Namibia’s growth struggles to bridge population gap The 2023 census initially estimated Namibia’s population at 3.02 million, but the post-enumeration survey revised this up to 3.10 million. This implies an average annual population growth rate of 3.3% since 2011, compared…

Oil Market Developments and Namibia’s Fuel Prices GLOBAL oil prices have again experienced a highly volatile few days. On 7 April, Brent crude in Namibia dollar terms closed 60% above its pre-conflict level. The following day, a US-Iran ceasefire announcement…

Namibia has a strong pattern of internal migration (movement between regions within the country), with the 2023 census showing that 32% of Namibians currently live in a region they were not born in. This compares to only 14% of South…

Namibia inflation lowest since 2020, but oil risks looming Namibia recorded an annual inflation rate of 2.4% in February – its lowest since December 2020. This was primarily driven by low food inflation, which continues to cool considerably and has…

The 2020s HAVE felt expensive. Even when headline inflation has cooled, the cost-of-living pressure has not eased in the way people expected. In 2024, Namibian confidence in price stability fell to an all-time low of 14%. Namibia’s inflation outcomes over…

The 2020s have felt expensive. Even when headline inflation has cooled, the cost-of-living pressures have not eased in the way people expected. In 2024, Namibian confidence in price stability fell to an all-time low, with only 14% of respondents believing…