Role of Credit in Modern Economies

[Zimbabwe Independent] The Reserve Bank of Zimbabwe (RBZ), in its monetary policy statement presented in January this year, affirmed that “credit growth in the banking sector has remained subdued during 2016. Banking sector loans and advances marginall…

[Zimbabwe Independent] The Reserve Bank of Zimbabwe (RBZ), in its monetary policy statement presented in January this year, affirmed that "credit growth in the banking sector has remained subdued during 2016. Banking sector loans and advances marginally increased from US$3,65 billion reported as at September 30 2016 to US$3,69 billion as at December 31 2016". This entails a credit growth of just over 1% over the period.

source: AllAfrica News: Zimbabwe

Murder Gets Constable 25 Years in Prison

[Namibian] THE murder that Namibian Police constable Justin Munsu Simataa committed when he shot a young man in a car outside a Windhoek bar has now left him with an effective prison term of 25 years.

[Namibian] THE murder that Namibian Police constable Justin Munsu Simataa committed when he shot a young man in a car outside a Windhoek bar has now left him with an effective prison term of 25 years.

source: AllAfrica News: Namibia

Wife Killed On Way to Visit Husband

[Namibian] SOFIA Ndumba (39) was travelling on Wednesday to visit her husband at Walvis Bay from Rundu when she was hit by a car near Long Beach, and died on the spot.

[Namibian] SOFIA Ndumba (39) was travelling on Wednesday to visit her husband at Walvis Bay from Rundu when she was hit by a car near Long Beach, and died on the spot.

source: AllAfrica News: Namibia

Electoral Commission Accused of Thwarting Democracy

[Nyasa Times] Malawi Electoral Commission (MEC) has come under heavy critic for its decision to indefinitely postpone by-elections initially set for June 6 with the press saying the decision is ‘thwarting democracy’ as analysts argue that the move dise…

[Nyasa Times] Malawi Electoral Commission (MEC) has come under heavy critic for its decision to indefinitely postpone by-elections initially set for June 6 with the press saying the decision is 'thwarting democracy' as analysts argue that the move disenfranchises people in the affected wards and constituents who have no one to represent their interest.

source: AllAfrica News: Malawi

Police Identify Dead Woman

[Namibian] THE body of the woman who was found hanging from a tree in the riverbed behind the Engen Service station near the Horseshoe market in Katutura on Tuesday morning has been identified as 32-year-old Lucille Lorraine Fredericks.

[Namibian] THE body of the woman who was found hanging from a tree in the riverbed behind the Engen Service station near the Horseshoe market in Katutura on Tuesday morning has been identified as 32-year-old Lucille Lorraine Fredericks.

source: AllAfrica News: Namibia