Recent Study: Namibia Business Forecast Report Q1 2015
Recently published research from Business Monitor International, "Namibia Business Forecast Report Q1 2015", is now available at Fast Market Research
[USPRwire, Tue Dec 23 2014] Core Views:
* Strong domestic demand and accelerating investment in the mining sector will see economic growth in Namibia average a respectable 4.5% annually over the next five years. Over the near term, export performance will continue to be weighed down by weak global demand and soft commodity prices.
* We expect the ruling SWAPO to secure a comfortable victory in November's general elections, with the party likely to maintain its broadly pro-business economic agenda in the years ahead. A weak and under-funded opposition will preclude anything other than a minor swing away from the ruling party.
* Our broad outlook for Namibia's current account over the next few years remains relatively unchanged. We maintain that the country will sustain a sizeable current account shortfall over our 2014-2018 forecast period as demand for imports associated with new mining projects more than offsets a sluggish recovery in demand for key mineral exports.
* Namibia's small, open economy is highly exposed to events on the world stage. While we have incorporated the ongoing global malaise into our economic forecasts, if the situation abroad deteriorates (or, conversely, improves) more than we anticipate, we would have to adjust our forecasts accordingly.
* Much of the economy remains closely tied to agriculture, and weather poses substantial risks, as illustrated by the ongoing drought which has threatened yields and food security. Changing weather conditions pose both upside and downside risks to a number of our forecasts, including for growth, inflation, and trade.
Forecast Table:
The Namibia Business Forecast Report helps businesses with market assessment, strategic planning and decision making to promote growth and profitability in The Namibia and is an essential tool for CEOs, Chairmen, Finance Directors/CFOs, Managing Directors, Marketing/Sales Directors with commercial interests in this emerging market..
An influential new analysis of The Namibia's economic, political and financial prospects through end-2017, just published by award-winning forecasters, Business Monitor International (BMI).
Key Uses
* Forecast the pace and stability of The Namibia's economic and industry growth through end-2017.
* Identify and evaluate adverse political and economic trends, to facilitate risk mitigation.
* Assess the critical shortcomings of the business environment that pose hidden barriers and costs to corporate profitability.
* Contextualise The Namibia's country risks against regional peers using BMI's country comparative Risk Ratings system.
* Evaluate external threats to doing business inThe Namibia, including currency volatility, the commodity price boom and protectionist policies.
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