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

Economy

72 Results / Page 2 of 8

Background

Business / Economics

Inflation drops to 3.4% in December 2024, driven by lower food and transport prices

Inflation in December 2024 decreased to 3.4% year-on-year, down from 5.3% in December 2023. The decline was primarily driven by lower food and transport prices, although higher housing and utility costs partially offset the reduction. On a month-on-month basis, inflation rose slightly from 3.0% in November to 3.4% in December, largely due to higher food prices and mild transport deflation. FNB Economist Helena Mboti explained the factors behind the inflation […]

today14 January, 2025 40

Business / Economics

Hardap Governor Hails Entrepreneurs as Economic Backbone

Hardap governor Salomon April has praised entrepreneurs for their vital role in driving Namibia’s economy. Speaking at a handover ceremony in Mariental on Tuesday, April highlighted the distribution of equipment to over 50 beneficiaries from the Hardap and //Kharas regions under the Ministry of Trade and Industrialisation’s Equipment Aid Scheme for MSMEs. Minister of Industrialisation and Trade, Lucia Iipumbu, encouraged entrepreneurs who have not yet participated to apply in the […]

today20 December, 2024 14

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. […]

today11 December, 2024 15 2

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.

today29 October, 2024 21

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.  

today23 October, 2024 42

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, […]

today23 October, 2024 39