Economics

Windhoek has highest inflation in Nam

5 days ago - 15 May 2019 | Economics

Windhoek’s annual overall inflation rate in April was 5%, the highest in the country, according to figures released by the Namibia Statistics Agency (NSA) this morning.The NSA launched the country’s first zonal consumer price index....

Drought leaves Namibians desperate

6 days ago - 15 May 2019 | Economics

Ndalimpinga Iita - When there is a prolonged dry spell, the sea of withered amber crops becomes a common sight in the northern part of Namibia.Every day before the sun was up, Liina Mupopya from...

Govt cash not limitless

6 days ago - 15 May 2019 | Economics

Finance minister Calle Schlettwein has cautioned that demands for more money appear to be based on the perception that government has unlimited resources.Speaking in the National Assembly this week, while responding to the matters raised...

From activist to business, and then to power

6 days ago - 15 May 2019 | Economics

In the course of his 66 years, Cyril Ramaphosa has experienced the poverty of Soweto, jail for fighting apartheid, trade union activism, fabulous wealth - and now the taste of election victory.Ramaphosa, who became president...

Ramaphosa's economic reforms in focus

6 days ago - 15 May 2019 | Economics

Olivia Kumwenda-Mtambo - Boosting South African growth and overhauling bloated power firm Eskom are post-election priorities for the African National Congress, but a reduced majority may force president Cyril Ramaphosa to compromise on those and...

House prices remain under pressure

1 week ago - 13 May 2019 | Economics

The FNB House Price Index recorded a contraction of 1.0% at the end of March 2019 compared to a contraction of 0.3% over the same...

Debt breaks consumers

2 weeks ago - 06 May 2019 | Economics

Consumers - by the end of last year - spent N$95.50 out of every N$100 earned to pay off debts. During the recession, the consumer...

Poverty budget does more with less

2 weeks ago - 03 May 2019 | Economics

The number of Namibians receiving social grants from the poverty ministry has increased by 3.2% to nearly 220 000 over the last financial year.In his...

Stimulus for construction sector

3 weeks ago - 30 April 2019 | Economics

Jo-Maré Duddy – Government plans to pump about N$28.9 billion into development projects countrywide in the three fiscal years to the end of March 2022.Of...

Billions to boost agriculture

3 weeks ago - 30 April 2019 | Economics

Jo-Maré Duddy – Nearly N$4.2 billion has been budgeted for the development of agriculture, water and forestry in the three fiscal years ending 31 March...

Tourism: Mega employer, mini budget

3 weeks ago - 30 April 2019 | Economics

Jo-Maré Duddy – The fencing of conservation areas and the upgrading of tourism roads are key priorities in the development budget of the ministry of...

Nedbank Namibia, Simonis Storm review budget

3 weeks ago - 30 April 2019 | Economics

A panel consisting of experts from Nedbank Namibia and Simonis Storm which reviewed the 2019/20 National Budget agreed that finance minister Calle Schlettwein presented a...

Economics

E-tax rollout postponed again

3 weeks ago - 24 April 2019 | Economics

The finance ministry introduced a new electronic income-tax filing system in January, but deadlines are repeatedly being postponed.The date when the new system must become...

Anger at poor public services...

3 weeks ago - 24 April 2019 | Economics

Susan Njanji - Inside the conical brick tower looming over Walter Sisulu Square in Kliptown, Soweto, Busi Hlatshwayo thoughtfully studies 10 giant bronze slabs announcing...

Inflation nightmare returns to haunt...

3 weeks ago - 24 April 2019 | Economics

Fanuel Jongwe - The price of bread almost doubled for Zimbabweans last week, as the inflation nightmare that marked the rule of long-time authoritarian leader...

Chinese N$10bn loan still on...

4 weeks ago - 23 April 2019 | Economics

OGONE TLHAGE The Namibian government is under no obligation to take up any loan offered to as part of a memorandum of...

China 'taking advantage' of Nam

4 weeks ago - 23 April 2019 | Economics

The minister of international relations and cooperation, Netumbo Nandi-Ndaitwah, recently advised a hall full of young Namibians to familiarise themselves with the content and implications...

BoN expects economic growth of...

1 month - 15 April 2019 | Economics

The Bank of Namibia (BoN) expects the economy to grow by 0.3% this year, according to its latest Economic Outlook released today.The Namibian economy was...

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