(3,779 words)
As a result of the parliamentary, presidential and regional elections, the South West African Peoples' Organisation (SWAPO) of Namibia further consolidated its dominance. The nomination of SWAPO's presidential candidate – succeeding the country's first head of state and president of the former liberation movement since its foundation in 1960 – resulted in fierce intra-party competition and the sidelining of longstanding political office bearers. The land issue became further politicised and initiatives to expropriate land contributed to growing insecurity among commercial farmers. Overall macroeconomic performance suffered through export losses due to the strong currency. Public expenditure came under pressure as debts accumulated further, and state finances face a critical degree of constraint.
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(3,779 words)