Countries are stepping up with finances for the most vulnerable of the world, IMF Managing Director Kristalina Georgieva said Thursday (Oct. 12) in Marrakech, Morocco. Thousands of journalists, policymakers, bankers... read more →
Namibia's annual inflation rate for September 2023 decreased to 5.4% from the 7.1% rate seen in September 2022. Additionally, the monthly inflation rate for September 2023 rose to 0.8%, up... read more →
The IMF anticipates a global growth slowdown, with projections of 3% for this year and 2.9% in 2024, according to Pierre-Olivier Gourinchas, the head of the Fund's Research Department. This... read more →
The IMF sees global growth slowing this year Pierre-Olivier Gourinchas, head of the Fund’s Research Department said ahead of the launch of the World Economic Outlook (WEO) Tuesday (October 10)... read more →
By Werner Afunde, Finance Manager, Capricorn Group The writer Ryder Carrol wrote, "No matter how bleak or menacing a situation may appear, it does not entirely own us. It can't... read more →
The global economy is at a critical juncture, with varying growth rates among economies. The UN predicts a slowdown in global economic growth from 3% to 2.4% in 2023, with... read more →
Sub-Saharan Africa’s economic outlook remains bleak amid an elusive growth recovery. According to the latest World Bank Africa’s Pulse report, rising instability, weak growth in the region’s largest economies, and... read more →
While the Bank of Namibia has opted to maintain the repo rate at 7.75 percent, they are now gearing up for a crucial interest rate decision at the upcoming Monetary... read more →
By Josef Kefas Sheehama The Ministry of Mines and Energy has announced an increase in the prices of petrol and diesel, citing a combination of rising international oil prices and the... read more →
By Josef Sheehama Namibia is still some distance away from where we would like to be to sustainably meet the 3.6% or below inflation goal. Although annual inflation has been... read more →