Economics

Rail cargo transportation slipped into a decline

13 hours ago | Economics

PHILLEPUS UUSIKU During June 2021, Namibia transported 975 708 tonnes of cargo through rail, road, air and sea, compared to 810 940 tonnes and 779 139 tonnes that were transported for May 2021 and June...

Electricity production capacity needs to improve

1 day - 02 August 2021 | Economics

PHILLEPUS UUSIKU For the month of June 2021, Namibia mainly imported its electricity from Eskom Aggeneis, Zesco-Firm Zambia and ZPC-Zimbabwe due to a decline in local generation of electricity.The import index went up monthly, registering...

Nigeria's central bank ends dollar sales

1 day - 02 August 2021 | Economics

CHIJIOKE OHUOCHA AND LIBBY GEORGENigeria's central bank is halting dollar sales to exchange bureaus, saying they have become channels for graft and illicit flows of money."It is a huge haemorrhage on our scarce foreign exchange...

GIPF accepting funeral claims electronically

1 day - 02 August 2021 | Economics

The Government Institutions Pension Fund (GIPF) is delighted to inform their members and stakeholders that the Fund has amended the funeral claim submission procedure. GIPF will now accept completed funeral claims submitted electronically via email.The...

KwaZulu-Natal sets state of disaster

1 day - 02 August 2021 | Economics

The government of the province worst-hit by recent deadly unrest in South Africa on Thursday declared a state of disaster to divert funds towards recovery.Riots flared in the eastern KwaZulu-Natal (KZN) province a day after...

IMF approves financing for Cameroon

1 day - 02 August 2021 | Economics

The International Monetary Fund (IMF) said on Thursday its board had approved a three-year financing deal for Cameroon worth US$689.5 million to help the Central...

Namibia’s tourism sector walking on thin ice

4 days ago - 30 July 2021 | Economics

PHILLEPUS UUSIKU Due to limitations to the number of people at gatherings, reduced opening hours for restaurants and bars and moreover travel restrictions, the tourism...

South Africa plans billions in relief

4 days ago - 30 July 2021 | Economics

ALEXANDER WINNING AND WENDELL ROELFSouth Africa plans about R36 billion of relief measures to support businesses and individuals affected by unrest this month and by...

SA unions agree to wage deal

4 days ago - 30 July 2021 | Economics

The majority of public sector unions in South Africa have signed a one-year wage hike deal, a cabinet minister said on Tuesday, as government looks...

Govt caught with its pants down

5 days ago - 29 July 2021 | Economics

Jo-Maré Duddy – Government must open-up the import of Covid-19 vaccines to the private sector to fight the third wave, prevent a fourth and help...

Namibia’s economic recovery ‘disgraceful’

5 days ago - 29 July 2021 | Economics

Jo-Maré Duddy – Dragging vaccine roll-out and the re-imposition of some lockdown measures during the third wave of Covid-19, as well as lower than expected...

Public and private sector collaboration crucial

5 days ago - 29 July 2021 | Economics

The power of unity cannot be overemphasised. Indeed, Namibia has experienced, and is still experiencing the effects of a people united towards a common goal...

Economics

Fighting the fire of discontent

6 days ago - 28 July 2021 | Economics

Jo-Maré Duddy – Although Namibia shares a similar volatile cocktail of high inequality, poverty, unemployment, corruption and waning trust in political powers than South Africa,...

African central banks to hold...

6 days ago - 28 July 2021 | Economics

VUYANI NDABAMajor sub-Saharan African central banks are expected to keep interest rates on hold this week as the region's recovery lags the rest of the...

Africa demands local production of...

6 days ago - 28 July 2021 | Economics

Global pharmaceutical firms should license production of Covid-19 vaccines in Africa rather than just do piecemeal contract deals, an African Union special envoy has said.By...

Inventors tackle plastic waste mountain

6 days ago - 28 July 2021 | Economics

Emma Batha - From surgical masks and gloves to disposable hospital gowns and aprons, the COVID-19 pandemic is creating a mountain of plastic medical waste...

Namibia's mining environment remains favourable

1 week ago - 27 July 2021 | Economics

PHILLEPUS UUSIKUDiamond, zinc and uranium production were the main drivers of mining output for the month of May 2021.According to the Namibia Statistics Agency (NSA),...

Ghana to receive 18 million...

1 week ago - 27 July 2021 | Economics

Ghana hopes to receive over 18 million doses of Covid-19 vaccines before October as it struggles to contain a third wave of infections, President Nana...

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