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100 years of diamonds: Anglo American’s century-old link with Namibia

25. septembre 2017, inke - Economics

One of the biggest global companies in the mining sector, Anglo American, celebrates its hundredth anniversary this month. Time to reflect on its founder, Sir Ernest Oppenheimer, who started South Africa’s diamond dynasty. Anglo American’s wealth is inseparably intertwined with Namibia’s diamond sector and Anglo’s subsidiary, De Beers.

100 years of diamonds: Anglo American’s century-old link with Namibia

Namibia’s economy improving, says Finance Minister

22. août 2017, inke - Economics

Finance Minister Calle Schlettwein has called on the country’s private sector and the investor community to “remain positive and supportive” despite a downgrade in rating. Speaking at a business breakfast organised by the Namibia Chamber of Commerce & Industry (NCCI), Minister Schlettwein said on 21 August 2017, the government’s fiscal consolidation measures were credible and showed results, while remaining on track. 

Namibia’s economy improving, says Finance Minister

Namibian Economics to the Point – March 2017

31. mars 2017, inke - Economics

With good rainfalls in most parts of Namibia raising hopes for good harvests and a general economic upswing, the new national budget, tabled this month, also tended to the positive by avoiding tax increases - a relief for taxpayers and the economy. Government announced plans to expropriate farms for fair compensation. Petrol prices went up by 32 cents a litre and Diesel increased by 25 cents. 

Namibian Economics to the Point – March 2017

Namibian Economics to the Point - February 2017

02. mars 2017, inke - Economics

While a few dark clouds over Namibia’s economic downturn still prevail, there are silver linings as some mining companies and the tourism industry perform well. The Finance Ministry applied fiscal brakes on spending and demands that State-owned companies make profits. Welcome rains during February helped fill several dams and farmers are cautiously optimistic about beef and crop productions. Western parts of Namibia only received scattered rainfalls. Some nervousness prevails in the economy.

Namibian Economics to the Point - February 2017

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