insert_link Interview Transcripts EXCLUSIVE INTERVIEW: Landless People’s Movement Condemns NamDeb Housing Policy: A Case of Exploitation In a recent development concerning housing policies in Oranjemund, Namibia, the Landless People's Movement (LPM) has voiced its concerns over the actions of NamDeb, a diamond mining company operating in the region. Lifalaza Simataa, a prominent figure within the LPM, has raised alarm over NamDeb's decision to alter its housing arrangements for employees, shifting from providing accommodation and meals to now mandating employees to seek residency in company-owned flats at […] todayMarch 20, 2024 16
insert_link Business / Economics 20 March 2024 Morning Biz News: Latest Financial Highlights: Dividends, Solar Power Initiative, Oil Prices, and Market Trends FirstRand Namibia Announces Dividend Payment to Government Institutions Pension Fund: FirstRand Namibia has declared dividends amounting to over 321 million Namibian dollars to the Government Institutions Pension Fund. These dividends, stemming from the financial year ending June 2023, underscore the strong performance of FirstRand Namibia's diverse portfolio of financial services businesses. Noteworthy subsidiaries contributing to this success include FNB Namibia, RMB Namibia, WesBank Namibia, Ashburton Investments Namibia, and PointBreak […] todayMarch 20, 2024 15
insert_link Namibia Landless People’s Movement Raises Concerns Over Housing Policies in Oranjemund The Landless People's Movement has raised concerns over a recent housing policy change by NamDeb, a diamond mining company operating in Oranjemund. Lifalaza Simataa of the party has voiced alarm over NamDeb's decision to transition from providing accommodation and meals to requiring employees to seek residency in company-owned flats at their own expense. todayMarch 20, 2024 18
insert_link Business / Economics SA Retailer Confidence Wanes in Q1 Amid Election Uncertainty Despite heightened sales volumes, South Africa's retailer confidence has dwindled in the first quarter, likely due to consumer apprehension about purchasing significant items ahead of the national election. The Bureau for Economic Research's recent survey indicated a decline in confidence levels to 34 index points, with profitability remaining subdued. Nonetheless, non-durable goods retailers experienced improved volume growth, while textiles, clothing, and footwear retailers saw a resurgence in sales volumes. todayMarch 20, 2024 5
insert_link World Five US states hold primaries Voters in five US states are voting to choose who they want leading the Democratic and Republican parties in November's presidential election. It comes a week after President Joseph Biden and former President Donald Trump reached the required number of delegates to become their parties' nominees. Nick Harper reports from Washington. todayMarch 20, 2024 11
insert_link Namibia Namibia Launches National Coordination Mechanism for Decent Work in Fisheries Sector Namibia inaugurates the National Coordination Mechanism for Decent Work in the fisheries sector, a collaborative effort between the Ministry of Labour and the International Labour Organisation. Led by Minister Utoni Nujoma, the NCM aims to ensure compliance with international labour standards. Job Muniaro, Secretary General of the National Union of Namibian Workers, provides insights into the initiative. todayMarch 20, 2024 42
insert_link Business / Economics February 2024 Vehicle Sales Stable Year-on-Year, Surge Month-on-Month In February 2024, total new vehicle sales remained steady, reaching 1,102 units, almost matching the figures from the previous year, which stood at 1,103 units. This represents a slight contraction of 0.1% year-on-year but marks a significant increase of 16.0% month-on-month. Economist Halleluya Ndimulunde from Simonis Storm provides insights. todayMarch 20, 2024 24
insert_link World U.S Supreme Court approves controversial Texas law The U.S. Supreme Court has allowed a controversial immigration law in Texas to come into effect. Senate Bill 4 gives police the power to detain people suspected of crossing the border illegally. The Biden administration has tried to block the legislation. William Denselow reports from Austin, Texas. todayMarch 20, 2024 5
insert_link South Africa SA’s National Prosecuting Authority’s Investigates Speaker of National Assembly for Alleged Corruption South Africa's Parliament confirms that the National Prosecuting Authority's Investigating Directorate has conducted a search and seizure operation at the Johannesburg home of the Speaker of the National Assembly, Nosiviwe Mapisa-Nqakula. The probe is connected to alleged corruption during her tenure as Minister of Defence and Military Veterans. Parliament's spokesperson, Moloto Mothapo, asserts her innocence, stating that she fully cooperated during the search. He emphasizes that Mapisa-Nqakula remains committed to […] todayMarch 20, 2024 12
