insert_link Business / Economics Domestic Car Sales Slow in October The domestic vehicle market softened at the start of the fourth quarter, with 1,267 units sold in October — a 2.8 percent drop from September. The decline follows a modest rebound in September, when sales climbed by just over 3 percent. Despite the monthly dip, overall momentum remains positive. Year-on-year, domestic vehicle sales rose 10.7 percent, sustaining the recovery that began after the sharp fall in March. Simonis Storm economist […] today21 November, 2025
insert_link Business / Economics Banking Sector Strengthens Economic Footing Local banking assets have climbed to N$180 billion, representing 70% of the Gross Domestic Product and confirming the industry’s role as the third-largest contributor to the economy. Our correspondent Hertha Ekandjo reports that PSG Wealth Namibia says the sector contributed 8.1% to GDP for this year, maintaining a steady 5% year-on-year growth despite wider economic challenges. today14 November, 2025
insert_link South Africa FNB S.A Economist Predicts Moderate Growth for Mining Sector FNB South Africa economist Thanda Sithole says growth in the mining sector in the near term is expected to remain moderate, due to a subdued external demand environment. Mining production rose 1.4-percent year on year in October, after an upwardly revised 4.9-percent jump in September, marking the third consecutive month of growth in mining activity. Sithole says the modest increase in mining production was broad-based, with growth recorded in seven […] today11 December, 2024
insert_link Business / Economics 2024 Producer Price Index Update Reveals Mixed Sectoral Trends The Producer Price Index has been rebased to 2022, offering more accurate insights into the nation's economic trends. The new reference period, set for June , highlights a shift in price movements across sectors, with mining showing growth year-on-year, but a slight quarterly contraction. Meanwhile, manufacturing saw modest price reductions overall, though dairy and fish processing experienced notable increases. The updated PPI will provide businesses and policymakers with a clearer […] today22 November, 2024
