Tag: economy

Export incentive spur production
Business
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Business
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Export incentive spur production

Staff Reporter - Feb 24, 2017

By Tichaona Kurewa HARARE-THE five percent export incentive the Reserve Bank of Zimbabwe (RBZ) introduced in 2016 is spurring production in most sectors of the economy, the…

Nam on economic recovery
Business
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Business
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Nam on economic recovery

Staff Reporter - Feb 24, 2017

By Magreth Nunuhe Windhoek – The Namibian government says that it can now maintain its debt levels and does not anticipate any further budget cuts during 2017, while…

Uncertainty reigns over Namibia budget cuts
Business
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Business
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Uncertainty reigns over Namibia budget cuts

Staff Reporter - Feb 03, 2017

By Timo Shihepo Windhoek – Namibia’s finance ministry has vowed to continue implement austerity measures to contain the crippling liquidity crisis by cutting the budget and doing…

Kenya Warns ‘Trump Effect’ poses threat to its economy
Business
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Business
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Kenya Warns ‘Trump Effect’ poses threat to its economy

Staff Reporter - Feb 03, 2017

By Felix Njini Uncertainty surrounding U.S. policies on trade and immigration poses a major external threat to East Africa’s biggest economy, Central Bank of Kenya Governor Patrick…

Africa’s blue economy remains in the red
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Africa’s blue economy remains in the red

Staff Reporter - Oct 31, 2016

By Thandisizwe Mgudlwa CAPE TOWN–GLOBAL economic experts have previously estimated the economic value of the blue economy for Africa at over one trillion US dollars. If they…

Africa rising or African reeling?
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News
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Africa rising or African reeling?

Staff Reporter - Oct 24, 2016

 ‘The continent as a whole heading for tough period’ By Jeffrey Gettleman NAIROBI— FOR decades Africa was eager for a new narrative, and in recent years it got…

Mauritius most competitive economy
Featured
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Featured
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Mauritius most competitive economy

Staff Reporter - Oct 14, 2016

By Tatenda Gwaambuka THOUGH African economic performance remains underwhelming, there is much hope for the future. Mauritius is the 2016-2017 most competitive economy in Sub-Saharan Africa according to…

Namibian economy declines
Economies
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Economies
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Namibian economy declines

Staff Reporter - Sep 30, 2016

Windhoek - The Namibian economy recorded a decline of 1,2 per cent in the second quarter of 2016, compared to 7,0 per cent growth registered in the…

Trouble is coming, Geingob tells white capital
News
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News
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Trouble is coming, Geingob tells white capital

Staff Reporter - Sep 19, 2016

By Magreth Nunuhe WINDHOEK - NAMIBIA is sitting on a powder keg and white people, who still control the country’s economy and remain the biggest land owners, must…

Fitch rating: it’s not  all doom and gloom
Boss's Diary
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Boss's Diary
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Fitch rating: it’s not all doom and gloom

Staff Reporter - Sep 16, 2016

THE International Rating Agency, Fitch, on August 31 released its latest assessment of the Namibian economy. Writing for The Southern Times today, JOHN STEYTLER, the economic adviser…

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

How can Africa benefit from Bitcoin?
Business
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Business
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How can Africa benefit from Bitcoin?

Staff Reporter - Sep 02, 2016

By Albertus Schoeman THE market uncertainty seen in the run-up to the Brexit referendum created one big winner: Bitcoin. In the space of a week, US$3 billion,…

Synthetic diamond threat to Botswana economy
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Business
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Synthetic diamond threat to Botswana economy

Staff Reporter - Aug 29, 2016

By Mpho Tebele GABORONE-BOTSWANA’S former Minister of Minerals, Energy and Water Affairs David Magang has warned that synthetic diamonds pose a serious threat to Botswana’s diamond-led economy. He…

Nam must open economy to blacks – chamber
Business
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Business
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Nam must open economy to blacks – chamber

Staff Reporter - Aug 19, 2016

WINDHOEK - THE National Equitable Economic Empowerment Framework (NEEEF) should bring transformation and restructuring in the economy to ensure that the majority of Namibians participate in it.…

Alweendo wishes for an NDP5 responsive to Namibians’ aspirations
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Alweendo wishes for an NDP5 responsive to Namibians’ aspirations

Staff Reporter - Aug 12, 2016

Windhoek – The Fifth National Development Plan (NDP5) should be relevant, realistic, and practical and a plan Namibia can identify with and support. This is the view…

Let the economy scream – Robin Cook’s ominous warning rings loud
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Let the economy scream – Robin Cook’s ominous warning rings loud

Staff Reporter - Aug 08, 2016

By Lovemore Ranga Mataire Nearly two decades into Western-imposed economic sanctions on Zimbabwe, analysts say alleged rights violations are merely a smokescreen for Western countries’ fear of seeing…

Namibia’s economy to improve in 2017
Business
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Namibia’s economy to improve in 2017

Staff Reporter - Aug 08, 2016

By Timo Shihepo Windhoek – Bank of Namibia has projected that the domestic economy would start growing by next year, after experiencing a slow down during the second…

China-Africa Tourism Conference on the cards
Business
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China-Africa Tourism Conference on the cards

Staff Reporter - Aug 08, 2016

By Lazarus Sauti Most countries in southern Africa depend on tourism as the main contributor to their gross domestic product (GDP), with the industry being an essential engine…

Brexit is bad news for Africa. Period. …Everything from the economy to peacekeeping missions will suffer
Opinion
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Opinion
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Brexit is bad news for Africa. Period. …Everything from the economy to peacekeeping missions will suffer

Staff Reporter - Jul 01, 2016

By Alex De Waal The British diplomatic corps is in a state of shock. Overnight, Great Britain has been reduced to Little England and the country’s global stature…

Weak mining industry, water and power shortages blight Bots economy
Business
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Business
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Weak mining industry, water and power shortages blight Bots economy

Staff Reporter - Jul 01, 2016

By Mpho Tebele Gaborone - Bank of Botswana has said that similar to the previous survey, water supply shortages and power outages were the most commonly cited challenges…