News By Category Economics

N$9.5bn guarantees for SOE borrowing

12 hours ago | Economics

OGONE TLHAGEWINDHOEKGovernment guarantees to back borrowing by public enterprises stood at N$9.5 billon as at the end of August 2021.This has been confirmed by the director for assets, cash and debt control in the ministry...

NAFAU to represent NIDA employees

12 hours ago | Economics

PHILLEPUS UUSIKU The Namibia Industrial Development Agency (NIDA) and the Namibia Food and Allied Workers Union (NAFAU) signed the recognition agreement on Friday. The union now has the right to represent and negotiate on behalf...

Kenyans voice fury over fuel price hikes

12 hours ago | Economics

Kenyans voiced fury on Thursday at a jump in fuel prices, which threaten to pile on the misery for a population already suffering economic hardship because of the Covid-19 pandemic.Fuel prices are now at record...

Relief from the price monster in August

3 days ago - 17 September 2021 | Economics

PHILLEPUS UUSIKUStatistics released by the Namibia Statistics Agency (NSA) indicated that on a monthly basis, inflation decreased by 0.2% in August 2021 compared to an increase of 0.2% in July 2021. This is the first...

Maximizing the full potential of Agriculture

3 days ago - 17 September 2021 | Economics

HANKS SAISAIVision 2030 is fast approaching and with approximately nine years left before the country reaches this significant milestone, it becomes every citizen ’s responsibility to take responsible actions towards attaining this vision. Agriculture is...

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Kenya to host Africa digital finance summit

3 days ago - 17 September 2021 | Economics

STAFF REPORTERKenya is set to host the second annual Africa Digital Finance Summit (ADFS) on 22nd to 24th February, 2022. The three-day event themed “The...

Erongo RED adjusts electricity tarrifs

4 days ago - 16 September 2021 | Economics

The Electricity Control Board (ECB) has approved a weighted average of 1.7% tariff adjustment by Erongo RED effective July 2021 to June 2022.The adjustment according...

Africa pleading for equitable access to vaccines

4 days ago - 16 September 2021 | Economics

ROBIN MILLARDAfrica wants to buy Covid-19 vaccines, rather than keep waiting for donor-funded doses to arrive, the African Union said Tuesday, imploring producers to give...

Africa’s largest economy inflation eases

4 days ago - 16 September 2021 | Economics

CHIJIOKE OHUOCHANigeria’s annual inflation eased in August for a fifth straight month to 17.01% after the pace of food price growth witnessed a drop, figures...

Economy loses billions due to shipping constraints

5 days ago - 15 September 2021 | Economics

PHILLEPUS UUSIKUFor the month July 2021, the Namibian economy lost about N$4.6 billion in potential export earnings. Statistics released by the Namibia Statistics Agency (NSA)...

Send vaccines to Africa- AU says

5 days ago - 15 September 2021 | Economics

Rich nations would do better to send vaccines to Africa to help fight the global Covid-19 pandemic rather than hoarding them for third-dose booster shots...

SA's regulator approves Pfizer vaccine

5 days ago - 15 September 2021 | Economics

South Africa's health regulator has approved Pfizer's Covid-19 vaccine for use by children aged 12 and older, paving the way for the government to offer...

US Democrats propose tax hikes...

5 days ago - 15 September 2021 | Economics

US House Democrats laid out their sweeping tax reform plan Monday that includes reversing cuts made by Donald Trump and raising rates on wealthy Americans...

Rental market showing signs of...

6 days ago - 14 September 2021 | Economics

PHILLEPUS UUSIKUDespite the First National Bank (FNB) rental index registering an annual contraction of 2.3% at the end of June 2021, it is showing signs...

Supply constraints drive weak vehicle...

6 days ago - 14 September 2021 | Economics

PHILLEPUS UUSIKUA total of 764 new vehicles were sold in August 2021, an increase of 28.8% year-on-year but a decrease of 4.5% month-on-month from the...

South African economy to open...

6 days ago - 14 September 2021 | Economics

South Africa will ease Covid-19 restrictions and shorten its nationwide curfew from Monday after a decline in infections, President Cyril Ramaphosa said in a televised...

EU economy lifts out of...

1 week ago - 13 September 2021 | Economics

Daniel Aronssohn and Alex Pigman - European governments have spent hand over fist, despite ballooning public debt, to prevent the coronavirus pandemic from triggering economic...

Zim pays debt to change...

1 week ago - 13 September 2021 | Economics

Mary Taruvinga - After 20 years of not paying its debts, Zimbabwe is taking steps to clean up its balance sheet and its image by...