insert_link Business / Economics Namibia Moves to Strengthen Labour Systems Following the 113th International Labour Conference in Geneva, Namibia’s Cabinet has tasked several ministries with evaluating the country’s data collection capacity and preparing to ratify key labour conventions to aid the shift from the informal to the formal economy. Labour expert Herbert Jauch highlighted the potential benefits of international cooperation with Cuba and Mexico, while emphasizing that structural economic reforms are essential for meaningful job creation. today18 August, 2025
insert_link South Africa South Africa Aims to Regain Investment-Grade Credit Rating in Two Years South Africa's Finance minister Enoch Godongwana says the country could be able to regain its investment-grade credit rating within two years. The country obtained a full house of junk ratings in 2020, when Moody's Ratings downgraded its debt assessment, leaving it without an investment-grade evaluation for the first time in 25 years. In an interview with the SABC at the World Economic Forum in Davos, Godongwana says the government […] today21 January, 2025
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 […] today13 February, 2024