funeral proceedings for the late President Hage Geingob draw near, the Motor Vehicle Accident Fund anticipates heightened traffic flow into Windhoek through various routes. In response to this, the MVA Fund's CEO, Rosalia Martins-Hausiku, strongly encourages all motorists and road users to exercise utmost caution, patience, and vigilance during this period. todayFebruary 22, 2024 6
insert_link South Africa SA’s IFP Deputy President Criticizes 2024 Budget Speech as Political Maneuver Ahead of Elections Inkosi Buthelezi, the deputy president of the Inkatha Freedom Party, has characterized the 2024 budget speech as a political stunt in anticipation of the elections. Expressing disappointment with the economy's downturn and the underperformance of various departments despite allocated funds, Buthelezi voiced concerns about the government's plan to utilize 150 billion rand from the Gold and Foreign Exchange Contingency Reserve Account due to lower-than-expected growth and a revenue shortfall. todayFebruary 22, 2024 2
insert_link World UK Sanctions Russian Prison Officials Over Navalny’s Death The UK has announced sanctions against Russian prison officials in connection with the death of jailed opposition figure Alexei Navalny. The British Foreign Office says the UK is the first country to impose sanctions in response to the death of Navalny last week. Simon Gaitán reports. todayFebruary 22, 2024 2
insert_link Business / Economics Driving Economic Transformation: Namibia’s Strategic Moves, South Africa’s Inflation Trends, and Global Financial Indicators In the dynamic landscape of global economics, strategic initiatives play a pivotal role in shaping the future prosperity of nations. In this article, we delve into three key developments that are currently influencing economic dynamics: Namibia's focus on dry ports and railway upgrades, South Africa's inflation trends, and the latest global financial indicators. Namibia's Economic Transformation: Analysts are highlighting the transformative potential of prompt execution of dry ports and […] todayFebruary 22, 2024 12
