IBOV 172,812.43 ▼ 0.32% IPSA 10,877.68 ▼ 0.18% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,489 ▲ 1.79% COLCAP 2,309.56 ▲ 0.49% BVL PERÚ 56,620.35 — — USD/BRL5.07▼ 0.33% USD/MXN17.39▼ 0.25% USD/CLP932.79▼ 0.18% USD/COP3,237▼ 0.97% USD/PEN3.39▲ 0.09% USD/ARS1,477▼ 0.30% USD/UYU40.11▲ 1.23% USD/PYG6,045▲ 1.76% USD/BOB10.80▲ 2.69% USD/DOP58.02▲ 0.31% USD/CRC446.12▲ 1.15% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.84% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 0.73% USD/TTD6.73▲ 1.11% EUR/BRL5.79▼ 1.13% BRENT 91.08 ▲ 2.08% WTI 84.29 ▲ 1.27% IRON ORE 161.91 — — COPPER 6.56 ▲ 4.10% GOLD 4,083 ▲ 1.80% SILVER 59.39 ▲ 4.55% SOY 1,224 ▼ 0.16% CORN 475.00 ▲ 5.67% WHEAT 673.25 ▼ 0.11% COFFEE 323.15 ▼ 3.36% SUGAR 14.95 ▲ 0.88% ORANGE JUICE 146.85 ▼ 0.37% COTTON 80.03 ▲ 3.44% COCOA 5,580 ▲ 1.09% BEEF 222.73 ▼ 1.68% CATTLE 344.10 ▼ 2.24% LITHIUM 69.35 ▲ 3.62% PETR4 41.54 ▲ 0.95% VALE3 72.32 ▲ 0.54% ITUB4 42.37 ▲ 0.17% BBDC4 18.42 ▲ 0.05% ABEV3 15.80 ▲ 0.06% BBAS3 20.55 ▲ 1.88% B3SA3 15.00 ▼ 1.70% WEGE3 42.81 ▼ 0.74% PRIO3 58.54 ▲ 1.47% SUZB3 41.92 ▲ 0.07% RENT3 36.75 ▼ 1.97% AZZA3 17.77 ▼ 2.20% CSAN3 3.78 ▼ 1.05% RAIZ4 0.27 — 0.00% PCAR3 2.74 ▲ 5.38% GMAT3 3.82 ▼ 0.78% PSSA3 53.32 ▼ 1.62% CVCB3 1.14 ▲ 5.56% POSI3 3.75 ▲ 1.35% SLCE3 13.66 ▲ 0.66% NATU3 8.69 ▲ 0.70% BRKM5 5.94 — 0.00% RANI3 7.88 ▼ 1.38% CSNA3 5.10 ▲ 0.59% CMIN3 5.46 ▲ 1.30% USIM5 8.30 ▲ 1.72% GGBR4 23.64 ▲ 0.08% ENEV3 25.31 ▼ 1.33% CPFE3 46.29 ▼ 0.06% CMIG4 10.99 ▼ 0.27% EQTL3 38.41 ▼ 2.24% LREN3 13.25 ▼ 0.45% VIVT3 35.52 ▼ 0.42% RAIL3 13.29 ▼ 2.06% KLABIN 17.45 ▼ 0.17% RAIA DROGASIL 18.44 ▼ 1.34% RDOR3 33.35 ▼ 5.92% HAPV3 11.24 ▼ 2.68% FLRY3 16.36 ▼ 1.21% SMTO3 15.43 ▲ 0.13% UGPA3 31.47 ▼ 0.73% VBBR3 33.40 ▼ 2.08% BBSE3 41.07 ▲ 0.05% BPAC11 55.36 ▼ 0.86% CURY3 29.59 ▼ 1.99% AERI3 2.04 ▼ 1.45% VIVARA 21.44 ▼ 2.37% COMPASS 24.30 ▼ 1.22% VAMOS 3.13 ▲ 1.29% SANB11 27.36 ▲ 1.30% ASAI3 8.18 ▲ 0.49% SBSP3 28.39 ▼ 2.04% WALMEX 49.33 ▼ 0.10% GMEXICO 205.26 ▲ 2.21% FEMSA 228.05 ▲ 0.48% CEMEX 21.95 ▲ 0.32% GFNORTE 183.49 ▲ 1.94% BIMBO 59.25 ▼ 0.42% TELEVISA 9.83 ▲ 1.24% AMX 22.71 ▼ 0.13% GAP 378.45 ▲ 0.07% ASUR 273.20 ▼ 0.43% OMA 225.78 ▼ 0.29% KOF 