Business / Economics Archives - Page 14 of 184

Interview: Confusion and Delays Hit Youth Funding Submissions

Frans Koita, a consultant for DKL Africa Consultations CC, has raised concerns over the rollout of the National Youth Fund, citing confusion and delays affecting many applicants across the country. Koita, speaking from Walvis Bay, explained that submissions were intended to be made only at governor offices, a clarification that came just 24 to 48 hours before the deadline. “The late announcement by the Minister of Finance left many young […]

5 September, 2025

Business / Economics

South Africa Remains Top Partner in Trade

The national trade balance for July showed a deficit of N$58 million, reversing the N$856 million surplus seen a month earlier. Despite this, the figure is far better than the N$2.0 billion shortfall posted in July 2024. According to the Namibia Statistics Agency, South Africa remains the country’s most significant trading partner. Mirjam Shihepo from NSA:

5 September, 2025

Business / Economics

Parliament Probes Uranium One Project.

Parliament’s Natural Resources Committee wants scientific evidence before deciding on the Uranium One project at Leonardville. Chairperson Tobie Aupindi said farming and mining should work together to support livelihoods. The committee also questioned why the project’s water permit was revoked four years ago and never reissued. Uranium One spokesperson Riaan van Rooyen now responds.

5 September, 2025

Business / Economics

Credit Growth Holds Steady at 5.7%

Private sector credit growth stayed unchanged at 5.7% year-on-year in July 2025, the fastest pace since early 2020. Simonis Storm analyst Thazwill Thompson says this stability points to a consolidating credit cycle, with corporate demand easing while household uptake shows modest recovery.

4 September, 2025

Business / Economics

Govt Engages Regions on Continental Trade

The International Relations and Trade ministry, working with the Industries, Mines, and Energy ministry, has launched regional consultations with the business community to advance participation in the African Continental Free Trade Area. The first meetings took place in Lüderitz, Hardap, and Omaheke. Minister Selma Ashipala-Musavyi says the initiative is key to strengthening regional trade integration.

4 September, 2025

Business / Economics

Fuel Prices Adjusted Amid Global Shifts

Global oil prices and currency fluctuations are driving the latest fuel price review, says energy ministry spokesperson Anna Salkeus. The adjustments aim to ease the burden on consumers, while safeguarding the fuel supply chain from potential disruptions. The ministry is working to protect citizens from even steeper increases.

1 September, 2025

Business / Economics

Confusion Blocks Youth Fund Applications

Frans Koita from DLK Africa Consulting says fewer than five percent of young entrepreneurs are applying for the National Youth Fund due to confusing requirements. He calls for clearer guidance and better information sharing to help youth prepare solid business plans. Koita also highlights how business consultants and AI tools can help with financial forecasting and strengthen applications: Eng Frans Koita On Youth Fund

1 September, 2025

Business / Economics

Interview: Youth Empowerment and Business Funding: Insights from Frans Koita of DKL Africa Consultations CC

Frans Koita, founder of DKL Africa Consultations CC, has emerged as a key mentor for young entrepreneurs navigating the often-confusing world of business. In a recent interview with Future Media, Koita shared his perspective on the National Youth Development Fund, a government initiative aimed at allocating N$257 million to viable youth-led businesses. Koita highlighted a persistent challenge: the majority of youth lack basic business knowledge. “Less than five percent of […]

1 September, 2025

Business / Economics

BIPA Begins Mass Deregistration of Companies

The Business and Intellectual Property Authority has confirmed that starting today, 1 000 companies will be de-registered. A total of 137 thousand companies are targeted, with at least 1 000 or more expected to be removed from the registry each month, according to NewsOnOne’s Hertha Ekandjo.

29 August, 2025