Tag: Calle Schlettwein

Namibian economy to recover in three years – IMF
Business
0 shares417 views
Business
0 shares417 views

Namibian economy to recover in three years – IMF

Staff Reporter - Dec 15, 2017

By Magreth Nunuhe Windhoek – The International Monetary Fund (IMF) expects Namibia’s economy to recover over a period of three years, thanks to new mines ramping up…

Namibia not blacklisted by the EU
Business
0 shares383 views
Business
0 shares383 views

Namibia not blacklisted by the EU

Staff Reporter - Dec 07, 2017

Timo Shihepo Windhoek – The European Delegation to Namibia has said that although the country has been listed as a non-cooperative tax jurisdiction, Namibia is not classified…

Namibia angered by EU’s tax haven tag
News
0 shares725 views4
News
0 shares725 views4

Namibia angered by EU’s tax haven tag

Staff Reporter - Dec 06, 2017

By Timo Shihepo Windhoek – The blacklisting of Namibia by the European Union (EU) as one of the countries which are non-cooperative jurisdictions for tax purposes has…

Fiscal policy key to growth amid trade partners’ decline: Schlettwein
Business
0 shares243 views
Business
0 shares243 views

Fiscal policy key to growth amid trade partners’ decline: Schlettwein

Staff Reporter - Nov 24, 2017

By Melba Kaure Walvis Bay – Namibian Minister of Finance, Calle Schlettwein, says Namibia’s fiscal policy would gradually start focusing more on effective domestic resources mobilisation and…

‘Nothing new about Namibia’s latest Fitch Ratings downgrade’
Business
0 shares266 views
Business
0 shares266 views

‘Nothing new about Namibia’s latest Fitch Ratings downgrade’

Staff Reporter - Nov 24, 2017

By Timo Shihepo Windhoek – The recent downgrade of the Namibian economy to junk status by Fitch Ratings merely highlights what is already known and there is…

Of downgrades, austerity measures and reality
Business
0 shares238 views
Business
0 shares238 views

Of downgrades, austerity measures and reality

Staff Reporter - Nov 24, 2017

By Phillip Shingirai Windhoek – The Namibian economy is currently experiencing what many would term a cocktail of challenges and moment of brilliance at the backdrop of…

Testing times for Namibian economy
Business
0 shares557 views
Business
0 shares557 views

Testing times for Namibian economy

Editor Southern Times - Nov 10, 2017

By Timo Shihepo Windhoek - The Namibian economy is facing its tough test yet, as the Ministry of Finance faces a huge task of balancing expenditure cuts…

Namibia set sights on reducing sovereign debt
Business
0 shares484 views1
Business
0 shares484 views1

Namibia set sights on reducing sovereign debt

Editor Southern Times - Sep 25, 2017

By Timo Shihepo Windhoek – Namibia’s finance minister, Calle Schlettwein said that plans are in place to reduce the country’s sovereign debt of 41.9 percent to 30…

Nam downgraded to ‘junk status’ . . . Government to limit its borrowing to the Rand
Business
0 shares731 views
Business
0 shares731 views

Nam downgraded to ‘junk status’ . . . Government to limit its borrowing to the Rand

Editor Southern Times - Aug 21, 2017

By Magreth Nunuhe WINDHOEK – Namibia’s Minister of Finance, Calle Schlettwein, says that limiting government’s borrowing to the South African Rand will be a good approach if…

Is semi-privatisation the way to go for SADC state owned enterprises?
Business
0 shares748 views1
Business
0 shares748 views1

Is semi-privatisation the way to go for SADC state owned enterprises?

Staff Reporter - Jun 26, 2017

By Southern Times Writer WINDHOEK – Since the dawn of independence most Southern African Development Community (SADC) member countries saw the worse and worst in most State…

The looting of Africa continues …as US$203bn was siphoned out in 2015
Featured
0 shares1377 views
Featured
0 shares1377 views

The looting of Africa continues …as US$203bn was siphoned out in 2015

Staff Reporter - Jun 05, 2017

By Timo Shihepo Windhoek – Rich nations continues to plunder Africa of its resources through unethical means including tax dodging, profit repatriation and debt repayments, according to…

AfDB provides African solutions to African problems
Business
0 shares491 views
Business
0 shares491 views

AfDB provides African solutions to African problems

Staff Reporter - May 22, 2017

By Tiri Masawi Windhoek - The African Development Bank (AfDB) is proving a vital cog in providing affordable and sustainable lending options and is also providing easy financial…

Smaller economies pushing for fair share of SACU cake
News
0 shares710 views1
News
0 shares710 views1

Smaller economies pushing for fair share of SACU cake

Staff Reporter - May 15, 2017

Tiri Masawi Windhoek - Namibian Minister of Finance Calle Schlettwein has reiterated the need for the smaller nations within the Southern African Customs Union (SACU) to get…

Kudu gas back on track
Business
0 shares1106 views1
Business
0 shares1106 views1

Kudu gas back on track

Staff Reporter - May 08, 2017

By Timo Shihepo WINDHOEK – After two years of silence, talks over the highly awaited Kudu Gas-to-Power Project have resumed. This comes at the back of BW Offshore…

Southern African countries heave under sovereign debts
Business
0 shares905 views
Business
0 shares905 views

Southern African countries heave under sovereign debts

Staff Reporter - Mar 27, 2017

By Timo Shihepo WINDHOEK – SADC member states are battling hard to reduce national debts, which have plagued the economies over the years and have the potential…

Balancing SADC’s books
Business
0 shares1016 views
Business
0 shares1016 views

Balancing SADC’s books

Staff Reporter - Mar 20, 2017

By Magreth Nunuhe WINDHOEK – Governments in the southern African region expect increased total revenue and reduced budget deficit this year, as predicted in their annual national…

Nam unveils R57.54 billion budget
Business
0 shares610 views
Business
0 shares610 views

Nam unveils R57.54 billion budget

Staff Reporter - Mar 13, 2017

By Andreas Thomas WINDHOEK - Namibia Minister of Finance, Calle Schlettwein, on Wednesday presented the national budget for the 2017-18 fiscal year totalling R57.54 billion in the…

Nam wary on tax increase
Business
0 shares375 views
Business
0 shares375 views

Nam wary on tax increase

Staff Reporter - Nov 07, 2016

By Magreth Nunuhe WINDHOEK-THE Namibian government recently announced a massive cut of R6 billion in the national budget under its mid-term budget review. This came on the…

Behind Namibia’s  Fitch ratings – Opportunity for Namibia to reposition
News
0 shares799 views1
News
0 shares799 views1

Behind Namibia’s Fitch ratings – Opportunity for Namibia to reposition

Staff Reporter - Sep 12, 2016

By Timo Shihepo New York-based credit rating agency, Fitch Ratings, last week painted a bleak picture of the Namibian economy and downgraded the country’s economic outlook, causing public…

Nam, Turkey relations booming
Business
0 shares555 views
Business
0 shares555 views

Nam, Turkey relations booming

Staff Reporter - Apr 26, 2016

By Timo Shihepo Windhoek – Turkish Ambassador to Namibia, Deniz Çakar, is happy with the rate at which relations between her country and Namibia have grown in the…