insert_link South Africa SA’s Homeowners Await Financial Relief as Reserve Bank Keeps Rates Unchanged South Africa's BetterBond has announced that homeowners will need to wait longer for financial relief as the South African Reserve Bank's Monetary Policy Committee has unanimously decided to maintain the repo rate at 8.25%. Similarly, the prime lending rate will remain at 11.75%. Interim CEO of BetterBond, Bradd Bendall, expressed hope for a rate cut this month due to a drop in inflation expectations for the next two years. However, […] todayMarch 28, 2024 52
insert_link Namibia Mass Registration Campaign Yields Over 24,000 National Documents Issued The Home Affairs, Immigration, Safety, and Security ministry has successfully issued national documents to over 24,000 individuals across the country. Margaret Kalo, the ministry spokesperson, confirmed this in on Wednesday, highlighting the launch of a mass registration campaign for national documents in all 14 regions of the country. Initiated on February 5, 2024, the campaign is set to conclude on July 30th this year. Kalo added that thus far, 9,881 […] todayMarch 28, 2024 25
insert_link World Hunter Biden to challenge tax evasion charges in court U.S President Joseph Biden's son Hunter will ask a U.S. judge to dismiss the criminal case accusing him of evading more than a million dollars in $1.4 million in taxes. Lawyers for Hunter Biden argue that prosecutors bowed to political pressure from Republican lawmakers investigating his father. Kate Fisher reports from Washington. todayMarch 28, 2024 35
insert_link Uncategorized Landless People’s Movement Continues Raising Concerns Over Oranjemund Mine Workers Lifalaza Simataa of the Landless People's Movement recently addressed the challenges faced by mine workers in Oranjemund, particularly regarding their accommodation and treatment by Namdeb. Speaking on behalf of the party, Simataa highlighted the alarming situation surrounding the eviction of mine workers from their hostels and the subsequent demands by Namdeb for payment towards accommodation. todayMarch 28, 2024 24
insert_link South Africa General Industries Workers Union of South Africa Condemns Job Losses The General Industries Workers Union of South Africa has decried the loss of 194,000 jobs in the fourth quarter of 2023, pointing out a 1.8% decline in the labor force. Mametlwe Sebei, the union's president, has attributed this to neocolonial capitalism and the ANC's neoliberal policies. Sebei advocates for the nationalization of key sectors and prioritization of job creation, particularly in industries like construction. Urgent action, he emphasizes, is necessary […] todayMarch 28, 2024 30
insert_link South Africa Freedom Front Plus in SA Condemns Expropriation Without Compensation The Freedom Front Plus in South Africa has vehemently opposed expropriation without compensation, stating that it would further deteriorate the country after 30 years under ANC rule. The party has once again rejected the Expropriation Bill in the National Assembly, even after it was referred back with amendments by the National Council of Provinces. While the bill aims to expropriate land and property in the public interest, the FF Plus […] todayMarch 28, 2024 21
insert_link Business / Economics Weekly Economics Wrap: March 21-28, 2024 As the global economic landscape continues to evolve, this week's wrap-up brings forth significant developments from Namibia, South Africa, across Africa, and internationally. From record-breaking achievements in the mining sector to ambitious economic reforms and market movements, here's a glimpse of the key highlights: Namibia: Andrada Mining's Milestone Performance: Andrada Mining proudly announced record-breaking production figures for the fiscal year 2024 (FY24), accompanied by a robust cash balance of […] todayMarch 28, 2024 15
insert_link Namibia Economist Discusses Potential Impact of Electricity Supply Concerns on Namibia As winter approaches, concerns arise regarding the supply of electricity from neighboring countries, particularly South Africa. Robert McGregor, an Economist from Cirrus Capital, sheds light on the potential impact this could have on Namibia's electricity supply. todayMarch 28, 2024 35
insert_link Namibia Enhancing Healthcare: New Blood Donation Center Opens in Namibia In a notable development aimed at improving healthcare services in Namibia, the Blood Transfusion Service of Namibia and the Namibia Oncology Centre are pleased to announce the opening of a new blood donation center at the Namibia Oncology Centre premises, situated at in Eros. The inauguration of the donor center is scheduled for Wednesday, April 3. Here's NamBTS' Zita Tobin. todayMarch 28, 2024 45
