COURT RESTRAINS RESIDENT DOCTORS FROM EMBARKING ON STRIKE. (PHOTO).

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 COURT RESTRAINS RESIDENT DOCTORS FROM EMBARKING ON STRIKE  The national industrial court Abuja division has restrained all members and agents of the national association of resident doctors from calling, directing, organizing, participating in, and embarking upon any form of industrial action.  Justice Emmanuel Danjuma Subilim gave the order in an interim injunction filed by the federal government through the office of the attorney general of the federation and minister of justice.  The court temporally barred members of the association from embarking on any form of strike, work stoppages, go-slows, picketing, or any other form of industrial protest or disruption. The association is equally restrained from taking steps preparatory to any form of industrial action from the 12th day of january, 2026. The interim order remains in force pending the hearing and determination of the motion on notice fixed for the january 21, 2026. The association had earlier threatened to...

NAMIBIA MAKES HISTORIC $750 MILLION DEBT PAYMENT IN A SINGLE DAY. (PHOTO).


 Namibia Makes Historic $750 Million Debt Payment in a Single Day


Namibia has made history by fully settling a $750 million Eurobond in just one day, marking the largest single-day debt payment in the country’s history.


According to the Ministry of Finance and Public Enterprises, about $444 million of the amount was drawn from a government reserve account specifically set aside for debt repayments. The move demonstrates Namibia’s strong fiscal discipline and commitment to managing its national debt responsibly.


Meanwhile, in South Africa, the World Bank has approved a R15.7-billion loan to support a six-year programme focused on improving service delivery in major cities. This comes amid inflation concerns raised by Finance Minister Enoch Godongwana. The new funding follows a R26-billion loan granted in June 2025 for energy and transport reforms, bringing South Africa’s total borrowing from the World Bank this year to over R40 billion.


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