THE Ministry of Mines and Energy has announced an increase in the prices of petrol and diesel, citing a combination of rising international oil prices, the depreciation of the Namibian dollar, and catastrophic flooding in Libya.
Author: Josef Kefas Sheehama (Josef Kefas Sheehama )
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What does an unchanged repo rate mean to Namibians?
The annual inflation rate recorded for July 2023 was 4.50%, a steep decrease, compared to 5.30% recorded in June 2023. Keeping the repo rate steady is particularly motivating for aspiring, first-time home buyers, whose appetite for home ownership remains consistent.
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Align green schemes policies, laws and regulations
The Namibia Agriculture Policy is the overarching policy and can serve as a base for aligning existing policies, laws and regulations.
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Opinion – Macroprudential policy: An analysis of effectiveness and interaction in Namibia
The Bank of Namibia held its macroprudential oversight committee meeting on 10 July 2023 to assess risks and vulnerabilities faced by the Namibian financial system.
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Economic diversification: Past, present and future
Looking back over the past 33 years since Namibia gained independence, economic development presents us with a key element in which we should move to a less concentrated production and trade structure.
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Opinion – Approach your bank before defaulting
From personal experience of 22 years as a senior credit, credit manager, and bank branch manager, I have discovered that banks are always willing to take what they can get, giving you one last chance to get back on your feet.
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Opinion – Namibia can protect its economy from greylisting
The Namibia economy of tomorrow, after all, depends on the wisdom of the policymakers and decisions they make today.
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Opinion – Creating effective policies to address economic challenges
The Namibian government periodically sets policies as corrective measures for the volatile economy. It is imperative that policymakers encourage economic growth by implementing policies that promote investment, innovation, and entrepreneurship.
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Opinion – A conundrum: Debit orders for residents in arrears
The new City of Windhoek CEO might propose compulsory debit orders for residents in arrears. He also wants the government to start deducting portions of civil servants’ salaries to pay their municipal bills.
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Opinion – Avoid single-country concentration risk
Namibia is an upper-middle-income country. It relies on mining, agriculture and fishing. Uncertainty may remain, but it can be transformed into planned uncertainty, with no surprises and with contingency plans in place.