Namibian President Hage Geingob has reportedly been elected leader of the nation’s ruling party, positioning him to seek a second term in the 2019 elections. The South West African People’s Organisation (Swapo) elected Deputy Prime Minister Netumbo Nandi-Ndaitwah as vice-president at a congress that ended on Monday, the state-owned Namibia Broadcasting Corporation said on Twitter. Swapo has been in power in Namibia since 1990 when the country, which also borders Angola, Zambia and Botswana, gained independence from South Africa. Geingob, the nation’s third president, was already acting head of the organisation. Namibia is the world’s biggest source of offshore diamonds, most of which are mined by Namdeb Diamond Corporation, a joint venture between the government and De Beers, the world’s largest diamond company. © 2016 Bloomberg
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