Namibia's unemployment rate increased from 33.4% in 2018 to 36.9% in 2023. However, the NSA's definition has changed, now excluding discouraged workers. According to the standard definition, unemployment stands at 54.8% - the highest in the world.

We are pleased to announce the merger of Survey Warehouse and Cirrus. For trusted research and data-driven insights, speak to Cirrus Survey Warehouse.

Gepakte Coetzenburg is dam lekker! 🏉

The only thing necessary for the triumph of evil is for good men to do nothing. Minister Shiimi did a remarkable job of restoring balance in Namibia’s fiscus. A lot of investor sentiment/confidence rested on his shoulders. It’s a shame to not see him continuing as Minister of

Over the last two years, demand has been robust for long duration Nam bonds due to much improved fiscal and macroeconomic conditions. This year appetite for duration has weakened - notions of increased spending and policy uncertainty. The bond market is asking for prudence.

Congratulations @Satrix_SA S&P Namibia Bond #ETF #STXNAM winner in the #SALTA2025 Total Investment Returns - 3 Years - Foreign Non-Equity (Bonds & Listed Property) ETPs category S&P Dow Jones Indices Profile Group JSE LSEG

This ETF is a 2019 Cirrus and ABSA initiative, that made it possible for foreign investors to buy Namibian debt (and thus help fund the budget deficit) in non-paper settled form, on a major exchange. Very proud of this outcome! Well done all!

2nd/5th gear conversion in my Land Cruiser

A 2-day Precision Rifle Series match in this terrain would be epic 🎯 💨

The Bank of Namibia MPC unanimously decided to hold the repo rate at 6.75% in light of domestic, regional and global developments - but urges commercial banks to narrow prime lending margins in line with CMA peers.

Namibia's real GDP growth came in at 2.7% in Q1 '25, down from 4.8% in Q1 '24. The slowdown was primarily due to a steep contraction of 20.1% in the agriculture industry, attributed to drought-related reductions in livestock marketing and an outbreak of Lumpy Skin Disease.

EXPLAINER: Tannan Groenewald, Head of Data & Analytics at Cirrus, explains what Namibia’s reclassification from upper-middle to lower-middle income status by the World Bank means. #namibia #economy #GDP

World Bank’s reclassification of Namibia’s income status is more of a revision than a downgrade. The census revealed a 3.0m population in '23 - higher than World Bank and NSA estimates of ~2.6m. However, a poor macro-environment is the underlying reason for this rapid decline.

Uplifting of lives are done way easier through collecting taxes (share in revenues and profits) as opposed to ownership (share in risk).

Since '17, Cirrus advised Paratus on capital raisings totalling N$2.9 billion across equity and debt. We are proud to have supported them through much of their 20-year journey in Namibia. A big congratulations to Paratus, and on the exciting launch of their mobile network.

If only there was a zero cost option like Starlink 🤷‍♂️

Folks who don’t own or run businesses might not understand it, but red tape and bureaucracy is a big problem in Namibia. Your business can literally shut down, bc these processes take forever. That time you’re burning cash and people couldn’t care less. It needs urgent attention.

Cirrus Unlisted Investments has acquired a significant minority stake in Namibian luxury lodge and tour operator Ultimate Safaris, in an equity funding transaction aimed at supporting the company’s expansion and growth within Namibia’s high-end tourism sector. The investment

The most important question for ending poverty is not “what should the government do?” It is “what should the government stop doing?”