Economics

SACU important to UK

3 days ago - 21 July 2017 | Economics

Southern African Customs Union trade ministers this week met with their British counterpart, Mark Price, to deliberate on post-Brexit trade matters.The United Kingdom is in the process of exiting the European Union. The SACU ministers...

Rand weakens on repo decision

3 days ago - 21 July 2017 | Economics

The South African rand weakened early on Thursday ahead of an interest rate decision by the central bank, while stocks were set to open flat.The South African Reserve Bank has hiked rates by 200 basis...

Rent, utilities drive inflation

4 days ago - 20 July 2017 | Economics

The Namibian household has been under pressure of late and while there seems to be some relief with some figures dropping in June, the most expensive items continue to be housing and utilities. Rental increases,...

Brexit may birth many regulators

4 days ago - 20 July 2017 | Economics

Britain will probably have to set up fewer than 10 new regulators after leaving the European Union, a government source said on Wednesday, offering the first assessment of how officials will tackle one of the...

No repo rate hike expected

5 days ago - 19 July 2017 | Economics

The South African Reserve Bank is expected to hold off on policy rate cuts at their next meeting, which begins tomorrow, according to a Reuters survey outcome.The outcome of the SARB's decision will have bearing...

No SARB rate hike expected

5 days ago - 19 July 2017 | Economics

South Africa’s Reserve Bank is expected to leave interest rates unchanged at its 20 July meeting, according to a Reuters poll released on Monday, but...

NDP 5 translations necessary

6 days ago - 18 July 2017 | Economics

Residents of the Otjozondjupa Region on Friday called on the government to translate the Fifth National Development Plan document into indigenous languages.The Otjozondjupa residents made...

No tax write-offs

6 days ago - 18 July 2017 | Economics

Finance minister Calle Schlettwein has said that no debt write-offs will be entertained as that would be in contravention of the relevant tax laws.The government...

Strategy for 5th plan kicks off

1 week ago - 13 July 2017 | Economics

The strategy that will guide NDP5 implementation over the course of its life was launched in the National Assembly by the deputy minister of economic...

SA business confidence low

1 week ago - 13 July 2017 | Economics

South Africa's consumer confidence slipped deeper into negative territory in the second quarter, highlighting households' concerns about the weak outlook for the economy, a survey...

2.1% growth for 2017

1 week ago - 12 July 2017 | Economics

The domestic economy is projected to register a moderate growth rate in 2017 before rising further in 2018, according to the Bank of Namibia which...

Home of the rich

1 week ago - 11 July 2017 | Economics

Namibia, and in particular Windhoek, remains one of the most expensive places to live in in the sub-region and outperforms Johannesburg and Cape Town on...

Economics

Tax defaulters urged to pay

1 week ago - 11 July 2017 | Economics

Finance minister Calle Schlettwein is worried that there has been a poor response to a tax scheme that was recently introduced to help taxpayers who...

Slight improvement in business climate

1 week ago - 11 July 2017 | Economics

The IJG Business Climate Monitor recovered by 0.81 points in March, to a level of 47.04 points, from 46.24 in the preceding month.Despite the slight...

Government bills under scrutiny

2 weeks ago - 10 July 2017 | Economics

OGONE TLHAGEIt has come to light that the government has unpaid invoices in excess of N$2 billion that have not been budgeted for, in stark...

SOE cost-cutting plan under way

2 weeks ago - 04 July 2017 | Economics

Public enterprises minister Leon Jooste says the days of overly optimistic business plans or half-baked turnaround strategies at parastatals are over. It appears that...

Namibia has never been downgraded

3 weeks ago - 03 July 2017 | Economics

Economic Advisor to President Hage Geingob, John Steytler said Namibia has never been downgraded by credit rating agencies.Speaking during a meeting at State House Steytler...

Brexit bites

3 weeks ago - 03 July 2017 | Economics

The figures from the United Kingdom's Office for National Statistics painted a bleak picture for British consumers who are facing the double hit of rising...

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