THE Central Government’s external debt has declined marginally by at least 1.2% to N$3.6 billion at the end of the last quarter due to the repayment of some loans and the appreciation of the South African Rand to which the Namibia dollar is pegged against some major foreign currencies.

THE seasonal floods along Zambezi River, this year, left several business owners in the hospitality industry hapless after recording a staggering combined loss of over N$5 million in just two months.