2018-09-11Staff Reporter WINDHOEK - The Popular Democratic Movement Youth League (PDMYL) has noted with grieve concern the increasing graduate unemployment rate. According to the PDM Youth League spokesperson, Maximalliant Katjimune, it is now much more difficult for a university graduate to find employment than at any time in the country’s history. View more
2018-09-10Staff Reporter WINDHOEK - The Board of the Development Bank of Namibia has extended the tenure of CEO Martin Inkumbi for another five years. Inkumbi was initially appointed as CEO in 2013 following a period as Acting CEO in the wake of the departure of founding CEO David Nujoma. View more
2018-09-10Staff Report 2 WINDHOEK - The Namibia Statistics Agency will be conducting its 2018 Labour Force Survey from the 16th September to 16th October 2018. View more
2018-09-10Staff Reporter WINDHOEK - FirstRand Namibia, previously FNB Namibia Holdings, says it produced a sound set of results for the year ended 30 June 2018, particularly because financial services entities, and especially banks’ earnings, are inextricably linked to the health of an economy which is currently facing challenging conditions. View more
2018-09-07Staff Reporter 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 unc View more
2018-09-07Edgar Brandt 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 View more
2018-09-06Staff Report 2 I would like to first thank the organisers of this event for their invitation for me to speak at this event this morning, where the topic of discussion is inequality in society. We all know that of late the issue of inequality has become topical globally. View more
2018-09-06Staff Reporter WINDHOEK - The Roads Authority’s (RA) Board of Directors has confirmed the re-appointment of Conrad Mutonga Lutombi as the authority’s chief executive officer for a second term. The re-appointment, which is effective from October 1, 2018, for a 5-year period, was announced in a statement by RA Board Chairperson Brian Katjaerua. View more
2018-09-06Staff Reporter WINDHOEK - FNB Namibia has released the housing index based on figures obtained from June 2018. According to FNB analyst Josephat Nambashu, although house prices increased by 0.8 percent y/y in June, property prices remain under pressure, after a series of annual falls over the last nine months, to bring the average house price to just over N$1.2 million. “The continued drop in the economy and the View more
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