Economics

More billions spent on foreign goods

2 weeks ago - 07 June 2021 | Economics

Windhoek ∙ [email protected] Due to Covid-19 trade restrictions last year, spending on foreign goods was relatively less. With the easing of restrictions, a significant boost on imports expenditure can be observed.According the Namibia Statistics...

Savings investment gap deteriorating

2 weeks ago - 03 June 2021 | Economics

Windhoek ∙ [email protected]nmh.com.na For the past 7 years, except for 2020, Gross Fixed Capital Formation (GFCF) or investment was consistently higher than gross savings.According to the Namibia Statistics Agency (NSA), this is a reflection...

New targets for vaccinating poorest

3 weeks ago - 29 May 2021 | Economics

Stephanie Nebehay The Covid-19 pandemic is being perpetuated by a "scandalous inequity" in vaccine distribution, the head of the World Health Organisation (WHO) said on Monday as he set new targets for protecting people...

Meat prices keep escalating

1 month - 21 May 2021 | Economics

Windhoek ∙ [email protected] For the past five months, meat inflation which is one of Namibia’s staple food averaged 12.56%. On an annual basis, meat inflation jumped from 4.2% in April last year to 15.8%...

Price monster guzzles fuel

1 month - 18 May 2021 | Economics

Windhoek ∙ [email protected] Rising fuel prices since the beginning of the year have taken its toll on annual transport inflation, which jumped from 2.4% in March to 7.5% last month.A year ago, transport...

Economy on life support

2 months ago - 08 April 2021 | Economics

Windhoek ∙ [email protected] The impact of the Covid-19 pandemic, coupled with the ongoing recession, sucked more than N$5 billion out of the economy...

The Dollar-Rand Peg: Time to Decouple?

2 months ago - 31 March 2021 | Economics

Windhoek • Carel Jordaan, RMB Trader Namibia’s sophisticated and liquid foreign exchange market plays a crucial role in its economy. Notwithstanding the country’s...

Light at the end of the tunnel

2 months ago - 28 March 2021 | Economics

Africa is set to recover from its worst recession in half a century. Real GDP is projected to grow by 3.4% in 2021 after contracting...

Public debt to raise to N$140bn

3 months ago - 18 March 2021 | Economics

Windhoek ∙ [email protected] Namibia’s public debt is expected to raise to N$140 billion - or 76.25% of the gross domestic product, finance minister...

Arandis Council acquires stake in charcoal company

4 months ago - 13 February 2021 | Economics

Arandis The Arandis Town Council recently acquired a 10 percent stake in Unoo Investments CC, a charcoal processing plant established in January 2020.Unoo Investments...

New strategy for economic trajectory

4 months ago - 09 February 2021 | Economics

As Namibia advances towards becoming an important transit route for cargo into southern Africa, the country continues to develop and transform itself into a logistics...

Thousands resort to bribery

4 months ago - 06 February 2021 | Economics

Windhoek ∙ [email protected] Namibia is among the top five countries in Africa where citizens believe corruption is on the increase.74% of Namibians surveyed in...

Economics

Reshaping realities

7 months ago - 25 October 2020 | Economics

The Covid-19 pandemic has undoubtedly eroded the overall improvement in risk-reward scores seen across Africa in recent years, but this should not deter investors. Africa’s...

Covid’s real impact on the...

7 months ago - 23 October 2020 | Economics

The Covid-19 pandemic is a crisis like no other, and there was a substantial degree of uncertainty around its impact on lives and livelihoods. “Governments...

Property prices: Swakop, Walvis under...

2 years ago - 24 December 2018 | Economics

Jo-Mare Duddy - Uncertainties in the uranium, fishing and tourism sectors are pushing average house prices at the coast down. Releasing the FNB House Price...

Trade by sea surges in...

2 years ago - 24 December 2018 | Economics

Jo-Maré Duddy - The key role assigned to Walvis Bay in Namibia’s aspirations to become a logistics hub in the Southern African region is evident...

Tweya takes on saboteurs ...

2 years ago - 05 November 2018 | Economics

Leandrea Louw Minister of industrialisation, trade and SME development Tjekero Tweya has refuted claims that he travelled overseas with president Hage Geingob...

A million Namibians are broke

2 years ago - 20 August 2018 | Economics

Jo-Maré DuddyFor Agnes B*, like the rest of the nearly one million Namibians now part of a new official statistic, it is tough to keep...

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