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Fitch ratings confirm stable outlook for Development Bank credit

By Josef Kefas Sheehama. Fitch Ratings has affirmed the Development Bank of Namibia’s Long-Term Issuer Default Ratings (IDR) at ‘BB-‘ and its National Long-Term Rating at ‘AA+. These credit ratings cover the widest range of credit risk factors and have no limitations. The Development Bank (DBN) is the country’s flagship and largest policy bank, contributing...

Strict Ban on Alcohol Sales This Sunday, Police Confirm – Namibia Daily News
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Strict Ban on Alcohol Sales This Sunday, Police Confirm – Namibia Daily News

Windhoek, Namibia- Deputy Commissioner Kauna Shikwambi, the Police Spokesperson, announced a strict prohibition on the sale of alcohol this coming Sunday. In a move aimed at ensuring public order, all liquor outlets across the country are mandated to keep their doors closed throughout the day. The directive comes as part of broader measures to maintain...

CAF president Motsepe refuses to confirm dates for 2025 Afcon
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CAF president Motsepe refuses to confirm dates for 2025 Afcon

Confederation of African Football president Patrice Motsepe on Friday refused to confirm the dates of the next Africa Cup of Nations, due to take place in 2025. “The focus for all of us now is Ivory Coast,” CAF chief Motsepe said at a press conference in Abidjan, where this year’s Afcon in Ivory Coast concludes...

Police confirm receiving NEFF notice for another Independence Day protest
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Police confirm receiving NEFF notice for another Independence Day protest

Police spokesperson deputy commissioner Kauna Shikwambi has confirmed that the Namibia Economic Freedom Fighters (NEFF) notice for a nationwide demonstration has been received and that inspector general Joseph Shikongo’s office will respond. “We can confirm that their notice has been received this afternoon,” Shikwambi said. “Their issue will be addressed and I’m sure they will...

Barcelona confirm Gundogan signing from Man City
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Barcelona confirm Gundogan signing from Man City

Ilkay Gundogan has signed for Barcelona on a free transfer at the end of his Manchester City contract, the Catalan club said Monday. The German midfielder, 32, has agreed a two-year deal with the option for a year’s extension and a release clause of 400 million euros ($436 million). “He is bringing his presence, nose...