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27 February-6 March 2025 Weekly Economics Wrap: Insights from Global to Local Markets

 Offshore Ecosystem and the Risks of Overexploitation U.S.-based marine scientist, Dr. Vincent Pieribone, has sounded the alarm over the increasing risk of pollution and overexploitation of Namibia’s offshore ecosystem. The marine expert raised concerns that ongoing activities such as oil and gas exploration, fishing, and diamond mining threaten the delicate marine environment. Dr. Pieribone warned that these industries, while economically beneficial, could lead to irreversible damage to the country’s rich […]

todayMarch 6, 2025 44

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Namdia recovers N$40.6 Million in stolen diamonds as investigation continues

Namib Desert Diamonds (NAMDIA) has given an update on the armed robbery at its premises, confirming that diamonds worth N$40.6 million have been recovered out of the N$314.9 million stolen. The Namibian Police Force is leading the investigation, with two suspects arrested and scheduled to appear in court on 23 May 2025. The diamond marketing and sales company has reaffirmed its commitment to increasing security measures to prevent future incidents. […]

todayMarch 6, 2025 5

News

GIPF urges pensioners and beneficiaries to complete biometric verification

The Government Institutions Pension Fund (GIPF) has issued a reminder to all pensioners, children, and spousal beneficiaries to complete their Biometric Verification (proof of life) for the period ending 30 June 2025. Beneficiaries can visit their nearest GIPF office or use the GIPF mobile verification app to ensure uninterrupted benefit payments. Biometric verification is a crucial process that ensures pension payments are made to the rightful recipients. GIPF GM: Marketing […]

todayMarch 6, 2025 9

News

MPs Debate Pension Fund Reforms

Lawmakers are actively reviewing proposed amendments to the Members of Parliament and Other Office Bearers Pension Fund. The discussion is focusing on enhancing financial security for public office holders and ensuring sustainability. Some MPs are arguing for increased contributions, while others are raising concerns about fiscal responsibility. The reforms aim to balance long-term benefits with economic realities. A final decision is set to be made after further consultations.The post MPs […]

todayMarch 6, 2025 5

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Okawe kamwe komouwe ovo va vakwapo okudja mo Namdia kamonika

Ehangano lo Namdia ola shiivifa lamonapo okawe oko kali kavakwapo kongushu yee  N$40.6 million. Okawe oko kamonika oko mouwe vongushu yo shimaliwa shee N$314.9 va kala vehewetike. Oo eli omupopiliko wehangano lo Namdia, Beverly Coussement, okwe shikoleka momukanda oo apitifila oikundaneki ongula yonena. Nande ongaho ina yelifa kutya okawe akeshe kumwe oko ka vakelwepo okali kefike peni ile apopye opo kahangwa. Olopota yapitifwa nena oili yo tete taipitifwa kehangano lo […]

todayMarch 6, 2025 5

News

Milken-Motsepe Prize in FinTech Announces Three Finalists Competing for US $1 Million Grand Prize

  The Milken Institute and the Motsepe Foundation are pleased to announce the three teams advancing to the final round of the Milken-Motsepe Prize in FinTech (https://MilkenMotsepePrize.org/). These innovators are competing for the prestigious US$1 million Grand Prize. The Milken-Motsepe Prize in FinTech aims to recognise groundbreaking solutions for expanding financial inclusion for small businesses in emerging and frontier markets.  The Milken-Motsepe Prize in FinTech, supports the use of cutting-edge […]

todayMarch 6, 2025 11

News

India’s Top Court Issues Notice To Ministries Over Climate Change

An eight year old’s petition in India’s Supreme Court could lead to a re-evaluation of the country’s environment protection laws. The Apex court has sent notices to eight federal ministries accusing them of not working together to battle what it called an existential global predicament. Ishan Garg tells us more from New Delhi. https://futuremedianews.com.na/wp-content/uploads/2025/03/ENG-Indias-Top-Court-Issues-Notice-To-Ministries.mp3 EThe post India’s Top Court Issues Notice To Ministries Over Climate Change first appeared on Future […]

todayMarch 5, 2025 11

News

Ekoka Combined School Learners Receive Essential Donations From Omulunga Radio

Learners at Ekoka Combined School in the Ohangwena region are celebrating after receiving school uniforms, sports gear, and sanitary pads worth N$16,000. The donation was made by Omulunga Radio and PEP Stores. This report is compiled by One Africa TV NewsOnOne’s Eric Mhunduru https://futuremedianews.com.na/wp-content/uploads/2025/03/ENG-ERIC-ON-EKOKA-DONATION.wav Last night’s bulletin is now on oneafrica.tv. And weeknights at 7 you are free to watch it on GoTv 84, DSTv 284, or stream it live […]

todayMarch 5, 2025 4

News

DA Warns of Economic Risks as S.A. GDP Growth Slows

In S.A, the DA says the weak 0.6-percent gross domestic product growth rate in the fourth quarter of 2024 is a warning sign that unless urgent action is taken, the country will continue to slide deeper into economic decline. Statistics South Africa attributed the growth to, among others, an increase of 17.2-percent in the agriculture, forestry, and fishing industries. The DA’s, Mark Burke, says the economy is clearly in crisis, […]

todayMarch 5, 2025 7

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