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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Economic Data

11 Results / Page 1 of 2

Background

Business / Economics

Statistics Agency Reports Major Drop in Trade Deficit

  The Statistics Agency reports that Namibia’s trade deficit declined drastically from N$5.5 billion in December 2024 to N$119 million in January 2025. These figures are outlined in the latest International Merchandise Trade Statistics Bulletin. Our correspondent is One Africa TV NewsOnOne's Ellen Shihepo: Watch NewsOnOne weeknights on One Africa TV on GoTv channel 84, DSTv 284 or stream on oneafrica.tv

today5 February, 2025 28

Business / Economics

Morning Biz News Update – 27 January 2025

    Namibian Stock Exchange (NSX) Activity On 27 January 2025, the NSX recorded a total volume of 1,575,316 shares traded, valued at N$44.9 million across 34 deals. Financials and Basic Materials were the standout sectors, driving significant trade volumes and values. Year-to-date market activity has reached 4.54 million shares, totaling N$280.17 million across 334 deals. South African Rand Weakens The South African rand weakened yesterday, trading at 18.72 to […]

today28 January, 2025 17

Business / Economics

Namibia reports trade deficit of N$5.5 billion

    The Namibia Statistics Agency has released the Namibia International Merchandise Trade Statistics Bulletin for the month of November 2024 which indicates that the country’s exports stood at 12.2 billion and imports at 17.7 billion resulting in the country's trade deficit of 5.5 billion. NSA spokesperson, Mirjam Shihepo.  

today16 January, 2025 53

South Africa

South Africa’s Manufacturing Output Drops 0.8% in September

  According to Statistics South Africa, the country’s manufacturing output fell by 0.8-percent in September, with the automotive sector largely responsible. This marks the second month of declining output, following a 1.2-percent drop in August. StatsSA’s Nicolai Claassen says production in motor vehicles, parts, and transport equipment fell by 18.7-percent, accounting for a significant portion of the overall decline:  

today14 November, 2024 46

Business / Economics

Trade deficit reaches N$3.6 billion in August 2024

The Namibia Statistics Agency has reported a trade balance deficit of N$3.6 billion in August 2024 which is an increase from N$2.1 billion in July and a decrease from N$4.9 billion in August 2023. Exports were adjusted upward by N$7 million, while imports decreased by N$1 million, mainly due to higher export values of fish and precious stones, according to Namibia Statistics Agency spokesperson Mirjam Shihepo.  

today2 October, 2024 42

Namibia

Transport, housing, and food drive 4.6% inflation rate

The Namibia Statistics Agency has reported that transport, housing, water, electricity, gas, other fuels, and food and non-alcoholic beverages were the biggest contributors to the 4.6 percent annual inflation rate in July, each contributing 1.0 percentage points. NSA spokesperson Mirjam Shihepo breaks down the numbers.       According to the NSA's July 2024 report, inflation rates varied by zone: Zone 2 (Khomas region) had the highest rate at 5.0%, […]

today8 August, 2024 65

Business / Economics

Namibia’s economy slows but tertiary sectors improve

Namibia’s domestic economy slowed to record a growth of 4.2% in 2023, relative to a growth of 5.3% recorded in 2022, according to national accounts figures released by the Namibia Statistics Agency on Tuesday. The Primary and Secondary industries registered growth rates of 9.7% and 2%, respectively, compared to growth rates of 13.7% and 3.4% in the previous year. According to NSA data, the tertiary industries posted an increase of […]

today27 March, 2024 52

World

With nominations decided, Trump leads Biden in US polls; UK Labour far ahead as election approaches

    By Adrian Beaumont, The University of Melbourne   Joe Biden and Donald Trump have both secured their parties’ nominations for the November 5 United States general election by winning a majority of all delegates to their parties’ conventions, including delegates not yet allocated. Both Biden and Trump won their nominations easily, with Biden taking 86.4% of the national Democratic primary vote in contests so far, far ahead of […]

today19 March, 2024 22