Namibia budget forecasts slightly higher growth and narrower deficit
Namibia budget forecasts slightly higher growth and narrower deficit
2 months ago
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Namibia’s economic growth slows as inflation remains subdued By: Hertha Ekandjo The Bank of Namibia (BoN) has reported a slowdown in domestic economic activity, with real Gross Domestic Product (GDP) growth weakening and key sectors such as manufacturing, fishing, and agriculture underperforming. Despite the slowdown, inflation remains subdued, while the country’s international reserves continue to be strong enough to sustain the currency peg and meet external obligations. BoN governor, Johannes
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Namibia’s economic growth slows as inflation remains subdued By: …
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Despite moderate economic conditions, the financial system in Namibia maintained its soundness and resilience. Overall, risks to the Namibian financial system stability remain low to moderate, with potential vulnerabilities arising from the global uncertainty. Mrs. Florette Nakusera, Director of Financial Stability and Macroprudential Oversight at the Bank of Namibia, shares insights on global and domestic macroeconomic trends and highlights key risks to Namibia’s financial stability. The Bank o
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President Netumbo Nandi-Ndaitwah is participating in the United Nations Economic and Social Council (ECOSOC) session, which is being held alongside the 80th UN General Assembly. This involvement highlights Namibia's commitment to fostering a sustainable, inclusive, and resilient global economy, in line with the Pact for the Future. The initiative, which includes the Biennial Summit on Financing for Development, seeks to unite world leaders and multilateral institutions around shared goals for su
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.Examine the economic and social policies implemented by South ... | Filo
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The Namibia Economic Freedom Fighters (NEFF) have staged a demonstration at the Rani Group of companies in Oshakati to do away with the labour hire contract system, which is implemented across all of its branches. Handing over the petition, the demonstrator's spokesperson, Cornelius Nepela, added that the salaries are low and workers cannot afford basic necessities. No overtime for workers and a lack of employment contracts are two of the myriad of challenges they want addressed. They have given
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