insert_link Business / Economics Bank of Namibia Engages MPs on Economy and Reform. The Bank of Namibia, led by Governor Johannes !Gawaxab and Deputy Governor Ebson Uanguta, held a statutory engagement with Parliament’s Standing Committee on Economy and Industry, Public Administration and Planning. The meeting focused on regulatory reforms, economic resilience, and financial inclusion, with updates on inflation and consumer protection. Josefina Oskar from the BoN. today26 June, 2025
insert_link Business / Economics Interview: Business Researcher Josef Sheehama on Beneficiation and External Loans: A Strategic Outlook for Namibia’s Economic Future IntroductionIn a recent interview, business researcher Josef Sheehama offered a comprehensive view of Namibia’s economic strategy, emphasizing the dual importance of beneficiation and external loan management. His vision for Namibia's economic independence hinges on industrialization, foreign direct investment (FDI), and leveraging natural resources to reduce dependency on external debt. 1. Namibia’s Vision 2030: Charting a Path to Industrialization Sheehama emphasizes that Vision 2030 is more than a governmental slogan—it […] today12 May, 2025
insert_link Business / Economics China factory activity picks up, showing economy’s resilience in face of tariffs China's manufacturing activity picked up last month, indicating economic resilience in the face of US President Donald Trump slapping more tariffs on China's exports. The latest data comes as policymakers are expected to announce that they'll push China's official budget deficit target to the highest in over three decades. Laura Westbrook reports from Hong Kong. today3 March, 2025
insert_link Africa Business and Economics Researcher Urges Action to Close Namibia’s Economic Gaps According to business and economics researcher Josef Kefas Sheehama, Namibia is aiming to reduce its productivity gap and enhance economic resilience in the coming years. Key recommendations include tackling corruption, improving governance, and shifting focus to high-productivity sectors like manufacturing. Sheehama also stresses the importance of diversifying the economy and increasing domestic revenue generation to address inequality and improve living standards. With the African Continental Free Trade Area presenting new […] today7 January, 2025
insert_link Business / Economics Bank of Namibia Affirms Financial Stability Following Recent Review Naufiku Hamunime, the Acting Director of Strategic Communications and International Relations, shared updates from the Bank of Namibia’s Macro Prudential Oversight Committee. After their December 5th meeting, she confirmed that the financial system remains stable, with both banking and non-banking sectors maintaining sufficient capital and liquidity to handle potential losses. today13 December, 2024
insert_link Environment Bank of Namibia Orders Financial Relief for Drought-Stricken Farmers The Bank of Namibia has directed local financial institutions to establish relief measures designed to support farmers and agricultural businesses facing severe financial difficulties caused by the ongoing drought. BoN’s Director of Strategic Communications and International Relations, Kazembire Zemburuka, explained that this move follows a state of emergency declaration in response to what is described as the worst drought Namibia has experienced in a century, according to The Brief. today29 October, 2024
insert_link Africa Kenya’s Evolving Credit Landscape Highlights Drive for Financial Inclusion Kenya’s economic landscape showcased remarkable resilience in the latter part of 2023, with gross domestic product (GDP) growth coming in at 5.9% in the third quarter of 2023, compared to 4.3% in the corresponding quarter of 2022. Against this backdrop, TransUnion Kenya’s latest Q4 2023 Kenya Credit Industry Insights Report showed a state of flux in the credit market, shaped by macroeconomic shifts, consumer behaviour changes and technological advancements. […] today15 May, 2024
