The conventional view among economists is that higher interest rates lead to lower inflation. To substantiate my argument, since 2022, the Bank of Namibia increased the repo rate, which never curbs inflation.
Year: 2023
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Opinion – Raising interest rates may harm economy
The 25 basis points increase in the repo rate from 7.0% to 7.25% announced on 19 April 2023 by the Bank of Namibia will not address the root causes behind the current inflationary pressure. If anything at all, it will only harm the economy.
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Letter – Open letter to the minister of poverty eradication
Minister of Gender Equality, Poverty Eradication and Child Welfare, honourable Doreen Sioka informed the Namibian public on NBC –TV about her awareness that recipients of grants at Nampost are increasingly victimised and robbed in daylight by greedy criminal relatives, ‘friends’ and foreigners of a part or all of their grant.
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Letter – Start-ups, MSMEs need nurturing
Starting a business is not easy, but what makes it more difficult is the fact that one has to start a business in an environment where you have to comply with all policies that are applied to all existing businesses in your category.
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Editorial – Namibian workers need relief
The Bank of Namibia’s Monetary Policy Committee this week again increased the repo rate, this time by 25 basis points.
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Know your civil servant – Timely payments a sign of good governance
Tunomukumo Taanyanda is an assistant accountant at the Finance and Administration Department under the Office of the Auditor General.
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Unam urges Kavango leadership to team up in agriculture
University of Namibia vice chancellor Kenneth Matengu has urged the regional leadership of the two Kavango regions to collaborate with the university to pursue agricultural projects.
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Otjomuru CS renamed Dr Libertina I. Vihajo-Appolus
The Otjomuru Combined School has been renamed the Doctor Libertina Inaviposa Vihajo-Appolus combined school in honour of liberation stalwart and former Prime Minister Libertina Amathila.
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Khwe community laments social exclusion
Although the government has structures in place to raise awareness, provide education and give a voice to vulnerable communities, the San-speaking community living in the Bwabwata National Park feels forgotten on many social, educational, and economic benefits.