Economics

Tough times ahead

21 hours ago | Economics

Finance Minister Pravin Gordhan had a tough message for South Africans in Wednesday's Budget Speech in the National Assembly, with the introduction of a new tax bracket for the very rich, state debt creeping up...

The burden of our debt

1 day - 23 February 2017 | Economics

The 2017 National Budget should paint a clear picture of how government will prevent exposing future generations to a high debt servicing costs, a local economist has said.Mally Likukela said in a statement this week...

China bolsters agriculture

1 day - 23 February 2017 | Economics

Chinese banks strengthened financial support for agriculture, small-and-micro enterprises and affordable housing projects last year.Outstanding agriculture-related loans stood at 28.2 trillion yuan (about US$4.1 trillion) at the end of 2016, up 7.1% year on year,...

Treasury must stick to its budget guns

2 days ago - 22 February 2017 | Economics

MONEYWEBKPMG South Africa’s theme for budget 2017 is “managing disruptions”. It is an apt theme for current global economic and political conditions: in a period characterised by financial market volatility, political flux, and exponential leaps...

VAT's the way forward

2 days ago - 22 February 2017 | Economics

Increasing the VAT rate could be more effective in closing the tax gap than an increase in taxes for the wealthy, says an expert. Speaking at a pre-budget briefing, head of tax at Norton...

Government to rein in debt

3 days ago - 21 February 2017 | Economics

Finance minister Calle Schlettwein this week met with the heads of state-owned enterprises to discuss the upcoming tabling of the national budget. This marked the...

Africa on the up and up

4 days ago - 20 February 2017 | Economics

Africa's narrative is rising and things are steadily improving according to Galileo Capital chief executive officer Theo Vorster, who spoke at a Business 7 breakfast...

Tax reprieve welcomed

4 days ago - 20 February 2017 | Economics

Tax experts have welcomed the finance ministry's tax incentive programme and expect it to be a success.The ministry recently introduced an incentive programme through which...

Africa is rising

1 week ago - 17 February 2017 | Economics

Africa’s narrative is rising and things are steadily improving according to Galileo Capital chief executive officer Theo Vorster who spoke at a Business 7 breakfast...

Namibia on military watch-list

1 week ago - 17 February 2017 | Economics

Namibia's military spending as a percentage of Gross Domestic Product will come under the Stockholm International Peace Research Institute's (Sipri) watchful eye when finance minister...

Commodity bubble hits Botswana

1 week ago - 17 February 2017 | Economics

Botswana's US$14-billion economy contracted by 1.7% in 2015, weighed down by persistent power and water cuts that disrupted factory production. It will struggle to achieve...

Namwater act on water demand

1 week ago - 16 February 2017 | Economics

The situation of last year when water taps ran dry in some parts of the north forced The Namibian water utility (NamWater) to construct a...

Economics

No tax shocks for budget

1 week ago - 15 February 2017 | Economics

The finance minister Calle Schlettwein will possibly only make minor adjustments and changes to the tax regulations when he tables the budget at the beginning...

Nigeria seeks US$1bn from World...

1 week ago - 13 February 2017 | Economics

Nigeria, Africa's oil producer has been hit hard by a sharp fall in crude prices since 2014, and has been in talks with the Washington-based...

'Four top banks take everything'

1 week ago - 13 February 2017 | Economics

President Jacob Zuma on Friday blamed South Africa's top four banks for controlling the economy, hours after his State of the Nation Address (SONA) in...

Credit growth slows down

2 weeks ago - 06 February 2017 | Economics

Total credit extended to the private sector increased by N$173.3 million or 0.2% in December, bringing the cumulative credit outstanding figure to N$85.8 billion. ...

Positive growth forecasted for 2017

3 weeks ago - 30 January 2017 | Economics

Namibia's estimated gross domestic product (GDP) growth for 2016 was 2% or even less, compared to the 4.4% of growth recorded in 2015.Minister of finance,...

Epangelo inali mbangolota - Schlettwein

3 weeks ago - 30 January 2017 | Economics

Ominista yEmona Calle Schlettwein, okwa tindi nomuthindo kutya epangelo lyaNamibia olya mbangolota. Minista okwa tindi ngaaka ta yamukula komaiyuvo goshigwana kutya etetulo...

Load More