Economics

Red hurricane on trade balance

1 day - 19 June 2019 | Economics

Jo-Maré Duddy – China has claimed the top spot for third consecutive time as Namibia’s export destination in the first three months of 2019.In addition, Namibia has recorded a trade surplus with the super power...

AfCFTA coming into force: What’s next?

1 day - 19 June 2019 | Economics

At an extraordinary African Union meeting in Kigali on 21 March 2018, 44 out of 55 African states signed the African Continental Free Trade Area (AfCFTA) agreement.After 22 of the member states have deposited their...

ANC row over Reserve Bank unnerves investors

1 day - 19 June 2019 | Economics

Olivia Kumwenda-Mtambo and Alexander Winning - A row within South Africa's African National Congress (ANC) about the role of the central bank has unnerved investors and exposed deep divisions in the governing party.One ANC faction...

Nam's trade deficit shrinks

6 days ago - 13 June 2019 | Economics

Namibia recorded a trade deficit of N$2.95 billion in the first quarter of 2019, a drop of about N$6.3 billion or nearly 68.3% compared to the first quarter of 2018.According to the Namibia Statistics Agency...

Inflation ebbs in May

6 days ago - 13 June 2019 | Economics

Annual overall inflation in May came in at 4.1%, down from 4.5% the previous month.In May 2018, annual overall inflation was 3.8%.Figures released by the Namibia Statistics Agency (NSA) this morning show a significant drop...

BoN keeps repo unchanged

1 week ago - 12 June 2019 | Economics

The Bank of Namibia (BoN) this morning kept its repo rate unchanged at 6.75%.This means the prime interest rates of local commercial banks will remain...

'Be worried'

1 week ago - 10 June 2019 | Economics

Landless People's Movement (LPM) leader Bernadus Swartbooi has accused the government of moving N$10 billion from the Government Institutions Pension Fund (GIPF) to the Bank...

Another recession year expected in Namibia

2 weeks ago - 05 June 2019 | Economics

Namibia is likely to remain in recession in 2019 – the third consecutive year of negative economic growth, the International Monetary Fund (IMF) says.The IMF...

Driving the fiscal borrowing agenda

2 weeks ago - 05 June 2019 | Economics

Jo-Maré Duddy – Government has ensured that it will be able to raise about N$7 billion from the domestic market in 2019/20 by compelling local...

Departures at SOEs could drag out Ramaphosa's reforms

2 weeks ago - 05 June 2019 | Economics

Alexander Winning and Olivia Kumwenda-Mtambo - President Cyril Ramaphosa's mission to fix two of South Africa's most troubled state companies, power firm Eskom and South...

Timber shortage tightens screws on Zim carpenters

2 weeks ago - 05 June 2019 | Economics

Marko Phiri - Since timber was added to a list of commodities running short in Zimbabwe's crisis-hit economy late last year, carpenter Josh Mbuyazwe has...

In pursuit of 'zero waste', Senegalese tackle trash

2 weeks ago - 05 June 2019 | Economics

Vincent Bado - Once an idyllic stretch of white beach enticing fishermen and tourists alike, decades of factory and household waste have turned Senegal's Hann...

Economics

Govt to buy local only

3 weeks ago - 27 May 2019 | Economics

Economists say banning imports to promote local small and medium enterprises would be self-defeating unless the government helps SMEs to grow large enough to compete...

Fallout over 2% tax

3 weeks ago - 24 May 2019 | Economics

Political parties and analysts have called on the government to abandon a plan to introduce a “voluntary” 2% tax to fund drought relief.Prime Minister Saara...

Govt on zula spree

4 weeks ago - 23 May 2019 | Economics

The government will soon ask public office bearers and civil servants to pay a voluntary tax that will be used to fund drought relief and...

Windhoek has highest inflation in...

1 month - 15 May 2019 | Economics

Windhoek’s annual overall inflation rate in April was 5%, the highest in the country, according to figures released by the Namibia Statistics Agency (NSA) this...

Drought leaves Namibians desperate

1 month - 15 May 2019 | Economics

Ndalimpinga Iita - When there is a prolonged dry spell, the sea of withered amber crops becomes a common sight in the northern part of...

Govt cash not limitless

1 month - 15 May 2019 | Economics

Finance minister Calle Schlettwein has cautioned that demands for more money appear to be based on the perception that government has unlimited resources.Speaking in the...

Load More