IJG Business Climate Monitor February 2019
The IJG Business Climate Monitor continued its trend from the previous month with the leading indicator pointing to better economic times to come while current indicators showed a business climate that was still in trouble
IJG Business Climate Monitor January 2019
The IJG Business Climate Monitor (BCM) started the year with mixed signals – the leading indicator, which is based on the economy’s future prospects, moved above the 50 point line for the first time since September 2016. However, the current rockiness in the economy was reflected in the BCM’s main index which continued it long […]
IJG Business Climate Monitor December 2018
Overall, the picture remains one of decline. The IJG BCM dropped from 48.92 in November to 48.52 in December, indicating that economic conditions are not yet improving. In contrast, the leading indicator recovered from a slight dip in November to increase to 48.44 in December – hinting that a slow recovery is still in the offing.
IJG Business Climate Monitor November 2018
The IJG Business Climate Monitor for November underlined the economic gloom hanging over Namibia and indicated that any recovery is likely to be slow and inconsistent. The main index dropped below the 50 point mark on the back of reductions in the amount of building plans approved and completed as well as the number of […]
IJG Business Climate Monitor October 2018
The IJG Business Climate Monitor continued its decline in October 2018 for the sixth consecutive month. The IJG BCM fell by 1.2 points to 51.21. However, a significant improvement in the leading indicator suggested the business climate may be about to improve.
IJG Business Climate Monitor September 2018
There were some signs of economic recovery reflected in the leading indicator, which is designed to predict the future course of the IJG Business Climate Monitor. However, the Business Climate Monitor (BCM) as a whole dropped by 0.67 points in September – a clear sign that the economy is still contracting. The 31 indicators that […]
Economy Watch Namibia November 2018
The IPPR’s latest economic bulletin bemoans the fact that Namibia continues to drift down global competitiveness and ease of doing business rankings despite the fact that improvements have been factored into national development targets. Namibia’s economic prospects for the next year remain less than rosy – with growth forecasts being downsized. If current predictions hold, […]
IJG Business Climate Monitor June 2018
The IJG Business Climate Monitor improved slightly in June on the back of increased building plans and vehicle sales and a rise in credit extension to the private sector. However, the leading indicator, which predicts future trends, remained below the 50 point mark – meaning contractions in the economy are still expected.
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Business Index Breaches 50 Point Mark
The IJG Business Climate Monitor improved to 50.99 points in February, the Institute of Public Policy Research said this week.
This is the first time since December 2016 that the index has been above the 50-point mark.
The leading indicator also showed improvement, climbing to 46.7 points.
“The improvement in the index indicates that the economy is slowly recovering, and should this persist, signals a return to growth in 2018 after the contraction experienced in 2017,” the institute said.
