insert_link 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 14
insert_link Namibia Namibia records 16.3 percent export earnings The Namibia Statistics Agency has just released the Namibia Mer-chandise Trade Statics for April 2024. Namibia’s export earnings recorded an increase of 16.3 percent from N$8.2 billion recorded in March 2024. The import bill for the month under review decreased by 1.3 percent from N$12.8 billion recorded during the preceding month, translating into a trade deficit of N$3.1 billion when com-pared to N$4.6 billion recorded in March […] todayJune 4, 2024 16
insert_link 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 22
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 23
insert_link Business / Economics Bank of Namibia maintains repo rate at 7.75% The Bank of Namibia has decided to keep the repo rate unchanged at 7.75 percent, resulting in the prime lending rate remaining stable at 11.50 percent. Here is Governor Johannes !Gawaxab addressing the decision. The next meeting of the MPC will be held on 12 and 13 February 2024. todayDecember 6, 2023 14
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
