insert_link Business / Economics 07 March 2024 Morning Biz News: Namibia’s Oshikoto Region Receives Boost with N$400 Million Investment in Otjikoto Biomass Power Station In a strategic move to combat energy supply shortages in the Oshikoto Region, the Namibian government has allocated a budget of N$400 million for the development of the 40-megawatt Otjikoto Biomass Power Station, located on the outskirts of Tsumeb. The announcement came from the Minister of Finance and Public Enterprises, Iipumbu Shiimi, emphasizing the government's commitment to enhancing the region's energy infrastructure. The Otjikoto Biomass Power Station is poised to […] todayMarch 7, 2024 18
insert_link World U.S National guard deployed to New York subway New York is deploying state police and the National Guard to help stem a surge in violent attacks on the city's subway system. There have been three homicides so far this year and last year 570 assaults were recorded. William Denselow reports from New York. todayMarch 7, 2024 30
insert_link South Africa SA’s Democratic Alliance has lodged a complaint with Parliament’s joint committee on Ethics and Members’ Interests regarding corruption allegations SA's Democratic Alliance has lodged a complaint with Parliament's joint committee on Ethics and Members' Interests regarding corruption allegations against National Assembly speaker Nosiviwe Mapisa-Nqakula. DA chief whip, Siviwe Gwarube, has emphasised the importance of upholding accountability and transparency in public office. She says the allegations against the speaker threaten the credibility of Parliament. Gwarube calls for a swift and comprehensive investigation to address the matter with seriousness and urgency. […] todayMarch 7, 2024 9
insert_link Namibia Multimillion-Dollar Rift Unfolds in State-Backed Military Construction Firm and Israeli Partners Over Power Station Tender Amidst a complex web of contractual disagreements, a state-owned military construction company finds itself at odds with its Israeli partners over a lucrative N$1.2 billion power station tender. The bone of contention? How the profits from this ambitious project should be distributed. August 26 Construction, a government-owned entity, is pushing for a considerable N$36 million share of the project's profits. However, this demand has encountered staunch resistance from its Israeli […] todayMarch 7, 2024 20
insert_link South Africa eThekwini Mayor Vows Legal Action Against Striking Municipal Employees Mayor Mxolisi Kaunda of eThekwini in South Africa asserts that all lawful measures will be pursued to compel employees participating in an illegal strike to return to work or potentially face dismissal. The municipality has secured an urgent Labour Court interdict against the striking workers affiliated with the South African Municipal Workers Union. According to the municipality's spokesperson, Gugu Sisilana, 20 of the striking workers have already been suspended. todayMarch 6, 2024 20
insert_link World HUNT SETS OUT BUDGET CONTAINING TAX CUTS UK Finance minister Jeremy Hunt is setting out a budget containing what he calls 'permanent' tax cuts. Opposition Labour says the Conservatives have a record of 14 years of 'economic failure'. It comes ahead of a general election due at some point this year. todayMarch 6, 2024 8
insert_link World Trump and Biden sweep Super Tuesday US president Joe Biden and former president Donald Trump have cemented their positions as the leading contenders to become the presidential nominee for their respective parties in November's US election. They both won nearly all their primaries across 16 states and one territory on so-called Super Tuesday - the biggest voting day of the nominating contests. Kate Fisher reports from Washington. todayMarch 6, 2024 22
insert_link South Africa Agricultural Union TLU SA Expresses Concerns Over Alarming Increase in Department of Agriculture’s Wasteful Expenditure Agricultural union TLU SA has raised concerns about the misuse of funds within the Department of Agriculture, as revealed in a parliamentary committee budget review and recommendations report. The report highlights a significant rise in wasteful expenditure from 33 thousand rand in the 2021-2022 financial year to a staggering 30 million rand in 2022-2023. Bennie van Zyl, spokesperson for TLU SA, attributes most of this wasteful spending to payments for […] todayMarch 6, 2024 31
insert_link Namibia Pastor Arrested for Alleged Rape of Two Women and a Minor in Omusati Region In the Omusati Region, law enforcement has detained a 34-year-old pastor and church proprietor accused of sexually assaulting two young women and a minor in Okandi village, Etayi Constituency, last month. According to Omusati's Regional Commander, Commissioner Ismael Basson, the suspect was apprehended at the church premises on Tuesday and is slated to appear in the Outapi Magistrate’s Court on Thursday. The victims include two young women aged 19 and […] todayMarch 6, 2024 14