Fitch Rating downgrades Namibia to BB+

Author: 
NAMPA

Fitch Ratings sovereign rating model on Monday downgraded Namibia?s long-term foreign currency Issuer Default Rating (IDR) from BBB- to BB+ with a stable outlook.

This is according to the Namibia Country Risk Report, which focuses on a 10-year forecasts to 2026, issued by the Business Monitor International (BMI) Research, a Fitch Group company.

The report indicates that the downgrade of the Long-Term Foreign Currency IDR reflects weaker-than-forecast fiscal outcomes and projects that public debt-to-Gross Domestic Product (GDP) will continue to rise over the medium term.



Mugabe impeachment: Zanu-PF MPs summoned

Author: 
www.news24.com

Zimbabwe's ruling Zanu-PF party has reportedly summoned its members of parliament "as the former liberation movement moved to trigger a process to impeach beleaguered President Robert Mugabe".

According to NewsDay, a Zanu-PF MP who spoke on condition of anonymity said that they had been summoned for the caucus.

"We have been summoned and all have been asked to report to party headquarters by no later than 14:30 this afternoon," he said.

Zanu-PF chief whip Lovemore Matuke confirmed the development, the report said.

The meeting was set to start at around 16:00.



Irresponsible reporting could cost lives: Nghishidimbwa

Author: 
NAMPA

Irresponsible reporting, if unabated, could easily lead to the loss of life, Khomas Regional Commander of the Namibian Police Force (NamPol), Commissioner Sylvanus Nghishidimbwa said on Thursday.

Nghishidimbwa's comments come after an angry mob of Windhoek residents gathered at a house in Golgotha, Katutura after radio and social media reports suggested that a boy was kidnapped by the owner of a house there.



Misleading information causes havoc in Golgotha

Author: 
NAMPA

Angry Windhoek residents gathered at a house in the Golgotha residential area in Katutura after a local radio station reported that a boy was kidnapped and held there.

The angry mob, comprised of hundreds of people, threw stones at the house, demanding that the owner come out and explain to them why he is kidnapping their children.

Members of the Namibian Police Force's (NamPol) Special Field Force unit had to be called in to help subdue the situation, something they struggled with for hours.



Climate change projects secure funding

Author: 
NAMPA

The Ministry of Environment and Tourism (MET) has secured financing worth more than N.dollars 227.9 million for projects targeting climate change resilience.

The funds, which according to the ministry were sourced from multilateral sources, also target sustainable land management and the conservation of biodiversity.

MET announced in a media statement on Wednesday that two projects will benefit from the funds.



Ragga Dancehall Top 10 with Dazzle

Author: 
Elsabe Tibinyane

10. Jahmiel - Different level
09. Patoranking - Love you die
08. Wizkid - Naughty ride

07. Vershon - Te Amo
06. Charly Black - Right De Suh
05. Rdx Shake your - Bam Bam

04. 2Kingz - Bend Down
03. Tarrus riley - There Is A Way
02. Morgan Heritage - We Are

01. Dre Island - We Pray



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