Namibia Economist | African Business Centre
WEBAug 20, 2012 · Starting a business is easy, keeping it open is difficult. Productive Lending: Making personal loans work for you. Navigating Namibia's mining challenges: Strategies for growth and stability. Starlink’s debut offers both opportunities and drawbacks for local businesses. CRAN protects consumers in Namibia’s telecommunications sector.
Global African Hydrogen Summit puts Namibia on the map with …
WEB1 day ago · Hyphen Hydrogen Energy (Hyphen) played a prominent role at the inaugural Global African Hydrogen Summit (GAHS) 2024, held in Windhoek in September. As the exclusive Sustainability Partner, Hyphen engaged with key stakeholders on the continent to discuss the development of Africa’s hydrogen ...
Financial System Remains Stable and Resilient – Central Bank
WEB1 day ago · The Financial System Stability Committee (FSSC) conducted a comprehensive assessment of the Namibian financial system’s resilience to potential risks. The committee concluded that the system remains stable, sound, and resilient, despite global and domestic challenges. Central Bank governor Johannes !Gawaxab in a statement said the financial ...
Massive energy infrastructure investment needed to tap growth …
WEB1 day ago · The development of energy infrastructure will also serve as a catalyst for the growth of peripheral industries, supplying everything from work wear, safety boots, catering, tools, and ICT equipment, to name a few. Local companies can provide skilled workers, engineers and experts ensuring that newly established and small and large companies can ...
Unlocking Namibia’s economic growth and opportunities in 2023
WEBIn 2023, high unemployment rates are expected to persist in Namibia. According to global macro models and analysts at Trading Economics, the youth unemployment rate in Namibia is projected to be around 47.4% in 2023. This may limit the consumer spending growth in a small country like Namibia and reduce prospects for discretionary consumer ...
Namibian inflation hits 5.6% as Cost of Living crisis deepens
WEBMay 19, 2022 · Volatility in global commodity prices and ongoing supply chain disruption will continue to stoke price pressures. The result will be even higher costs for businesses, and a deep squeeze in the cost of living for households. Furthermore, it is now or never to save Namibia from this cost of living crisis and food insecurity.
Economic transformation through effective trade and industrial …
WEBApr 11, 2024 · Current trade and industrial policies have made some progress to attain economic and structural transformation and contribute to inclusive growth. Namibia’s industrial policy is on the right track, but some important adjustments could significantly improve its effectiveness. Furthermore, Foreign Direct Investment (FDI) in particular has ...
2022/23 budget outlook – IJG | Namibia Economist
WEBFeb 25, 2022 · By IJG Research. Finance Minister, Iipumbu Shiimi’s budget statement for the 2022/23 financial year in the National Assembly on 24 February. IJG Research gives a review and an outlook of the budget.. Point 39 of the budget speech states, “…government is committed to redirecting much of the revenue increases in the coming years, as the economy recovers, towards debt redemption and ...
Domestic economy grows by N$1.1 billion over a year
WEBDec 16, 2021 · The domestic economy remained in a positive trajectory in the third quarter of 2021, showing an increase of N$1.1 billion over a year, according to the Namibia Statistics Agency (NSA). The domestic economy increased by 2.4% compared to a decline of 12.3% recorded in the corresponding quarter of 2020. In …
Domestic economy improves significantly during Q1 2022 – …
WEBJul 4, 2022 · The economic activity improved significantly during the first quarter of 2022 (Q1), the central bank announced recently. The domestic economy grew by 5.3% during the quarter under review from the contraction of 4.9% during the same period last year.