Bank of Namibia Orders Financial Relief for Drought-Stricken Farmers

The Bank of Namibia has directed local financial institutions to establish relief measures designed to support farmers and agricultural businesses facing severe financial difficulties caused by the ongoing drought. BoN’s Director of Strategic Communications and International Relations, Kazembire Zemburuka, explained that this move follows a state of emergency declaration in response to what is described as the worst drought Namibia has experienced in a century, according to The Brief.

October 29, 2024 11

Environment

Bank of Namibia launches drought relief policy

The Bank of Namibia has introduced a new policy, effective from 23 October 2024 to October 2026, to address economic and financial challenges from the ongoing drought following the state of emergency declared by President Nangolo Mbumba in May. The central bank’s principal communications team leader, Sandra Garises.

October 28, 2024 20

Namibia

Russia declares state of emergency

Russia has declared a state of emergency in the border region of Kursk, after Ukrainian troops launched a surprise cross-border assault into the area. Regional authorities say heavy fighting is continuing and Russian President Vladimir Putin has called the attack a major provocation. Megumi Lim reports from Kyiv. The BBC reports that some 3,000 people have had to evacuate the region, as ongoing military altercations have killed at least four […]

August 8, 2024 20

Africa

Nigeria under cost of living pressure: 8 essential reads on rising tensions

By Adejuwon Soyinka, The Conversation In recent times, Nigeria, Africa’s largest democracy, has been under intense pressure. Assailed by rising inflation, food insecurity and the rising cost of fuel and energy, Nigerians have had to endure diminished purchasing power, hunger and youth unrest. These factors have led to agitations by various segments of society, including demands for higher wages by government workers. At The […]

August 1, 2024 19

Local

Sanlam Empowers Farmers

The 13th edition of the Agra Weaner Championship Series kicked off on 09 July, sparking excitement among cattle farmers nationwide. Sanlam is proud to sponsor N$75,000 towards the project, which began its auctions in Karasburg and will continue to Grootfontein. This project provides a prestigious platform for producers to showcase their exceptional work. Additionally, four auctions will be held in the communal areas of Aminus, Okondjatu, Talismanus, […]

July 17, 2024 7

Environment

Namibia declares state of emergency due to drought

President Nangolo Mbumba has declared a state of emergency regarding the current drought, effective 22 May 2024. Ministry of Agriculture, Water, and Land Reform spokesperson, Jona Musheko says the declaration will allow the ministry to mobilise resources, and ensure that the necessary assistance is given to affected communities. Namibia declared a state of emergency due to severe drought in 2013, 2016, 2019, and now 2024. Rhingo Mutambo, chief public relations officer […]

May 28, 2024 71

World

Haiti declares State-of-Emergency

Haiti has declared a 72-hour state of emergency and night curfew in and around the capital because of two jailbreaks and spiralling insecurity. The BBC reports that at the weekend, armed gangs stormed a major Port-au-Prince prison, leading to the killing of at least 12 people and the release of around 4,000 inmates. Gang leaders say they want to force the resignation of Prime Minister Ariel Henry, who is outside […]

March 4, 2024 3