Economic Pulse - December 2022 Looking back, 2022 was a year of ups and downs. The optimism that pervaded the start of the year faded as the Ukraine conflict escalated. Tightening monetary policy and rampant inflation in major developed economies renewed the uncertainty of economic recovery though mid-to-late 2022. And, as at the time of [...]
Economic Pulse - September 2022 Over the pas couple of decades a lot has been done in terms of improving health care systems around the world. The number of low- and middle-income countries aspiring to achieve universal health coverage (UHC) has also been rising. At present, over 70 nations, mainly in the developed world, operate [...]
By Reem El Sherif, RMB Strategy and Business Development Manager. Reem leads Strategy in RMB Namibia and is a passionate researcher in the gender and socio-economic development field. With just around seven and a half years to go for the world to achieve the ambitious gender equality targets of Sustainable Development Goal (SDG) 5, the average [...]
Caption from left to right: Jaco Esterhuyse, Financial Director of Capricorn Group and Marlize Horn, Group Executive: Brand & Corporate Affairs, at the Afrox Bulk Medical Oxygen facility in Windhoek 7 July 2021 On 7 July 2021, Capricorn Group received the first truck with 21 tonnes of medical oxygen, at [...]
Caption from left to right: Mr. Ben Nangombe: Executive Director - MHSS, Hon. Esther Muinjangue: Deputy Minister of Health and Social Services, Mr. Jason Hailongo: Chief Executive Officer of NaSIA, Ms, Petronella Masabane: Deputy Executive Director – MHSS. 30 April 2021: On 29 April 2021, an amount [...]
By: Bank Windhoek’s Market Research Analyst, Loide David Attempting to purchase a house without a plan in place can be a challenging situation. As a first-time homebuyer, you will need to prepare in advance. The steps below can help you buy a home more conveniently and reach the best outcome possible. Preparation: Before you [...]
28 January 2021: The new year is upon us and brings new energy and opportunity for us to put in place or relook our financial plan for the year ahead. Unfortunately, COVID-19 is still very much our reality and continues to put a heavy strain on people’s wellbeing and [...]
THE NAMIBIAN ECONOMY IS EXPECTED TO GROW BY 2.7 PERCENT IN 2021 1. Introduction The Bank of Namibia released the Economic Outlook update for February 2021 with the domestic economy expected to recover to a growth rate of 2.7 percent in 2021, from a deep contraction of 7.3 percent [...]
By: Bank Windhoek’s Market Research Analyst, Loide David In August, the Bank of Namibia (BoN) cut its benchmark interest rate by another 25 Basis Points (BPS), a standard unit of measure for interest rates, to a record low of 3.75 percent, after the South African Reserve Bank's interest rate was cut by the same margin in [...]
PRESS RELEASE: 11 February 2021, Windhoek BANK OF NAMIBIA RALLIES DOMESTIC ECONOMIC PLAYERS TO SUPPORT ECONOMIC RECOVERY In line with its mandatory obligation to provide sound advice that informs robust and agile policy making, the Bank of Namibia on Thursday, 11 February 2021, hosted an economic roundtable with Chairpersons [...]
