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Thursday, 22 October 2026
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Namibian press · Organization

International Monetary Fund

Also known as: IMF

International Monetary Fund — organization that forecasts economic growth, assesses fiscal policy, and provides structural reform recommendations for Namibia and sub-Saharan Africa.

2018-04-062026-10-22

News reports

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What’s been said

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  1. February 2026
  2. Informanté

    International Monetary Fund projects global growth to remain at 3.3 percent in 2026 before easing to 3.2 percent in 2027

    Source

    “According to the Bank of Namibia's Monetary Policy Committee (MPC), while global growth is holding steady, the International Monetary Fund (IMF) projects global growth to remain at 3.3 percent in 2026 before easing slightly to 3.2 percent in 2027.”

    Sectoral shifts and data trends shape Namibia’s economic outlook
  3. January 2026
  4. New Era

    International Monetary Fund upgraded its 2026 global growth forecast on Monday

    Source

    “The IMF on Monday upgraded its 2026 global growth forecast, citing a boost from tech investments but warning that a re-evaluation of AI productivity gains or renewed trade tensions could bring disruptions.”

    Gold hits peak, stocks sink on new Trump tariff threat
  5. August 2025
  6. The Namibian

    International Monetary Fund has repeatedly recommended reforms to Namibia's public investment management

    Source

    “The International Monetary Fund 2025 Article IV Consultation has repeatedly recommended reforms to Namibia's public investment management.”

    Resources We Have, Execution We Lack
  7. July 2024
  8. The Namibian

    International Monetary Fund (IMF) encouraged Namibia to make its oil agreements public

    Source

    “His views come a few weeks after the International Monetary Fund (IMF) encouraged Namibia to make its oil agreements public.”

    Namcor pushes for transparency in oil sector
  9. June 2024
  10. The Namibian

    International Monetary Fund said fiscal policy has major role in broadening gains from generative AI

    Source

    “Fiscal policy has a "major role to play" in broadening the financial gains from generative AI technology and preventing a spike in wealth inequality, the IMF said Monday.”

    Strong fiscal policies needed to mitigate AI generated job losses, says IMF
  11. The Namibian

    International Monetary Fund wrote generative AI threatens to amplify job losses among white collar professions

    Source

    “Left unchecked, generative artificial intelligence (AI) threatens to amplify job losses among white collar professions, International Monetary Fund staff wrote in a new paper.”

    Strong fiscal policies needed to mitigate AI generated job losses, says IMF
  12. October 2023
  13. The Namibian

    International Monetary Fund initiated the Heavily Indebted Poor Countries initiative in 1996

    Source

    “In 1996 the World Bank and the International Monetary Fund initiated the Heavily Indebted Poor Countries (HIPC) initiative.”

    To Be or Not To Be an Upper Middle Income Country? That is the Question!

Yesterday

  1. Namibia's economy projected to grow faster than South Africa's

    The International Monetary Fund forecasts Namibia's economy to grow at 2% in 2026 and 2.7% in 2027, outpacing South Africa's projected 1% growth in 2026, though both will remain below the sub-Saharan African average of 4.5%. However, economist Abraham Eita warns that such GDP growth may not translate into jobs and improved living conditions for ordinary Namibians.

    23 hours ago · The Namibian →

Tuesday 20 October

  1. Sub-Saharan Africa growth steady at 4.5% amid inflation concerns

    The IMF projects Sub-Saharan Africa's economy will grow 4.5% in both 2026 and 2027, supported by commodity receipts and global supply-chain adjustments, but rising inflation, costly borrowing, and declining foreign aid pose risks to the region's outlook.

    20 October 2026 · Windhoek Observer →

Monday 19 October

  1. Namibia's fuel price pass-through moderate versus African peers

    According to an IMF comparison, Namibia has recorded 64% pass-through of international petrol price increases and 79% for diesel to domestic retail prices—below regional peers like South Africa, Lesotho, and Zimbabwe, but above Ghana, Kenya, and Nigeria. Namibia's pass-through rates were 36 percentage points below the 100% benchmark for petrol and 21 points below for diesel over the period from 23 February to 14 September 2026.

    19 October 2026 · Windhoek Observer →

Saturday 17 October

  1. Housing affordability crisis locks young Namibians out

    Namibia faces a housing paradox: hundreds of thousands of homes are needed, but formal market prices have soared beyond the reach of ordinary workers. The Bank of Namibia reports the weighted average house price at approximately N$1.44 million in the first quarter of 2026, while about 75% of workers earn less than N$5,000 a month.

