February 2024 inflation rate drops to 5.0%

Namibia’s annual inflation rate for February 2024 decreased to 5.0% from 7.2% in February 2023. According to Namibia Statistics Agency spokesperson Mirjam Shihepo, major contributors to the rate were food and non-alcoholic beverages, transport, alcoholic beverages, and tobacco.

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Written by: Tonata Kadhila

Alcoholic Beverages Economic Data Food and Beverages Inflation Rate Namibia Statistics Agency tobacco transport

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Kuugongelwa-Amadhila stresses need for strong legal framework in oil and gas sectors

By: Hertha Ekandjo Speaker of the National Assembly, Saara Kuugongelwa-Amadhila, has emphasised the importance of a strong legal framework and effective public institutions to manage resources in Namibia’s burgeoning oil and gas sectors. She noted that these industries present new opportunities for economic growth, employment, and poverty reduction, but only […]

March 24, 2025 13