insert_link Business / Economics07 March Biz News: Markets, Earnings, Oil Deals & Trade Policy Shifts Local Stock Market Update As of yesterday, the local stock market's free float market capitalization stands at N$16.71 billion, with 638,974 shares traded, amounting to N$16.41 million in value across 11 deals. For the month to date, 1,364,598 shares have been traded, totaling N$47.09 million, with 31 deals recorded. FirstRand Ltd Sees 10% Earnings Growth According to CNBC Africa, South Africa’s FirstRand Ltd reported a 10% rise in first-half […] today7 March, 2025
NamibiaMPs 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. today6 March, 2025
insert_link NamibiaLawmakers set to debating prison conditions and equitable wealth distribution Lawmakers are set to debate prison conditions, infrastructure development, and equitable wealth distribution. Concerns are being raised about overcrowded correctional facilities and inadequate rehabilitation programs. Infrastructure talks are focusing on improving roads and public utilities in underserved regions. MPs are also examining how national resources are distributed under the One Namibia, One Nation principle. Further discussions are shaping potential reforms in these sectors. today6 March, 2025
insert_link Business / Economics27 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 […] today6 March, 2025
insert_link WorldU.S VP Vance visits southern border Vice President JD Vance visited the U.S.-Mexico border on Wednesday - praising the accomplishments of the Trump administration's sweeping crackdown on illegal immigration. The visit comes less than 24 hours after President Trump addressed a joint session of Congress with immigration central to his speech. Toni Waterman has more: today6 March, 2025
insert_link South AfricaATM Condemns Mchunu’s Non-Disclosure of Phala Phala Report in S.A In S.A, the African Transformation Movement has condemned Mchunu's nondisclosure of the Independent Police Investigative Directorate report on the Phala Phala saga. ATM spokesperson Zama Ntshona argues that this move shields president Cyril Ramaphosa from scrutiny, undermines transparency, and raises concerns about the misuse of state resources. He calls for Mchunu to declassify the report immediately to ensure accountability and justice: today6 March, 2025
insert_link AfricaMozambican Police Open Fire on Opposition Supporters in Maputo Mozambican police fired on supporters of opposition leader Venancio Mondlane during a march in Maputo on Wednesday, leaving at least 10 injured, according to Mondlane’s team and a human rights researcher in a Reuters report. A police spokesperson confirmed dispersing the crowd but provided no further details. The march took place just hours before President Daniel Chapo signed an agreement with some political parties to address ongoing protests over his […] today6 March, 2025
insert_link Business / EconomicsTrump pauses tariffs on big 3 US automakers for one-month US President Donald Trump has granted the three main US car makers a one-month reprieve on tariffs. They were impacted when 25% tariffs on Mexico and Canada goods began on Tuesday. Nick Harper reports from Washington. today6 March, 2025
insert_link NamibiaWindhoek Emergency Services Search for Missing Man After Flash Floods According to One Africa NewsOnOne journalist Josia Shiwedha, Windhoek emergency services are actively searching for a man swept away by flash floods on Tuesday. The man was attempting to cross a riverbed along Marconi Street in the Southern Industrial Area when the incident occurred. today6 March, 2025
