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Pandu Shaduka - In 2024, there have been 66 major elections held (74 expected) across the world.

In major economies such as the US and the UK, there have been major shifts in power, while countries such as France and India have seen historical majorities fall.

The South African elections held earlier this year saw the ANC maintain its hold on the presidency but lose the parliamentary majority for the first time. The ANC’s leadership formed a coalition (Government of National Unity), marking a fundamental change in the country’s political landscape.

In Botswana and Mauritius, there was an overwhelming switch to the opposition parties, taking power from the respective long-standing ruling parties.

The Namibian parliamentary elections are due to take place on 27 November 2024, and the local picture is very similar to that of their southern African and global counterparts.



Economic conditions

While it is difficult to discern all the reasons why people choose to vote (and ultimately who for), it is evident that economic conditions do play a significant role in voter behaviour.

In all the aforementioned countries (bar South Africa), inflation between elections was higher than the historical average – the UK and US seeing inflation 3.79 and 3.83 percentage points (p.p.) higher than the historical average, respectively, while Botswana, Mexico and Mauritius recorded 1.28, 2.02, and 1.98 p.p. increases, respectively.

Additionally, unemployment worsened over the period, with South Africa and Botswana recording increases of 3.00 and 3.29 p.p., respectively.



Namibia

In all the aforementioned countries, GDP per capita has improved, but this is misleading given the increase in inequality across each of the countries.

With Namibia’s elections on the horizon, the economic picture for the majority of the country has worsened.

The country has seen GDP per capita decrease and worsening unemployment (inferred from Afrobarometer data, given the Namibia Statistics Agency’s decision to delay official numbers) over the last five years.

#NamibiaDecides2024

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Katima Mulilo: 19° | 27° Rundu: 19° | 30° Eenhana: 20° | 35° Oshakati: 23° | 34° Ruacana: 21° | 35° Tsumeb: 19° | 28° Otjiwarongo: 19° | 30° Omaruru: 22° | 36° Windhoek: 22° | 31° Gobabis: 20° | 32° Henties Bay: 16° | 21° Swakopmund: 16° | 18° Walvis Bay: 16° | 21° Rehoboth: 22° | 34° Mariental: 25° | 36° Keetmanshoop: 23° | 39° Aranos: 24° | 36° Lüderitz: 16° | 28° Ariamsvlei: 22° | 39° Oranjemund: 15° | 25° Luanda: 25° | 27° Gaborone: 22° | 31° Lubumbashi: 17° | 19° Mbabane: 16° | 25° Maseru: 17° | 32° Antananarivo: 17° | 25° Lilongwe: 17° | 26° Maputo: 22° | 32° Windhoek: 22° | 31° Cape Town: 17° | 29° Durban: 21° | 25° Johannesburg: 17° | 29° Dar es Salaam: 27° | 32° Lusaka: 17° | 21° Harare: 17° | 21° Currency: GBP to NAD 22.92 | EUR to NAD 19.09 | CNY to NAD 2.5 | USD to NAD 18.09 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.36 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.66 | ZWL to NAD 0.04 | BRL to NAD 3 | RUB to NAD 0.17 | INR to NAD 0.21 | USD to DZD 132.89 | USD to AOA 910.98 | USD to BWP 13.67 | USD to EGP 49.54 | USD to KES 129.61 | USD to NGN 1678.72 | USD to ZAR 18.09 | USD to ZMW 26.95 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 84700.44 Up +1.25% | Namibian Stock Exchange (NSX) Overall Index 1834.96 Up +2.25% | Casablanca Stock Exchange (CSE) MASI 16021.76 Down -0.37% | Egyptian Exchange (EGX) 30 Index 29728.61 Up +0.42% | Botswana Stock Exchange (BSE) DCI 10061.77 Up +0.02% | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 710.15/OZ UP +0.50% | Copper US$ 4.31/lb DOWN -0.0049 | Zinc US$ 2 982.50/T UP 0.84% | Brent Crude Oil US$ 80.11/BBP DOWN -0.0137 | Platinum US$ 948.77/OZ DOWN -0.0004 Sport results: Weather: Katima Mulilo: 19° | 27° Rundu: 19° | 30° Eenhana: 20° | 35° Oshakati: 23° | 34° Ruacana: 21° | 35° Tsumeb: 19° | 28° Otjiwarongo: 19° | 30° Omaruru: 22° | 36° Windhoek: 22° | 31° Gobabis: 20° | 32° Henties Bay: 16° | 21° Swakopmund: 16° | 18° Walvis Bay: 16° | 21° Rehoboth: 22° | 34° Mariental: 25° | 36° Keetmanshoop: 23° | 39° Aranos: 24° | 36° Lüderitz: 16° | 28° Ariamsvlei: 22° | 39° Oranjemund: 15° | 25° Luanda: 25° | 27° Gaborone: 22° | 31° Lubumbashi: 17° | 19° Mbabane: 16° | 25° Maseru: 17° | 32° Antananarivo: 17° | 25° Lilongwe: 17° | 26° Maputo: 22° | 32° Windhoek: 22° | 31° Cape Town: 17° | 29° Durban: 21° | 25° Johannesburg: 17° | 29° Dar es Salaam: 27° | 32° Lusaka: 17° | 21° Harare: 17° | 21° Economic Indicators: Currency: GBP to NAD 22.92 | EUR to NAD 19.09 | CNY to NAD 2.5 | USD to NAD 18.09 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.36 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.66 | ZWL to NAD 0.04 | BRL to NAD 3 | RUB to NAD 0.17 | INR to NAD 0.21 | USD to DZD 132.89 | USD to AOA 910.98 | USD to BWP 13.67 | USD to EGP 49.54 | USD to KES 129.61 | USD to NGN 1678.72 | USD to ZAR 18.09 | USD to ZMW 26.95 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 84700.44 Up +1.25% | Namibian Stock Exchange (NSX) Overall Index 1834.96 Up +2.25% | Casablanca Stock Exchange (CSE) MASI 16021.76 Down -0.37% | Egyptian Exchange (EGX) 30 Index 29728.61 Up +0.42% | Botswana Stock Exchange (BSE) DCI 10061.77 Up +0.02% | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 710.15/OZ UP +0.50% | Copper US$ 4.31/lb DOWN -0.0049 | Zinc US$ 2 982.50/T UP 0.84% | Brent Crude Oil US$ 80.11/BBP DOWN -0.0137 | Platinum US$ 948.77/OZ DOWN -0.0004