Economic development

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Interview Transcripts

Interview: Rinaani Musutua Urges Government to Tackle Inequality and Strengthen Service Delivery

Rinaani Musutua of the Basic Income Grant Coalition has called for urgent action to address socio-economic challenges affecting citizens across the country. She highlighted research suggesting that women leaders often implement policies that improve living conditions, and expressed hope that President Netumbo Nandi-Ndaitwah will prioritize similar measures. Musutua emphasized that it is time to address the inhumane conditions many people still endure, particularly those living in squatter camps. “We cannot […]

today5 January, 2026

Business / Economics

Domestic Economy Expands 1.9 Percent in Q3

The domestic economy grew by 1.9 percent in the third quarter, slightly below last year’s 2.1 percent, driven mainly by a 4.1 percent rise in the services sector. Financial services and wholesale and retail trade supported growth, reflecting continued but moderate economic momentum. Economist Almandro Jansen commented on the latest figures.     

today23 December, 2025

Business / Economics

NSX Honoured for Innovation in Southern Africa

The Namibia Securities Exchange received the Most Innovative Securities Exchange in Southern Africa award for 2025, showcasing its commitment to market development. CEO Tiaan Bazuin said the accolade reflects the NSX’s recent upgrades, including a bond trading system and Central Securities Depository, aimed at boosting efficiency, transparency, and sustainable growth in the country’s financial markets.

today18 December, 2025

Business / Economics

Report Targets Growth in Informal Economy

A new report launched in Windhoek aims to enhance understanding of the informal economy and support inclusive growth. The Diagnostic Report on Informality, developed by the Bank of Namibia with government ministries and the UN, highlights key challenges and policy solutions for a sector that sustains most citizens, particularly women and youth. Dr Michael Humavindu is the Chairperson of the National Working Group on Informality and Executive Director in the […]

today12 November, 2025

Namibia

Namibia Statistics Agency launches nationwide financial inclusion survey

The Namibia Statistics Agency (NSA) has launched a nationwide Financial Inclusion Survey to map how Namibians access and use financial services. Running until 4 November, the survey covers all 14 regions, collecting data on banking, insurance, loans, and savings practices across the country. Dr. Paula Ingo, Executive for Demographic and Social Statistics and Financial Inclusion Project Manager at the NSA, highlighted the importance of the survey in supporting evidence-based planning […]

today7 October, 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. 

today4 September, 2025

Business / Economics

Finance Ministry Explores Innovative Approaches to Social Welfare

The Ministry of Finance is exploring new ways to support vulnerable households beyond traditional cash grants, Finance Executive Director Dr. Michael Humavindu has revealed. The social welfare program currently supports pensioners, children, foster families, people with disabilities, and poorer households through grants, including a $690 per month conditional basic income grant. However, a recent reclassification by the World Bank showed that the poverty rate has risen from 18% to 22% […]

today28 August, 2025

Namibia

President Nandi-Ndaitwah calls for action on hunger and youth unemployment at 45th SADC Summit

President Netumbo Nandi-Ndaitwah delivers her maiden SADC Summit speech in Antananarivo, Madagascar.Photo credit: @NamPresidency President Netumbo Nandi-Ndaitwah has delivered her first address as Head of State at the 45th Southern African Development Community (SADC) Summit in Antananarivo, Madagascar. In her maiden speech, President Nandi-Ndaitwah warned that the region’s development goals cannot be achieved while hunger, youth unemployment, and other socio-economic challenges persist. She urged member states to turn SADC’s Vision […]

today18 August, 2025