In its report, the IMF trimmed its 2023 global GDP growth forecast to 2.7%, 0.2 points down from July expectations. Its world growth forecast for this year remains unchanged at 3.2%.
Author: Josef Kefas Sheehama (Josef Kefas Sheehama )
Opinion – Mid-term budget review: Walk the fine line
The mid-term budget review plays a critical role in the entire budgetary process because it sets the tone for the fiscal framework for the next main budget.
Opinion – Namibia can achieve economic success by the year 2030
First, let us define what economic success is. Economic success includes employment generation, higher earnings per capita, the number of people pulled up from below poverty, higher gross fixed capital formation by not just industries, but households as well and few others.
Opinion – Reform SOEs to avoid macroeconomic risk
There is strong pressure to improve the performance and quality of services delivered by SOEs. Namibia State-Owned Enterprises are facing a wide range of issues, from insolvency, weak accounting systems, and the corporate governance issues.
Opinion – Expectation of mid-term budget…building economy works for all
The finance minister, Iipumbu Shiimi, will present the mid-term budget review on 26 October 2022. The budget review 2022 will coincide with the Monetary Policy Committee meetingvof the Bank of Namibia.
Opinion – Suicides, road accidents and crime subdued economy
We need to understand that tough economic times drive more people to commit suicide and crime. It is not only alcohol that is dangerous when mixed with drivers on the road. Financial stress and depression, amongst other things, can impair your ability to fully function as a driver.
Opinion – Manufacturing can turn Namibia’s economy around
The Namibia Statistics Agency (NSA) released the results of the Gross Domestic Product (GDP) for the second quarter of 2022, at a media briefing held on the 28 September 2022, //Kharas region.
Opinion – Good governance to maintain SAR integrity
It is beyond any doubt that the African Sovereign Africa Rating (SAR) agency implied a very important step forward towards African integration – not only when seen from an economic point of view but also politically.
Opinion – Mind good debt for economic growth
While not all debt is bad, as a nation, we need to understand that it comes with much responsibility.
Opinion – Navigating small businesses in tough economic times
In these tough economic times, it is important for small business owners to reassess what they are doing to protect their businesses from burglary, robbery, shoplifting and fraud.