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 →
Press Release A new TransUnion survey, presented at the inaugural Financial Services Summit in Namibia this week, has revealed a challenging financial outlook for Namibian consumers. While two in 10... read more →
By Josef Kefas Sheehama The Ministry of Mines and Energy, announces the adjustment of fuel prices based on current local and international factors with effect from the 6th of September 2023. The... read more →
Inflation in the Eurozone held steady in August according to the EU's latest estimate. European governments had hoped inflation would continue its downward trend ahead of the European Central Bank's... read more →
By Josef Kefas Sheehama The annual inflation rate recorded for July 2023 was 4.50%, a steep decrease compared to 5.30% recorded in June 2023. Keeping the repo rate steady is particularly... read more →
Rising interest rates and persistent inflation in 2022 led to the first drop in total household wealth since the 2008 financial crisis. Private global wealth decreased by 2.4% to $454.4... read more →
U.S. stocks fell again Friday to mark the worst week on Wall Street since March. This comes as July's jobs numbers painted a somewhat mixed picture of the U.S. economy.... read more →
U.S. stocks lost ground again on Thursday despite hopes that inflation will continue to fall. The markets are still digesting the move by Fitch to downgrade the United States' credit... read more →
Food prices are expected to soar due to threatening weather conditions that will likely negatively impact agricultural production, further exacerbated by the high importation of products. According to Simonis Storm’s... read more →
The Namibia Statistics Agency says that the annual inflation rate in June was 5.3%, the lowest rate recorded since May last year. Robert McGregor tells us why this is the... read more →