S.A Union Welcomes Inflation Drop, Urging Reserve Bank to Lower Repo Rate

S.A Union federation Cosatu has welcomed the drop in consumer inflation from 4.4-to 3.8-percent, saying it offers relief to struggling workers. Spokesperson Matthew Parks is urging the South African Reserve Bank to reduce the repo rate by at least 50 basis points to ease debt burdens. He also calls for government intervention to stabilise Eskom and reduce fuel prices:

Written by: Leonard Witbeen

COSATU Eskom crisis fuel prices Future Media FUTURE MEDIA NAMIBIA FUTURE MEDIA NEWS Inflation Drop Matthew Parks Repo Rate South Africa Economy South African Reserve Bank

Tourism Board Calls for Informal Market Integration

4 February, 2026

Business / Economics

NIDA owes Keetmanshoop municipality nearly N$4.2 million

By: Hertha Ekandjo The Namibia Industrial Development Agency (NIDA) has confirmed that it owes the Keetmanshoop municipality approximately N$4.2 million in outstanding water and electricity charges as of end of January 2026. NIDA spokesperson, Wessel !Nanuseb, says the outstanding electricity bill currently amounts to N$2.8 million, while water stands at […]

3 February, 2026