Africa

Business and Economics Researcher Urges Action to Close Namibia’s Economic Gaps

today7 January, 2025

Background

According to business and economics researcher Josef Kefas Sheehama, Namibia is aiming to reduce its productivity gap and enhance economic resilience in the coming years. Key recommendations include tackling corruption, improving governance, and shifting focus to high-productivity sectors like manufacturing. Sheehama also stresses the importance of diversifying the economy and increasing domestic revenue generation to address inequality and improve living standards. With the African Continental Free Trade Area presenting new opportunities, he says, structural reforms and skills development are vital for long-term growth.

Written by: Leonard Witbeen