Economics

Don’t kick the cat!

2 days ago - 03 December 2021 | Economics

John Steytler Namibia is in an unenviable position as a developing country, its economy is very fragile and it is trying to weather the pandemic. Any adverse impacts can and do have long-lasting effects. Where...

Trustco wants to dump NSX, JSE

2 days ago - 03 December 2021 | Economics

Jo-Maré Duddy – With a grim credit rating and a bloody nose from a South African financial tribunal, Trustco Group Holdings now wants to delist from three stock exchanges and is hunting for a “business-friendly...

SA sets new unemployment record

2 days ago - 03 December 2021 | Economics

South Africa's unemployment rate rose again in the third quarter of 2021 to set a new record of 34.9 percent, the government statistics office StatSA announced Tuesday."The number of employed persons decreased by 660 000...

Repo rate on par with South Africa at 3.75%

2 days ago - 03 December 2021 | Economics

PHILLEPUS UUSIKUIJG Securities expect the Bank of Namibia (BoN) to increase the repo rate at the next monetary policy announcement. The repo in Namibia and South Africa currently stands at 3.75%.The South African Reserve Bank’s...

Bank of Namibia strategic plan launched

2 days ago - 03 December 2021 | Economics

PHILLEPUS UUSIKUThe Bank of Namibia (BoN) officially launched its strategic plan for 2022 to 2024 on Wednesday, following a six-month exercise led by the management committee and the board.Speaking at the launch, central bank governor,...

USA is the world's biggest plastic polluter

2 days ago - 03 December 2021 | Economics

The United States is by far the biggest contributor to global plastic waste in the world, according to a new report submitted to the federal...

Omicron renews SA debate on vaccines

2 days ago - 03 December 2021 | Economics

CLAIRE DOYENThe discovery of the Omicron variant of Covid-19 has pushed debate over mandatory vaccinations to the top of South Africa's agenda, as rising infections...

An inclusive informal economy crucial

3 days ago - 02 December 2021 | Economics

PHILLEPUS UUSIKUThe informal sector in Namibia, which is regarded at the backbone of the economy, lacks formal recognition in policies, is unregulated and suffers from...

Omicron variant could outcompete Delta

3 days ago - 02 December 2021 | Economics

ALEXANDER WINNINGThe Omicron coronavirus variant detected in southern Africa could be the most likely candidate to displace the highly contagious Delta variant, the director of...

Trustco wants to delist from NSX, JSE

3 days ago - 01 December 2021 | Economics

Jo-Maré Duddy - Trustco Group Holdings has requested its shareholders to participate in a non-binding advisory vote to, among others, delist from the Johannesburg Stock...

The recovery of the rental market flatlined

4 days ago - 01 December 2021 | Economics

PHILLEPUS UUSIKUAlthough rental markets across most advanced economies are on a path of recovery due to the resumption of “normal life”, improved pace of Covid-19...

Investors spooked

4 days ago - 01 December 2021 | Economics

Jo-Maré Duddy – If government gets its way, the Investment Promotion and Facilitation Bill will become law this week, giving the trade minister sole power...

Economics

SA's Covid-19 cases could triple...

4 days ago - 01 December 2021 | Economics

ALEXANDER WINNING AND WENDELL ROELFSouth Africa's daily Covid-19 infection rate could triple to more than 10 000 by the end of this week as the...

Ethiopia lifts suspension of collateralised...

4 days ago - 01 December 2021 | Economics

Ethiopia’s central bank has lifted a suspension of lending by commercial banks to their customers using collateral such as property, the bank said on Monday.The...

Omicron raises new fears for...

4 days ago - 01 December 2021 | Economics

Delphine Touitou - Just as it was recovering from the body blow of the Covid-19 pandemic, the global economy has taken yet another hit from...

AfDB postpones investment forum

4 days ago - 01 December 2021 | Economics

The African Development Bank (AfDB) has postponed to an unspecified date its planned Dec. 1-3 investment forum in Abidjan, Ivory Coast, due to health concerns...

China leader promises Africa 1...

4 days ago - 01 December 2021 | Economics

China's president pledged to offer Africa one billion Covid-19 vaccine doses on Monday, with the continent struggling to acquire enough jabs to immunise against the...

Draft consensus on future pandemic...

4 days ago - 01 December 2021 | Economics

Stephanie Nebehay - Member states of the World Health Organisation have reached a tentative consensus to negotiate a future agreement on preventing pandemics, bridging the...

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