insert_link Business / Economics FNB Namibia expects inflation to tick up slightly in June FNB Namibia expects headline inflation to rise by 0.1 to 5.0 percent year-on-year in June. The bank further anticipates a slight decrease in inflation on a month-on-month basis of 0.1 percentage points to 0.2% in June 2024, primarily influenced by a 0.7% reduction in transport costs compared to the previous month. FNB Namibia economist Helena Mboti. Mboti says the alcoholic beverages and tobacco category will significantly contribute to inflation, […] todayJuly 2, 2024 27
insert_link 2 Africa Kenya youth protesters gear up for nationwide strike By Rose TROUP BUCHANAN Kenya braced for a national strike Tuesday following a call by youth protesters for a sweeping shutdown, as opposition to the government's proposed tax hikes gathers momentum. The mainly Gen-Z-led demonstrations have taken President William Ruto's government by surprise, with the Kenyan leader saying over the weekend that he was ready to speak to the protesters. Discontent over the already […] todayJune 25, 2024 16 2
insert_link Africa Over 200 injured, 100+ arrested in Kenya tax hike demonstrations Nationwide protests in Kenya against government tax hike plans have resulted in over 200 injuries and more than 100 arrests. Human rights groups, including Amnesty International, reported a violent crackdown by riot police, involving tear gas, water cannons, and rubber bullets, with at least 105 protesters detained. Future Media's Tshoopara Tshoopara reports from Kenya. todayJune 24, 2024 10
insert_link 2 Business / Economics EXCLUSIVE INTERVIEW; Navigating the Impact of Rising Fuel Prices and Electricity Tariffs: Insights from Josef Kefas Sheehama In the midst of economic challenges and the aftermath of the COVID-19 pandemic, Namibians are grappling with the harsh reality of increasing fuel prices and electricity tariffs. Josef Kefas Sheehama, an observer of socioeconomic trends, sheds light on the pressing issues facing many households in Namibia and offers perspectives on the road ahead. Sheehama begins by acknowledging the significant burden that rising fuel and electricity costs place on individuals already […] todayApril 30, 2024 12 2
insert_link Namibia Government Institutions Pension Fund increases pension and disability income benefits The Government Institutions Pension Fund announced pension and disability income benefits increases. The Board of Trustees took this decision after a thorough actuarial due diligence process and in consideration of various factors such as the inflation rate, cost of living, reasonable benefit expectations of its active annuitants, affordability on the part of the Fund and the average annual return over the last five years, as well as the current and […] todayApril 29, 2024 28
insert_link Business / Economics UNam expert talks Rising Cost of Living Challenges The escalating cost of living, both locally in Namibia and worldwide, has presented enduring challenges, making essentials like food and water unaffordable for many. Governments are grappling with aiding citizens in meeting these basic needs on a daily basis. Dr. Basilius Kasera, a faculty member in Human Sciences at UNam, provides his perspective on one possible solution. todayApril 16, 2024 22
insert_link Interview Transcripts EXCLUSIVE INTERVIEW: Expert Analysis on Rising Cost of Living: A Conversation with Professor Basilius Kasera In a recent discussion, Professor Basilius Kasera from the University of Namibia sheds light on the pressing issue of rising prices and its implications on the lives of ordinary citizens. The conversation delves into various aspects of the current economic landscape, providing valuable insights into the challenges faced by individuals and families in meeting their basic needs amidst increasing costs. Professor Kasera begins by highlighting the lack of effective […] todayApril 16, 2024 7
insert_link Africa Cost of living relief on the cards as Kenya, Nigeria currencies gain ground By Conrad Onyango, bird story agency Squeezed by painfully high prices for over a year, households in Kenya and Nigeria are beginning to get some relief as their national currencies strengthen against the US dollar and the cost of living starts to come down. In 2023, the shilling and naira were ranked among the worst-performing currencies in the world, according to data from Bloomberg and World Currency […] todayApril 2, 2024 7
insert_link Opinion Pieces Battling to make ends meet? Financial planning expert offers 5 tips on how to build your budget Bomikazi Zeka, University of Canberra Every day seems to bring new headlines about rising costs. In Nigeria, unions are threatening to strike amid soaring fuel prices; the country’s inflation rate hit 25% in August. The amount it costs to fill a food basket in South Africa keeps climbing. Ghanaians took to the streets of Accra in late September to protest about the cost of living. A recent study by the […] todayMarch 26, 2024 12
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