    17 October 2026 · Windhoek Observer →

Friday 16 October

  1. IMF projects Namibia's GDP growth to reach 2.7% by 2027

    The International Monetary Fund forecasts Namibia's real GDP growth will increase from 1.7% in 2025 to 2.0% in 2026 and 2.7% in 2027, showing gradual improvement but remaining below the sub-Saharan African regional average of 4.5% annually.

    16 October 2026 · Windhoek Observer →

Saturday 10 October

  1. Namibia must address brain drain to meet development goals

    Namibia faces persistent unemployment, inequality, and skills mismatches that constrain economic diversification and private-sector development, according to IMF assessments. The article argues the country needs a serious strategy to attract skilled Namibians living abroad and retain those already at home.

    10 October 2026 · Windhoek Observer →

Wednesday 7 October

  1. Namibia's tax revenue high relative to economy, driven by Sacu

    Namibia's tax revenue as a percentage of GDP was 35.25% in 2024, comparable to developed economies like Iceland and New Zealand, but an economist notes this figure is significantly boosted by the country's share of Southern African Customs Union revenue, which has made up roughly a third of total revenue in recent years.

    7 October 2026 · The Namibian →

Wednesday 23 September

  1. IMF chief urges rich nations to cut debt amid rising costs

    The head of the International Monetary Fund has warned that advanced economies including the UK and US must reduce borrowing and debt levels as global shocks push up government interest costs. Georgieva said governments have taken "no action to contain that service cost" and that political courage is needed to address the problem.

    23 September 2026 · The Namibian →

Thursday 27 August

  1. Namibia's mineral wealth and persistent poverty reflect colonial extraction patterns

    A commentary argues that Namibia's "rich country, poor people" paradox—where extractive industries contribute 13.6 per cent of GDP and employ only 1.4 per cent of the workforce—must be understood as a continuation of colonial extraction rather than national failure, and that economic freedom requires confronting this structural contradiction.

    27 August 2026 · Windhoek Observer →

Tuesday 25 August

  1. Extractive sectors must deliver shared prosperity, editorial urges

    An editorial reflects on Heroes Day and Namibia's economic prospects from oil, critical minerals, and green hydrogen, with the IMF projecting nominal GDP could reach N$400.8 billion by 2031, but warns that benefits risk remaining concentrated unless local content principles ensure broad-based prosperity.

    25 August 2026 · The Namibian →

Sunday 23 August

  1. IMF warns Namibia on debt and fiscal adjustment post-pandemic

    The IMF advised Namibia in August to tighten fiscal policy, cut the public wage bill, and pursue structural reforms to address rising public debt and borrowing costs. The article notes that Namibia had repaid its pandemic-era IMF loan in April and retired a major Eurobond in October, with 88% of its debt now domestic.

    23 August 2026 · The Namibian →

Tuesday 11 August

  1. IMF: Namibia's slow growth insufficient to tackle unemployment

    The International Monetary Fund says Namibia's 1.7% economic growth in 2025 is too weak to meaningfully reduce unemployment, inequality and poverty, with growth expected to reach only 2.1% in 2026. The IMF attributes subdued performance to a narrow production base concentrated in public and extractive sectors, weak diamond production, declining gold output, and elevated fuel prices.

    11 August 2026 · The Namibian →

  2. IPC warns against salary cuts to address public debt

    The Independent Patriots for Change says Namibia's fiscal crisis is a governance problem, not a wage-bill problem, and public servants should not bear the cost of years of poor fiscal management. The IMF has warned that public debt could rise to about 71% of GDP over the medium term and called for reforms to moderate personnel expenditure.

    11 August 2026 · The Namibian →

Saturday 8 August

  1. IMF warns Namibia on rising debt, urges wage bill cuts

    The International Monetary Fund has raised concerns over Namibia's growing public debt in its 2026 Article IV consultation report and recommended that the government cut the wage bill, cautioning that rising debt levels and increased government financing needs could push up borrowing costs, weaken investment, and put pressure on the country's financial system.

    8 August 2026 · The Namibian →

Thursday 6 August

  1. US-Iran conflict drives fuel and food costs in Namibia

    According to The Namibian, escalating conflict between the US and Iran has sent global energy prices soaring and disrupted maritime chokepoints critical to petroleum supply in southern Africa, causing measurable increases in fuel, food, and transport costs that are eroding household incomes across Namibia.

    6 August 2026 · The Namibian →

Friday 31 July

  1. Government establishes task force to review SOE governance and pay

    Prime Minister Elijah Ngurare announced an 11-member task force to review governance and remuneration in Namibia's state-owned enterprises, mandated to report to Cabinet within three months with recommendations on consistency, accountability and efficiency across the sector.

