Questions raised over Steytler’s NSA role

The appointment of President Hage Geingob’s economic adviser, Dr John Steytler, as the new Chairperson of the Namibia Statistics Agency (NSA), has come under scrutiny from an analyst, who says the appointment reeks of conflict of interest.

Namibia enters recession

The Namibian economy has entered into a full recession after the Namibia Statistics Agency (NSA) announced on Thursday that the economy had contracted by 2,7 percent in the first quarter of 2017 compared to a 4,1 percent growth recorded in the corresponding quarter of 2016.

NSA stats trashed

Statistics produced by the Namibia Statistics Agency (NSA) have come under scrutiny for the second time in less than a year, with the Chamber of Mines joining the chorus of voices of dissent.

Namibia in recession – analysts

Local economists say that Namibia has been in recession since the third quarter of last year, as confirmed by the release of the 2016 preliminary national accounts this week, which show that the domestic economy recorded a marginal growth of 0,2 percent last year, compared to 6,1 percent in 2015. The statistics released by the Namibia Statistics Agency (NSA), showed that the drop in growth was led by a 10,4 percent contraction in secondary industries and a -2,4 percent growth in primary industries, which implied that the recession intensified over the last quarter of 2016.

WINDHOEK OBSERVER

The Windhoek Observer is an English-language weekly newspaper, published in Namibia by Paragon Investment Holding. It is the country's oldest and largest circulating weekly.

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