Category: Markets
Capricorn Group profit after tax increases to N$983 million
Capricorn Group released its financial results for the period ended June 2021, showing that the...
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Inflation ticks lower in August
Namibia’s inflation slowed to 3.4% in August on the back of a 4% increase in prices seen in July,...
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Extremely difficult operating environment results in normalised earnings decreasing for FirstRand Namibia
FirstRand Namibia Limited announced its financial results for the year ending 30 June 2021,...
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Neighbour’s SA emerge as the country’s largest export and import destination in July
The trade composition by partner illustrated that South Africa emerged as Namibia’s largest market...
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Arysteq offers local investors exposure to international equities
Simonis Storm sister company, Arysteq Asset Management has embarked on a market drive to find new...
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Over N$3 billion expected to be raised through public offering of MTC shares
The largest proposed listing by a local company since the establishment of the Namibia Stock...
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Agricultural lender disburses loans to the value of N$217 million amid COVID-19 pandemic
Agricultural lender, Agribank, despite the uncertainties brought by the COVID-19 pandemic,...
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Overall inflation for 2021 now projected to average around 3.9% – central bank
The country’s overall inflation is projected to average around 3.9% for 2021, slightly higher than...
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Repo rate maintained at 3.75%
The Bank of Namibia has kept the repo rate unchanged at 3.75% to support domestic economic...
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Economy expected to grow by 1.4% in 2021 – Bank of Namibia outlook
The domestic economy growth is projected to increase by 1.4 % and 3.4% in 2021 and 2022...
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Inflation averages at 4%
Inflation averaged at 4% in July 2021, compared to 4.1% in the prior month, according to the...
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Merchandise trade strengthens in June, but trade balance remains in a deficit
Namibia’s trade balance remained in a deficit amounting to N$987 million, while total merchandise...
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