Namibia Economist | African Business Centre
Aug 20, 2012 · Namibia’s nuclear ambitions: Shaping the future of energy development. Educated youth: The key to Namibia’s nuclear-powered future. Shaping Namibia's Energy Future: Embracing a Diverse Energy Mix. Namwater Dam Bulletin on Monday 04 November 2024 plus updated Von Bach inflow on Friday 08 November 2024. Assessing the two-pot system for ...
Namibia accelerates development towards first oil - Economist
Jan 25, 2024 · The plan for the Namibian government, the International Oil Companies, and our partners is to accelerate these discoveries’ development and see the first oil in Namibia. We have commenced appraisal work on the Graff-1 and Venus-1 discoveries and the initial results have been very encouraging. We are making ongoing evaluations to determine the ...
Unlocking Namibia’s economic growth and opportunities in 2023
In 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 ...
Economic diversification in Namibia: Past, present and the way …
Jul 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% ...
Headlines | Namibia Economist
Nov 12, 2024 | Special Focus. Communal redmeat producers awarded for their farming acumen. Nov 12, 2024 | Agriculture. NUST, Bank of Namibia launch first ever AI and Robotics Laboratory. Nov 12, 2024 | Education. Trustco wants to ditch the JSE as primary listing and move to Nasdaq. Nov 12, 2024 | Markets.
2023/24 Namibian Budget in Review: Shifting from ... - Economist
Mar 1, 2023 · Total Revenue is budgeted to rise by 16.5% to N$74.7bn and Expenditure by 13.2% to N$84.6bn in FY24, resulting in a deficit of N$9.8bn, equal to 4.6% of GDP. Over the next two years, FY25 and FY26, it is estimated to decline to 3.8%. If a “consolidation” stance were still in effect, the decline in the deficit would have been faster.
Oil can place Namibia among top producers by 2035 - Economist
Aug 16, 2023 · The Prime Minister Hon Saara Kuugongelwa-Amadhila on Wednesday reaffirmed the government’s commitment to socioeconomic development and environmental stewardship, following the discovery of two light crude oil discoveries in Namibia in the last 18 months, namely Venus and Graff in the Orange Basin. “Statistics show that the Venus discovery ...
Markets | Namibia Economist
Markets | Namibia Economist. Empowering Change - Why gender inclusivity is crucial for mining and economic resilience. As one chapter closes, so begins the UN Sustainable Development Cooperation Framework. Smart saving and investment strategies after the income tax amendment. Beyond wealth: The key to building a lasting legacy across generations.
Namibian inflation hits 5.6% as Cost of Living crisis deepens
May 19, 2022 · The Bank of Namibia’s Monetary Policy Committee is set to meet on the 15 June 2022. So, if the Bank of Namibia wants to curb inflation, it may raise the repo rate. I believe that the Bank of Namibia will increase the repo rate by 50 basis points. The economy is still on a weakish footing with not all the sectors in positive growth territory ...
Namibia’s economic outlook: Managing global change and taking …
Jul 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.