Repo rate remains unchanged at 6,75%

The Monetary Policy Committee (MPC) of the Bank of Namibia has kept the Repo Rate unchanged at 6,75%. The Governor of the Central Bank, Ipumbu Shiimi, says the repo rate remained unchanged to continue supporting domestic growth while maintaining the one-on-one link between the Namibian Dollar and the South African Rand. The decision was taken […]

Gobabis residents attempt to grab land

Residents of Gobabis have been clearing bushes since last week in an open field in Nossobville in an attempt to grab land. A meeting between the group and municipality on Tuesday proved futile and the community decided to continue to clear land. They claim the Gobabis Municipality opts to give land to developers rather than […]

Botswana scraps anti-gay laws in landmark decision

Botswana’s High Court rejected sections of its penal code that criminalize same-sex relations and which imposed up to seven years in prison for offenders. Tuesday’s unanimous ruling in the southern African nation calls the sections unconstitutional. Judge Michael Leburu said human dignity is harmed when minority groups are marginalized,” as he delivered the judgment, adding […]