insert_link Business / Economics Erastus Calls for Strategic Roadmap Before Sector Nationalisation. Economist Gabriel Erastus has urged the government to prioritise skills development, scientific literacy, and market analysis before considering the nationalisation of key sectors. Speaking to our news team, Erastus underpinned the importance of a well-crafted strategy supported by research, identified sources, and thorough commodity assessments. He cited the following in addition: today23 June, 2025
insert_link Business / Economics Interview: Erastus Cautions Against Rushed Nationalisation, Urges Strategic Preparation Economist Gabriel Erastus has urged lawmakers to proceed with caution on proposals to nationalise Namibia’s strategic sectors, warning that such decisions must be guided by strategy, skills, and solid research. Speaking in response to a recent proposal by National Assembly member Mr. Kaaronda on the nationalisation of key sectors and resources, Erastus acknowledged that the call “comes from a good place” — especially in light of limited national benefits […] today23 June, 2025
insert_link Business / Economics Interview: Gabriel Erastus on the African Development Bank and Namibia’s Economic Future As the African Development Bank (AfDB) faces changing dynamics in its funding sources, economist Gabriel Erastus offers insightful perspectives on how this shift could affect Namibia and the broader African continent. With the United States reducing its contributions to the AfDB, Erastus believes it’s time for African nations to step up and take greater ownership of the funding process, which could empower the continent to direct capital toward its own […] today12 May, 2025
insert_link Business / Economics Economist Embraces Tax Amnesty Announcement During the presentation of the mid-term budget, Finance minister,Iipumbu Shiimi, announced the extension of the tax amnesty programme until October 31, 2026. It was originally set to expire today. Economist Gabriel Erastus provided his insights on the announcement. today31 October, 2024
insert_link Business / Economics Local economist provides his perspective on the U.S Fed’s move to cut interest rates The U.S. Federal Reserve has implemented a significant half-percentage-point interest rate cut, exceeding typical reductions. According to Reuters, Federal Reserve Chair Jerome Powell stated the decision underscores policymakers' commitment to maintaining low unemployment as inflation continues to ease. Local economist Gabriel Erastus also provided his perspective on the move. today23 September, 2024
insert_link Oshiwambo O Monetary Policy Committee yo Bank of Namibia oya tokola oku kaleka ondjele yoku hehelitha ano o repo rate poo % 7.75. O repo rate oyo ondjele ndjoka oombanga dhopaipindi hadhi gwedhelwako uuna tadhi hehela oshimaliwa kombaanga onene ano ndjoka yili o Bank of Namibia. Nondjele ndjoka oombaanga dhopaipindi hayi gwedheleko aayakulwa uuna taya hehela oshimaliwa otayi thigala wo poo % 11.50. Metseyitho lyonena,ngoloneya gombaanga Johannes Qawaxab okwati shika otashi tsikile oku gamenenapo ekwatathano pokati kodollar ya Namibia no rand ya South Africa,noku yambidhidha iinyangadhalwa yeliko lyomoshilongo. Omunongoliko iithikamenapo Gabriel […] today17 April, 2024
insert_link Business / Economics Mines and Energy Minister denies oil license corruption allegations Minister of Mines and Energy, Tom Alweendo has denied corruption allegations related to oil and gas licensing off Namibia's coast. The accusations were raised in a letter from Louis Beauvais, representing TotalEnergies shareholders, and addressed to company CEO Patrick Pouyanne. Economist Gabriel Erastus comments on the allegations. today1 February, 2024
