insert_link Business / Economics FNB Namibia expects inflation to reach 4.7% in September FNB Namibia expects headline inflation to increase to 4.7% year-on-year in September from 4.4% in August, mainly driven by rising food and non-alcoholic beverage prices because of the ongoing drought, while transport costs continue to decline. Core inflation is expected to slightly decrease from 3.8% in August to 3.7% in September. FNB Namibia economist Helena Mboti, explains. today2 October, 2024
insert_link Business / Economics FNB Namibia expects inflation to reach 4.7% in September FNB Namibia expects headline inflation to increase to 4.7% year-on-year in September from 4.4% in August, mainly driven by rising food and non-alcoholic beverage prices because of the ongoing drought, while transport costs continue to decline. Core inflation is expected to slightly decrease from 3.8% in August to 3.7% in September. This small drop suggests that, even though overall inflation might temporarily rise, inflationary pressures in the economy are gradually […] today2 October, 2024
insert_link Business / Economics FNB Namibia expects inflation to tick up slightly in June FNB Namibia expects headline inflation to rise by 0.1 to 5.0 percent year-on-year in June. The bank further anticipates a slight decrease in inflation on a month-on-month basis of 0.1 percentage points to 0.2% in June 2024, primarily influenced by a 0.7% reduction in transport costs compared to the previous month. FNB Namibia economist Helena Mboti. Mboti says the alcoholic beverages and tobacco category will significantly contribute to inflation, […] today2 July, 2024
insert_link Business / Economics NIPDB hosts annual TechNovation social The Namibia Investment Promotion and Development Board, in collaboration with FNB Namibia, hosted the third annual TechNovation Social-themed “Bringing creators and customers together.” This year's event featured an exhibition by 21 Micro, Small, and Medium Enterprises in the creative and culture industry. Here is Dino Ballotti, Executive Director for MSME Innovation and Acceleration at the NIPDB. today20 June, 2024
insert_link Local Hileni Amadhila joins Old Mutual Namibia as Senior Public Relations, Stakeholder, and Communications Consultant Old Mutual Namibia is pleased to announce the appointment of Hileni Amadhila as the new Senior Public Relations, Stakeholder, and Communications Consultant within the Group Marketing, Public Affairs, and Sustainability team. Hileni brings over 11 years of extensive experience in strategic marketing and communication to her new role at Old Mutual Namibia. With a proven track record in leading external and internal communication, PR, advertising, and brand management, […] today6 June, 2024
insert_link Namibia Namibia Mourns Loss of Renowned Banker Tomas Koneka Iindji Namibians are grieving the passing of Tomas Koneka Iindji, a prominent banker who played a significant role in the banking sector for decades. Iindji, aged 44, served with distinction at First National Bank of Namibia before becoming the Head of Business and Commercial Banking at Standard Bank earlier this year. His contributions were celebrated by both Standard Bank and the Namibia Chamber of Commerce and Industry, where he served as […] today25 April, 2024
insert_link Business / Economics FNB Namibia economist forecasts April inflation Following the release of the Consumer Price Index for March 2024, which shows the annual inflation rate stood at 4.5% compared to 7.2% recorded in March 2023, by the Namibia Statistics Agency, we contacted Helena Mboti an economist at FNB Namibia to get the bank's inflation forecasts for April 2024. today10 April, 2024
insert_link Namibia FNB House Price Index: Diverse Growth Trends Across Segments and Regions The FNB Namibia House Price Index for Quarter 4 of 2023 showed 1.5% 12-month average growth, down from the previous quarter. Segments varied, with declines in small and medium segments, while large and luxury segments surged. Ruusa Nandago, FNB Namibia Economist, provided insights. today10 April, 2024
insert_link Business / Economics Economists break down revised tax reforms and national budget With Finance and Public Enterprises Minister Ipumbu Shiimi having announced in yesterday’s National budget that the government has revised tax reforms that will put N$646 million back in the pockets of taxpayers by exempting all individual taxpayers from paying tax on the first N$100,000 of their income, starting 1 March 2024, we asked Cirrus Capital Economist Robert McGregor for a breakdown of the numbers. Namibia's largest-ever annual budget on Wednesday […] today29 February, 2024
