The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

Moody's downgrade unfair: Schlettwein

Contributed by NAMPA.

WINDHOEK, 12 AUG (NAMPA) – President Hage Geingob is disturbed by comments and remarks speculating that the upcoming Swapo Party Congress and Namibia’s Elections in 2019 will lead to an increase in the country’s expenditure.
“These remarks are unfounded, untrue and rebukable, as our expenditure derogative are contained in the National Budget and will further be verified in the mid-year budget, so the two are therefore not in any way linked,” Geingob said.
He added during the opening of the Swapo ...