The Monetary Policy Committee of the Bank of Namibia has again decided to keep its repo rate unchanged at 7.5%.

The Bank of Namibia says the decision follows a comprehensive review of global, regional, and domestic economic developments.

The repo rate is the rate at which commercial banks borrow money from Namibia's Central Bank.

The decision to keep the repo rate unchanged is aimed at safeguarding the peg of the Namibian dollar with the South African Rand and supporting the domestic economy.

Over 80 residents residing in a riverbed in Windhoek's Freedom Square were left destitute after 33 of their man-made shacks burned to the ground around midnight last night.

The fire left one resident seriously injured and admitted to intensive care at Katutura State Hospital.

Men, women, and children, all unemployed and otherwise homeless, are appealing for assistance.

Some say they have been forced to live here in a riverbed opposite the street from Jacob Marengo Secondary School for over 20 years now.

It is once again time for the Windhoek Agricultural, Livestock, and Motor Show.

The 69th edition of the event is hosting more than 200 exhibitors, including hand-made crafts, traditional food stalls, kiddie parks, and live music shows.

Loide Martin is one of the first exhibitors who, for the past 21 years, made sure that she secured a spot at the show.

She sells traditional cuisine like freerange chicken, oshikuvila, and ondjove.

Martin said she has worked her way up in the business thanks to the Windhoek Show.

Namibia Revenue Agency (NamRa) Commissioner Sam Shivute says it is important for employees to invest in their retirement funds, as many only start building their houses or buying cars after retirement.