Economic Policy

Interview: Josef Sheehama on Rent: A Call for Fairness and Stability in Namibia’s Property Market

In a recent statement, Business and Economics researcher Josef Sheehama discussed the potential impacts of a rent strike in Namibia, drawing comparisons to similar actions, such as the "blackout" protests in the U.S. against wealth inequality. Sheehama's analysis raises important concerns about the rising cost of housing in Namibia and stresses the need for fairness and stability in the property market. The Impact of a Rent Strike in Namibia's […]

10 March, 2025 27

Namibia

MPs Debate Pension Fund Reforms

Lawmakers are actively reviewing proposed amendments to the Members of Parliament and Other Office Bearers Pension Fund. The discussion is focusing on enhancing financial security for public office holders and ensuring sustainability. Some MPs are arguing for increased contributions, while others are raising concerns about fiscal responsibility. The reforms aim to balance long-term benefits with economic realities. A final decision is set to be made after further consultations.

6 March, 2025 38

South Africa

In S.A, ANC calls for a constructive, informed, and sober debate on the budget

In S.A, the ANC Veterans' League is calling for a constructive, informed, and sober debate on the budget. ANC Veterans' League president, Snuki Zikalala, says the government should avoid drastic expenditure slashing and must also be mindful of the sentiment of citizens, who struggle with high unemployment and the ongoing high cost of living. Meanwhile, the DA says it refuses to be held hostage or intimidated by the ANC’s blatant […]

3 March, 2025 41

South Africa

In South Africa, SARS Commissioner urges Strengthening Tax Collection, Not Hikes

South African Revenue Service Commissioner, says raising tax revenue should start with strengthening collection capacity, and not hiking taxes. Edward Kieswetter addressed a panel discussion at a G20 Finance Trackside event in Cape Town on Wednesday. Last week, Godongwana was unable to table the national budget, over disagreements within the government of national unity on a proposed two-percent value-added tax hike.

27 February, 2025 37

Business / Economics

S.A Reserve Bank Governor Warns of Inflation Risks

South African Reserve Bank Governor, Lesetja Kganyago, has warned that global trade tensions and a potential value-added tax hike could derail two years of slowing inflation. Last week the national budget speech was postponed, after a last-minute disagreement within the government of national unity, about a proposal to hike value-added tax by two-percent. Speaking to CNBC Africa on the sidelines of a meeting of G20 finance officials in Cape Town, […]

26 February, 2025 50

Business / Economics

China says US plan to toughen semiconductor curb will backfire

Beijing says the US plan of coercing other countries into going after China's semiconductor industry will backfire. It follows a report by Bloomberg that said Donald Trump's administration is sketching out tougher versions of US semiconductor curbs and pressuring key allies to escalate their restrictions on China's chip industry. Laura Westbrook has more.

26 February, 2025 41

World

EU offers Ukraine rival minerals deal to US

The European Union has presented a deal to Ukraine for access to its critical materials. The move comes as the Trump administration claims it is close to reaching an agreement with Kyiv for a share of its natural resources in exchange for support against Russia. William Denselow reports from Brussels.

26 February, 2025 43

South Africa

SA to Prioritize Development Financing in G20 Presidency

South Africa's National Treasury Director-General, Duncan Pieterse, says South Africa will use its G20 Presidency to address financing for development and tackle barriers to growth in developing countries. The Finance and Central Bank Deputies' meeting is taking place in Cape Town this week. The G20 members represent about 85-percent of the world’s gross domestic product and 75-percent of international trade. Pieterse says South Africa has signalled a strong intent to […]

25 February, 2025 33

Business / Economics

Apple announces big investment in US

Apple has announced a huge $500bn investment in the United States as it shifts more business to the US amid the Trump administration's new tariff regime. The tech giant announced it's hiring 20,000 Americans and building a manufacturing factory to produce servers for artificial intelligence. It comes as President Donald Trump imposes a 10% tariff on all products from China, where most iPhones are made. Benji Hyer reports.

25 February, 2025 48