insert_link Business / EconomicsQ3 Economic Growth Slows to 1.9% Economic growth for the third quarter slowed to 1.9 percent from 2.1 percent last year, driven by the services sector—including financial services, trade, education, and health—and supported by strong electricity and water output, as per the Statistics Agency. Agriculture and mining fell, investment declined, but household and government spending increased, while faster export growth narrowed the trade deficit, the NSA’s Mirjam Shihepo: today19 December, 2025
insert_link AfricaEconomists say dealing with inflation and cost-of-living are key to unlocking Africa’s economic stability (Photo credit: Nela Shikemeni) Economists say Africa’s path to economic stability depends on addressing inflation, disinflation, and the escalating cost of living. Theo Klein, an analyst at Oxford Economics in Cape Town, noted that government subsidies, surging food prices, and political factors are among the strongest forces driving household spending pressures across the continent. Klein explained that sustainable growth will require policies that not only curb inflation but also strengthen […] today14 October, 2025
insert_link Business / EconomicsGDP growth slows to 1.6% in second quarter Photo: Adobe stock Namibia’s economy grew by 1.6 percent year-on-year in the second quarter of 2025, down from 2.8 percent in the first quarter and 3.3 percent in the same period of 2024, according to a new report by the First National Bank of Namibia (FNB). FNB economist Helena Mboti said the data indicates the strain on consumers.“Private consumption collapsed to negative 7.2 percent year-on-year in the second quarter of […] today1 October, 2025