    31 July 2026 · Windhoek Observer →

Tuesday 14 July

  1. Alweendo calls for implementation plan for China mining deals

    Former mines and energy minister Tom Alweendo has called on the government to publish a clear implementation plan for Namibia's nine cooperation agreements with China signed during a presidential state visit in July, saying the country must move from diplomatic agreements to concrete industrial planning with measurable economic benefits and identify priority minerals, processing stages, infrastructure gaps, and annual targets for investment and exports.

    14 July 2026 · The Namibian →

Tuesday 7 July

  1. Economic systems promise deferred reward, gatekeepers unchanged

    An opinion piece argues that across religion, economics, and politics, Namibians are promised future rewards—heaven, development, prosperity—while present hardship continues. The piece draws a parallel between Christian teaching on earthly poverty and future salvation, and how structural adjustment programs imposed on Africa by the IMF and World Bank produced different outcomes than for Europe, leaving sub-Saharan states trapped in debt and stagnant growth.

    7 July 2026 · The Namibian →

Thursday 25 June

  1. Government cash balance hits zero, uses N$1.8b overdraft

    The government's available cash balance dropped to zero at the end of May, forcing it to rely on a N$1.8 billion overdraft facility from the Bank of Namibia to cover financial needs. An economist says the overdraft reflects temporary cash flow timing issues, not insolvency.

    25 June 2026 · The Namibian →

Saturday 20 June

  1. IPC urges public access to beneficial ownership data post-greylist exit

    The Independent Patriots for Change says Namibia must make beneficial ownership information public following the country's removal from the Financial Action Task Force's greylist. Shadow minister Rodney Cloete states that while Namibia corrected gaps in beneficial ownership transparency to exit the greylist, the register remains effectively closed to journalists and the public through the Business and Intellectual Property Authority.

    20 June 2026 · The Namibian →

Tuesday 2 June

  1. Namibia's 2025 GDP growth fell short at 1.7%

    Namibia closed 2025 with GDP growth of 1.7%, below government and IMF forecasts, weighed down by depressed diamond revenues and livestock sector recovery from drought; uranium and gold mining, wholesale trade, transport, and services supported growth. The Bank of Namibia has revised its 2026 forecast down to 2.6%, citing elevated fuel costs and softer global demand, while inflation rebounded to 3.1% in April after reaching a cycle low of 2.1% in March, driven by rising transport, utility, and food prices.

    2 June 2026 · Informanté →

Monday 11 May

  1. Former Botswana president Festus Mogae dies at eighty-six

    Former Botswana president Festus Gontebanye Mogae, aged 86, died in Gaborone over the weekend. Namibian President Netumbo Nandi-Ndaitwah and current Botswana President Duma Gideon Boko paid tribute to Mogae as a distinguished statesman and principled leader whose presidency strengthened regional cooperation through SADC.

    11 May 2026 · New Era →

Saturday 2 May

  1. Namibia completes repayment of N$3.9 billion IMF emergency loan

    Namibia has fully repaid its N$3.9-billion emergency loan from the International Monetary Fund, with the final payment made on 15 April, closing the Rapid Financing Instrument facility approved in April 2021. The loan was used during the Covid-19 pandemic to stabilise the economy, support vaccine procurement and rollout, and address fiscal pressures from declining export revenues and external account strain.

    2 May 2026 · The Namibian →

Sunday 26 April

  1. Namibia faces choice between Singapore or SA development model

    Namibia's upcoming offshore oil, gas, and mineral wealth presents an opportunity or trap depending on management. An opinion piece contrasts Singapore's model of meritocracy and clean governance with South Africa's race-based empowerment and state patronage, positioning them as competing templates for Namibia's development path.

    26 April 2026 · The Namibian →

Tuesday 7 April

  1. Namibian MP Mootu joins IMF 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 →

Sunday 5 April

  1. Senegal restricts minister travel as oil prices surge

    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 →

Wednesday 1 April

  1. Namibia's 2025 economy grew 1.7%, recovery building in 2026

    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 →

  2. Marxist analysis: Namibian independence did not achieve economic emancipation

    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 →

Saturday 28 March

  1. IMF: Namibia's economy stable, but growth remains weak

    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 →

Wednesday 11 March

  1. PDM MP warns of mounting debt-servicing strain on fiscal space

    PDM parliamentarian Inna Hengari has expressed concern about the accelerating debt-servicing burden, describing it as an "interest cost trap." She noted that interest payments are forecast to reach N$16.2 billion in 2026/27 (17.7% of revenue), while public debt stands at 65.2% of GDP, with 27% held in short-term treasury bills, leaving little capacity for infrastructure, social spending, or private-sector stimulus.

    11 March 2026 · The Namibian →

International Monetary Fund — Namibian press coverage · Namibia Minute