Tag: Namibia

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Southern Africa Countries Elect New Governments
Southern Africa Countries Elect New Governments
December 10, 2014

The countries of Southern Africa go through a period of elections taking place in succession. On November 28, seventy-three-year-old Prime Minister Hage Geingob, a leading politician of Namibia, won the presidential election receiving nearly 87 percent of votes. With the population slightly over two million Namibia is an important contributor into the world economy. The country is the fifth largest uranium producer (after Kazakhstan, Canada, Australia and Niger) and is expected to become the leading world uranium raw material exporter in 2015. While Namibia is known predominantly for its gem diamond and uranium deposits, it is also rich in gold, manganese, copper, tin, tungsten and zinc. Wide opportunities exist for offshore gas extraction (with deposits still not fully explored)…