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

traditional leaders

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Business / Economics

Bank of Namibia Issues Warning on Fraudulent Investment Schemes

The Bank of Namibia has raised alarms about an increase in fraudulent investment schemes that falsely promise financial support for the nation’s development initiatives. These scams primarily target high-ranking government officials and traditional leaders, exploiting their reputations to gain credibility. The Bank has also observed that religious and traditional leaders are being approached to promote these deceptive schemes within their communities, further misleading the public. The regulator's Josefina Oskar:  

todayOctober 23, 2024 22

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Africa

Belief in democracy is on the decline in Africa. Traditional institutions can help restore its importance

      By Vladimir Chlouba, University of Richmond   Democracy in Africa has not had a good year. Military juntas from Mali to Niger appear to have cemented their grip on power. Sudan’s democratic dreams were dashed when the country’s two most powerful strongmen opted for war. And there’s now evidence that ordinary Africans may be losing faith in democracy as the best form of government. Afrobarometer, an organisation […]

todayMay 17, 2024 9

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