Leonard Witbeen

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Namibia

Confusion at Independence Stadium as Tents Are Dismantled

PACKING UP: At Windhoek’s Independence Stadium, the initial venue for today’s planned Independence celebration and inauguration of incoming president Netumbo Nadi-Ndaitwah, pitched tents are being dismantled. Law enforcement has told News on One that it’s unclear what is going to happen today at the stadium, if anything, taking into account that the event was moved to the State House yesterday due to expected thunderstorms. Despite this, members of the public […]

today21 March, 2025

Business / Economics

Interview: Josef Sheehama on Rent: A Call for Fairness and Stability in Namibia’s Property Market

  In a recent statement, Business and Economics researcher Josef Sheehama discussed the potential impacts of a rent strike in Namibia, drawing comparisons to similar actions, such as the "blackout" protests in the U.S. against wealth inequality. Sheehama's analysis raises important concerns about the rising cost of housing in Namibia and stresses the need for fairness and stability in the property market. The Impact of a Rent Strike in Namibia's […]

today10 March, 2025

Business / Economics

ECB Cuts Rates Again Amid Economic Uncertainty

The European Central Bank has reduced interest rates for the sixth time in nine months in an effort to support economic growth in the eurozone says BBC. Despite economic challenges such as the threat of U.S. tariffs and plans to increase European military spending, the bank remained committed to its strategy of lowering rates. The ECB lowered its main interest rate from 2.75% to 2.5% and further revised its economic […]

today7 March, 2025