insert_link Business / Economics Inflation Rises to 3.5% in September The annual inflation rate increased to 3.5% in September from 3.2% in August, mainly driven by higher transport and housing costs. Simonis Storm economist Almandro Jansen noted that transport inflation rebounded to 1.3% after months of decline, largely due to rising vehicle prices, while food prices grew at a slower pace. today14 October, 2025
insert_link Business / Economics 27 February Morning Biz News: Hyphen Expands Training, SA Inflation Rises, Tesla Stock Drops Hyphen Hydrogen Energy Expands Green Hydrogen TrainingHyphen Hydrogen Energy has signed a Memorandum of Understanding (MoU) with the Hardap Regional Council to address the skills gap and prepare local workers for employment in the green hydrogen industry. According to The Brief, this collaboration is part of Hyphen’s broader efforts with the Namibian government to develop specialized training and capacity-building programs. South Africa’s Inflation Rises to 3.2% in JanuaryConsumer inflation in […] today27 February, 2025
insert_link Business / Economics January Vehicle Sales Up Year-on-Year but Drop Monthly Records indicate 966 new vehicle sales in January, a 1.7% increase from January 2024 but a 12.2% decline from December 2024. Economist Almandro Jansen attributes the drop to seasonal trends and post-holiday financial constraints. today25 February, 2025
insert_link Business / Economics Inflation Drops to 3.2% Despite Monthly Increase The local annual inflation rate eased to 3.2% in January, continuing its downward trend due to lower costs in key sectors. However, the month-on-month inflation rate saw an uptick, rising to 1.1% from 0.2% in December. Capricorn Asset Management’s Floris Bergh weighs in: today18 February, 2025
insert_link Business / Economics 2024 Producer Price Index Update Reveals Mixed Sectoral Trends The Producer Price Index has been rebased to 2022, offering more accurate insights into the nation's economic trends. The new reference period, set for June , highlights a shift in price movements across sectors, with mining showing growth year-on-year, but a slight quarterly contraction. Meanwhile, manufacturing saw modest price reductions overall, though dairy and fish processing experienced notable increases. The updated PPI will provide businesses and policymakers with a clearer […] today22 November, 2024
insert_link Business / Economics Private Sector credit declines in February 2024 Private sector credit extension decreased in February 2024 to 1.7% year-on-year down from 2.4% year-on-year in January 2024 and 3.1% year-on-year in February 2023. The trend reflects a continued slowdown in credit uptake, with growth consistently falling below the six-month moving average. Households were the main contributors to the credit uptake. Simonis Storm Economist, Halleluya Ndimulunde. today4 April, 2024
insert_link Business / Economics Namibia’s export earnings declined in December Namibia's export earnings declined by 1.9% to N$11.5 billion in December 2023 from N$11.8 billion in November 2023, while the import bill dropped by 25% to N$15.8 billion. Despite this, exports remained on an upward trend, reaching N$105.0 billion in 2023, exceeding the N$100 billion mark set in 2022 when it registered N$97.4 billion in exports. Here is the Namibia Statistics Agency spokesperson, Mirjam Shihepo. today6 February, 2024
