News

Namibian Chamber of Environment CEO Dr Chris Brown has defended marine phosphate mining, saying scientific assessments found its impact on commercial fish species and spawning grounds would be insignificant. He says the seabed can recover after dredging and that strict monitoring can protect marine ecosystems. Brown argues the project offers economic benefits. The post Renowned environmentalist reiterates support for marine phosphate appeared first on Future Media News.

High Court judges Boas Usiku and Gladys Pickering presided over the motion court sessions this morning with 66 applications for default judgments, of which two were on the rule 108 roll to be heard on Tuesday by Judge James Devittie. Commercial banks brought 33 applications and are claiming back ten properties for debt of N$14.4 million, and 23 loans with outstanding payments of N$14.3 million. In Monday’s session, judges Shafimana […]

Consumer inflation reached 5.4 percent in September, while fuel prices rose 30 percent year-on-year. The Simonis Storm Consumer Confidence Index fell to a record low of 42.2 in the fourth quarter. The firm forecasts 2 percent economic growth this year and expects inflation to peak at 6.2 percent in March 2027. Future Media News spoke to economist Almandro Jansen. The post Consumer Confidence Index dips below 50 appeared first on […]

Namibia’s Sovereign Wealth Fund has surged past the half-billion-dollar mark, with government moving to table dedicated legislation that will legally protect natural resource revenues for future generations. According to the midterm budget documents, the Welwitschia Fund reached a market value of N$514.6 million Namibian dollars as of late June. That marks a 75% growth from the N$293 million recorded at its launch in November 2022. Angie Scholtz has more. The […]

Former Health Minister Dr Richard Kamwi has praised intensified indoor malaria spraying in high-risk areas. After spending three weeks supporting malaria control efforts in the Zambezi Region, he says community resistance remains a challenge, but awareness campaigns are improving acceptance of the programme. The post Kamwi applauds anti-malaria efforts, but resistance remains appeared first on Future Media News.

The Minister of Industries, Mines and Energy, Modestus Amutse, last month announced a N$1.50 increase in the price of petrol, while both grades of diesel remained unchanged. Future Media News spoke to IJG Securities data analyst Ndapewa Jeremia to find out what the firm predicts for fuel prices in November. The post Analysts predict hold on November fuel price appeared first on Future Media News.

Namibia’s sheep marketing plummeted by nearly 40% in September following the foot-and-mouth disease outbreak in the //Kharas Region. According to the Livestock and Livestock Products Board, total sheep marketing fell to just over 33 000 animals, down from nearly 56 000 in August. The contraction follows strict movement controls imposed on cloven-hoofed animals after FMD was confirmed in //Kharas on 23 September. Live exports, which make up over 84% of total marketing, dropped by nearly 40% […]

The Judiciary has confirmed that Acting Judge Marelize du Plessis is no longer assigned to the multi-million-dollar Fishrot corruption case, with trial dates yet to be determined. Responding to an inquiry by the NBC, Judiciary spokesperson Vikitoria Hango revealed that Du Plessis’s acting appointment ended on July 31st, after which she returned to the Regional Court. The high-profile case will now be managed by judges appointed by the Judge-President until it is […]

The High Court battle involving the PDM and members demanding millions in compensation for lost parliamentary wages is continuing today before Justice David Mangota. The high-profile legal challenge brought by Mike Venaani, father of party president McHenry Venaani, and other affected party members, stems from the 2019 electoral list dispute, which later saw the Supreme Court rule that candidates could not be arbitrarily removed from parliamentary seats. The claimants are seeking approximately N$9 million in […]