insert_link Business / Economics Finance Minister revises economic growth to 3.3%, cuts growth forecast Finance and Social Grant Management Minister Erica Shafudah (Photo contributed) Finance Minister Ericah Shafudah has tabled the 2025 Mid-Term Budget Review in Parliament on Tuesday, 21 October, painting a cautious picture of Namibia’s fiscal and economic outlook as growth slows and public debt rises. The review projects economic growth of 3.3% for 2025, a notable downward revision from the 4.5% forecast announced during the main budget in March. The decline […] today21 October, 2025
insert_link Business / Economics Morning Biz News 25 February 2025: Market Trends, Global Investments, and Banking Updates Local Market Performance The Namibian stock market recorded a total of 1.57 million shares traded on Monday, amounting to a total value of N$41.77 million across 27 deals. According to the NSX report, the year-to-date traded volume has reached 9.67 million shares, with a cumulative value of N$579.69 million. The financial sector led the day's trading with transactions worth N$34.28 million, followed by the consumer staples sector, which saw activity […] today25 February, 2025
insert_link Business / Economics Trump vows to stop Nippon takeover of U.S. steel U.S. President-elect Donald Trump says he will block a deal for a Japanese company to acquire U.S. steel. Instead, he insists, his tax and tariff plans will make the U.S. manufacturer strong again by being American-owned. Caroline Malone reports from Washington. today4 December, 2024
insert_link South Africa South Africa’s Manufacturing Output Drops 0.8% in September According to Statistics South Africa, the country’s manufacturing output fell by 0.8-percent in September, with the automotive sector largely responsible. This marks the second month of declining output, following a 1.2-percent drop in August. StatsSA’s Nicolai Claassen says production in motor vehicles, parts, and transport equipment fell by 18.7-percent, accounting for a significant portion of the overall decline: today14 November, 2024
insert_link Science & Technology Corruption hurts businesses but digital tools offer the hope of fighting it, say manufacturers in Ghana and Nigeria Just_Super By Samuel Adomako, University of Birmingham; Joseph Amankwah-Amoah, Durham University; Shlomo Tarba, University of Birmingham, and Zaheer Khan, University of Aberdeen Technology has changed the way the world does business. Mobile and digital payment platforms, blockchain, cloud computing and artificial intelligence (AI) tools have all driven innovations in recent years. They allow businesses of all sizes to become more efficient and reach new markets. For […] today17 July, 2024
insert_link Opinion Pieces Namibia Needs a Different Approach to Change the Structural Economy Opinion Piece By Josef sheehama To attain V2030, Namibia will need to adopt structural reforms that will increase economic growth, facilitate more labor-intensive growth by opening up the labor market, and address an expensive and generally ineffective system of education, training, and skills. The government should support businesses in the manufacturing, construction, and agriculture sectors among others, paying attention to both the educated and the uneducated. As a […] today9 July, 2024
insert_link World China and Botswana: ‘fong kong’ products have helped drive local manufacturing – study By Yanyin Zi, Rikkyo University Chinese products are frequently viewed as inferior and inexpensive, contributing to their negative reputation. This is true in African countries too. Nonetheless, Chinese merchandise has played a pivotal role in shaping economies by accelerating globalisation and fostering local development. Take the case of Botswana. Botswana has a population of more than 2.4 million people. Its economy is primarily driven […] today25 June, 2024
insert_link Africa Ghana’s new vehicle tax aims to tackle pollution – expert unpacks how it’ll work and suggests reforms By Theophilus Acheampong, University of Aberdeen Ghana has introduced an annual carbon levy on vehicles and industrial emissions. It’s only the third African country to introduce an explicit carbon tax, after South Africa and Mauritius. The tax is intended to address harm associated with vehicle emissions. But it has prompted a pushback from various citizens, civic and consumer groups. The Conversation Africa’s Godfred Akoto Boafo spoke […] today16 February, 2024
