Ekonomie

NISS records settlement value of N$1 trillion

2 dae gelede | Ekonomie

PHILLEPUS UUSIKUDue to high volumes of the new domestic electronic funds transfer (EFT) system streams, utilisation of the lending facilities, the purchase and resell of government securities and inflows of funds, the central bank’s Namibia...

N$8.8 billion gained in export earnings

2 dae gelede | Ekonomie

PHILLEPUS UUSIKUNamibia gained about N$8.8 billion in exports earnings in November 2021, an increase of 1.3% when compared to N$8.7 billion recorded in October 2021. When compared to November 2020, exports increase by 3.9%, according...

Malpass urges Microsoft to help poor countries

2 dae gelede | Ekonomie

After Microsoft announced it would spend tens of billions of dollars to buy a video game company, World Bank President David Malpass on Wednesday drew a contrast between the deal and the amount of money...

UK inflation pushes cost of living

2 dae gelede | Ekonomie

ROLAND JACKSONThe annual rate of inflation in Britain rose to a near 30-year high in December, official data showed Wednesday, stoking fears about a cost-of-living squeeze as wages fail to keep pace.The UK's inflation rate...

US sanctions strangling Zim economy

2 dae gelede | Ekonomie

FANUEL JONGWECallisto Jokonya stands in the cavernous factory of Imperial Refrigeration and recalls the halcyon days. In the 1990s, his factory, located in the Zimbabwean capital Harare, was buzzing.It had a workforce of 350 people,...

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New vaccine plant in South Africa opens

2 dae gelede | Ekonomie

WENDELL ROELFSouth African-American businessman Patrick Soon-Shiong opened a new vaccine plant in Cape Town on Wednesday, intended to help his local NantSA company make Covid-19...

Oil prices hover around 2014 highs

2 dae gelede | Ekonomie

NAVEEN THUKRAL AND ROSLAN KHASAWNEHOil steadied on Thursday, clawing back losses earlier in the session, as strong demand and short-term supply disruptions continue to support...

Kenyan tourism begins to recover

2 dae gelede | Ekonomie

GEORGE OBULUTSAKenya's tourism industry has started to pull out of its deep Covid-19-induced slump as local travellers take advantage of lower prices, the government said...

The New Range Rover

2 dae gelede | Ekonomie

The New Range Rover makes every journey an occasion, combining advanced technology with modern luxury to deliver peerless refinement in any environment and for every...

Bond yields in Namibia expected to rise

3 dae gelede | Ekonomie

PHILLEPUS UUSIKU Bond yields in Namibia are expected to rise in 2022, more for the medium to long end of the yield curve, as foreign...

UK inflation rises to highest in 30 years

3 dae gelede | Ekonomie

DAVID MILLIKEN AND ANDY BRUCEBritish consumer price inflation rose more than expected to 5.4% in December, its highest in almost 30 years, official data showed...

World's richest people to fund vaccines

3 dae gelede | Ekonomie

A wealth tax on the world's richest people could raise at least US$2.52 trillion per year, enough to fund Covid vaccines for everyone and lift...

World tourism to remain gloomy until 2024

3 dae gelede | Ekonomie

PHILLEPUS UUSIKUThe world tourism industry barely improved last year compared to 2020, with all indicators staying way below pre-pandemic levels and industry professionals not expecting...

Oil demand to remain robust

3 dae gelede | Ekonomie

Global demand for oil is expected to remain "robust" in 2022 and overcome short-term disruption caused by the Omicron coronavirus variant, the Organization of Petroleum...

Vaccine equity a must to end Covid

3 dae gelede | Ekonomie

Vaccine equity is the best way to get out of the current pandemic phase of the coronavirus epidemic, the world's top public health experts said...