Inflation edges upwards

12 September 2019 | Economics

Annual inflation in Namibia was 3.7% in August, up slightly from 3.6% the previous month, but still below the 4.4% of a year ago.
Data released by the Namibia Statistics Agency (NSA) this morning shows overall food inflation increased from 3.7% in July to 4.3%. In August 2018, overall food inflation stood at 2.7%.
Overall transport inflation came in at 6.1%, down from 6.9% in July. Last August, the rate was 9.7%.

Similar News

 

Mayana community demonstrates over land

1 day - 03 July 2020 | Economics

The community of Mayana in the Kavango East region held a demonstration against what they termed “illegal land grabbing” by the Mayana Small Scale Irrigation...

Virus to undo decade of progress in Africa

2 days ago - 02 July 2020 | Economics

The coronavirus pandemic could set back incomes in Sub-Saharan Africa by a decade as weak oil prices, a tourism standstill and business lockdowns shrink the...

Covid grant: ‘Govt has money’

2 days ago - 02 July 2020 | Economics

Jo-Maré Duddy – Nearly three months after government launched the Emergency Income Grant (EIG) to help needy Namibians who lost their jobs or income due...

Households’ short-term debt more than N$10 bn in May

3 days ago - 01 July 2020 | Economics

Individuals’ bank debt for other loans and advances, which include personal loans and credit card debt, shot up to more than N$8.01 billion last month.Total...

Africa free-trade vision clouded

3 days ago - 01 July 2020 | Economics

David Esnault and Robbie Corey-Boulet - A historic deal to smash down tariff barriers within Africa is being braked by the coronavirus pandemic and a...

Cabinet gives green light to sovereign wealth fund

3 days ago - 01 July 2020 | Economics

NAMPAWINDHOEKCabinet has approved, in principle, the establishment of a national sovereign wealth fund.A sovereign wealth fund is a state-owned investment fund or entity that comprises...

Turkey strives to revive tourist sector

1 week ago - 25 June 2020 | Economics

In normal times, tourists must rise at dawn to secure a free sunbed on the beach in Antalya, a popular holiday resort in southern Turkey.As...

Namport records 30 per cent increase in cargo handling

1 week ago - 24 June 2020 | Economics

The Namibian Ports Authority (Namport) handled a total of 5 561 999 tonnes during the 2019/20 financial year through equal contribution from the ports of...

Poorest countries to save billions in debt relief

1 week ago - 24 June 2020 | Economics

The world's poorest countries could save over US$12 billion owed to sovereign and other creditors this year through their participation in a debt-relief programme, with...

Dramatic downswing expected in Q2

1 week ago - 23 June 2020 | Economics

Phillepus Uusiku The economic downswing is set to deteriorate dramatically in the second quarter due to a sudden stop in domestic economic activity and...

Latest News

Big honour for Air Namibia’s...

1 day - 03 July 2020 | People

MICHELLINE NAWATISES Victor Nghifindaka, who hails from the Ondobe-yeno village in the Ohangwena Region, has been appointed as a member of the International Air...

Swapo exposes Nujoma to attacks...

1 day - 03 July 2020 | Politics

STAFF REPORTERWINDHOEKFormer youth minister Kazenambo Kazenambo says Swapo must take the blame for founding president Sam Nujoma being called a 'thug and liar' in parliament...

Mask-less Iipumbu spat on me:...

1 day - 03 July 2020 | Politics

STAFF REPORTERWINDHOEKSwapo MP Natangwe Iithete says he shoved Namibia Economic Freedom Fighters (NEFF) counterpart Kalimbo Iipumbu in the National Assembly on Wednesday because the opposition...

Conquering the logistics world every...

1 day - 03 July 2020 | People

Michelline Nawatises Oscar Kanovengi was born in Windhoek on 17 September 1978, the year in which the Herero Paramount Chief Clemence Kapuuo was assassinated....

Child marriage still prevalent

1 day - 03 July 2020 | Cultural

ELLANIE SMITWINDHOEKA total of 7% of girls in Namibia are married before the age of 18 and 2% are married before their 15th birthday.Although the...

Reconciliation too loose a concept

1 day - 03 July 2020 | Opinion

Reconciliation has become a buzzword lately in the National Assembly, but this has only solicited insults and physical scuffles.Part of the problem is that the...

Mayana community demonstrates over land

1 day - 03 July 2020 | Economics

The community of Mayana in the Kavango East region held a demonstration against what they termed “illegal land grabbing” by the Mayana Small Scale Irrigation...

Harnessing curiosity

1 day - 03 July 2020 | Banking

Mariselle Stofberg The diverse and ambitious Marion Scheün advises young individuals to find something that they are passionate about and cultivate that into a career....

Quarantine options under stage four

1 day - 03 July 2020 | Health

OGONE TLHAGEWINDHOEKPeople who do not want to commit themselves to quarantine facilities funded by the state will have the option to do so once the...

Load More