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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Economic Diversification

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30 October-07 November 2024 Weekly Economics Wrap: Key Developments and Global Trends

    Namibia's Agricultural Growth: The Namibia Berries Project Expansion The Namibia Berries Project is setting its sights on significant expansion. The project plans to grow by 75 hectares annually, targeting 240 hectares by 2026. The ambitious vision, shared by founder Michael Rodenburg, aims for long-term growth, with a potential reach of 500 hectares, depending on funding and community development. This expansion is poised to make a substantial impact on […]

todayNovember 7, 2024 5

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Opinion Pieces

Namibia’s uncharted blue economy has a lot of potential

    Opinion By Josef Kefas Sheehama     Given the potential for the blue economy to generate a significant number of direct and indirect jobs, Namibia has a great chance for long-term economic growth and development. The NDP 5 interventions can also be utilized to realize Namibia's Vision 2030 aspirations of eradicating poverty, decreasing inequality, and fostering an inclusive economy. Namibia must revive, implement robust climate change mitigation strategies, […]

todayJuly 24, 2024 28

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Opinion Pieces

Namibia Needs a Different Approach to Change the Structural Economy

  Opinion Piece By Josef sheehama   To attain V2030, Namibia will need to adopt structural reforms that will increase economic growth, facilitate more labor-intensive growth by opening up the labor market, and address an expensive and generally ineffective system of education, training, and skills. The government should support businesses in the manufacturing, construction, and agriculture sectors among others, paying attention to both the educated and the uneducated. As a […]

todayJuly 9, 2024 19

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Namibia

Namibia’s Oil and Gas have potential to improve overall economy without adverse on other sector

        By Josef Keas Sheehama       Although Namibia's oil and gas industry has the potential to boost the country's economy, careful management and diversification are essential to ensuring that this potential is realized without detrimental effects on other industries. Namibia, along with other African countries, is emerging as an attractive oil and gas opportunity due to legislative changes that make the market more appealing. Namibia's […]

todayJune 19, 2024 35

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Africa

Mauritius’ next growth phase: a new plan is needed as the tax haven era fades

      By Pritish Behuria, University of Manchester     Mauritians will head to the polls by November 2024 and politicians are considering the economic direction of the island country. For the last two decades, the country’s economic growth has depended heavily on its offshore sector – the provision of financial services by banks to foreign firms. As an isolated country located in the south-western Indian Ocean, Mauritius has […]

todayJune 18, 2024 25

Africa

Zambia’s arts and creative sector is thriving

  By Bonface Orucho, bird story agency   Zambia’s recent unveiling of a National Arts and Revised Film Policy is evidence of the growing interest in increasing investment and fostering the growth of the arts and creative sector. Besides committing to invest close to US$100 million in the arts and film sector between 2024 and 2028, the policy commits to improving artists' welfare in a bid to promote talent by […]

todayApril 8, 2024 15

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Local

Capricorn Foundation pledges N$1 million towards building a desert-based economy in Maltahöhe district

    On Friday, 15 March 2024, the Capricorn Foundation and Wolwedans Foundation officially launched a unique partnership in Maltahöhe. The Capricorn Foundation has pledged N$1 million towards the Wolwedans Foundation's flagship initiative, RuralRevive: Building a Desert-based Economy, showcasing its dedication to economic advancement, sustainable development and the empowerment of the Maltahöhe community. Capricorn Foundation's generous contribution will go towards the establishment and enhancement of six work packages, including Horticulture […]

todayMarch 19, 2024 15

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Business / Economics

Budget 2024-25 expectations: empowering youth, essential services, agriculture and tax reform

    By Josef Kefas Sheehama   The Minister of Finance Hon. Iipumbu Shiimi is set to table the 2024-25 budget in February 2024. The upcoming budget is seen not just as an annual financial statement but a critical opportunity for the government to lay out a roadmap for sustained growth and equality. The Budget 2024-25 should focus on protecting and driving the recovery of lives and livelihoods of Namibians, […]

todayFebruary 6, 2024 11

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