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Economic development

37 Results / Page 1 of 5

Background

Namibia

Cyclists promote Trans Kalahari Corridor for development and safety

In a bid to promote the Trans Kalahari Corridor, advocate for spatial development initiatives, and promote safety and security along the Trans Kalahari Corridor, 30 cyclists from Botswana, Namibia, and South Africa cycled the Trans Kalahari Corridor. The 1900 km cycle challenge started in Rustenburg, through Botswana, and ended in Walvis Bay.  Here is one of the cyclists, Vaino Kali. The TKC Executive Director, representatives of the Erongo Regional Council, […]

todayMay 7, 2024 11

Africa

Rwanda’s post-genocide model prioritises security over freedom and equality – a risk to future stability

    By Omar Shahabudin McDoom, London School of Economics and Political Science   Rwanda, a small and landlocked central African country, has made remarkable socio-economic progress since the 1994 genocide in which an estimated 500,000 people died. But the country, as well as the rest of the world, remains divided over the achievements made and the direction taken over the past 30 years. Supporters of Rwanda’s trajectory believe in […]

todayApril 25, 2024 6

Opinion Pieces

Reflection on local content policies: A catalyst for Namibia’s economic development and growth

      Opinion piece By Josef Kefas Sheehama   On April 16–18, 2024, in Lüderitz, the Namibia Chamber of Commerce and Industry (NCCI) and Antila Consultancy organized a local content oil and gas conference with the theme, "Empowering Namibia's Energy Ambitions by Connecting Industry and Indigenous Talent." According to Article 100 of Namibia's Constitution that, " Land, water, and natural resources below and above the surface of the land […]

todayApril 24, 2024 7 2

Business / Economics

About 10 billion barrels of oil discovered off Namibia’s coast

An estimated 10bn barrels of oil has been discovered in Namibia, Portuguese oil company Galp Energia has said. The company told Bloomberg News that it had made the potential find after concluding its first phase of oil exploration in the Mopane field off Namibia's coast. Vast oil and gas reserves have been discovered in Namibia's Orange Basin, where Mopane is located, in recent years. Namibia is eyeing an entry into […]

todayApril 22, 2024 62

Business / Economics

Namibia Breweries Limited receives double honour for revenue contribution in 2023

Namibia Breweries Limited has been awarded the “Overall Highest Trader Revenue Contribution” for the year 2023 by the Namibia Revenue Agency showcasing the NBL’s tax compliance and overall positive contribution to the development of the local economy. NBL was awarded in the category of the “Highest Contributor of Customs and Excise,” which relates to the revenue collected mainly on customs and excise duties and Value Added Tax for the period […]

todayApril 18, 2024 15

Namibia

European Union launches €16 million ECD reform programme in Namibia

The European Union Delegation to Namibia has launched an Early Childhood Development Reform Programme at the Harmony ECD Centre in the Mix settlement. The ECD Reform Programme is an EU-flagship programme on early childhood development and pre-primary education aimed at contributing to a well-educated and skilled society in Namibia which can play an active role in the nation’s social and economic development. The programme has a budget of Euro 16 […]

todayApril 18, 2024 19

Africa

Africa’s millionaire population expected to increase by 65%

There is USD 2.5 trillion in total investable wealth currently held on the African continent, and its millionaire population is set to rise by 65% over the next 10 years. This is according to the 2024 Africa Wealth Report, published by Henley & Partners and wealth intelligence company New World Wealth. In its 9th edition, the latest report reveals that there are currently 135,200 high-net-worth individuals with a liquid investable […]

todayApril 16, 2024 2

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