Category: Markets
Rental market remains overall negative owing to the persistent weak domestic economy – Expert
FNB Namibia recently released the latest rental index report, which according to Ruusa Nandago,...
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Property prices expected to remain in the red – Economist
In the latest FNB Residential property report author Ruusa Nandago, FNB Group Economist states,...
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Annual average inflation for 2019 pegged at 3.7%
Annual inflation came in at 2.6% for the month of December 2019, bringing Namibia’s annual average...
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Developing economies’ growth to pick up to 4.1% in 2020 but rebound is not broad-based – World Bank 2020 view
Washington, 08 January 2020 — Global economic growth is forecast to edge up to 2.5% in 2020 as...
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Current account registers a deficit of N$1.1 billion during third quarter of 2019
The current account registered a deficit of N$1.1 billion during the third quarter of 2019,...
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Liquidity position of commercial banks decline in November
The banking industry’s overall liquidity position declined to N$1.8 billion in November 2019 from...
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National reinsurer, one of only a very few state-owned enterprises ripe for listing on the Namibian Stock Exchange
The African division of Global Credit Ratings Co. (GCR) released the updated credit rating for the...
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Economy thirsty for some rain and higher commodity prices
An elusive economic rebound is expected in 2020, but recovery is expected to be relatively weak as...
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Capricorn sees bottom of inflation cycle, expects upturn to start incrementally in December
Capricorn Asset Management’s Chief Economist, Floris Bergh said their short and medium term...
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Schlettwein says government to take consolidation measures after Moody’s downgrade
The Minister of Finance, Calle Schlettwein released a statement saying the downgrade was expected...
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Repo rate unchanged at 6.5% as economy’s growth remains slow in first 10 months
The Bank of Namibia has decided to keep the repo rate unchanged at 6.5% in order to continue...
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Namibia records trade deficit of N$3,779 million in second quarter
The overall value of exports and imports for the second quarter of 2019 was estimated at N$23,468...
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