EAN reiterates call for income specific inflation rates – New Era 17May2018

WINDHOEK – The Economic Association of Namibia (EAN) has once again called for the calibration of additional inflation rates catering specifically for low, middle and high-income households. This, says Klaus Schade, the Director of the EAN would provide more detailed information that could for instance guide employers and trade unions during wage and salary negotiations. […]

Inflation expected to surge – EAN The Namibian 17May2018

THE Economic Association of Namibia has predicted that annual inflation could go up during the remainder of the year as a result of the price of maize products increasing, thus exerting upward pressure on food prices. In a report on inflation for April 2018, Economic Association of Namibia research associate Klaus Schade said prices of […]

Govt increases pensions and grants by N$50 – The Namibian 3July2018

ALWONIA IZAAKS THE poverty eradication ministry has increased pensions and grants by N$50, to be implemented next month. In a statement yesterday, the ministry’s permanent secretary, I-Ben Nashandi, said the increase will be backdated to April this year. Nashandi said all beneficiaries will receive N$1 450 in August, which includes a N$200 back pay for […]

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.

Namibia’s rand quandary – Windhoek Observer

Economic Association of Namibia (EAN) Executive Director, Klaus Schade, said although he was not aware of the Government’s alternatives, it would more likely be a basket of currencies. Schade, however, cautioned that any planned delink has to be strategic. “I’m not sure what Government alludes to, but an alternative to the one-to-one link to the […]

Policy interventions place economy on credible recovery path – Schlettwein

Executive director for the Economic Association of Namibia, Klaus Schade, warned that the downgrading is expected to increase the future costs of borrowing, which will increase the allocation to statutory expenditure and reduce the funds available for other vital expenditure. However, he emphasised that borrowing costs are most likely not affected in the short-term, since […]