An expected increase in the repo rate by the Bank of Namibia (BoN) will weigh heavily on indebted households who already battle with higher living costs, as real disposable incomes deteriorate with rising inflation. This is as the South African Reserve Bank recently hiked its repo rate by 75 basis points (bps) in July, with further tightening expected.
National
‘Don’t play Russian roulette’
Mining commissioner Erasmus Shivolo said if it is found the proposed in-situ leach uranium mining process in the Stampriet Artesian Basin (SAB) area will harm the aquifer, the project will be stopped.
Crafty hands make treasured jewellery
It is early morning in the Nyae Nyae Conservancy – and the fire, as always, belongs to the elders – but for the second day running, the talk at this fire has been on gender equality among the San people.
Opposition parties back strike…says government policies cause misery
Opposition parties in parliament have expressed solidarity with more than 43 000 “forgotten” civil servants, who last week overwhelmingly voted for a nationwide strike.
Swapo edging closer to defining congress
The Swapo Party Youth League will conclude its regional conferences this weekend, which will determine, among others delegates to the wing’s congress, which is slated for 17 August.
Suspended council staff pocket N$6 million
The Gobabis municipality, struggling to provide basic services to residents, is paying six suspended senior managers millions while they sit idle at home, waiting to be charged for over a year.
TransNamib workers to vote on strike
TransNamib workers will take to the polls to decide whether they will strike after failed salary negations.
National conference to unpack education barriers
The education ministry and its stakeholders are gathering to review the resolutions and directives of the 2011 national conference on education along with resolutions from the regional consultations in 2022.
Ndeitunga concerned about discipline
Outgoing Namibian Police chief Sebastian Ndeitunga during the closing of the weeklong police conference said he is concerned about the deteriorating level of discipline among members of the Namibian Police Force, he told commanders at the just-ended Namibian Police Force Senior Command Conference at Rundu.
400 to exhibit at Ongwediva
After a two-year hiatus prompted by Covid-19, the popular Ongwediva Annual Trade Fair (OATF) has returned, and about 400 exhibitors from various economic sectors – both locally and internationally – are expected to showcase their products and services at the event.