Monthly Archives: February 2020

5 02, 2020

NAMIBIA IN RECESSION – HOW WE ENDED HERE

2023-07-27T10:01:02+00:00 February 5th, 2020|ECONOMIC PULSE, NEWS|

Until now it had never been difficult to answer this question because the words ‘’forward’’, ‘’onward’’ or ‘’upward’’ were mostly used to describe Namibia’s economic growth and outlook. Until now, the measures of progress showed Namibia improving consistently despite the challenges presented by her geography and complicated history. Real per capita income has increased, unemployment [...]

5 02, 2020

CHANGE ON THE HORISON?

2023-07-27T10:00:38+00:00 February 5th, 2020|ECONOMIC PULSE, NEWS|

In last month’s issue we unpacked the origins of the current economic crisis gripping Namibia. We recounted the combination of external factors and domestic policy errors that contributed to the economy overheating, which has resulted in the depressed climate we find ourselves in. The latest quarterly GDP update (Q2) from the Namibia Statistics Agency (NSA) [...]