181.42 ▲ 0.34% GRUMA 287.25 ▼ 0.12% KIMBER 38.08 ▼ 0.81% SQM-B 64,598 ▲ 2.34% COPEC 6,371 ▲ 2.76% BSANTANDER 78.71 ▲ 3.44% FALABELLA 5,822 ▼ 0.90% ENELAM 84.85 ▲ 0.88% CENCOSUD 2,014 ▲ 0.97% CMPC 1,078 ▲ 1.12% BANCO CHILE 189.96 ▲ 1.86% LATAM AIR 24.51 ▲ 0.41% YPF 80,625 ▲ 1.80% GGAL 7,995 ▲ 1.91% PAMPA 5,465 ▲ 3.70% TXAR 667.00 ▼ 0.52% ALUAR 967.50 ▲ 0.83% TGS 9,630 ▲ 1.37% CEPU 2,324 ▲ 1.53% MIRGOR 16,875 ▼ 1.46% COME 43.12 ▲ 0.40% LOMA NEGRA 3,638 ▲ 1.82% BYMA 293.50 ▼ 0.09% TELECOM ARG 4,180 ▲ 0.84% ECOPETROL 16.64 ▲ 3.81% BANCOLOMBIA 82.75 ▲ 2.39% GRUPO AVAL 4.97 ▲ 0.33% CREDICORP 394.53 ▲ 1.99% SOUTHERN COPPER 184.19 ▲ 5.21% BUENAVENTURA 31.09 ▲ 3.43% MERCADOLIBRE 1,808 ▼ 1.35% NUBANK 14.19 ▲ 1.41% XP 16.60 ▼ 1.22% PAGSEGURO 9.43 ▲ 1.51% STONE 11.10 ▼ 0.22% GLOBANT 32.13 ▼ 0.50% TECNOGLASS 45.62 ▼ 1.06% GAP AIRPORT 217.57 ▲ 0.21% ASUR 273.20 ▼ 0.43% OMA AIRPORT 103.98 ▼ 0.03% AMX ADR 26.07 ▼ 0.13% FEMSA ADR 131.17 ▲ 0.89% CEMEX ADR 12.63 ▲ 1.08% PETROBRAS ADR 18.40 ▲ 1.15% VALE ADR 14.20 ▲ 0.71% ITAU ADR 8.35 ▲ 0.30% SANTANDER BR 5.41 ▲ 0.65% AMBEV ADR 3.10 ▲ 0.65% CSN 1.02 ▲ 0.50% GERDAU 4.69 ▲ 0.11% LATAM ADR 52.62 ▲ 1.70% BTC 66,537 ▲ 2.00% ETH 1,926 ▲ 1.17% SOL 77.98 ▲ 0.24% XRP 1.15 ▲ 3.47% BNB 574.54 ▲ 0.67% ADA 0.17 ▲ 2.72% DOGE 0.07 ▲ 1.62% AVAX 6.62 ▲ 0.67% LINK 8.68 ▲ 1.10% DOT 0.85 ▲ 3.13% LTC 47.70 ▲ 0.77% BCH 225.24 ▲ 2.43% TRX 0.33 ▲ 0.61% XLM 0.19 ▲ 2.84% HBAR 0.07 ▲ 2.87% NEAR 1.94 ▼ 2.00% ATOM 1.49 — 0.00% AAVE 95.88 ▲ 6.80% SELIC 14.25% EMBRAER 83.05 ▼ 0.29% EMBRAER ADR 65.48 ▼ 0.68% JBS 11.85 ▼ 1.54% JBS BDR 60.02 ▼ 1.27% MBRF3 15.22 ▲ 4.82% MBRFY 2.96 ▲ 1.72% INTER 5.55 ▼ 1.33% EGX 53,990 ▲ 1.63% USD/ZAR16.45▼ 0.47% USD/NGN1,376▼ 0.27% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY163.00▲ 0.31% USD/CNY6.76▼ 0.18% DAX 25,011 ▲ 0.66% CAC 8,363 ▲ 0.28% FTSE 10,586 ▲ 0.58% MIB 52,285 ▲ 0.81% IBEX 19,380 ▲ 0.90% STOXX 643.19 ▲ 0.56% EUR/USD1.14▼ 0.03% GBP/USD1.34▼ 0.54% SPX 7,510 ▲ 0.90% DJI 52,264 ▲ 0.82% NDX 29,146 ▲ 1.89% RUT 2,977 ▲ 1.19% TSX 35,307 ▲ 0.99% VIX 17.14 ▼ 8.10% USD/CAD1.41▲ 0.18% US10Y 4.6240 ▲ 0.57% IBOV 172,812.43 ▼ 0.32% IPSA 10,877.68 ▼ 0.18% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,489 ▲ 1.79% COLCAP 2,309.56 ▲ 0.49% BVL PERÚ 56,620.35 — — USD/BRL 5.07 ▼ 0.33% USD/MXN 17.39 ▼ 0.25% USD/CLP 932.79 ▼ 0.18% USD/COP 3,237 ▼ 0.97% USD/PEN 3.39 ▲ 0.09% USD/ARS 1,477 ▼ 0.30% USD/UYU 40.11 ▲ 1.23% USD/PYG 6,045 ▲ 1.76% USD/BOB 10.80 ▲ 2.69% USD/DOP 58.02 ▲ 0.31% USD/CRC 446.12 ▲ 1.15% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.84% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 0.73% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.79 ▼ 1.13% BRENT 91.08 ▲ 2.08% WTI 84.29 ▲ 1.27% IRON ORE 161.91 — — COPPER 6.56 ▲ 4.10% GOLD 4,083 ▲ 1.80% SILVER 59.39 ▲ 4.55% SOY 1,224 ▼ 0.16% CORN 475.00 ▲ 5.67% WHEAT 673.25 ▼ 0.11% COFFEE 323.15 ▼ 3.36% SUGAR 14.95 ▲ 0.88% ORANGE JUICE 146.85 ▼ 0.37% COTTON 80.03 ▲ 3.44% COCOA 5,580 ▲ 1.09% BEEF 222.73 ▼ 1.68% CATTLE 344.10 ▼ 2.24% LITHIUM 69.35 ▲ 3.62% PETR4 41.54 ▲ 0.95% VALE3 72.32 ▲ 0.54% ITUB4 42.37 ▲ 0.17% BBDC4 18.42 ▲ 0.05% ABEV3 15.80 ▲ 0.06% BBAS3 20.55 ▲ 1.88% B3SA3 15.00 ▼ 1.70% WEGE3 42.81 ▼ 0.74% PRIO3 58.54 ▲ 1.47% SUZB3 41.92 ▲ 0.07% RENT3 36.75 ▼ 1.97% AZZA3 17.77 ▼ 2.20% CSAN3 3.78 ▼ 1.05% RAIZ4 0.27 — 0.00% PCAR3 2.74 ▲ 5.38% GMAT3 3.82 ▼ 0.78% PSSA3 53.32 ▼ 1.62% CVCB3 1.14 ▲ 5.56% POSI3 3.75 ▲ 1.35% SLCE3 13.66 ▲ 0.66% NATU3 8.69 ▲ 0.70% BRKM5 5.94 — 0.00% RANI3 7.88 ▼ 1.38% CSNA3 5.10 ▲ 0.59% CMIN3 5.46 ▲ 1.30% USIM5 8.30 ▲ 1.72% GGBR4 23.64 ▲ 0.08% ENEV3 25.31 ▼ 1.33% CPFE3 46.29 ▼ 0.06% CMIG4 10.99 ▼ 0.27% EQTL3 38.41 ▼ 2.24% LREN3 13.25 ▼ 0.45% VIVT3 35.52 ▼ 0.42% RAIL3 13.29 ▼ 2.06% KLABIN 17.45 ▼ 0.17% RAIA DROGASIL 18.44 ▼ 1.34% RDOR3 33.35 ▼ 5.92% HAPV3 11.24 ▼ 2.68% FLRY3 16.36 ▼ 1.21% SMTO3 15.43 ▲ 0.13% UGPA3 31.47 ▼ 0.73% VBBR3 33.40 ▼ 2.08% BBSE3 41.07 ▲ 0.05% BPAC11 55.36 ▼ 0.86% CURY3 29.59 ▼ 1.99% AERI3 2.04 ▼ 1.45% VIVARA 21.44 ▼ 2.37% COMPASS 24.30 ▼ 1.22% VAMOS 3.13 ▲ 1.29% SANB11 27.36 ▲ 1.30% ASAI3 8.18 ▲ 0.49% SBSP3 28.39 ▼ 2.04% WALMEX 49.33 ▼ 0.10% GMEXICO 205.26 ▲ 2.21% FEMSA 228.05 ▲ 0.48% CEMEX 21.95 ▲ 0.32% GFNORTE 183.49 ▲ 1.94% BIMBO 59.25 ▼ 0.42% TELEVISA 9.83 ▲ 1.24% AMX 22.71 ▼ 0.13% GAP 378.45 ▲ 0.07% ASUR 273.20 ▼ 0.43% OMA 225.78 ▼ 0.29% KOF 181.42 ▲ 0.34% GRUMA 287.25 ▼ 0.12% KIMBER 38.08 ▼ 0.81% SQM-B 64,598 ▲ 2.34% COPEC 6,371 ▲ 2.76% BSANTANDER 78.71 ▲ 3.44% FALABELLA 5,822 ▼ 0.90% ENELAM 84.85 ▲ 0.88% CENCOSUD 2,014 ▲ 0.97% CMPC 1,078 ▲ 1.12% BANCO CHILE 189.96 ▲ 1.86% LATAM AIR 24.51 ▲ 0.41% YPF 80,625 ▲ 1.80% GGAL 7,995 ▲ 1.91% PAMPA 5,465 ▲ 3.70% TXAR 667.00 ▼ 0.52% ALUAR 967.50 ▲ 0.83% TGS 9,630 ▲ 1.37% CEPU 2,324 ▲ 1.53% MIRGOR 16,875 ▼ 1.46% COME 43.12 ▲ 0.40% LOMA NEGRA 3,638 ▲ 1.82% BYMA 293.50 ▼ 0.09% TELECOM ARG 4,180 ▲ 0.84% ECOPETROL 16.64 ▲ 3.81% BANCOLOMBIA 82.75 ▲ 2.39% GRUPO AVAL 4.97 ▲ 0.33% CREDICORP 394.53 ▲ 1.99% SOUTHERN COPPER 184.19 ▲ 5.21% BUENAVENTURA 31.09 ▲ 3.43% MERCADOLIBRE 1,808 ▼ 1.35% NUBANK 14.19 ▲ 1.41% XP 16.60 ▼ 1.22% PAGSEGURO 9.43 ▲ 1.51% STONE 11.10 ▼ 0.22% GLOBANT 32.13 ▼ 0.50% TECNOGLASS 45.62 ▼ 1.06% GAP AIRPORT 217.57 ▲ 0.21% ASUR 273.20 ▼ 0.43% OMA AIRPORT 103.98 ▼ 0.03% AMX ADR 26.07 ▼ 0.13% FEMSA ADR 131.17 ▲ 0.89% CEMEX ADR 12.63 ▲ 1.08% PETROBRAS ADR 18.40 ▲ 1.15% VALE ADR 14.20 ▲ 0.71% ITAU ADR 8.35 ▲ 0.30% SANTANDER BR 5.41 ▲ 0.65% AMBEV ADR 3.10 ▲ 0.65% CSN 1.02 ▲ 0.50% GERDAU 4.69 ▲ 0.11% LATAM ADR 52.62 ▲ 1.70% BTC 66,537 ▲ 2.00% ETH 1,926 ▲ 1.17% SOL 77.98 ▲ 0.24% XRP 1.15 ▲ 3.47% BNB 574.54 ▲ 0.67% ADA 0.17 ▲ 2.72% DOGE 0.07 ▲ 1.62% AVAX 6.62 ▲ 0.67% LINK 8.68 ▲ 1.10% DOT 0.85 ▲ 3.13% LTC 47.70 ▲ 0.77% BCH 225.24 ▲ 2.43% TRX 0.33 ▲ 0.61% XLM 0.19 ▲ 2.84% HBAR 0.07 ▲ 2.87% NEAR 1.94 ▼ 2.00% ATOM 1.49 — 0.00% AAVE 95.88 ▲ 6.80% SELIC 14.25% EMBRAER 83.05 ▼ 0.29% EMBRAER ADR 65.48 ▼ 0.68% JBS 11.85 ▼ 1.54% JBS BDR 60.02 ▼ 1.27% MBRF3 15.22 ▲ 4.82% MBRFY 2.96 ▲ 1.72% INTER 5.55 ▼ 1.33% EGX 53,990 ▲ 1.63% USD/ZAR 16.45 ▼ 0.25% USD/NGN 1,376 ▲ 0.02% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY 163.02 ▲ 0.35% USD/CNY 6.7550 ▼ 0.04% DAX 25,011 ▲ 0.66% CAC 8,363 ▲ 0.28% FTSE 10,586 ▲ 0.58% MIB 52,285 ▲ 0.81% IBEX 19,380 ▲ 0.90% STOXX 643.19 ▲ 0.56% EUR/USD 1.1410 ▼ 0.04% GBP/USD 1.3371 ▼ 0.41% SPX 7,510 ▲ 0.90% DJI 52,264 ▲ 0.82% NDX 29,146 ▲ 1.89% RUT 2,977 ▲ 1.19% TSX 35,307 ▲ 0.99% VIX 17.14 ▼ 8.10% USD/CAD 1.4101 ▲ 0.16% US10Y 4.6240 ▲ 0.57%
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Tuesday, July 21, 2026

