insert_link Business / Economics Namibians Need N$36,000 Monthly to Qualify for N$1-Million Home Loan, Reveals Affordability Crisis Salomo Hei, Economist and Managing Director at High Economic Intelligence, has highlighted that Namibians need a monthly income of N$36,000 to secure a N$1-million home loan, exposing the worsening affordability crisis in the country reports The Brief. Hei attributes the steep cost of housing to the sharply rising price of land. He also noted that high interest rates and restricted access to financing have made homeownership increasingly unattainable for many. […] todayAugust 29, 2024 22
insert_link Namibia King of Belgium to Visit Namibia, Focusing on Energy Sector Engagements From April 29th to May 3rd, the King of Belgium, Philippe, is scheduled to visit Namibia. His agenda includes discussions with President Nangolo Mbumba and engagements with stakeholders in the Energy sector in the Erongo Region. Salomei Hei, Managing Director at High Economic Intelligence, provided details on the visit. todayApril 25, 2024 104
insert_link 2 Business / Economics Market Watch – 5 March 2024 Michelle speaks to Salomo Hei about the recently tabled National Budget. https://iono.fm/e/1412538 todayMarch 6, 2024 35 2
insert_link Interview Transcripts The Economic Ripple Effect: High Economic Intelligence Managing Director Salomo Hei on Geingob’s Passing In a somber turn of events on February 4, 2024, Namibia faced the unexpected passing of its sitting President, Hage Geingob. The nation, in shock and mourning, is grappling with uncertainty about the future, particularly the economic landscape. In an exclusive interview with Salomo Hei, the Managing Director of High Economic Intelligence (HEI), we gain insights into the potential economic impact of President Geingob's death. Condolences and Mourning Period: Salomo […] todayFebruary 6, 2024 17
insert_link Namibia Namibia’s Mixed System Post-Geingob, Insights from High Economic Intelligence’s Salomo Hei Namibia operates within a mixed economic system, characterized by a blend of private freedom, centralized economic planning, and government regulation. As a member of the Southern African Development Community, Namibia's economic landscape takes center stage following the recent passing of Dr. Geingob. Offering expertise on this matter is Salomo Hei from High Economic Intelligence. Daily evening devotions will be held at the residence of the late President Hage Geingob in […] todayFebruary 5, 2024 19
insert_link 2 Business / Economics Unlocking Namibia’s Potential: High Economic Intelligence’s Salomo Hei Discusses the Benefits of Uranium Jan 31, 2024,/ Leonard Witbeen In a recent interview, Salomo Hei, the Managing Director at High Economic Intelligence, shares insights into the significant benefits of uranium for Namibia's economic landscape. Hei expresses optimism about the global development of nuclear power as a diversified energy source. He highlights the positive impact on the energy sector, emphasizing the success stories of nuclear power in various parts of the world. Namibia, being one […] todayJanuary 31, 2024 29 2
insert_link 4 Namibia Surging Demand for Uranium Expected to Continue as Nuclear Energy Gains Momentum This year has witnessed a surge in uranium's popularity, and with the escalating demand, concerns arise about potential shortages. Nuclear energy, distinguished from traditional sources like oil or coal by its minimal carbon dioxide emissions, is driving the increased need for uranium—the essential fuel for nuclear plants. Adding his perspective, Salomo Hei, Managing Director of High Economics Intelligence, shares insights into the evolving dynamics of the uranium market. todayJanuary 31, 2024 31 4
insert_link Business / Economics South African Reserve Bank Keeps Repo Rate Unchanged, BoN Likely to Follow Suit The South African Reserve Bank has decided to maintain the repo rate at 8.25%, with the prime lending rate at 11.75%. The Bank of Namibia, usually aligned with the SARB to uphold the currency peg, is expected to follow suit. Currently, Namibia's repo rate is at 7.75%. The BoN's upcoming monetary policy meeting on 14 February will provide further insights. Insights from Salomo Hei, Managing Director of High Economic Intelligence. todayJanuary 26, 2024 14
insert_link Namibia Bank of Namibia will announce its decision on the repo rate today The Bank of Namibia will announce its decision on the repo rate today. The central bank's Monetary Policy Committee decided to continue safeguarding the peg between the Namibian Dollar and the South African Rand while supporting the domestic economy and keeping the Repo rate unchanged at 7.75 percent in October. Managing Director of High Economic Intelligence, Salomo Hei explains his expectations. todayDecember 6, 2023 25