Economics

Plan for ocean economy by 2025

8 hours ago | Economics

Jo-Maré Duddy - Namibia is willing to be part of the first group of countries to develop sustainable ocean plans by 2025.Speaking the launch of the Transformations Document on Sustainable Ocean Economy this morning, Pres...

Second Harambee Prosperity Plan to be launched

20 hours ago | Economics

The second phase of the Harambee prosperity plan (HPP) will be launched in February next year, President Hage Geingob has said.Geingob while addressing the last cabinet meeting on Tuesday said the second phase will focus...

Ivory Coast struggles to sell cocoa

20 hours ago | Economics

Ange AboaIvory Coast has not sold up to 15% of cocoa from its ongoing main crop, while the vast majority of the upcoming mid-crop remains unsold as the Covid-19 pandemic drives down chocolate demand.The performance...

SACU inflows boost reserves

1 day - 02 December 2020 | Economics

Jo-Maré Duddy - Namibia’s foreign reserves rose by 5.2% to nearly N$34.4 billion in October – up N$1.688 billion from the previous month.The latest figures provided by the Bank of Namibia (BoN) is a turnaround...

Collaboration vital for agricultural sector transformation

1 day - 02 December 2020 | Economics

PHILLEPUS UUSIKUKavango East Governor Bonifatius Wakudumo has called on Agribank to partner his office on his plans to transform the agricultural sector in his region. The Governor made this plea while addressing Agribank stakeholders during...

ADB loan to be used for railway construction

1 day - 02 December 2020 | Economics

The Namibian government plans to develop the country into a transport and logistics hub in southern Africa.This will be made possible by the ground breaking...

Transparency remains opaque

1 day - 02 December 2020 | Economics

Jo-Maré Duddy – Namibia’s overall performance on the leading Ibrahim Index of African Governance over the past decade might have improved, but it was not...

Pandemic pushes 235 million people in extreme poverty

1 day - 02 December 2020 | Economics

Matthew LavietesThe coronavirus pandemic is pushing the number of people worldwide who need humanitarian assistance to survive to new highs. One in 33 people will...

World Bank sees Lebanon in prolonged depression

1 day - 02 December 2020 | Economics

Lebanon is suffering from an arduous and prolonged depression as a result of authority’s deliberate lack of effective policy action. Real economic growth is projected...

Nam might consider another Eurobond

1 day - 02 December 2020 | Economics

Jo-Maré Duddy – Namibia is likely to roll over its US$500-million Eurobond when it matures next year and to conduct further issuance to meet its...

After year-long sprint, vaccines finally at hand

1 day - 02 December 2020 | Economics

Paul Ricard - Less than a year after an unknown coronavirus that has claimed 1.4 million lives began spreading across the globe, a number of...

Nam to make upfront payment to global scheme

1 day - 02 December 2020 | Economics

Namibia has approved an upfront payment of N$26.4 million to the COVAX global Covid-19 vaccine distribution scheme co-led by the World Health Organisation.The nation of...

Economics

Mexico to introduce fuel and...

2 days ago - 01 December 2020 | Economics

Mexico will introduce fuel and tax breaks along the country's southern border and extend a program of similar benefits through the end of 2024 along...

Sudan prices skyrocketing

2 days ago - 01 December 2020 | Economics

Patrick WerrInflation in Sudan has risen to one of the highest levels in the world, and the country risks slipping into hyperinflation unless it gets...

Canada adds extra C$691 mln...

2 days ago - 01 December 2020 | Economics

Canada's government said on Saturday it will pump an additional C$691 million (US$531.87 million) to support the country's dairy, poultry and egg farmers, and also...

Finance warns against Shiimi hoax...

3 days ago - 30 November 2020 | Economics

Jo-Maré Duddy – The ministry of finance has warned against a fake Facebook page using the name of minister Iipumbu Shiimi and promising funding opportunities...

Economic development should be prioritised

3 days ago - 30 November 2020 | Economics

PHILLEPUS UUSIKU - Aggressive government policy interventions are of critical importance to ensure that the domestic economy grows and remain relevant regionally and globally in...

SA fights hunger with digital...

3 days ago - 30 November 2020 | Economics

Kim Harrisberg - Mimi Ngalula never imagined cardboard boxes, cans and bottles would save her five children from hunger during lockdown, but over the past...

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