Also known as: IMF
International Monetary Fund — multilateral organization that provides economic assessments and hosts policy initiatives; recently assessed Namibia's economic stability and launched a Young Parliamentarians Initiative.
Member of Parliament Utaara Mootu will participate in the inaugural cohort of the International Monetary Fund Young Parliamentarians Initiative, which aims to strengthen engagement with younger legislators and understand their economic priorities. The discussions will be held from 12 to 15 April 2026 in Washington, D.C.
7 April 2026 · New Era →
Member of Parliament Utaara Mootu will participate in the inaugural cohort of the International Monetary Fund Young Parliamentarians Initiative, which aims to strengthen engagement with younger legislators and understand their economic priorities. The discussions will be held from 12 to 15 April 2026 in Washington, D.C.
7 April 2026 · New Era →
Senegal's prime minister has banned government ministers from non-essential foreign travel due to rising oil prices stemming from the Iran conflict, with the cost of a barrel approaching double the budgeted amount. The move reflects a broader continental response to oil price rises, with other African countries reducing fuel levies, rationing electricity, and implementing other cost-cutting measures.
5 April 2026 · The Namibian →
Namibia's economy expanded by just 1.7 percent in 2025, weaker than government projections, as diamond demand slumped and livestock recovered from drought; however, 2026 is showing signs of improvement with better agricultural rains, strong uranium exports, and new offshore oil investment, though rising energy prices from Middle East conflict threaten inflation gains.
1 April 2026 · Informanté →
A left-wing critique argues that while independence brought political sovereignty and constitutional achievements, economic structures of racial capitalism were not dismantled but "redecorated," and inequality persists because the state remains integrated into global capitalism and neoliberal logic. The article contends that class replaced race as the mechanism of exclusion, and that emancipation requires structural transformation of the economic base, not merely social spending or policy reform.
1 April 2026 · The Namibian →
The International Monetary Fund told Namibia's Ministry of Finance that the country is not in financial crisis, despite weak diamond sector sales affecting economic growth. Real GDP growth slowed to 1.7% in 2025 and is expected to remain subdued, the IMF delegation leader said, urging reforms to support diversification and job creation.
28 March 2026 · The Namibian →
While Namibia's debt-to-GDP ratio is expected to dip slightly from 67.3% to 66.1%, economists warn the improvement may be temporary as slower-than-projected economic growth could push the ratio above 70%. Rising interest payments—forecast to reach N$16.2 billion in 2026/27—are increasingly straining public finances and limiting resources for development and social programmes.
11 March 2026 · New Era →
While the International Monetary Fund forecasts Africa's 2026 economic growth will outpace Asia's for the first time in modern history, economists warn that this recovery has yet to translate into improved living conditions for ordinary people in major economies like South Africa and Nigeria. In both countries, high costs for food, energy, and transport persist despite macroeconomic gains, and households remain poorer than a decade ago.
6 March 2026 · The Namibian →
Finance Minister Ericah Shafudah presented the 2026/27 national budget under the theme 'People, Productivity and Prudence' amid a sluggish global economy, with Namibia's growth revised down to 2.9% for 2025 and projected at 3.1% for 2026. The budget faces revenue constraints from weak diamond receipts and lower customs union revenues, while expenditure exceeds revenue, with development spending declining notably as externally funded projects dry up.
3 March 2026 · The Namibian →
Namibia's economic outlook remains nuanced, with gold and uranium exports driving improvements in the trade deficit and international reserves, while agriculture, fishing, mining, and manufacturing contracted in early 2025. Inflation has eased to 2.9 percent as of January 2026, down from 3.5 percent in 2025, though the diamond sector remains pressured by global inventories and lab-grown competition.
23 February 2026 · Informanté →
The Bank of Namibia's Monetary Policy Committee voted unanimously to maintain the repo rate at 6.50%, prioritising monetary stability and protecting the Namibia Dollar's peg to the South African Rand amid a slowing domestic economy, though inflation remains contained and the external trade position has strengthened.
19 February 2026 · New Era →