Year: 2018

Home 2018
Post

Cycle Classics applauds helpers

WINDHOEK - Rotary Club Windhoek in conjunction with Cycling Club Windhoek Pedal Power as technical partner for the road bike and mountain bike cycling races, Quinton Steele-Botes, WHS Athletics Club, takes care of the runs, walks and T-Rex Training Tribe the Kiddies Classic. 

Post

Motorists should brace for more fuel increases – Schade

WINDHOEK – Following yesterday’s 40 cents per litre fuel increase for petrol and diesel, a local economist has cautioned motorists to brace for further increases. According to Klaus Schade, a Research Associate at the Economic Association of Namibia, more pressure can be expected on local fuel prices mainly due to the continued depreciation of the Namibian Dollar coupled with global oil supply uncertainties. 

Post

SA’s technical recession means more domestic fiscal woes

WINDHOEK – Local economic analysts have cautioned that South Africa’s technical recession could have serious implications for Namibia’s sovereign credit ratings recovery efforts, will in all likelihood exert increased pressure on already declining disposable incomes and is expected to result in decreased Southern African Customs Union (SACU) revenue which will mean more domestic fiscal constraints. South Africa’s economy slide into a technical recession as it shrunk 0.7 percent in the second quarter. The downturn, which was South Africa’s second consecutive quarter of negative growth, was driven by contractions in agriculture, transport, trade and manufacturing industries.

Post

Hail the mortal remains but wither reparations

Last Friday - like on many other similar occasions before - saw a solemn event during the official reception of the third repatriation of the mortal remains of those who perished in the wars of resistance, and ultimately in the resultant 1904-1908 genocide.