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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Leonard Witbeen

5067 Results / Page 2 of 563

Background
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Nam Elections 2024

Swapo Secures Majority as Nandi-Ndaitwah Wins Presidency

The Electoral Commission officially declared the results of the this year's Presidential and National Assembly elections, with Swapo clinching 51 out of 96 seats. In the presidential race, Swapo’s Netumbo Nandi-Ndaitwah emerged victorious with 57.31%, while IPC's Dr. Panduleni Itula received 25.50%. Future Media News' Angie Scholtz sat down for an exclusive interview with President Nangolo Mbumba: Notable Swapo ministers losing their seats include Peya Mushelenga, Tom Alweendo, Itah Kandjii-Murangi, […]

todayDecember 4, 2024 10

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Business / Economics

Cirrus Capital’s Groenewald Offers Insight on Central Bank’s Interest Rate Decision

The Bank of Namibia In October lowered its main interest rate, citing a faster-than-anticipated decline in inflation and the need for economic support. At that point in time, the Monetary Policy Committee unanimously agreed to reduce the repo rate by 25 basis points, bringing it to 7.25%. Cirrus Capital economist Tannan Groenewald shares his outlook on what the Bank might do next. ENG Tannan Groenewald repo  

todayDecember 4, 2024 6

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Business / Economics

FNB South Africa warns that today’s fuel price hike is a blow to holidaymakers

  FNB South Africa warns that today’s fuel price hike, with 95-octane and 93-octane petrol increasing by 17-cents per litre and diesel by over 50-cents, is a blow to holidaymakers. The bank attributes the rise to a weaker rand, driven by global factors like the United States elections and higher international diesel prices. FNB senior economist Koketso Mano advises citizens to revise their fuel budgets:  

todayDecember 4, 2024 4

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Business / Economics

Bank of Namibia Set to Announce New Repo Rate

  With the Bank of Namibia’s repo rate decision set for later today, consumers are preparing for potential changes to borrowing costs and savings. The central bank maintained the repo rate at 7.25% during its last monetary policy update. Cirrus Capital economist Robert McGregor noted that while GDP growth is positive, private sector credit extension continues to lag.  

todayDecember 4, 2024 8

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South Africa

Ramaphosa Highlights G20 Presidency as Platform for Africa and Global South

S.A's President Cyril Ramaphosa says South Africa’s G20 presidency is a chance to advance global economic growth, sustainable development, and the needs of Africa and the Global South. The G20 leaders' summit will be hosted in Johannesburg in November next year, further solidifying South Africa's leadership role. Ramaphosa says the presidency aims to bring African priorities to the forefront while strengthening global partnerships for a better future:  

todayDecember 4, 2024 2

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Nam Elections 2024

Opposition Leaders Boycott Election Results Announcement As Swapo’s Majority Shrinks

  The Swapo Party retained its majority in the National Assembly with 51 seats, a decline from 63 in 2019. The Independent Patriots for Change surged to 20 seats, marking significant gains. Opposition leaders boycotted the election results announcement, except Affirmative Repositioning leader Job Amupanda, who accused the Electoral Commission of election theft. Meanwhile, the National Democratic Party secured one seat, with its leader Lukato Lukato entering parliament.

todayDecember 4, 2024 6

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World

US expresses concern over South Korea

The United States has expressed confidence that the political dispute in South Korea is resolved peacefully and within the rule of law. This follows President Yoon Suk Yeol's declaration of emergency martial law, citing security concerns over North Korea. However, South Korean lawmakers voted to block the president's power after protests outside Parliament. From Washington, Benji Hyer reports.  

todayDecember 4, 2024 5

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South Africa

South Africa’s Transport Minister Launches Festive Season Road Safety Campaign

    S.A's Minister of Transport Barbara Creecy says last year, road crashes cost the economy 205-billion-rand, translating into a 2.74-percent of gross domestic product. She launched the department's festive season road safety campaign in Pretoria yesterday. So far, ten-thousand-154 people have died on the country's roads this year. Creecy says the campaign is based on four pillars that include responsible driving, pedestrian safety, enforcement and education as well as […]

todayDecember 2, 2024 7

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