Namibia Economist | African Business Centre
2012年8月20日 · Promoting credible information ahead of November elections. Assessing the two-pot system for Namibia: A potential alternative to compulsory preservation. Untapped potential of insurance to help MSM enterprises retain talent. Smoothed Bonus Funds for investing in uncertain times. MSM Enterprises also need insurance for unforeseen events.
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 ...
Intra-African trade on the rise | Namibia Economist
2 天之前 · The country’s trade within the African Continental Free Trade Area (AfCFTA) has seen a significant boost. According to the Namibia Statistics Agency (NSA), the country exported goods worth N$4.7 billion to other African nations in September 2024, while importing N$7.7 billion. The AfCFTA, a key initiative of the African Union’s Agenda 2063 ...
Economic diversification in Namibia: Past, present and the way …
2023年7月18日 · 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
2024年10月22日 · Headlines | 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.
2023/24 Namibian Budget in Review: Shifting from ... - Economist
2023年3月1日 · 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.
Shell’s sizeable oil discovery in Namibia means huge ... - Economist
2022年2月7日 · The National Petroleum Corporation of Namibia (NAMCOR), alongside partners Shell Namibia Upstream B.V. and Qatar Energy recently announced the discovery of sizeable quantities of light oil in both primary and secondary targets at the Graff-1 well offshore Namibia, ushering in a new era of hydrocarbon exploration and production for the country.
Oil can place Namibia among top producers by 2035 - Economist
2023年8月16日 · 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 …
Namibia accelerates development towards first oil - Economist
2024年1月25日 · 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 ...
Namibia’s economic growth to increase to 4.2% – IMF Regional …
2024年10月30日 · By Michel Haoses. According to the IMF Regional Economic Outlook for Sub-Saharan Africa published last week, economic growth in the Sub-Saharan region is expected to remain at 3.6% in 2024 while economic growth is recorded at 3.1% in Namibia with a 1.1% increase expected next year. The report notes that macroeconomic imbalances are still faced ...