insert_link Business / Economics Domestic Growth Slows Amid Manufacturing and Mining Weakness The domestic economy is forecast to slow to 3.0% for this year before recovering to 3.9% in 2026, hindered by a 4.6% contraction in manufacturing and a 0.1% decline in primary industries. Persistent drought, reduced livestock and diamond output, and falling SACU and diamond revenues pose additional risks, according to Josefina Oskar from the Bank of Namibia. Adding that, on the global front, growth is slowing: advanced economies remain stagnant at 1.6%, emerging markets show slight moderation, while Sub-Saharan […] today1 December, 2025
insert_link Science & Technology AI to hit 40% of jobs and worsen inequality Almost 40% of jobs around the world could be affected by the rise of artificial intelligence, a trend that is likely to deepen inequality, according to the International Monetary Fund. In a Sunday blog post, IMF chief Kristalina Georgieva called for governments to establish social safety nets and offer retraining programs to counter the impact of AI. CNN reports that Georgieva said the effects were expected to be felt more […] today15 January, 2024
