The repo rate has reduced by 25 basis points to seven percent. 

It was business as usual in the streets of Windhoek following the final announcement of the Presidential and National Assembly election results last night. 

While some were aware that the results would be announced, others were caught by surprise when the final outcome was revealed.

The National Democratic Party of Martin Lukato has secured a seat in the National Assembly.

Lukato's party has outperformed much larger parties that have failed to secure a single seat.

nbc News engaged Dr. Kudumo on his thoughts about the NDP.

The seat allocation for the incoming National Assembly will bring changes to the dynamics in the August House.

President Nangolo Mbumba has urged Namibians to provide President-elect, Netumbo Nandi-Ndaitwah with the necessary support to enable her to assume successfully, the duties of Head of State next year.