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‘Revenue Will Overshoot Expenditure’

NewEra.com.na: "Economists expect a significant increase in the total revenue and a budget surplus due to the rise in the Southern African Customs Union (SACU) receipts, than projected for the 2008/9 financial year.

RMB Namibia CEO, Martin Mwinga, said the Government is financially sound, running at a surplus, with a debt to GDP decline of 24 percent last year from close to 40 percent five years ago, and “has the capacity to borrow and enough capacity to repay”."

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Kate Kainja passes away

Nyasa Times "Minister of Women and Child Development Kate Kainja-Kaluluma has passed away in United Kingdom. “Indeed Hon Kate Kainja Kaluluma has died,” confirmed family friends in London. The 57-year-old minister was admitted to a North England hospital – York Hospital. Diplomatic sources at Malawi High Commission in London have said arrangements are being made to send her remains to Malawi. Kainja who was Dedza South West Constituency parliamentarian flew to United Kingdom for medical attention after a long-illness. She is survived by a husband, Emanuel Kaluluma and three children."