insert_link 3 Business / Economics Oxford Economics Africa Economist Explores Key Drivers Influencing Namibia’s Inflation Economist Theo Klein from Oxford Economics Africa in South Africa examines the impact of specific macro and microeconomic factors on Namibia's inflation rate. Delving into the intricacies of these influences, Klein sheds light on the dynamics shaping the country's inflation landscape. todayFebruary 16, 2024 31 3
insert_link Business / Economics Market Watch – 13 February 2024 Michelle speaks to Oxford Economics economist Theo Klein about how inflation in our neighbouring countries affects us too. https://iono.fm/e/1405946 todayFebruary 14, 2024 22
insert_link Business / Economics Bank of Namibia expected to cut repo rate by 25bps as inflation cooling By Josef Kefas Sheehama At its first Monetary Policy Committee meeting of 2024, on the 14 February 2024, the Bank of Namibia is expected to cut its Repo Rate by 25 basis points. All of Namibian’s banks now expect the Bank of Namibia to cut its Repo Rate target by 0.25 basis points on the 14 February 2024, which would bring its key lending rate to 7.50%. This […] todayFebruary 13, 2024 40
insert_link South Africa S.Africa inflation drops for second consecutive month The monthly inflation rate in South Africa eased again in December, dropping 0.4 percentage points to 5.1 percent as food price hikes slowed, official data showed Wednesday. The average inflation rate for 2023 was 6.0 percent, 0.9 percentage points lower in 2022 and matching the upper limit of the central bank's official target range, national statistics agency StatsSA said. "Inflation was relatively hot in the first five months of 2023 […] todayJanuary 24, 2024 24
insert_link World Bank of Japan confident on reaching inflation goal The Bank of Japan says it is optimistic the conditions will become right to tweak ultra loose monetary policy in the future. It held off any policy adjustments at its first policy meeting of the year on Tuesday, saying its waiting to sustainably hit its 2-percent inflation target. Chris Gilbert reports from Tokyo. todayJanuary 24, 2024 16
insert_link Business / Economics Namibia’s Annual Inflation Moderates to 5.3% in December 2023 In December 2023, Namibia experienced a moderation in its annual inflation rate, standing at 5.3% year-on-year. This represented a slowdown from the 5.7% year-on-year figure observed in November 2023 and a more substantial decline from the 6.9% recorded the previous year. FNB Namibia Economist, Ruusa Nandago, provides insights into what can be anticipated regarding inflation for the year 2024. todayJanuary 24, 2024 27
insert_link Business / Economics ECB to signal no rush to cut interest rates European Central Bank policymakers are expected to keep interest rates steady on Thursday and signal they are in no hurry to start slashing borrowing costs despite progress against inflation. The Frankfurt institute is tipped to pause for the third meeting in a row following a historic run of hikes to tame runaway prices, leaving the benchmark deposit rate at four percent. ECB president Christine Lagarde said last week rates had […] todayJanuary 22, 2024 8
insert_link Africa Davos: Global economists see bright spots in Africa growth prospects By Conrad Onyango, bird story agency Top economists agree that Africa's economic prospects for 2024 are positive, as small countries sparkle in the face of sluggish global growth projections. Chief economists from the World Economic Forum, World Bank and United Nations project Africa’s economy will defy the impacts of weak investments, debt crises, inflation, tight financial conditions and extreme weather patterns to record an improvement over 2023. A strong majority […] todayJanuary 19, 2024 30
insert_link Namibia Namibia’s CPI comes in at 5.3% The Namibia Statistics Agency’s latest Consumer Price Index shows that Namibia’s annual inflation stood at 5.3 percent during December 2023. NSA Communication specialist, Mirja Shihepo helps make sense of things. Meanwhile, during the month of November 2023, Namibia’s trade balance stood at a deficit of N$4.0 billion an improvement when compared to N$4.5 billion when compared to N$2.8 billion recorded in October 2023. The country’s trade composition by partner […] todayJanuary 18, 2024 58