insert_link Business / Economics US inflation unchanged in May but remains higher than that of 2023 The latest US government data shows that inflation slowed last month. But the Labor Department report highlighted that prices are still higher than this time last year. Nick Harper reports for us from Washington. todayJune 13, 2024 25
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 -- […] todayJune 12, 2024 22
insert_link Business / Economics NZ Budget 2024: tax cuts and borrowing don’t always fuel inflation – but Nicola Willis has to get the balance right LazingBee/Getty Images By Dennis Wesselbaum, University of Otago On the eve of the first budget from the National-ACT-New Zealand First coalition government, there is ongoing debate over whether borrowing while offering tax cuts could trigger a rise in inflation. Finance minister Nicola Willis has confirmed the budget will introduce “meaningful but modest” tax relief. But what impact will these cuts have on New Zealand’s economy? During the […] todayJune 5, 2024 17
insert_link Local Small businesses big impact: Boosting SMEs to drive economic growth In the face of a recovering economy, soaring inflation, and high interest rates, small business owners in Namibia are navigating challenging times. Now more than ever, supporting Small and Medium Enterprises (SMEs) is imperative, given their significant contribution to the Namibian economy. It is estimated that there are over 40 000 SMEs in Namibia, supporting the livelihoods of more than 200 000 people and contributing approximately […] todayMay 28, 2024 11
insert_link 2 Opinion Pieces Economic and Business Advice for the next President Opinion Piece by Josef Kefas Sheehama There are a number of important business and economic issues that the incoming President should take care of as we anticipate the upcoming presidential and national assembly elections. As an independent researcher in economic and business matters, I advise the incoming president to prioritize trade and industrial policies and foster positive relationships with international trade in order to attract investors […] todayMay 28, 2024 22 2
insert_link World UK election called for 4 July – what happens next? Situation vacant? Nikonpete/Shutterstock By Christopher Kirkland, York St John University On a rainy afternoon in London, an increasingly damp Rishi Sunak confirmed what many had been speculating for most of the day in a speech outside 10 Downing Street – that the UK is heading for an election earlier than anticipated. Here’s what to expect in the weeks ahead. When is the UK having an election? Election […] todayMay 24, 2024 18
insert_link Business / Economics 20 May 2024 Morning Biz News: Business News Roundup: Poultry Imports Resumed, Inflation Stability, and Global Market Trends In the dynamic world of business, staying abreast of the latest developments is essential for informed decision-making. Here’s a roundup of recent noteworthy events shaping the business landscape: Poultry Imports Ban Lifted in Namibia The Directorate of Veterinary Services, under Namibia's Ministry of Agriculture, Water, and Land Reform, has announced the lifting of the ban on poultry meat imports from South Africa. This decision comes with specific conditions to […] todayMay 20, 2024 9
insert_link World U.S inflation eased in April, according to new CPI figures U.S inflation eased slightly last month, according to new data released Wednesday. The consumer price index, which measures changes in price for a basket of goods and services, increased 0.3% in April - less than estimates. Sally Patterson has more for us from New York. todayMay 16, 2024 18
insert_link Business / Economics 9-16 May Weekly Economic Wrap: Diverse Trends Unfold Across Africa and Beyond In the dynamic landscape of African and international economies, the past week has witnessed a plethora of developments, from notable milestones to significant shifts in key sectors. Here's a comprehensive roundup of the latest economic highlights: Namibia: Private Sector Credit Declines, Port Authority Achieves Milestone Official data from Namibia reveals a substantial decline of 65.7% in private sector credit disbursements over the past year, totaling N$1.44 billion compared to […] todayMay 16, 2024 20