Niël Terblanché During the early hours of a Sunday morning, the residents of Smarties Extension 9 in Okahandja were shaken awake by an explosion before being engulfed in darkness once again. As the sun rose, the grim reality became apparent: three copper cables, lifelines of electricity to their homes, were severed from a transformer, leaving...
December 17, 2024
Tag: tide
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Global economy has not turned the tide yet
By Indermit Gill and Ayhan Kose * Washington DC – As 2024 begins, the outlook for the global economy seems to be improving. Major economies are emerging mostly unscathed from the fastest rise in interest rates in 40 years, without the usual scars of financial crashes or high unemployment. Countries rarely succeed in taming steep...