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 […]
EAN Commentary – Monetary Policy Statement August 2017
BoN releases Monetary Policy Statement The Bank of Namibia has released the Monetary Policy Statement on 16 August 2017. The Monetary Policy Committee has decided to cut the repo rate by 25 basis points from 7.00 percent to 6.75 percent. The BoN has followed the step taken by the South African Reserve Bank that cut […]
Govt moody over Moody’s
The announcement of Namibia’s junk status last Friday has cast gloom over the country and attracted criticism from both government and local economic commentators, who all appear eager to shift the spotlight away from the negatives and to highlight the positives on the Namibian economic landscape. Moody’s Investors Service on Friday downgraded Namibia’s long-term senior […]
EAN Commentary – Consumer Price Index July 2017
NSA releases Consumer Price Index for July 2017 The Namibia Statistics Agency (NSA) has released the Consumer Price Index for July 2017 on 10 August 2017. Inflation continued its downward trend that started in February 2017, when inflation declined from 8.2 percent in January to 7.8 percent. Herewith a few highlights: Inflation slowed down to […]