EAN Commentary – Second quarter GDP statistics
The Namibia Statistics Agency (NSA) released the second quarter Gross Domestic Product (GDP) data on 21 September 2017. The GDP data for the second quarter 2017 are compared to the GDP figures for the second quarter 2016 (year-on-year). The Namibian economy continued to contract at the same pace as in the first quarter 2017, namely […]
EAN Commentary – Quarterly Trade Statistics for the Second Quarter 2017
The Namibia Statistics Agency (NSA) has officially released the Quarterly Trade Statistics for the Second Quarter on 21 September 2017. Herewith a few highlights: The revision of the first quarter trade statistics resulted in a widening trade gap. Although total exports were revised upwards to NAD15,607 million, the trade deficit increased from NAD4,695 million to […]
Namibia’s Renewable Energy Feed-In Tarif (REFIT) Program, second year in – Jan-Barend Scheepers
The REFIT Program, initiated by the Electricity Control Board (ECB) has 14 Power Purchasing Agreements (PPAs each for 5MW), which were signed between NamPower and various Independent Power Producers (IPPs). 24 months after being launched, where do these 14 projects stand? Designed to add 70MW to the Namibian embedded generation capacity, five plants have been […]
Namibia to stay junk till 2020 – SA expert
NAMIBIA is not likely to come out of the junk status any time soon, a South African economist and forecaster, Helmo Preuss, said on Friday. Preuss was speaking during a business breakfast meeting in Windhoek on ‘South African Economic Prospects’ and said he is only expecting South Africa’s investment grade to be upgraded (if it […]
EAN Commentary – Consumer Price Index August 2017
NSA releases the Consumer Price Index for August 2017 The Namibia Statistics Agency (NSA) has released the Consumer Price Index for August 2017 on 14 September 2017. The annual inflation rate remained unchanged compared to July 2017. Herewith a few highlights: The annual inflation rate remained at 5.4% compared to August 2016. It remains the […]
End of SA recession is good news for Nam
The Namibian – Business | 2017-09-07 by Ndama Nakashole THE FACT that South Africa is no longer in recession after the economy grew in the last quarter is good news for Namibia, economic analysts say. This week’s data shows that although South Africa still faces big economic challenges, the country is no longer in recession […]
Kimberlite Schools – Jan-Barend Scheepers
A few things are blocking Namibia’s development and growth. Many relate to education. Thankfully the government spends massively on this critical need. Unfortunately, a few problems remain: Teacher training and accountability, resource allocation inefficiency, curricula relevancy, lack of external support and mentoring for students, low minimum passing level, no recognition for the dignity of vocational […]
The role of public sector in infrastructure development – Dylan van Wyk
Infrastructure is an essential ingredient to economic growth and prosperity in any country. Recently the case has been made that state-led infrastructure investment is needed to boost growth, especially in the current times of recession and high unemployment. This type of spending directly stimulates the economy by creating employment and drives growth through the multiplier […]
EAN Commentaries quoted in newspapers
The following newspaper articles picked up EAN’s commentaries
EAN Commentary – National Accounts 2016
NSA releases the National Accounts for 2016 The Namibia Statistics Agency (NSA) released the Final National Accounts 2016 on 17 August 2017. Overall economic growth in 2016 was stronger (1.1 percent) than initially estimated in the Preliminary National Accounts (0.2 percent). Following are some of the highlights: Gross Domestic Product in current prices increased from […]