Consumers who tightened their belts during the last couple of years due to the impact of the Covid-19 pandemic, coupled with a persistent recession, now have to reduce their spending even further because the Bank of Namibia yesterday increased the repo rate with 25 basis points from 3.75% to 4%.
National
Nandi-Ndaitwah preaches open trade
Namibia’s minister of international relations this week led a business delegation to Angola in an effort to accelerate and strengthen commercial ties after mutual borders swung open last week.
Oshakati scrambles to prevent flooding… implements stormwater drainage system
Oshakati Town Council has started with the implementation of stormwater drainage system around the local authority, which is prone to seasonal floods.
Muheua hailed as principled unionist
Former labour deputy minister Alphaus Vehonga Muheua, who passed on yesterday, has been hailed as a committed, humble and principled trade unionist of note who had the best interest of workers at heart. He was 65.
No reprieve for incest accused
High Court Judge Claudia Claasen yesterday ordered that a Windhoek resident accused of raping his biological daughter several times and forcing her to abort the foetus after impregnating her, has a case to answer.
Ukraine: Namibian students stay put
The Namibian government is monitoring and following developments closely regarding rising tension between Ukraine and Russia.
Red Line marriage standoff… Egyptian heir loses native proclamation battle
An Egyptian national who made Namibia his home is set to appeal a High Court ruling that declared the marriage between his father and a Chinese national, which was conducted in Katima Mulilo, as being in community of property.
IPPR to challenge corruption complacency…doesn’t buy ‘lack of resources’ excuse
The Institute for Public Policy Research is taking the fight against corruption to another level.
Wakudumo urges border residents to get vaccinated
Kavango East governor Bonifatius Wakudumo has urged Angolans and Namibians to respect Covid-19 regulations and laws applicable in both countries when travelling between the two now that the borders are open after a two-year closure.
Ex-Samherji fishermen desperate for jobs
About 180 fishermen who were previously employed by the Samherji-owned Saga Seafood, which operated from Walvis Bay, say they are facing hardships after the company closed down in 2020.