Economics

African governments hurry to beat higher borrowing costs

3 days ago - 22 February 2018 | Economics

Karin Strohecker and Marc Jones Governments across sub-Saharan Africa are hitting international debt markets hard and fast to try to beat rising borrowing costs, pushing the region's debt levels to new highs. Nigeria has raised...

Retail struggles: Volume down, no bonuses paid

4 days ago - 21 February 2018 | Economics

Stefan Fischer - The national budget for 2017/18 has affected the retail sector too, since the man in the street has experienced less disposable income and therefore reduced spending.Robert Voigts, managing director of Wecke &...

Africa Briefs

4 days ago - 21 February 2018 | Economics

Ghana gets Asian interest in sovereign debtGhana plans to issue a sixth Eurobond of up to US$2 billion by June and has received keen interest from Asian investors, finance minister Ken Ofoti-Atta said on Tuesday.Ghanaian...

First PPI index ­results later this year

5 days ago - 20 February 2018 | Economics

The first batch of the Producer Price Index will be released in the fourth quarter of 2018, which is December. – Nelson Ashipala, Spokesperson: NSA

Nam, SA economies will strengthen

6 days ago - 19 February 2018 | Economics

Local analysts say Namibia's and South Africa's economies will strengthen following the swearing in of the neighbouring country's new president.South African lawmakers on Thursday selected Cyril Ramaphosa as South Africa's new president after Jacob Zuma...

Best practice on staying VAT compliant

6 days ago - 19 February 2018 | Economics

The Act on Value-Added Tax (VAT) contains several prescribed methods on treating VAT, accounting for VAT and declaring VAT. Considering the fast pace at which...

To turn around SA, Ramaphosa faces many tests

6 days ago - 19 February 2018 | Economics

Ben SheppardSouth Africa's new president, Cyril Ramaphosa, takes over a country where post-apartheid optimism has been replaced by anger over continuing racial inequality, dire poverty...

'Nearly man' no more

6 days ago - 19 February 2018 | Economics

Gregory WaltonIn the course of his 65 years, Cyril Ramaphosa has experienced the poverty of Soweto, jail for fighting apartheid, trade union activism, fabulous wealth...

Health in high care

1 week ago - 16 February 2018 | Economics

Henriette Lamprecht - The Ministry of Health and Social Welfare’s dire financial situation will not change this year.Dr. Bernard Haufiku last week pre-empted his ministry’s...

Laid-back January for price monster

1 week ago - 15 February 2018 | Economics

Annual inflation in Namibia in January was 3.6%, down from 5.2% in December and massive relief from the 8.2% in January 2017.Data released by the...

Blacklisting may haunt Namibia

1 week ago - 15 February 2018 | Economics

While the ministry of finance is calling for calm as it is re-engaging the European Union regarding its decision to blacklist Namibia, concerns are lingering,...

Cuba prepares to end dual currency system

1 week ago - 15 February 2018 | Economics

Moises Avila and Carlos Batista – For more than two decades, Cubans have used a unique dual currency system to protect a fragile economy, but...

Economics

Budget will tighten belts

1 week ago - 13 February 2018 | Economics

Despite the prospect of improved growth in 2018, finance minister Calle Schlettwein says budget cuts will continue in the national budget expected to be tabled...

Civil service wage bill a...

1 week ago - 12 February 2018 | Economics

Jo-Maré Duddy – When finance minister Calle Schlettwein tables his 2018/19 Main Budget – widely expected towards the end of this month – containing expenditure...

More budget transparency encouraged

1 week ago - 12 February 2018 | Economics

Ogone Tlhage - Despite ranking well when it comes to transparency regarding its budget, Namibian authorities can still do better to improve the information contained...

Stubborn Zuma drags SADC down

2 weeks ago - 07 February 2018 | Economics

South African leader Jacob Zuma's continued stubbornness, amid ongoing calls for his resignation, including by the new leadership of his African National Congress (ANC), has...

Poverty eradication ministry targets renewable...

2 weeks ago - 05 February 2018 | Economics

The ministry of poverty eradication and social welfare has committed itself to supplying affordable renewable energy to Namibians in the low income sector by 2019....

Africa Briefs

3 weeks ago - 02 February 2018 | Economics

Zim white farmers to get 99-year leasesZimbabwe will issue 99-year leases to white farmers, according to a government circular, after new President Emmerson Mnangagwa said...

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