Download Type: EAN in the news

Five Years On, Economic Association Has Made an Indelible Mark, Enjoys Extensive Corporate Support

The Economic Association has just received funding from an institutional supporter to help it develop capacity and to cover administrative costs. The association’s chairperson, Rowland Brown said most of their funding goes to specific projects leaving very little for growing their structure. “Despite the lean cost structure of the association, we face continuous challenges with …

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Central Procurement Board must prioritise local businesses to create jobs

WINDHOEK – It is imperative that financial resources allocated in the national budget circulate in the domestic economy, as more money spent locally will have a greater impact on economic growth and job creation. This is according to a local economist, Klaus Schade, who feels the Central Procurement Board has to ensure that preference is …

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Doubling Psemas fees will impact lower earners harder – Schade

During the tabling of the national budget on Wednesday, Finance Minister Calle Schlettwein announced that the member’s contribution to the Public Service Medical Aid Scheme (Psemas), which has for long been static, will be doubled to bring the total contribution from the current N$410 million to N$820 million, effective April 2019. However, an economic analyst …

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Inflation pushes up food prices: EAN

WINDHOEK, 17 FEB (NAMPA) – Consumers have been paying more for food and non-alcoholic beverages as prices continued the upward trend, owing largely to the high inflation rate in January compared to December 2018. This observation was made by the Economic Association of Namibia (EAN) in its review of the latest Consumer Price Index (CPI) …

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Fuel price hikes – The Namibian

CONSUMERS must brace themselves for another tough month as fuel prices were increased for a fourth consecutive month, with analysts predicting that prices will continue on an upward trajectory for the remainder of 2018 (…) Economic Association of Namibia research associate Klaus Schade added that the continuation of the depreciation of the Namibia dollar against …

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Upward pressure expected to remain as inflation continues to rise – New Era

WINDHOEK – Continuous upward pressure is expected on inflation, mostly owing to the rising fuel prices, the most recent of which was a 25 cents per litre increase in August, attributed to the adjustment of the fuel tax in August. Although international oil prices have eased slightly, the prevailing sentiment is that the depreciation of …

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Balanced policies needed to improve Namibia’s rating – New Era

WINDHOEK – Namibia needs smart policies that balance the need to address the major social challenges of poverty, inequality and unemployment, coupled with having to remain attractive to domestic and foreign investors, analysts and economists said this week. Such policies require a continuation of the close cooperation between the public and private sectors, which if …

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