EAN Breakfast Meeting: Towards Energy Self-Sufficiency in Namibia

The Economic Association of Namibia (EAN) would like to invite you to a breakfast meeting on the energy situation in Namibia titled Towards Energy Self-Sufficiency in Namibia to be held on the 3rd of April 2019 at the Fürstenhof Hotel in Windhoek.

Namibia’s energy demand of about 600 MW outstrips its domestic generation capacity of approximately 400 MW. This shortfall is currently being met through power purchase agreements with regional neighbours, most notably ESKOM in South Africa.  ESKOM is however facing supply constraints of its own, which partly have led to load shedding in recent times. This makes Namibia’s ongoing dependency on imports from neighbouring SA rather risky, increasingly costly and unsustainable in the long-term.

In light of this, the Breakfast meeting will discuss ways how Namibia can harness national resources and available technology to fill the current supply shortfall, moving the country towards energy self-sufficiency and possibly turning the country into a net exporter of energy in the future. The breakfast meeting will further explore ways how this process could be a catalyst for economic growth and job creation.

The Hon. Tom Alweendo will make a keynote presentation on Government plans in this respect while two more speakers will speak on ESKOM and on Namibia’s renewable energy sector respectively.




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Launch of Namport Report

The Economic Association of Namibia would like to invite you to the launch of our first report in the EAN State-Owned Enterprises series, focusing on Namport. The EAN SOE series focus on the performance of State-Owned Enterprises and Entities scrutinising how such entities utilise public funds and explore reforms required to eliminate wastage and harness self-sufficiency.

The report which is entitled “Namport within the Context of a Logistics Hub” and is written by Rainer Ritter, provides an analysis of the operations of Namport, critically commenting on the huge investments that have gone into the Walvis Bay harbour and national roads network aimed at transforming Namibia into a logistics hub in the SADC region.

The report will be launched on Tuesday, 26 March 2019 at the House of Democracy on 70-72 Frans Indongo Str at 10 am.

Reserve your attendance below!

Presentation and Report as below

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As part of our drive to stimulate public debate and make constructive policy input, the Economic Association of Namibia hosted a public lecture on Namibia’s economic performance under the theme Namibia’s Economic Outlook: The Storm continues?”. The lecture was organised in partnership with the Faculty of Economics and Management of the University of Namibia and the Hanns Seidel Foundation and will be held at UNAM on 11 October 2018.


Mr. Ipumbu Shiimi, Governor of the Bank of Namibia was our guest speaker while Mr. Eric Van Zyl, Head of Research at IJG Securities and vice-chairperson of the EAN was the discussant to the governor’s talk.  The lecture  provided a platform for an in-depth analysis of the performance of the Namibian economy in the first two quarters of 2018 and an outlook on prospects for the remainder of 2018 and beyond.

Please download the main presentation below.

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EAN Business Breakfast

Helmo Preuss will examine why Ramaphoria’s deeds have not matched his words in the first half of the year and what the prospects are for the SA economy in the second  half of 2018 and 2019.

Helmo Preuss writes on economics for publications such as Alliance News, Business Day, Business Report, Grocott’s Mail and The BRICS Post. Prior to that he was the chief economist at Oasis Asset Management and the economics analyst at Statistics South Africa.

Download the presentations here:

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Launch of EAN Online Document Repository

Date: 05 February 2018
Time: 09:30 – 12:00
Venue: Hanns Seidel Foundation Seminar Room, House of Democracy, 70 – 72 Dr. Frans Indongo Street)

The Economic Association of Namibia has started to build a data and publication portal as a long-term project, in order to consolidate and index articles, papers, research reports and data on the Namibian economy. This online document repository aims to consolidate all these reports into a single online location, featuring comprehensive search functions for easy discovery and dissemination. This repository will include publications that are already available online at other institutions as well as publications that were never or are no longer available online. Everyone with interest in Namibia’s socio-economic development will have easy access to this broad range of publications. So far, close to 1,000 documents have been uploaded and are accessible. The documents are grouped into 19 categories such as Acts, Macroeconomics, Microeconomics etc.

The online document repository is work in progress and additional documents are uploaded continuously. EAN would like to invite all institutions and individuals to submit reports, articles and statistics in their possession for inclusion in the directory.

The online document repository would not have been possible without the generous financial and technical support provided by the Government of the Federal Republic of Germany through the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ).

Registration is now officially open

Click here for a full background on the Online Repository

Click here for details on the Program of the Online Repository

South African Economic Prospects

Date                                       15 September 2017

Time                                      07h30 to 09h30

Venue                                    Protea Hotel Marriott Fürstenhof

The Namibian economy is closely linked to the South African economy. It is the most important export destination and source of imports. The performance of the South African economy also has a strong impact on the Southern African Custom Union Common Revenue Pool. Namibia receives about 35% of total Government income from SACU transfers. Hence the performance of the South African economy impacts on the Namibian economy the presentation by Mr. Helmo Preuss will provide detailed insight into the trends of some of the relevant indicators.

He will explain why he is forecasting a 1.8% GDP growth rate this year for South Africa when the Beeld consensus only expects a 0.6% increase. His out of consensus forecast is based on the more than doubling in the maize harvest, the 4.5% y/y increase in mining production in the first seven months and the 20.6% y/y increase in exports in US dollar terms over the same period as well as the 3.6% y/y gain in employment in the second quarter.

About the speaker:

Helmo Preuss graduated with a B. Sc. in Computer Science and Mathematical Statistics from the University of Cape Town, and a. B. A. in Economics and Economic History from the University of Cape Town. While he was doing his National Service, he studied for a B. Com. in Business Economics and Operations Research from the University of South Africa. He then completed a B.Sc. Hons in Statistics and Operations from the North-West University and a M. Phil in Marketing Research from the University of Pretoria. He worked as an industrial engineer at steel maker Iscor completing feasibility studies. He was chief economist at mining house Gencor for a decade before moving into journalism with real time financial new service I-Net Bridge. At Statistics South Africa he was the economic analyst responsible for final checks on all economic data series. He is a freelance journalist for among others The BRICS Post and involved in Amore Hydro as project leader for small hydro development. He works also as an economist at Forecaster Ecosa, a consultancy he founded in October 1994

Helmo was called the most optimistic economist – a science normally referred to as “dismal” – by former South African Reserve Bank governor Tito Mboweni, because he kept on forecasting that South African economic growth would be above 5% in the years 2004 to 2007 when the Reuters consensus forecast was consistently below 5% despite evidence to the contrary.

This willingness to be outside the consensus – but grounded on data – meant he was the only forecaster in January 2002 to forecast a rand below R10 per US dollar in January 2003. In the same way, he expected a win by Donald Trump, and tweeted that on 6 November 2016 – when the consensus forecast was that Hilary Clinton would easily win. He is not always right as sometimes even his optimism is overtaken by events. In January 2017, he was the most optimistic forecaster of the rand, but the actual performance has exceeded even his forecasts.

Background information

Programme – Business Breakfast meeting

You can access the presentation here: Helmo Preuss presentation-6 slides