Public-Private Partnerships – What can we expect? Klaus Schade
The first Public-Private Partnership was established in 2000 with the launch of the Walvis Bay Corridor Group. The WBCG consists of a diverse range of stakeholder including various ministries and private sector associations involved in the logistics sector. The concept received more attention with the signing of the SADC Protocol on Finance and Investment in […]
Calle asks we hang on tight, things to get better soon – New Era
“The budget deficit is up and we expect the public debt-to-budget ratio to remain at 44 percent, which is much higher than what was anticipated in the original budget of 42 percent in 2016 and 38 percent in 2017,” commented the executive director of the Economic Association of Namibia, Klaus Schade.
Namibia improves slightly in ‘Doing Business 2018’ report
Given the high prices for residential property and the contraction in the construction industry, these areas warrant urgent attention,” commented Klaus Schade of the Economic Association of Namibia.
World Bank releases the Doing Business 2018 report
The World Bank has released its annual ‘Doing Business 2018’ report on 31 October 2017. Like last year, 190 countries are included in the analysis. The assessment is based on ten areas such as starting a business, getting electricity, dealing with construction permits etc. Below is a summary of some of the highlights: Namibia improved […]
Would a Land Value Tax reduce the housing backlog? Klaus Schade
Much has been said and written about the lack of housing in Namibia that is often linked to the slow pace of serviced land delivery. In addition, high land prices and high costs of servicing land limit the affordability of housing. However, we do not use serviced land optimally. Some mixed-use developments in Windhoek where […]
Will the Mid-term Budget Review strengthen investor confidence? Klaus Schade
On 11 August Moody’s Investors Services downgraded Namibia from an investment grade to a speculative grade – commonly referred to as junk status. The decision was met in the country with criticism, since it was felt that some of the reasons provided were taken out of context (increase in the share of personnel expenditure over […]
Annual inflation continues to slow down
Klaus Schade of the Economic Association of Namibia (EAN) noted that price increases for services are this year the main inflation driver. Schade noted that prices for services increased by 8.4 percent compared to September 2016 and that service prices rose faster than prices for goods since January 2017.
HEADLINE INFLATION SENDS DISTURBING SIGNAL OF UNDERLYING INFLATIONARY PRESSURES CONTINUING
The decision to leave fuel prices unchanged in October will reduce price pressure on transportation costs with subsequent positive impact on the inflation rate in October” stated the Executive Director of the Economic Association of Namibia, Mr Klaus Schade.
NSA releases the Consumer Price Index for September 2017
The Namibia Statistics Agency (NSA) has released the Consumer Price Index for September 2017 on 12 October 2017. The annual inflation rate for September 2017 increased for the first time this year. Herewith a few highlights: The annual inflation rate (September 2017 compared to September 2016) increased slightly from 5.4% in August 2017 to 5.6% […]
Less retrenchments expected in coming months – NEF
Edgar Brandt Windhoek-More than 129 000 Namibians lost their jobs since 2014 due to drought and the global financial recession. This is according to a recent presentation by the Economic Association of Namibia (EAN).