insert_link 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 […] today25 April, 2024
insert_link 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 […] today24 April, 2024
insert_link 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 […] today22 April, 2024
insert_link 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 […] today18 April, 2024
insert_link 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 […] today18 April, 2024
insert_link 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 […] today16 April, 2024
insert_link Business / Economics Industrialisation Ministry holds Erongo region consultations The Ministry of Industrialisation and Trade is undertaking public consultations in the Erongo Region today on three key legislative and policy documents in a clustered form to get inputs from all stakeholders. Here is the Ministry's spokesperson Elijah Mukubonda. today15 April, 2024
insert_link Business / Economics Namibia’s digital nomad visa takes lead over South Africa’s South Africa is following in Namibia's footsteps. This as the country is planning a policy reform with new visa regulations. SA is introducing the digital nomad visa for remote work if earnings exceed R1 million. Bloomberg News reports that a point-based system will replace the critical skills list, with criteria set for publication by the end of April. Also, requirements for police clearance certificates and other documents are being relaxed. […] today9 April, 2024
insert_link Business / Economics Saudi Arabia pledges support to Pakistan The Pakistan foreign office on Monday announced that Pakistan and Saudi Arabia have reiterated their dedication to accelerate an investment package worth $5 billion previously discussed. This reaffirmation came one day after Prime Minister Shehbaz Sharif met with Saudi Crown Prince Mohammed bin Salman. Separately, the Diplomat reports that in the recent discussions, Riyadh might have encouraged Pakistan to regain financial stability by entering into an arrangement with the International […] today9 April, 2024
