NSA releases the Consumer Price Index for May 2018
The Namibia Statistics Agency has released the Consumer Price Index (CPI) for May 2018 on 14 June 2018. The inflation rate is calculated based on the change in the CPI. The annual inflation rate increased slightly from 3.6% in April to 3.8% in May compared to May 2017 – the highest annual inflation rate so […]
After the clean-up – What’s next?
Namibians turned out in numbers on Africa Day for a clean-up campaign initiated by the President, Dr. Hage Geingob. The clean-up focussed in Windhoek mainly on the informal settlements and north-western suburbs indicating that there is seemingly a bias in the waste removal and recycling infrastructure toward the formal and better-off areas of Windhoek. This […]
Inflation gnaws at thresholds – time for adjustments
Government has implemented various measures to support and protect the poor and low-income earners. These measures include thresholds that either exempt those falling below the threshold from contributing to certain schemes or paying taxes for instance or from benefitting from certain schemes if they exceed the threshold. However, these thresholds are becoming less meaningful if […]
EAN Commentary – CPI for April 2018
NSA releases the Consumer Price Index for April 2018. The Namibia Statistics Agency has released the Consumer Price Index (CPI) for April 2018 on 15 May 2018. The inflation rate is calculated based on the change in the CPI. The inflation rate increased slightly from 3.5% in the previous two months to 3.6% in April […]
Rating agencies’ assessment of Namibia
EAN member Mr. Klaus Schade gave a presentation on the latest rating agencies’ assessment at the NPC Multi-Stakeholder Forum under the Theme: Status of the economy – What does the Future hold? He concluded with a few recommendations.
Reckoning and Recalling – The Namibian
The state of Namibian SOEs was the topic of discussion last Thursday, at an event organised and hosted by the Economic Association of Namibia (EAN). According to public enterprise minister Leon Jooste, Namibia has more than 70 SOEs of which 22 can be regarded as hardcore commercial. The ones delivering in terms of jobs and […]
No envisaged budget cuts – The Namibian
Speaking at a 2018 economic outlook breakfast organised by the Economic Association of Namibia in collaboration with Standard Bank on Friday, Schlettwein stressed that the government secured a N$4 billion loan from the African Development Bank, which would assist with certain functions of government.
Private sector needs to contribute to stimulate economic growth – The Namibian
Ndilula who was a panellist at the Economic Association of Namibia’s (EAN) 2018 Economic Outlook: in conversation with Namibia’s economy ministers, Calle Schlettwein and Tom Alweendo stressed that government cannot forge economic growth on its own.
Numerous SOEs a hindrance to local economy – The Namibian
The Economic Association of Namibia board member Lauren Davidson says although state-owned enterprises play a major role in delivering development objectives, many remain a burden to government.
Transport services, jobs and motor cycles – John Mendelsohn
We generally look to the developed world for ideas on how to improve circumstances in Namibia. And normally we adopt formal, rather than informal systems or services. We do this because development needs to be regulated, attractive to ‘investors’, and to contribute to GDP. However, the informal world has much to teach us, especially when […]