Economics

May calls on citizens to back her plan

22 hours ago | Economics

Prime Minister Theresa May defended her plan for leaving the European Union (EU) as the only viable option, and called on voters and lawmakers to get behind it or “risk ending up with no Brexit...

Informal sector a big player

1 day - 16 July 2018 | Economics

NDAMA NAKASHOLELocal tax experts say the informal sector plays an important role in the economy and should be treated as such.Following the circulation of leaflets by the finance ministry, demanding tax compliance by the informal...

United Arab Emirates pledges­ US$10 billion in SA

1 day - 16 July 2018 | Economics

The United Arab Emirates (UAE) has pledged to invest US$10 billion in South Africa's economy, including the tourism and mining sectors, the South African presidency said on Saturday.Saudi Arabia committed a similar sum with a...

What is the purpose of livestock in Namibia?

4 days ago - 13 July 2018 | Economics

It is established fact, indeed dogma, that Namibian livestock are used to produce meat, as well as some milk, skins, eggs, draught power and manure. The animals are farmed for production. They or their products...

Finance to appoint revenue head by August

4 days ago - 13 July 2018 | Economics

NDAMA NAKASHOLE - The ministry of finance has kicked off the search for the commissioner of its new Namibia Revenue Agency (NAMRA).The ministry’s senior technical economic advisor who is also chairing the NAMRA task team,...

Price monster puts pedal to the metal

4 days ago - 13 July 2018 | Economics

The hike of 60c/l in the fuel price in June resulted in a spike in annual overall transport inflation and pushed up Namibia’s annual overall...

South Africa's Reserve Bank to talk tough

4 days ago - 13 July 2018 | Economics

All 25 economists surveyed in the past week said the Reserve Bank would keep rates unchanged at 6.50% on July 19. The bank last...

Fuel shifts inflation into higher gear

5 days ago - 12 July 2018 | Economics

A spike in annual transport inflation increased overall annual inflation in June to 4%, up from 3.8% the previous month.Data released by the Namibia Statistics...

Defeating winter for the needy

5 days ago - 12 July 2018 | Economics

Justicia ShipenaOn 10 July MTC donated N$200 000 to the Round Table Namibian Area (RTNAM), to support its Winter Knights project.Winter Knights is a national...

Namibia competes in Collegiate Cyber Defence Invitational

5 days ago - 12 July 2018 | Economics

STAFF REPORTERThis is a cyber-security competition, aimed at creating awareness for cyber security and at the same time teach and learn from each other. There...

Millions for motorcade, aircraft

6 days ago - 11 July 2018 | Economics

Jo-Maré Duddy – Nearly N$27.7 million was spent on ceremonial services and the motorcade of the Office of Pres Hage Geingob in the 2016/17 financial...

South Africa's business confidence index falls again in June

6 days ago - 11 July 2018 | Economics

South Africa’s business confidence fell for a fifth month in a row in June, with activity mainly hit by a sharp decline in the currency...

Economics

The tax benefit of a...

1 week ago - 09 July 2018 | Economics

JOHAN NEL - A common trend in the job market is to award employees a housing benefit. This assists employees to afford the...

South Africans paying too much...

1 week ago - 09 July 2018 | Economics

Presenting its findings of a four-year investigation into the sector, the Competition Commission said private health providers sometimes recommended pricey treatments unnecessarily.“This happens, for example,...

Edgars parent to close Boardmans,...

1 week ago - 09 July 2018 | Economics

The move is the brainchild of new chief executive officer Grant Pattison, who replaced Bernie Brookes at the helm of South Africa’s biggest non-food retailer...

Nigeria woos importers to trade...

1 week ago - 09 July 2018 | Economics

Nigeria’s central bank is wooing local businesses importing goods from China to use the yuan instead of the US dollar in its effort to support...

Most Namibian families can’t own...

1 week ago - 06 July 2018 | Economics

Sixty-four percent or two out of three Namibian families can not own the land on which they live. The figure of 64% is based on...

Nigeria to offer 12.7 bn...

1 week ago - 06 July 2018 | Economics

This was revealed by the junior mining minister said on Wednesday, who added that both foreign and local firms were encouraged to participate.Nigeria’s economy, one...

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