insert_link Local Namibia Shines at Africa Energies Summit 2024 Managing Director of Monasa Advisory & Associates and Chairperson of the Economic Association of Namibia, Jason Kasuto, attended as a selected speaker the Africa Energies Summit 2024. The summit organised by Frontier Communications, now in its 10th year, is a cornerstone event that brings together leaders and innovators from across the continent to discuss the dynamic energy landscape of Africa. The Africa Energies Summit, hosted annually, serves as […] todayMay 21, 2024 13
insert_link Local Bank Windhoek SME recovery loans assistance clocks N$ 200 million On Monday, 20 May 2024, Bank Windhoek’s Head of Small and Medium-sized Enterprises (SME), Financial and Data Analytics, Bianca Janse Van Vuuren, announced that the Bank has fully utilised the N$ 200 million allocated under the Small and Medium-sized Enterprises (SME) Economic Recovery Loan Scheme, of this amount N$ 192 million is already disbursed, with the remaining N$ 8 million approved pending disbursement. Van Vuuren said that […] todayMay 21, 2024 47
insert_link Namibia President Mbumba officially opens first Cabinet meeting of 2024 President Nangolo Mbumba has inaugurated the first Cabinet of 2024 at State House, pointing out the country's economic recovery in different sectors. Mbumba attributed the industry success to the Harambee Prosperity Plan initiated by late President Hage Geingob. President Mbumba also revealed that Namibia's economic growth exceeded pre-pandemic levels, reaching 7.2% in the third quarter of 2023. The Bank of Namibia's Economic Outlook projects a GDP growth of 3.4% for […] todayFebruary 13, 2024 41
insert_link Business / Economics Moody’s downgrades Israel’s debt rating Moody's has downgraded Israel's debt rating from A1 to A2 due to the economic impact of its conflict with Hamas. The credit rating business listed the increased political risk, weakened institutions, and fiscal strain as key factors. Despite remaining investment-grade, the downgrade will raise borrowing costs for Israel. Bank of Israel Governor Amir Yaron meanwhile says the country's economy is strong and will recover from the impact of the war. todayFebruary 12, 2024 3
insert_link World Gaza’s GDP declined by $655 million in 2023 According to the UN Trade and Development Agency’s latest report, Gaza’s Gross Domestic Product declined by $655 million last year, roughly 25 percent, mainly due to the onset of war. Here’s Rami Al Azzeh, an economist with the Assistance to the Palestinian People Unit at UNCTAD. todayFebruary 1, 2024 22
insert_link Business / Economics UK economy rebounds in November: official data Britain's recession-threatened economy rebounded in November from the previous month, official data showed on Friday. Gross domestic product expanded 0.3 percent in November after contracting by 0.3 percent in October, the Office for National Statistics said in a statement. "GDP bounced back..., led by services with retail, car leasing and computer games companies all having a buoyant month," noted ONS chief economist Grant Fitzner. "The longer-term picture remains one […] todayJanuary 12, 2024 3
insert_link Namibia Academic dialogues essential for driving sustainable economic development: Frederick ||Kharas Governor, Aletha Frederick said insight generated from academic dialogue is instrumental in informing evidence-based decision-making processes that are essential for driving sustainable economic development. Frederick made these remarks at the University of Namibia’s faculty of commerce, management and law research symposium held here on Tuesday under the theme ‘Economic recovery and resilience’. She said research serves as the cornerstone for understanding the complexities of economic recovery and resilience, adding […] todayNovember 29, 2023 4
insert_link 2 Business / Economics Director of SME Compete wants increased support for SMEs The Director of SME Compete, Danny Meyer says SMEs need support to enable them to help with the country’s economic recovery efforts. INSERT: ENG Danny Meyer SME's todayNovember 28, 2023 24 2
insert_link South Africa South Africa’s immigration proposals are based on false claims and poor logic – experts By Loren B Landau, University of the Witwatersrand and Rebecca Walker, University of the Witwatersrand The South African government recently issued a long-awaited policy statement – called a White Paper – outlining proposed changes to the country’s asylum and immigration system. More than 20 years after its first post-apartheid immigration legislation in 1998, immigration remains a pressing concern. Getting this policy right could help with South Africa’s economic recovery, increase […] todayNovember 27, 2023 8