Africa Southern Africa

Namibia’s Democratic Crossroads: Power Shift After 34 Years?

By · November 25, 2024 · 2 min read

Africa Intelligence

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On November 27, 2024, Namibia faces a pivotal moment. For the first time since independence, the ruling SWAPO party might lose its grip on power.

This election matters because it could reshape the country’s political landscape and economy. SWAPO’s dominance has waned.

Its vote share plummeted from 87% in 2014 to 56% in 2019. Why? Voters are fed up with corruption and lack of economic progress. Young Namibians, in particular, want change.

The main contenders tell a story of contrast. SWAPO‘s Netumbo Nandi-Ndaitwah, 72, represents the old guard. Her rival, Panduleni Itula of the Independent Patriots for Change, embodies the desire for fresh leadership.

However, their clash symbolizes Namibia’s struggle between tradition and transformation. The election’s significance extends beyond Namibia’s borders.

Namibia's Democratic Crossroads: Power Shift After 34 Years?
Namibia’s Democratic Crossroads: Power Shift After 34 Years? (Photo Internet reproduction)
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As part of a wave of African elections in 2024, the outcome could influence regional democratic trends. A peaceful transfer of power would set a positive example.

Key issues dominate the campaign. Unemployment, especially among youth, tops the list. Economic diversification is crucial for a country heavily reliant on mining.

Land reform remains contentious. How the next government tackles these challenges will shape Namibia’s future. The electoral system adds intrigue. A presidential run-off is possible if no candidate secures over 50% of votes.

This could unite opposition forces, potentially ending SWAPO’s 34-year rule. As election day approaches, tension mixes with hope. Namibians value their democratic rights but yearn for effective governance.

In short, this vote offers a rare chance for significant change or a mandate for continuity. The world watches as Namibia decides.

Will it embrace change or stick with the familiar? The answer will reveal much about the nation’s political maturity and its vision for the future.

Part of our ongoing coverage

Africa: The New Scramble — the great-power contest over the continent.

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