Economics

Infrastructure key to employment

20 hours ago | Economics

African Union representative Cheikh Bedda has warned that sky-high youth unemployment on the continent can seriously harm economic gains.“Failure to effectively deal with deepening unemployment among Africa's growing youth population could seriously erode the economic...

In greying east Germany, a community for sale

6 days ago - 08 December 2017 | Economics

Madeleine Schwartz - One recent morning Paul Urbanek, 71, found a strange sign by the entrance to Alwine, a small and remote community of run-down houses in ex-communist eastern Germany.The entire place was up for...

SARS: Sorry, no VAT refunds

1 week ago - 07 December 2017 | Economics

CATHERINE SASMAN - The South African Revenue Service (SARS) says the non-payment of value-added tax (VAT) refunds to Namibian traders – as well as traders in the Southern African region - is because of “a...

Allan Gray celebrates 21 years

1 week ago - 05 December 2017 | Economics

For the past 21 years, Allan Gray Namibia has been a key stakeholder in the local investment industry and a responsible corporate citizen with great ambition to contribute more to the development of the country....

Africa Briefs

1 week ago - 01 December 2017 | Economics

Eskom: Cuts unlikely despite coal supply fallSouth African utility Eskom said yesterday rolling power cuts are unlikely despite coal supply possibly falling below a 20-day requirement at its Hendrina power station.Investigative news outfit AmaBhungane reported...

Africa Briefs

2 weeks ago - 30 November 2017 | Economics

Billion-strong fund for African SMEsFrance is setting up a billion-euro (US$1.2 billion) fund for small- and medium-sized African businesses, President Emmanuel Macron announced Tuesday.Macron, visiting...

SA’s S&P downgrade to affect Namibia

2 weeks ago - 29 November 2017 | Economics

Ogone Tlhage - South Africa’s recent downgrade by ratings agency Standards and Poor’s will have some negative consequences on the Namibian economy, according to Economics...

Retailers welcome ‘Black Friday’

2 weeks ago - 28 November 2017 | Economics

Retailers at the Grove Mall in Windhoek have expressed delight in the recently concluded Black Friday sale bonanza which ran on Friday last week.The initiative...

Ratings cut? SA's local bonds already trade as junk

2 weeks ago - 27 November 2017 | Economics

S&P Global Ratings cut South Africa’s local currency debt to "junk" status, while Moody’s placed the country on review for a downgrade. However, the view...

Africa Briefs

2 weeks ago - 27 November 2017 | Economics

Algeria govt debts owes businesses billionsAlgerian President Abdelaziz Bouteflika ordered his government to settle debts owed to foreign and local companies immediately, the presidency said...

Budget approved in a rush

2 weeks ago - 24 November 2017 | Economics

Not only was the budget speedily tabled, it was also pushed through with a lot of errors, to the point that the ministry of finance...

Population grows by 200 000 in five years

3 weeks ago - 23 November 2017 | Economics

The estimated population of Namibia grew from 2 113 077 in 2011 to 2 324 388 in 2016, which represents a 10%, according to the...

Economics

PDM lashes 'reckless' govt, Schlettwein

3 weeks ago - 23 November 2017 | Economics

“Irresponsible”, “reckless”, and “unreliable” were some of the words used by People's Democratic Movement (PDM) member of parliament Nico Smit to describe finance minister Calle...

Whether new dawn or another...

3 weeks ago - 23 November 2017 | Economics

The surprise economic star of 2017, when it wraps up next month, will have been the euro zone: growth looks set to come in at...

Africa Briefs

3 weeks ago - 22 November 2017 | Economics

Nigerian economy grows 1.4% in Q3 Nigeria's economy grew 1.4% year-on-year in the third quarter, extending its slow climb out of its first recession...

Fitch downgrades Namibia to junk

3 weeks ago - 21 November 2017 | Economics

Fitch Ratings has downgraded Namibia's long-term foreign-currency issuer default rating (IDR) to 'BB+' from 'BBB-'. The outlook is 'stable'. According to the ratings agency,...

Better overall governance since 2012

3 weeks ago - 21 November 2017 | Economics

Jo-Maré Duddy – The Mo Ibrahim Foundation may have highlighted Namibia as one of top ten African countries which can boast with increasing improvement of...

Schlettwein to table new tax...

3 weeks ago - 21 November 2017 | Economics

Staff reporter - Finance minister Calle Schlettwein will table a bill providing for the introduction of a presumptive tax on the informal sector of the...

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