NAMIBIA BETS BIG ON EDUCATION TO FUEL ECONOMIC FUTURE

NAMIBIA BETS BIG ON EDUCATION TO FUEL ECONOMIC FUTURE Source: Business Express In a landmark address delivered last week, President Netumbo Nandi-Ndaitwah launched Namibia’s national campaign under the African Union’s “End Learning Poverty for All in Africa” initiative, placing a massive economic wager on foundational education as the cornerstone of the nation’s future prosperity. The […]

STRENGTHENING PARENTING FOR EARLY CHILDHOOD DEVELOPMENT IN NAMIBIA

STRENGTHENING PARENTING FOR EARLY CHILDHOOD DEVELOPMENT IN NAMIBIA Amidst the hardships of living in informal settlements, where poverty cycles persist, parents frequently encounter challenges when it comes to the development of their children, especially during the early years when it is most vital. This is often due to demanding work hours, unemployment and unsafe living […]

ECONOMIC PROGRESS UNDER NAMIBIA’S LATE PRESIDENT

Economic Pulse – March 2024 His Excellency Dr Hage Geingob embarked on his presidency in 2015 amidst a wave of public support, having secured 86% of the presidential vote in 2014. However, with Geingob’s inauguration as the third president of Namibia, he inherited an overheated economy rapidly running out of steam. While Namibia had been […]

ECONOMIC OUTLOOK UPDATE – February 2021

THE NAMIBIAN ECONOMY IS EXPECTED TO GROW BY 2.7 PERCENT IN 2021 1. Introduction The Bank of Namibia released the Economic Outlook update for February 2021 with the domestic economy expected to recover to a growth rate of 2.7 percent in 2021, from a deep contraction of 7.3 percent in 2020. 2. Global and Regional […]

DEBT MANAGEMENT DURING TOUGH TIMES

By: Bank Windhoek’s Market Research Analyst, Loide David In August, the Bank of Namibia (BoN) cut its benchmark interest rate by another 25 Basis Points (BPS), a standard unit of measure for interest rates, to a record low of 3.75 percent, after the South African Reserve Bank’s interest rate was cut by the same margin in July. […]

BANK OF NAMIBIA RALLIES DOMESTIC ECONOMIC PLAYERS TO SUPPORT ECONOMIC RECOVERY

PRESS RELEASE:  11 February 2021, Windhoek BANK OF NAMIBIA RALLIES DOMESTIC ECONOMIC PLAYERS TO SUPPORT ECONOMIC RECOVERY In line with its mandatory obligation to provide sound advice that informs robust and agile policy making, the Bank of Namibia on Thursday, 11 February 2021, hosted an economic roundtable with Chairpersons of Board of Directors and CEOs […]