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Namibian Economics to the Point - February 2017

02. March 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

The Brahmans are coming: from Texas to southern Africa

10. February 2017, inke - Economics, Discover Namibia

When a Namibian farmer proudly offers to show his Brahmans to his guest he certainly does not have Hindu philosophers in mind. He means his prize cattle. Brahmans and Brahman crossbreeds are among the most popular beef cattle breeds in southern Africa. Originally they hail from India. But how did Brahman cattle make their way to southern Africa? 

The Brahmans are coming: from Texas to southern Africa

Namibia copes with drought

04. November 2016, inke - Economics

Namibia has been hit hard by severe droughts over the last three years. Crop harvests have reduced as a result, cattle and other livestock died. Even wild animals compete for dwindling water resources and grazing. There is good news however - the latest weather forecasts at the end of October point to a higher likelihood of normal rainfalls during the October 2016 to April 2017 season, according to the FAO. Central Namibia and the capital Windhoek are also affected. While some rainfall was received, the rivers in and around Windhoek hardly flowed and the dams have not received inflow.

Namibia copes with drought

Namibia: economic review - October 2016

31. October 2016, inke - Economics

This review highlights interesting developments about Namibia’s economy during the month of October 2016. The main topics: 
Fiscus cuts budget - Finance Minister Calle Schlettwein announced budgetary cuts of some N$5.5 billion for the current financial year, which runs from April 2016 to March 2017.
Marketing Namibia in the US - Namibia’s President Hage Geingob returned from his USA trip in early October. Apart from attending the UN General Assembly in New York, President Geingob hosted several business events in New York and in Washington.

Namibia: economic review - October 2016

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