insert_link Namibia Government Institutions Pension Fund increases pension and disability income benefits The Government Institutions Pension Fund announced pension and disability income benefits increases. The Board of Trustees took this decision after a thorough actuarial due diligence process and in consideration of various factors such as the inflation rate, cost of living, reasonable benefit expectations of its active annuitants, affordability on the part of the Fund and the average annual return over the last five years, as well as the current and […] todayApril 29, 2024 33
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. todayApril 10, 2024 47
insert_link Business / Economics February 2024 inflation rate drops to 5.0% Namibia's annual inflation rate for February 2024 decreased to 5.0% from 7.2% in February 2023. According to Namibia Statistics Agency spokesperson Mirjam Shihepo, major contributors to the rate were food and non-alcoholic beverages, transport, alcoholic beverages, and tobacco. todayMarch 7, 2024 37
insert_link Uncategorized SA’s Finance Minister proposes infrastructure financing reforms in budget speech South Africa’s annual consumer price inflation rose to 5.3% in January from 5.1% in December last year, the first jump after two-consecutive months of moderation. Separately, SA’s Finance Minister Enoch Godongwana has announced proposed reforms to infrastructure financing aimed at optimising the sectoral value chain to be effective and efficient. todayFebruary 21, 2024 10
insert_link Namibia Khomas tops prices for bread and oil Residents of Khomas referred to as Zone 2, have experienced a slightly higher inflation rate of 5.7%, while those in the northern regions, known as Zone 1, saw a slightly lower rate of 5.5%. The southern regions, or Zone 3, which includes Omaheke and Erongo, experienced the lowest inflation at 5%. According to Namibia Statistics Agency spokesperson, Mirjam Shihepo, in terms of consumer goods prices, Khomas stood out with the […] todayFebruary 8, 2024 47
insert_link Business / Economics Namibia records decrease in December inflation The Namibia Statistics Agency has just released the December inflation figure, which stood at 5.3%, marking a decrease from 5.7% in November and 6.9% reported in December 2022. Here is the NSA's Public Relations Officer Mirjam Shihepo. todayJanuary 11, 2024 37
insert_link Business / Economics South Africa’s consumer inflation increases to 5.9-percent in October South Africa’s annual consumer inflation increased for a third consecutive month in October, bordering on the upper limit of the South African Reserve Bank’s inflation target range. The headline rate was 5.9 percent, up from 5.4 percent in September. The consensus among economists before the inflation number was that the Reserve Bank will keep rates on hold when it announces its decision tomorrow. todayNovember 22, 2023 6