Namibia Economist | African Business Centre
WEBAug 20, 2012 · Namibia Economist | African Business Centre. Starting a business is easy, keeping it open is difficult. Growing BRICS could surpass the economic size of the G7. The critical need to protect Namibia’s environment while enabling its socio-economic development. Mainstream media sustainability amid digital transformation.
Domestic economy expands to N$48.6 billion | Namibia Economist
WEBSep 28, 2022 · The size of the domestic economy expanded to N$48.6 billion in the second quarter of 2022 on the back of the manufacturing, retail, and agriculture sectors, the Namibia Statistics Agency revealed.
Headlines | Namibia Economist
WEBAssessing the two-pot system for Namibia: A potential alternative to compulsory preservation
Domestic economy grows by N$1.1 billion over a year
WEBDec 16, 2021 · The domestic economy remained in a positive trajectory in the third quarter of 2021, showing an increase of N$1.1 billion over a year, according to the Namibia Statistics Agency (NSA). The domestic economy increased by 2.4% compared to a decline of 12.3% recorded in the corresponding quarter of 2020. In …
Economic diversification in Namibia: Past, present and the way …
WEBJul 18, 2023 · The unemployment rate averaged 21% from 1991 to 2021, reaching an all-time high of 24.5% in 1997 and a record low of 16.8% in 2012. But by the end of 2022, it has jumped back to 22% according to Trading Economics global macro models and analysts’ expectations. In the medium term, the Namibian unemployment rate is projected to trend around 23% ...
2022/23 budget outlook – IJG | Namibia Economist
WEBFeb 25, 2022 · By IJG Research. Finance Minister, Iipumbu Shiimi’s budget statement for the 2022/23 financial year in the National Assembly on 24 February. IJG Research gives a review and an outlook of the budget.. Point 39 of the budget speech states, “…government is committed to redirecting much of the revenue increases in the coming years, as the economy recovers, towards debt redemption and ...
Unlocking Namibia’s economic growth and opportunities in 2023
WEBIn 2023, high unemployment rates are expected to persist in Namibia. According to global macro models and analysts at Trading Economics, the youth unemployment rate in Namibia is projected to be around 47.4% in 2023. This may limit the consumer spending growth in a small country like Namibia and reduce prospects for discretionary consumer ...
Empowering Namibia’s growth: Crucial role of SMEs and economic ...
WEBDec 8, 2023 · Beyond employment creation, SMEs play a pivotal role in economic growth and social development, contributing over 12% to GDP, with some estimates reaching as high as 70%. The service industry, in particular, sees SMEs accounting for a substantial 60%. These businesses are the backbone of the local economy, fostering growth, employment, and income.
Namibia’s economic outlook: Managing global change and taking …
WEBJul 5, 2023 · By Tyrone van Wyk. Old Mutual Namibia Chief Investment Officer. Like many other countries, Namibia is faced with a challenging economic environment created by global macro changes.
Namibian inflation hits 5.6% as Cost of Living crisis deepens
WEBMay 19, 2022 · Volatility in global commodity prices and ongoing supply chain disruption will continue to stoke price pressures. The result will be even higher costs for businesses, and a deep squeeze in the cost of living for households. Furthermore, it is now or never to save Namibia from this cost of living crisis and food insecurity.