Markets & Finance
Latest business and economic developments in markets & finance across Namibia.
22h ago Mauritius Port Sees Surge in Ship Refuelling Amid Global Shipping Diversions
Mauritius's port facilities are experiencing a significant uptick in ship refuelling activities, a development directly attributed to ongoing war-related diversions impacting global maritime shipping routes, as reported by Moneyweb.
22h ago African Island Nation Sees Increased Vessel Traffic Amid Middle East Tensions
Shipping vessels are reportedly rerouting their maritime paths to an unspecified small island nation in Africa, seeking to circumvent potential risks and damages associated with ongoing geopolitical tensions and conflict in the vicinity of Iran, indicating a shift in global shipping patterns as operators prioritize safety.
Jul 27 Namibian Economy Projected for 2.6% Growth in 2026
The Namibian economy is projected to achieve a growth rate of 2.6% in 2026, according to a report by Informanté, offering a specific mid-term outlook that suggests a moderate expansion in the nation's economic activity.
Namibia Navigates Economic Headwinds of Volatility, Inflation, and Rising Borrowing Costs
Namibia's economy is currently contending with a challenging environment marked by significant market volatility, persistent surging inflation, and increasingly higher borrowing costs, according to recent economic commentaries, presenting a complex landscape for businesses, consumers, and policymakers as they seek stability and sustainable growth amidst global economic shifts.
Jul 27 Resurgent Consumer Prices Signal Persistent Inflationary Challenges for Namibia
Namibian consumer prices have reportedly begun to rise again, indicating a challenging path ahead for managing inflation within the economy and suggesting that households and businesses may continue to face cost increases amidst broader economic pressures.
Jul 27 Namibia's Inflation Rate Projected to Average 3.6% to 3.8% in 2026
The Namibian economy is expected to experience an average inflation rate between 3.6% and 3.8% in 2026, according to forecasts.
Jul 27 Namibia and Singapore Strengthen Port Cooperation to Drive AfCFTA Potential
Namibia and Singapore are collaborating on port cooperation to boost Africa's Continental Free Trade Area (AfCFTA) potential through improved road networks, as stated by the Economic Commission for Africa (ECA) and confirmed by government sources.
Jul 27 Namibia's Energy Plan Estimated to Cost N$33 Billion
Namibia's latest energy plan has been estimated to cost N$33 billion, with the government considering a range of funding options to support the project.