Category: Markets
Prices for frozen horse mackerel to increase – Last price increase announced in 2018
The price of frozen horse mackerel will increase from 23 January due to the recent escalation in...
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Overall average annual inflation for 2022 comes in at 6.1% – NSA
The year-on-year inflation in December last year increased by 6.9% compared to 4.5% recorded in...
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Swakopmund Christmas Fair exhibitors capitalize tourism spin-offs
By Adolf Kaure. Swakopmund mayor, Her Worship Dina Namubes said that the influx of tourists during...
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Regional development bank targets infrastructure, ICT, renewables and ESG
Abidjan — The Board of Directors of the African Development Bank Group has approved a R2.2 billion...
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Annual inflation up 7% in November
The annual inflation rate in November 2022 increased by 7% compared to 4.1% recorded in November...
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Domestic financial system remains stable, robust and resilient – Central Bank
The domestic financial system remains stable, robust, and resilient to withstand elevated risks...
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Small postpaid customer base carries nearly one quarter of MTC’s performance
Digital enabler, MTC for the financial year ended 30 September 2022 saw revenue growth of 3.7%...
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Economic growth estimated to increase to 3.9% in 2022 – Central bank
The country’s Real GDP growth is estimated to increase to 3.9% in 2022, from a growth of 2.7% in...
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Trade balance remains in a deficit in October – NSA
The country’s trade balance in October remained in a deficit. However, it improved by a notable...
Read MoreInflation expected to slow to 4.9% next year – !Gawaxab
The overall inflation for 2022 is now projected to average around 6.1% before slowing to 4.9% in 2023, Bank of Namibia governor, Johannes !Gawaxab said this week. According to !Gawaxab, the central bank is also currently...
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Repo rate hiked by 50 bps, now at 6.75%
The Bank of Namibia’s (BoN) Monetary Policy Committee (MPC) decided to hike the repo rate by 50...
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Bank Windhoek identified as the best foreign exchange financial institute locally
Bank Windhoek was recently named the Best Foreign Exchange (FX) Bank locally by the London-based...
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