Economic Growth

SA Union Criticizes Government for Neoliberal Policies

The South African Federation of Trade Unions says the government of national unity continues to champion neoliberal economic policies that actively undermine job creation. Saftu’s spokesperson, Newton Masuku, says ahead of Finance minister, Enoch Godongwana’s budget speech today, they are demanding an immediate reversal of austerity measures. Meanwhile, the Public Servants Association says it expects Godongwana to present a budget that prioritises economic growth, job security, and the strengthening […]

February 19, 2025 44

Business / Economics

In S.A, COPE Urges Godongwana to Prioritize Economic Growth in Budget

To South Africa now, where the Congress of the People is calling on Finance minister, Enoch Godongwana, to deliver a budget that prioritises heightened economic growth. COPE’s, Pake Dikgetsi, says they are warning that austerity measures targeting social services, while billions are lost to corruption will push the country further into a crisis Meanwhile, the GOOD Party Secretary-general, Brett Herron, says as things stand, around 18-million South Africans are poor […]

February 19, 2025 37

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Environment

Government Invests in Renewable Energy for Self-Sufficiency

Namibia is making major investments in renewable energy to reduce its reliance on electricity imports. Speaking in Parliament on 13 February 2025, Finance Minister Hon. Iipumbu Shiimi unveiled plans for large-scale solar and wind energy projects aimed at achieving energy independence. One Africa Tv NewsOne journalist Ellen Shihepo reports:

February 15, 2025 57 2

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Business / Economics

Namibia Joins International Maritime Organisation to Boost Supply Chains

Cabinet has approved Namibia’s membership in the International Maritime Organisation to enhance supply chain efficiency. Information Minister Emma Theofelus announced the decision this week, following Cabinet’s first meeting on February 11.

February 15, 2025 39 6 2

South Africa

SA’s 2025 G20 Host Role a Key Business Opportunity According To Standard Bank

Standard Bank says South Africa’s role as host of the 2025 G20 Summit and its associated B20 Summit, presents a significant business opportunity. South Africa assumed the G20 Presidency in December 2024, becoming the first African country to hold the presidency of the world’s premier economic cooperation grouping. Standard Bank’s, Oscar Siziba, says the B20 Summit, the official business engagement forum of the G20, will provide a platform for private […]

February 13, 2025 46

Business / Economics

Bank of Namibia awards bursaries to ten outstanding students

The Bank of Namibia has awarded bursaries to ten outstanding students pursuing studies in key fields essential to the country’s development. The regulator's Sandra Garises says, through its long-standing bursary programme, the Bank continues to invest in the country's future by ensuring deserving students have access to quality education. Josefina Oskar from BON:

February 7, 2025 45

Business / Economics

30 January-6 February 2025 Weekly Economics Wrap: Tourism, Telecommunications, and Global Economic Trends

The local hospitality industry in Namibia is undergoing a significant shift as several major hotels transition from fixed rates to dynamic pricing. This move, influenced by international trends and increasing operational costs, has raised concerns about the impact on domestic tourism, already facing economic challenges. A recent survey by The Brief revealed that fluctuating rates could affect local tourism, making it difficult for many Namibians to access affordable accommodations. This […]

February 6, 2025 20

South Africa

Rise Mzansi Calls on Ramaphosa for Strong Leadership in SONA

Rise Mzansi urges president Cyril Ramaphosa to use his State of the Nation address to demonstrate strong leadership and set clear priorities. The party wants decisive action on job creation, crime prevention, and service delivery. They also propose a wealth tax to boost economic growth. Rise Mzansi spokesperson Mabine Seabe warned Ramaphosa that failure to tackle corruption decisively will erode public trust:

February 6, 2025 31

Namibia

Oil, trade, and tourism top agenda at Namibia-Nigeria talks

Namibia is set to host the Fifth Session of the Namibia–Nigeria Joint Permanent Commission of Cooperation in Windhoek from today until 7 February 2025. The high-level meeting aims to strengthen bilateral relations between the two nations, particularly in the sectors of health, education, agriculture, oil, and gas. Namibia previously called for the revival of the joint commission to cement collaboration in areas of mutual interest. Speaking ahead of the […]

February 5, 2025 47