30 October - 5 pm news

The Bank of Namibia raises the repo rate to 7 percent as inflation climbs, while FMD vaccinations pass 61,000 cattle. Government development spending lags, prompting a N$110.6 million reallocation. Beyond our borders, South Africa deploys soldiers ahead of local elections, Ebola spreads in Central and West Africa, and oil prices…

Namibia remembers former First Lady Penehupifo Pohamba at a memorial service in Ohangwena, and Meatco resumes slaughtering at Okapuka with a 20 percent cut in producer prices. And, Cape Town Airport faces delays amid taxi unrest, and US Vice President JD Vance says he expects the Iran war to end…

Namibian Chamber of Environment CEO Dr Chris Brown has defended marine phosphate mining, saying scientific assessments found its impact on commercial fish species and spawning grounds would be insignificant. He says the seabed can recover after dredging and that strict monitoring can protect marine ecosystems. Brown argues the project offers…

Consumer confidence hits a record low as inflation rises, a South African farmer is critically injured in the latest farm attack, and the US war in Iran costs at least US$47 billion. Also, CAF reverses its AFCON four-year cycle plan and the latest from the High Court. More at futuremedianews.com.na.

Consumer inflation reached 5.4 percent in September, while fuel prices rose 30 percent year-on-year. The Simonis Storm Consumer Confidence Index fell to a record low of 42.2 in the fourth quarter. The firm forecasts 2 percent economic growth this year and expects inflation to peak at 6.2 percent in March…