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08:52Last update on: 13 Aug 2013
The Namibian
Tue 13 Aug 2013
SMS Of The Day * THIS nation is in dire need of a massive conference on housing. When we experienced a crisis in the education sector a crisis-control brain-storming conference was organised which resulted in the best deal ever for the Namibian child, nam Food For Thought * BOURGEOISIE has become a daily occupation if not the order of the day of the upper-echelons, President Hifikepunye Pohamba we urge you to revisit this unpatriotic geocentricism among your staff and the well-connected, for everybody to r Bouquets And Brickbats * COMMISSIONER of Prisons, can you please explain the strategies you use to appoint officers to certain positions? It is my observation that you are being fed with wrong information then you just promote individuals without making p SMS Of The Day * I THINK Paulus ‘The Rock’ Ambunda lost his belt because of this promoter and trainer. How can a world champion still be training at the Katutura Youth Complex where there is not enough equipment. I think they must follow the example of Ha Food For Thought * NAMIBIA Dairies are unable to match low prices of imported milk and this ultimately means the consumer will have to pay more for local milk. Look at the prices of the local chicken. All these profits are going in the pockets of a few in Bouquets And Brickbats * I AM pleased to hear that Cabinet has responded positively to the proposal of Namibia Dairies to support the industry. The restrictions which support the industry by reducing competition to ensure the survival of the industry is a SMS Of The Day * CEO’s golden handshakes. Somewhere on our statute books there must be a provision that if a board of directors suspends/dismisses a CEO without due regard to legal provision (substantive/procedural law) such board must carry the costs for Food For Thought * JACKY Asheeke was so right with her last column- why are the fathers of the dead children not being prosecuted? (Reference to the children who died in shack fires last week) Our justice system still protects men over women. In this cont Bouquets And Brickbats * ALEXACTUS Kaure, your column in Friday’s newspaper opened my eyes. One hardly finds impartial case study analysers in Namibia. Let’s not destroy the Polytechnic’s strong foundation (Tjivikua) as yet. At least wait until the transf SMS Of The Day * WHY doesn’t NBC listen when they are criticised? The little red chairs on Good Morning Namibia have done their part and are dirty especially at the arm rests. Please listen for once. You interview professionals and internationals on those Food For Thought * MINISTRY of Education, in order to address the shortages of teachers at primary schools why don’t you consider employing us who hold a diploma in lifelong learning and community education for teaching posts? We also did health education Bouquets And Brickbats * MY fellow Namibians, I am not a Swapo member but a third term for President Hifikepuye Pohamba will be a step closer towards attainment of Vision 2030. Believe me His Excellency has made crucial bold decisions, and I don’t regret
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BUSINESS - GENERAL
| 2013-08-02
Inflation rates in SACU member states below 10%
WINDHOEK – Namibia and Botswana topped the list of Southern African Customs’ Union (SACU) member states when it came to high inflation rates in May this year.
The inflation rates in both countries stood at 6,1% at the time. According to the Institute for Public Policy Research (IPPR) researcher Klaus Schade, the spread between the lowest and the highest inflation rates narrowed in SACU member states from 2,4 percentage points in January 2013 to 1,5 percentage points in May this year.
Schade said this in the capital on Wednesday while speaking during a presentation on the state of Namibia’s economy.
In particular, he noted, Swaziland managed to contain inflation and brought it down from around nine per cent in 2012 to 5,5% in May this year.
“This is the second-lowest inflation rate in SACU, only undercut by Lesotho with 4,6%,” he stated.
Since the inflation rate has remained within the band of three to six per cent in South Africa and in order to support investment and economic growth further, the South African Reserve Bank (SARB) left the repo rate unchanged at five percent there.
The SACU member states are Namibia, Botswana, Lesotho, Swaziland and South Africa.
– Nampa
The inflation rates in both countries stood at 6,1% at the time. According to the Institute for Public Policy Research (IPPR) researcher Klaus Schade, the spread between the lowest and the highest inflation rates narrowed in SACU member states from 2,4 percentage points in January 2013 to 1,5 percentage points in May this year.
Schade said this in the capital on Wednesday while speaking during a presentation on the state of Namibia’s economy.
In particular, he noted, Swaziland managed to contain inflation and brought it down from around nine per cent in 2012 to 5,5% in May this year.
“This is the second-lowest inflation rate in SACU, only undercut by Lesotho with 4,6%,” he stated.
Since the inflation rate has remained within the band of three to six per cent in South Africa and in order to support investment and economic growth further, the South African Reserve Bank (SARB) left the repo rate unchanged at five percent there.
The SACU member states are Namibia, Botswana, Lesotho, Swaziland and South Africa.
– Nampa
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(August 13)
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