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

Economy

61 Results / Page 1 of 7

Background
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Opinion Pieces

Namibia Economic Performance under H.E. Dr. Netumbo Nandi-Ndaitwah

  Josef Kefas Sheehama As an independent economic and business researcher and board member of the African Council on Foreign Relations, I would like to celebrate Namibian history by extending my heartfelt congratulations to H.E. Dr. Netumbo Nandi-Ndaitwah, Namibia's first female president-in-waiting and therefore first female president of the Southern African Development Community (SADC). One must be familiar with Iceland's first female president, Vigdís Finnbogadottir, who was elected in 1980. […]

todayDecember 11, 2024 6 2

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Africa

Zimbabwe adopts ZiG currency as sole legal tender

Zimbabwe’s ruling party has passed a resolution to adopt the bullion-backed ZiG currency as the country’s sole legal tender and phase out the use of US dollars. Bloomberg reports that under the country’s current laws, the US currency will remain legal tender until 2030. President Emmerson Mnangagwa has previously suggested this timeline may be brought forward.

todayOctober 29, 2024 14

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Business / Economics

SA’s inflation drops to 3.8-percent

South Africa's inflation rate fell to 3.8 percent last month, down from 4.4 percent in August, marking the lowest rate since early 2021 mainly due to lower transport costs as fuel prices dropped by nine percent from last year. Statistics South Africa’s Patrick Kelly.  

todayOctober 23, 2024 26

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Business / Economics

FlySafair launches first regional route between Cape Town and Windhoek

FlySafair has officially launched its first regional route, connecting Cape Town, South Africa, to Windhoek. The new flights will operate twice a week, on Tuesdays and Saturdays, addressing growing demand on the route, which has yet to recover fully to its pre-COVID-19 passenger volumes which currently stand at 83%. The new route is expected to boost tourism and improve travel links between Namibia and South Africa. Namibia Airports Company Chairperson, […]

todayOctober 23, 2024 26

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Namibia

Swapo promises 250,000 jobs for youth

With Namibia facing high unemployment levels and political parties ramping up their campaign efforts to sway voters, the Swapo Party’s presidential candidate, Netumbo Nandi-Ndaitwah, has announced that the party has allocated over N$80 billion to create more than 250,000 jobs for unemployed youth in the country over the next five years.  

todayOctober 22, 2024 48

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Business / Economics

Bank of Namibia reduces repo rate to 7.25%, offering relief to consumers

The Bank of Namibia has announced a 25 basis point reduction in the repo rate, bringing it down to 7.25 percent. This decision follows an extensive review of domestic, regional, and global economic conditions. Speaking at the monetary policy announcement, BoN Governor Johannes !Gawaxab emphasized the need to moderate monetary restrictions due to slowing economic growth and declining inflation. "Domestic economic activity rose during the first eight months of 2024, […]

todayOctober 16, 2024 16

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