Economics

Downgrade risk remains

1 week ago - 17 March 2017 | Economics

South Africa is likely to experience moderate growth in 2017 but Standard & Poor (S&P) warns that the country is still vulnerable to a credit downgrade.S&P chief European economist Jean-Michel Six said South Africa's slower...

High rent drives inflation

1 week ago - 16 March 2017 | Economics

STAFF REPORTERThere appears to be no relief on the horizon for consumers based on the latest inflation figures released by the Namibia Statistics Agency (NSA).The inflation rate for February stood at 7.8%.Some analysts believe that...

Putting the budget to bed

1 week ago - 14 March 2017 | Economics

The Medium-Term Economic Framework's (MTEF) pro-growth, fiscal consolidation agenda remains on the table. Pro-growth suggests realigning public expenditure with development goals, while fiscal consolidation translates into improved quality of spending and resource allocation prioritisation.The government's...

Budget is pro poor - Likukela

2 weeks ago - 13 March 2017 | Economics

Twilight Capital Consultants managing director, Mally Likukela says the 2017/18 budget presented in parliament by Finance Minister, Calle Schlettwein is pro poor because it addresses the growing public debt.“The budget was very much according to...

Land critical to economic stability

2 weeks ago - 13 March 2017 | Economics

The African National Congress (ANC) will accelerate the transfer of land to the black majority to help reduce inequality and avert future protests, spokesperson Zizi Kodwa said.“If you don’t deal decisively with the issue of...

Schlettwein asks for patience

2 weeks ago - 10 March 2017 | Economics

At a dinner on Wednesday evening following the tabling of the 2017/18 national budget, finance minister Calle Schlettwein did not mince words when he addressed...

Concern over public service payroll

2 weeks ago - 10 March 2017 | Economics

Opposition party members yesterday shared their views on the national budget, questioning the public service wage bill, the Mass Housing Project and corruption.SWANU president Usutuaije...

Analysts give first impressions

2 weeks ago - 10 March 2017 | Economics

Analysts shared their first impressions of the national budget right after it was tabled in the National Assembly on Wednesday afternoon and welcomed finance minister...

Hopes for Chinese reflation

2 weeks ago - 10 March 2017 | Economics

China's producer prices surged at the fastest pace since 2008, further lifting the outlook for global reflation as manufacturers in the exporter to the world...

No new taxes

2 weeks ago - 09 March 2017 | Economics

OGONE TLHAGE Treasury has moved to tame its expenditure on key government projects in the wake of tough economic times...

Calle speaks out on corruption

2 weeks ago - 09 March 2017 | Economics

Finance minister Calle Schlettwein hit all the right notes in his budget statement presentation in the National Assembly yesterday, including telling government officials to uphold...

Low commodity prices a threat to economy: BoN

2 weeks ago - 09 March 2017 | Economics

NAMPALow commodity prices and global uncertainty emanating from trade relations between the United States and its trading partners remain risks for Namibia’s economy.The Economic Outlook...

Economics

Calle tables N$62.5 billion...

2 weeks ago - 08 March 2017 | Economics

Finance minister Calle Schlettwein today tabled a N$62.5 billion national budget for the 2017/18 financial year, down from the N$66 billion tabled in the last...

Analysts share budget expectations

2 weeks ago - 08 March 2017 | Economics

It remains to be seen how much fat finance minister Calle Schlettwein can trim when he tables what is perhaps one of the most highly...

Financial year ends on 31...

2 weeks ago - 08 March 2017 | Economics

The national budget for the 2017/18 financial year will be tabled in the National Assembly today.The budget will be tabled by finance minister Calle Schlettwein...

Some bills are a financial...

2 weeks ago - 07 March 2017 | Economics

DTA lawmaker Nico Smit has suggested that the passing of the Witness Protection Bill would lead to the creation of yet another state-owned enterprise or...

Streamline government, says Klaus Schade

2 weeks ago - 07 March 2017 | Economics

Ahead of the tabling of the national budget on Wednesday, the director of the Economic Association of Namibia, Klaus Schade, has suggested that government streamline...

SME Bank board, CEO...

3 weeks ago - 01 March 2017 | Economics

The Bank of Namibia has announced that it has taken control of the SME Bank, including all its assets, following questionable investments in neighbouring South...

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