LPM calls on Cabinet for economic relief

LPM calls on Cabinet for economic relief

LPM calls on Cabinet for economic relief

Martin Endjala The Landless People’s Movement has called on the Cabinet to come up with a response to the devastating impact to the lives of the people in the midst of skyrocketing prices increases and the upward moving interest rates. LPM spokesperson Eneas Emvula at a media briefing of the party yesterday, said the 50 basis points increased announced by the Bank of Namibia this week to 4.75 percent is a tremendous jump compared to the previous 25 basis points, emphasizing that this will have a huge economic impact on households. Emvula painted a bleak picture of a significant drop…
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