News By Category Economics

China: ‘No developing country will fall into debt trap’

14 hours ago | Economics

BEIJING - China's foreign ministry said on Sunday that no developing country would fall into a debt trap simply because of its cooperation with Beijing.Chinese foreign ministry spokeswoman Hua Chunying made the comment in an...

Africa Briefs

4 days ago - 16 November 2018 | Economics

SA's land expropriation unnerves investorsPlans by South Africa's ruling African National Congress (ANC) to change the constitution to allow the expropriation of land without compensation have unnerved investors, a senior World Bank group executive said...

Price monster fiercest this year

5 days ago - 15 November 2018 | Economics

Annual overall inflation in Namibia in October was 5.1%, up from 4.8% the previous month and the highest so far this year.As expected, the spike in fuel prices drove the increase with overall transport inflation...

Standing committees ‘critical’

5 days ago - 15 November 2018 | Economics

ADOLF KAURENational Council chairperson Margaret Mensah-Williams says its standing committees have over the years contributed immensely to changing government policy in areas such as human-wildlife conflict and the protection of women and children from rape...

Wage bill still thorn in IMF’s side

1 week ago - 13 November 2018 | Economics

Jo-Maré Duddy – Government should place “special emphasis” on the establishment of a “well-structured policy for the public sector to better align wage dynamics with productivity growth”, the International Monetary Fund (IMF) has said.Concluding its...

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Africa briefs

1 week ago - 13 November 2018 | Economics

Zambia blames opposition for anti-China attacksZambia's government accused the opposition on Friday of fuelling "xenophobic" attacks on Chinese nationals after a spate of violent incidents...

Just a growth wobble or the beginning of the...

1 week ago - 13 November 2018 | Economics

Balazs Koranyi - Two of the world's biggest economies probably shrank last quarter, further proof that global growth is now past its peak and the...

Tweya talks AfCFTA benefits

1 week ago - 12 November 2018 | Economics

Trade minister Tjekero Tweya last Thursday tabled the agreement to establish the African Continental Free Trade Area (AfCFTA) for ratification in parliament.Ratification, which is the...

Namibia lyambangolota - Smit

1 week ago - 12 November 2018 | Economics

ELLANIE SMIT Ngoka omaiyuvo goshilyo shongundu yoPopular Democratic Movement (PDM) Nico Smit, ngoka a holola pethimbo a gandja oshipopiwa she kombinga yomutengenekwathaneko gwoshilongo...

Expert sees potential for energy self-sufficiency

1 week ago - 09 November 2018 | Economics

NDAMA NAKASHOLE Energy challenges in Namibia are related to adding domestic generating capacity in an economically viable and environmentally sustainable way, increasing the share of...

GBV budgeting blunders

1 week ago - 09 November 2018 | Economics

While Namibians continue to pray about, protest against and suffer gender-based violence (GBV), government has dismally failed to budget money to curb the scourge.The latest...

Debit fraud: Here is how SA's big 4 banks...

1 week ago - 09 November 2018 | Economics

The four major banks – ABSA, Standard Bank, Nedbank and FNB – have partnered with the Payments Association of South Africa [PASA] to stop unauthorised...

September household overdrafts beaten by...

1 week ago - 08 November 2018 | Economics

NDAMA NAKASHOLEThe higher growth in overdraft credit in August was due to an increase in the uptake of overdrafts by the household sector.However, latest money...

Africa news in brief

1 week ago - 08 November 2018 | Economics

South Africa's net foreign reserves slipSouth Africa’s net foreign reserves fell to US$42.194 billion in October from US$42.227 billion in September, the Reserve Bank said...

Startupper of the year challenge...

1 week ago - 08 November 2018 | Economics

The 2018-2019 Startupper of the Year by Total Challenge will support and reward young local entrepreneurs in any business sector with a project or business...

BoN, DBN kickoff SME financing...

1 week ago - 07 November 2018 | Economics

STAFF REPORTERThe Bank of Namibia and the Development Bank of Namibia yesterday announced the signing of a Memorandum of Agreement that will operationalise the government’s...

Africa news in brief

1 week ago - 07 November 2018 | Economics

Zimbabwe to announce winning bidders for mining assetsZimbabwe will announce in two weeks the successful bidders for assets owned by state-owned mining company ZMDC, including...

SA could migrate fully to...

1 week ago - 07 November 2018 | Economics

The South African minister of tourism Derek Hanekom told tour operators at the World Travel Market (WTM) London on Monday about this plan.A pilot programme...