Financial experts say Russians need emergency funds regardless of their income level. Associate Professor Meri Valishvili from the Plekhanov Russian University of Economics recommends keeping about six months of salary saved as a safety net. Even smaller amounts help protect against unexpected expenses. People with loans should aim for larger reserves compared to those who only pay for basics like food and utilities, who might need just three months of salary saved.
Setting aside 10 percent of each paycheck can create this financial buffer. The Bank of Russia reports that citizens currently maintain an average emergency savings of 145 thousand rubles. Recent data shows varying savings goals among St. Petersburg residents. Financial...
President Nandi-Ndaitwah stressed mineral value remains key to changing Namibia's economy. She visited the Rössing Uranium Mine on Saturday to show her government wants natural resources to help Namibians, especially young people. She made clear that business practices must change as the Swapo Party plans to use resource processing to create jobs. The president wants mining to become the foundation for building industrial capacity across the country.
She praised Rössing Uranium for lasting through challenges and extending operations until 2036. She asked mining companies to invest locally through jobs, training, scholarships, and youth businesses. The president believes workers deserve fair wages, good housing, and proper retirement...
Etosha National Park received two trucks from the Environment and Tourism Ministry on Saturday. The vehicles will help with anti-poaching work, road care, fence fixes, and general park maintenance. Environment minister Indileni Daniel said the trucks will support efforts against poachers, maintain tourist roads and fences, create firebreaks, and preserve the park.
The ministry bought a Mercedes-Benz 33 Series Dropside Truck and a Powerstar Chassis Cab Water Tank Truck through the Game Products Trust Fund for N$7 million. The trucks will bring water to anti-poaching teams and workers in the field, assist fence construction crews, and help with road upkeep. They might also serve other national parks when needed. Daniel asked staff to use...
Police officials identified two people who died in Friday's crash on the new Okahandja-Windhoek A1 Road. Senior inspector Maureen Mbeha named Helmut Andreas, 55, and Hans Dhamona Petrus, 25, as victims. The third person who lost their life was a four-month-old baby boy whose name remains unknown. All three passed away immediately when their double-cab vehicle flipped and rolled twice.
Officers believe a tire burst caused the driver to lose control of the car. The vehicle carried ten people, including the driver at the time of the accident. Six passengers suffered serious injuries, and another had minor injuries. Medical teams transported all hurt passengers to Okahandja State Hospital after the incident. Police continue looking into...
Local authorities need N$500 million to fix roads damaged by recent rains. Twenty local councils have asked for this money from the Road Fund Administration, but RFA head Ali Ipinge says they cannot provide extra cash. The administration already gave N$600 million this financial year for road upkeep nationwide. Ipinge mentioned they will ask the government for additional funding as consultations continue. He urged councils to focus on filling potholes instead of building new roads.
The national roads budget faces similar problems. The Roads Authority set aside N$230 million to repair rain-damaged roads in northern regions, though N$467.1 million is actually required. Windhoek city estimates N$324 million in total repair costs...
Kenya might face more problems with Sudan after reports say Nairobi will host another meeting of Sudanese rebel forces. Sudan's government strongly criticized this plan on Saturday. They accused Kenya of supporting what they call a terrorist militia.
The Sudanese foreign ministry claimed Kenya shows disregard for international rules. They said these actions threatened regional security. Sudan referred to earlier meetings in Kenya that attempted to establish what critics call a parallel government.
Meanwhile, Prime Cabinet Secretary Musalia Mudavadi heads to London on Tuesday for a Sudan conference. His office said Kenya welcomes all Sudanese stakeholders from both sides to help end the war. Kenya supports a unified Sudan with a...
Sungura musician Tatenda Pinjisi fights for his life in intensive care at Sally Mugabe Central Hospital after a deadly crash that killed three people on Saturday. The accident happened around 7 pm past Norton tollgate on the Harare-Bulawayo highway. His bassist Naison Tembo, drummer Prosper, and a woman passenger died in the collision. Pinjisi was driving the vehicle with band members heading to a scheduled performance in Kadoma. The funerals for Tembo and Prosper were planned for the next day.
Pinjisi remains on oxygen with multiple fractures to his thighbone, kneecap, and left arm. The crash occurred when an oncoming Hino truck tried to overtake another vehicle, resulting in a head-on collision. Other injured band members include...
A headmaster at Allan Wilson High School faces serious allegations of sexual abuse involving a student. The school leader reportedly exploited a vulnerable teenager seeking educational opportunities. Zhou allegedly promised to cover the student's school expenses in exchange for inappropriate sexual encounters.
Court documents reveal multiple incidents of alleged sexual assault between 2022 and 2023. The student claims Zhou repeatedly abused him at school locations, including the laundry room and during a school trip to Victoria Falls. The headmaster reportedly threatened the student to prevent reporting the incidents.
After being expelled from school, the student eventually sought help from authorities. He filed a police complaint...
Zimbabwean musician Chipfumo faced a challenging health crisis that forced him to seek medical treatment in the United Kingdom. Struggling with severe pain that hindered his ability to perform, he found the medical costs in his home country overwhelming. His condition became so critical that he collapsed multiple times during stage performances, leading to the cancellation of scheduled shows.
After successfully undergoing surgery last Friday, Chipfumo expressed deep gratitude to his family and God for supporting him through this difficult period. He remains committed to his band members, whom he considers family, and continues to support them financially from abroad. His recovery involves ongoing medical appointments, and he approaches...
