insert_link Namibia President Mbumba officially opens first Cabinet meeting of 2024 President Nangolo Mbumba has inaugurated the first Cabinet of 2024 at State House, pointing out the country's economic recovery in different sectors. Mbumba attributed the industry success to the Harambee Prosperity Plan initiated by late President Hage Geingob. President Mbumba also revealed that Namibia's economic growth exceeded pre-pandemic levels, reaching 7.2% in the third quarter of 2023. The Bank of Namibia's Economic Outlook projects a GDP growth of 3.4% for […] todayFebruary 13, 2024 38
insert_link Business / Economics Local analyst examines economic outlook amid rate cut predictions South Africa's Standard Bank chief economist Goolam Ballim expects four 25 basis point cuts in 2024 starting in the second quarter, and taking the repo rate to 7.25% by year-end. He forecasts economic growth to rebound moderately in 2024 to 1.2%. We asked local Research Analyst at IJG Research, Angelique Bock if she agrees with him. todayFebruary 13, 2024 15
insert_link Namibia Amushelelo accuses NamPol of rights violation Economic activist Michael Amushelelo has accused the Namibian Police of undermining the Fundamental Freedoms of the Namibian Constitution. He claims that many Namibians who wanted to register for the 'Occupation of Vacant Houses' in Otjomuise refrained from doing so due to police harassment and intimidation. Amushelelo alleges that the police presence included approximately 100 vehicles and drones. todayFebruary 13, 2024 29
insert_link Business / Economics Bank of Namibia expected to cut repo rate by 25bps as inflation cooling By Josef Kefas Sheehama At its first Monetary Policy Committee meeting of 2024, on the 14 February 2024, the Bank of Namibia is expected to cut its Repo Rate by 25 basis points. All of Namibian’s banks now expect the Bank of Namibia to cut its Repo Rate target by 0.25 basis points on the 14 February 2024, which would bring its key lending rate to 7.50%. This […] todayFebruary 13, 2024 37
insert_link Namibia Kalompo-Nashikaku opens police diving course at Lake Otjikoto Namibian Police Force (NamPol) Oshikoto Regional Commander, Theopoline Kalompo-Nashikaku has encouraged police officers to remain mentally and physically fit, so as to confront the challenges of this world head-on. Kalompo-Nashikaku during the official opening of a five-week Diving Training Course 1, for police officers on Monday at Lake Otjikoto near Tsumeb, said the officers should take proper care of their social life and habits as they are expected […] todayFebruary 13, 2024 26
insert_link Africa MPLA Vice President Luisa Damiao Conveys Condolences to Namibia on President Geingob’s Passing Luisa Dami-ao, Vice President of the People’s Movement for the Liberation of Angola, pays a visit to President Nangolo Mbumba to convey condolences on behalf of Angola following the death of President Hage Geingob. Geingob, who passed away on February 4, 2024, received heartfelt condolences from the Angolan government and people. President Mbumba appreciates the condolences, stressing the strong brotherhood between Namibia and Angola. The Angolan delegation also extends condolences […] todayFebruary 13, 2024 5
insert_link Namibia Katutura Intermediate State Hospital Faces Criticism for Inhumane Conditions; Activist Urges Private Healthcare Alternatives The Katutura Intermediate State Hospital is under scrutiny for allegedly accommodating patients in inhumane conditions, as highlighted by activist Michael Amushelelo. Amushelelo insists that patients should be housed in private healthcare facilities instead of the current situation. Lukas Kondo from the Katutura Intermediate State Hospital responds to the criticism. todayFebruary 13, 2024 12
insert_link Namibia Namibia Celebrates World Radio Day with the Theme “Radio: A Century Informing, Entertaining, and Educating”… Namibia joins the global celebration of World Radio Day today, focusing on the theme "Radio: A Century Informing, Entertaining, and Educating." Modestus Amutse, the Deputy Minister of Information and Communication Technology, shares the significance of radio in informing, entertaining, and educating communities. The Director of the Namibia Media Trust, Zoé Titus explains the importance of radio. todayFebruary 13, 2024 18
insert_link Namibia NAMDIA Foundation Selects Candidates for 2024 Bursary Scheme The NAMDIA Foundation announced the successful selection of candidates for the 2024 academic intake of its Bursary Scheme. Bryan Eiseb, Namdia's board chairperson, underscores the importance of recognizing past sacrifices for the current generation's opportunities. The foundation's commitment to education is evident in its support for the selected candidates. For the full story listen to the Business Report tonight on Nova 103. todayFebruary 13, 2024 17
