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 […]
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 […]
EAN Commentaries quoted in newspapers
The following newspaper articles picked up EAN’s commentaries
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 […]
UK trade minister meets government and private sector for smooth transition to new trade agreements between Namibia and the United Kingdom.
Posted by Musa Carter | Jul 21, 2017 | Headlines British businessman turned politician, Lord Mark Ian Price, the United Kingdom’s Minister of State at the Department for International Trade flew into Windhoek on Thursday morning for a carousel of meetings with government officials, private companies and trade organisations. He departed back to South Africa the same evening. On Thursday […]
Applaud SADC for progress in regional integration
Windhoek – There is progress and achievement in a number of regional integration projects in the Southern African region, which are often not known or acknowledged despite existing challenges, says Klaus Schade, Executive Director of Economic Association of Namibia (EAN). He said that in the area of trade most SADC member states have reduced tariffs […]
Inflation continues to come down – relief for households with basic commodities except meat
Namibian inflation, measured monthly and compared to the same month a year ago, moderated during June 2017, continuing the declining trend since its peak in January this year. The latest statistics for the Namibian Consumer Price Index, released by Statistician General, Mr Alex Shimuafeni on Thursday morning, 13 July 2017, show that annual inflation continued […]
Sick economy reacts well to consolidation medicine
Windhoek-Finance Minister Calle Schlettwein is reasonably optimistic that the country’s economic activity will pick up pace this year, relative to the slowdown in 2016. However, he expects the recovery to be gradual, given the localised recessionary pressures since the third quarter of 2016. “The year 2017 started off on a cautionary note of weak domestic […]
Economic Association holds annual conference
THE Economic Association of Namibia’s third annual conference, will start tomorrow at the Safari Court Hotel in Windhoek from 08h00. The association’s executive director, Klaus Schade, said the theme of the meeting “Regional Integration – Opportunities for Namibia”, was chosen because the topic has always been high on the political agenda. The Economic Association of […]
Labour market expected to stabilise
JOB losses are expected to slow down by the end of this year and employment is expected to improve into next year, said Klaus Schade, director of the Economic Association of Namibia (EAN), at a Namibia Statistics Agency event yesterday. He said employment in the agricultural sector is expected to grow after this year’s good […]