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Namibia’s economy improving, says Finance Minister

22. August 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. March 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. 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

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