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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Namibia Statistics Agency

45 Results / Page 3 of 5

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Local

Sanlam Empowers Farmers

      The 13th edition of the Agra Weaner Championship Series kicked off on 09 July, sparking excitement among cattle farmers nationwide. Sanlam is proud to sponsor N$75,000 towards the project, which began its auctions in Karasburg and will continue to Grootfontein. This project provides a prestigious platform for producers to showcase their exceptional work. Additionally, four auctions will be held in the communal areas of Aminus, Okondjatu, Talismanus, […]

todayJuly 17, 2024 7

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Namibia

June Commodity Prices Surge Across Namibia

In June, the Namibia Statistics Agency reported significant price increases for basic commodities. Transport costs rose by 8.3%, coffee, tea, and cocoa by 14.4%, and fruit 13.4%. Other notable hikes included sugar and confectionery at 10.1%, and both mineral water and vegetables at 5.5%. Windhoek residents are paying more for pure sunflower oil compared to other regions, with Khomas region residents paying N$31.32 for 750ml, while other regions paid between […]

todayJuly 10, 2024 19

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Business / Economics

10 July 2024 Morning Biz News: Economic Insights: Namibia’s Inflation Trends, Currency Movements, and Market Dynamics

Namibia's Inflation Rates Vary Across Regions Amid Nationwide Slowdown The Namibia Statistics Agency recently reported a nationwide slowdown in inflation for June 2024, revealing a varied landscape across the country's three designated zones. While the national average reflects a general easing of inflationary pressures, Zone 1, comprising the Northern regions, and Zone 2, which includes only the Khomas region, experienced slightly higher inflation rates at 4.8%, surpassing the national average. […]

todayJuly 10, 2024 24

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Namibia

June Inflation Eases to 4.6%, Food Inflation at Lowest in a Year

In June, Namibia experienced a decrease in overall inflation to 4.6%, down from 4.9 in May and marking the second lowest rate of the year. Food inflation specifically dropped to 4.0%, the lowest recorded in at least a year, based on newly released data from the Namibia Statistics Agency. However, transport inflation rose sharply to 8.3%, reaching its highest level in the past 12 months, compared to just 0.1% in […]

todayJuly 9, 2024 37

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Business / Economics

Namibia’s trade deficit hits N$3.3 billion

The Namibia Statistics Agency’s latest International Merchandise Trade Statistics Bulletin shows that during the month of May 2024, the country’s trade balance stood at a deficit of N$3.3 billion, a worsened trade balance when compared to N$3.1 billion and N$2.9 billion recorded in April 2024 and May 2023, respectively. NSA spokesperson, Mirjam Shihepo.   Namibia's trade composition by partner showed that South Africa remained Namibia's largest market for both exports […]

todayJuly 2, 2024 73

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Business / Economics

21 June 2024 Morning Biz News: Biz News Roundup: Economic Insights and Market Movements

  In the dynamic world of business and finance, staying informed about the latest developments is crucial for making sound decisions. Here's a roundup of the most recent updates shaping economies and markets globally: Namibia Shows Resilient Growth in Q1 2024 Namibia's economy demonstrated robust performance in the first quarter of 2024, with a significant growth of N$5.3 billion, marking a 4.7% real growth rate. According to the Namibia Statistics […]

todayJune 21, 2024 12

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Business / Economics

Primary industries drive Namibia’s Q1 GDP growth

The Namibia Statistics Agency has released Q1 GDP numbers, showing a 4.7% expansion compared to 5.3% in Q1 of 2023. Year-on-year GDP in real terms rose to N$38.9 billion from N$37.2 billion, reflecting a N$1.7 billion increase. Statistician-General Alex Shimuafeni attributes the growth mainly to a 5.1% increase in real value added in the Primary industries sector.

todayJune 20, 2024 55

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Business / Economics

Namibia Statistics Agency releases Q1 2024 producer price data

The Namibia Statistics Agency has presented updates on the quarterly Producer Price Indices for ten industries, including mining of uranium and thorium ores, processing and preserving of meat, manufacture of soft drinks, electric power generation, and water collection, treatment, and supply. The PPI covers the first quarter of 2024. NSA spokesperson, Mirjam Shihepo, has more. Namibia's Mining and Quarrying Producer Price Index (NPPI) for the first quarter of 2024 rose […]

todayMay 23, 2024 63

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Business / Economics

March 2024 export earnings up by 36.5% 

The Namibia Statistics Agency has announced that during March 2024, Namibia’s export earnings recorded an increase of 36.5 percent from N$6.1 billion recorded in February 2024 to N$8.3 billion. Moreover, the import bill for the month under review increased by 27.9 percent from N$10.0 billion recorded during the preceding month, resulting in a worsened trade deficit of N$4.5 billion when compared to a trade deficit of N$3.9 billion recorded in […]

todayMay 2, 2024 69

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