Cost of living

28 Results / Page 1 of 4

Business / Economics

Inflation Inches Up to 3.4 Percent  

The Namibia Statistics Agency’s Mirjam Shihepo reports that headline inflation in November 2025 rose to 3.4 percent from 3 percent in November 2024. Monthly inflation stayed at 0 percent, with Zone 1 recording the lowest annual rate at 3.3 percent, while Zone 2 and Zone 3 both registered 3.4 percent. Shihepo has more.

today5 December, 2025

Business / Economics

Domestic Inflation Inches Up to 3.6% in October

Domestic inflation rose slightly to 3.6% in October , up from 3.5% in September and 3.0% a year earlier, marking a modest rise after months of price stability. Monthly prices climbed 0.5%, ending two months of no change. The increase was mainly driven by higher housing and transport costs, while food inflation continued to ease. Simonis Storm economist, Almandro Jansen:   

today11 November, 2025

Africa

Economists say dealing with inflation and cost-of-living are key to unlocking Africa’s economic stability

(Photo credit: Nela Shikemeni) Economists say Africa’s path to economic stability depends on addressing inflation, disinflation, and the escalating cost of living. Theo Klein, an analyst at Oxford Economics in Cape Town, noted that government subsidies, surging food prices, and political factors are among the strongest forces driving household spending pressures across the continent. Klein explained that sustainable growth will require policies that not only curb inflation but also strengthen […]

today14 October, 2025

Business / Economics

Inflation Rises to 3.5% in September

The annual inflation rate increased to 3.5% in September from 3.2% in August, mainly driven by higher transport and housing costs. Simonis Storm economist Almandro Jansen noted that transport inflation rebounded to 1.3% after months of decline, largely due to rising vehicle prices, while food prices grew at a slower pace. 

today14 October, 2025

Business / Economics

Headline inflation eases to 3.2% in August

Headline inflation in Namibia slowed to 3.2% year-on-year in August 2025, down from 3.5% in July and below market expectations of 3.5%. The slowdown was largely driven by softer food price pressures after improved regional rainfall boosted crop production. Food inflation fell from 6.1% in July to 5.2% in August, providing some relief for households. FNB economist Helena Mboti noted that this trend reflects a combination of improved harvests and […]

today22 September, 2025

Business / Economics

Fuel Prices Adjusted Amid Global Shifts

Global oil prices and currency fluctuations are driving the latest fuel price review, says energy ministry spokesperson Anna Salkeus. The adjustments aim to ease the burden on consumers, while safeguarding the fuel supply chain from potential disruptions. The ministry is working to protect citizens from even steeper increases. 

today1 September, 2025

Lifestyle

More than half of workers report financial stress, Old Mutual Namibia monitor shows

  A new survey from Old Mutual Namibia has revealed that 52% of the country’s working population feels under financial stress, with nearly one-third reporting adverse effects on their mental and physical health. Based on responses from over 650 employed adults, the financial strain stems from rising living costs, stagnant wages, and mounting responsibilities, including caring for both children and adult dependents. Many workers rely on informal side hustles or […]

today29 July, 2025

South Africa

South African Local Government Association Proposes Zero-VAT on Water and Electricity

South Africa's Local Government Association has proposed the zero-VAT-rating of essential items like water and electricity. SALGA's Sabelo Gwala says taxing luxury goods will increase government revenue, suggesting a staggered VAT approach. This comes ahead of Finance minister Enoch Godongwana’s revised budget next Wednesday following disagreements over a potential VAT increase. Gwala warns that a blanket VAT hike would have severe consequences:  

today5 March, 2025

Namibia

Fuel prices go up as government adjusts dealer margins

Image contributed  (Xinhua/Chen Cheng) Motorists will face higher fuel costs from Wednesday, as the Ministry of Mines and Energy has announced a 50-cent per litre price increase. At the same time, fuel retailers will see their margins rise by 30 cents per litre, while the Road Fund Administration levy will increase by 20 cents per litre. The ministry says the adjustments are due to the introduction of a new minimum […]

today4 March, 2025