Bank of Namibia’s Governor said Namibia will remain with the currency pegging agreement with the South African Rand until such a time an alternative is found. Iipumbu Shiimi said doing so abruptly might be catastrophic for the country.

The performance of the domestic economy remained unresponsive in 2018’s third quarter, recording a contraction of 0,8%. That represents the tenth consecutive quarter since 2016’s second quarter, that Namibia’s economy has recorded a contraction.

Democratic Republic of Congo (DRC) opposition leader Felix Tshisekedi has been declared the winner of the long-delayed, disorganised and controversial presidential election, in an announcement by the electoral commission early Thursday that surprised many, as the vast country braced for possible protests over alleged rigging. Tshisekedi, who received more than seven million votes, or 38% […]