insert_link Business / Economics U.S inflation eased slightly in January U.S inflation eased slightly in January according to new figures — raising questions about possible rate cuts in the coming months. At the same time, figures revealed Americans spending slowed more than what was forecast for January. Mitch McCann reports today1 March, 2025
insert_link Business / Economics Morning Biz News – 18 February 2025 Local Market Update The Namibian stock market saw a total of 337,067 shares traded on 17 February 2025, amounting to N$9.32 million across 20 deals. Year-to-date, total trades have reached 8.5 million shares, valued at N$505.68 million. According to the NSX daily report, Financials, Basic Materials, and Consumer Staples led in value, while Exchange-Traded Products contributed N$12.03 million in trades so far this year. Rand Weakens Ahead of Budget Speech […] today18 February, 2025
insert_link Business / Economics Morning Biz News Update – 27 January 2025 Namibian Stock Exchange (NSX) Activity On 27 January 2025, the NSX recorded a total volume of 1,575,316 shares traded, valued at N$44.9 million across 34 deals. Financials and Basic Materials were the standout sectors, driving significant trade volumes and values. Year-to-date market activity has reached 4.54 million shares, totaling N$280.17 million across 334 deals. South African Rand Weakens The South African rand weakened yesterday, trading at 18.72 to […] today28 January, 2025
insert_link Business / Economics 14 November 2024 Morning Biz News Update: Quiet Local Market Amid Global Economic Shifts By Leonard Witbeen In the latest market developments, Namibia's local stock market had a relatively quiet session on November 13, with a total of N$1.16 million in value traded. According to the NSX daily report, the local market saw a volume of over 125,000 shares exchanged through 12 deals. While the day’s activity appeared subdued, the year-to-date figures paint a busier picture, with over 22 million shares traded, totaling […] today14 November, 2024
insert_link Business / Economics 5 November 2024 Morning Biz News Update: Key Financial Developments In the past year, Namibia has witnessed a significant increase in credit extension, with a total of N$3.37 billion issued—almost double the amount from the previous year. According to The Brief, individuals accounted for N$1.90 billion of this credit, while corporations took up N$1.47 billion. Private sector credit has shown positive growth, rising by 0.6% month-over-month and reaching an annual growth rate of 3.0% by September 2024. Meanwhile, the South […] today5 November, 2024
insert_link Business / Economics Fed minutes suggest rate cut on the cards The Federal Reserve looks increasingly likely to cut interest rates at its next meeting in September. Minutes from the US central bank's July meeting, released on Wednesday, show most policymakers supported a reduction if inflation continued to cool. Here's the report with Sally Patterson. today22 August, 2024
insert_link Business / Economics US consumer inflation falls ahead of Fed interest rate decision By Daniel AVIS Fresh US consumer inflation data published Wednesday is unlikely to sway the Federal Reserve's plans to leave its key lending rate unchanged, but could alter how many rate cuts policymakers pencil in for this year. The annual consumer price index (CPI) came in at 3.3 percent in May, down 0.1 percentage point from April, the Labor Department said in a statement -- […] today12 June, 2024
insert_link World US inflation rose unexpectedly last month US inflation rose unexpectedly last month, largely driven by a rise in gas prices. It's the latest data to suggest inflation remains a problem - at a time when the Federal Reserve is considering the possibility of interest rate cuts later this year. Nick Harper reports. today15 March, 2024
insert_link World U.S. interest rates holding steady as central bank waits for consistent inflation The U.S. Federal Reserve decided to keep interest rates unchanged in their meetings this week– although the committee is hinting that they are likely to cut rates overall this year by 0.75%. Caroline Malone reports. today1 February, 2024
