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Bank Of Namibia Will Reverse Its Monetary Policy Direction - Fitch Solutions (press release)

The BoN supports a one-to-one peg between the Namibian dollar and the South African rand, typically leading the BoN to mirror the policy direction taken by the SARB in order to maintain exchange rate parity. While the BoN didn't follow through with the ...altro » Leggi

Fuel price up again - Namibian

Mines minister Tom Alweendo said the major factor that led to the increase is the depreciating exchange rate between the Namibia dollar against the United States dollar “during the course of August, jumping from an average of N$13,37 in July to an ... Leggi

Namibia needs improved investment climate - Namibian

NAMIBIA needs to continue improving its business and investment climate in order to attract domestic and foreign direct investment in the manufacturing and services sectors. The Economic Association of Namibia's research associate, Klaus Schade, said ...altro » Leggi

Fuel price bites - Namibian

Speaking to The Namibian, Omu Kakujaha-Matundu, senior lecturer in the department of economics at the University of Namibia, said he foresees fuel pump prices continuing on an upward trajectory because the rand is depreciating fast against the US ...altro » Leggi

Fuel price to increase by 40 cents per litre -

It says the major contributing factor to this month's increment is the depreciating exchange rate of the Namibian dollar against the US dollar, during the course of August. It says the results of the latest fuel price review indicate that the oil ... Leggi

Namibia Economic Performance: Is Minister Schlettwein In Control? - The Patriot Namibia (press release) (blog)

With threats of the nationalisation of the Reserve Bank of South Africa and the nationalisation of land without compensation in South Africa, the Rand is likely to pose a serious threat to the strength on the Namibian Dollar. In the same vein income ...altro » Leggi

From The Twittersphere - Namibian

@squidslippers: I recently noticed that whenever life was getting me down, I'd usually find a dollar in my pocket the next day. I told my parents how weird it was and they told me my little sister puts a dollar in one of my pockets when she knows I'm ...altro » Leggi

Namibia: Businessman Fears for Oranjemund Ghost Town -

Kalenga said a property developer recently pulled out of a deal to build a multimillion-dollar shopping complex, amid concerns of the impact the mine closure would have on the residents' buying power. He described voluntary severance packages the ...altro » Leggi

Editorial ... Fear Secrecy, Not Dragon Debt - Namibian

For secrecy, look at one of many examples. Geingob is relentlessly pushing for multibillion-dollar spending towards construction or upgrade of the Hosea Kutako International Airport, allegedly to turn Namibia into a logistics hub similar to Singapore ...altro » Leggi

Oil prices claw back on supply concerns - Namibian

“As we move into 2019, a possible risk to our forecast lies in some key emerging economies, partly due to currency depreciations versus the US dollar, raising the cost of imported energy,” the agency said. “In addition, there is a risk to growth from ...altro » Leggi