insert_link Africa South Africans uncertain about two-pot retirement system The two-pot retirement system comes into effect on 1 September 2024 in South Africa. It allows people to withdraw a portion of their retirement funds before reaching retirement age. The rest will be preserved to sustain them post-retirement. However, many South Africans remain concerned as to how it will work and its impact. We asked Local Pension Fund Expert Arthur Kröhnert for his opinion on the matter. todayApril 23, 2024 43
insert_link Local TRUSTCO Group solidifies insurance and property holdings with strategic transaction. Trustco Group Holdings Limited (Trustco) today announced its acquisition of an additional 11.35% interest in Legal Shield Holdings Limited (Legal Shield) from Riskowitz Value Fund LP (RVF) for NAD 468 million. This will increase Trustco’s holding in Legal Shield to 91.35%. The strategic transaction fortifies Trustco's investment footprint in the insurance and real estate sectors in Namibia, both primed for substantial growth in the post-pandemic landscape. The coveted […] todayApril 23, 2024 7
insert_link Local Mopane exploration campaign that has yielded promising results The National Petroleum Corporation of Namibia: NAMCOR (10%) and its partners Galp Energia (80%) and Custos Energy (10%) are pleased to announce the successful completion of the first phase of the Mopane exploration campaign marking a significant milestone in Namibia’s oil and gas sector. The Mopane-1X Well Testing operations revealed substantial oil columns containing light oil in high-quality reservoir sands at two different levels: AVO-1 and AVO-2. This […] todayApril 22, 2024 9
insert_link Local Miller, Baber victorious in the Nedbank Namibia XC1, UCI C1, and UCI Junior Series XCO Namibia's Alex Miller and South Africa’s Lilian Baber won the elite men and women’s races in the 2024 Nedbank Namibia XC1 Union Cycliste Internationale (UCI) C1 and UCI Junior Series XC0 races that were held at the IJG Trails in Windhoek last week Saturday. Miller led from start to finish as he led fellow countryman Kevin Lowe to a one-two finish ahead of South Africa’s Michael Foster […] todayApril 22, 2024 14
insert_link World Future Media News, Week in Review: top Stories – April 15th to April 20th, 2024 https://youtu.be/qYQUw_VZXhA 🌍 Welcome to Future Media News! In this week's "Week in Review," we bring you the latest updates on the most significant events shaping the world, from the heart of Namibia to international headlines. Namibia Suspends Uranium Exploration: Fears of groundwater contamination halt Russia's atomic energy agency's activities. Minister Calle Schlettwein explains. Local Content Conference: Dr. Leake Hangala discusses efficient local development in Namibia's oil and gas sector. […] todayApril 19, 2024 23
insert_link Lifestyle “As a minister, the buck stops with me” – Emma Theofelus https://youtu.be/9vQ6rtuoVM4 By Finna Kahili via News on One Unlike her previous position as deputy minister of information and communication technology, Emma Theofelus, who has now been elevated to minister, says the public has shown some level of confidence in the leadership of young people, especially women. In a recent interview, Theofelus shared insights on how she has transitioned in her role and what her day is […] todayApril 19, 2024 69
Local Children in the wilderness annual eco-camps back in full swing Now in its twenty-second year, Children in the Wilderness (CITW) has proudly hosted more than 270 children, teachers, and Eco-Mentors at its annual 2023/24 Eco-Camps over the past few months. These four-day environmental leadership camps host the most deserving CITW Eco-Club members from its partner primary schools across all Wilderness’ areas of operation in Africa. “As our flagship programme for the Educate pillar of our Impact strategy, these Eco-Camps […] todayApril 18, 2024 12
insert_link Local Nedbank Namibia XC1, UCI C1 and UCI Junior Series XCO set for this weekend. The Namibia Cycling Federation and Rock & Rut Cycling Club are set to host the 2024 Nedbank Namibia XC1 Union Cycliste Internationale (UCI) C1 and UCI Junior Series XCO races this Saturday at the IJG Trails in Kleine Kuppe. This is the second round of the five races in the Nedbank XC series and the only one that will see cyclists score International Cycling Union (UCI) points. The […] todayApril 18, 2024 22
insert_link Namibia South African Transport Minister Extends Best Wishes to Namibia and Botswana for Upcoming National Elections During the 20th anniversary celebrations of the Memorandum of Understanding between South Africa, Namibia, and Botswana for the Trans Kalahari Corridor Secretariat, Transport Minister Sindisiwe Chikunga conveyed warm regards to Namibia and Botswana as they prepare for their respective National elections later this year. Chikunga, speaking through a representative, expressed confidence in South Africa's own electoral process, assuring the neighboring countries of free and fair elections. She emphasized South Africa's […] todayApril 17, 2024 52