insert_link Uncategorized Expert Sheehama Praises Namibia’s Trade Hosting Role Namibia is set to co-host the upcoming Commonwealth Trade Ministers Meeting, with business expert Josef Sheehama calling it “a very good opportunity for the country” to highlight its role in presenting the Commonwealth’s position on the Multilateral Trading System to the World Trade Organization. Cabinet also endorsed plans for a biennial Investment Conference to drive trade, empower MSMEs, and advance regional integration. today18 August, 2025
insert_link Business / Economics 2025 Mining Expo Opens with Record Participation The 2025 Mining Expo and Conference launches today, marking its largest edition yet. Exhibitors have increased from 168 to 196, and booth spaces have risen from 268 to 313. Visitor registrations hit a record 7,831, a 31.7% increase from 2023. The event focuses on promoting skills development and boosting interest in the mining sector, says Lauren Graham, Chief Economist at the Chamber of Mines. today5 August, 2025
insert_link Namibia Interview: Blue Growth Series Attracts Over 340 Entrepreneurs, Spotlight on Informal Sector Standard Bank’s latest entrepreneurship initiative — the Blue Growth Series — has received over 340 applications within two weeks, with close to half coming from the local informal economy. This was revealed by Arinze Okafor, the founder of the Namibia Investment and Finance Academy (NIFA), during an interview on Fresh FM earlier today. “The response has been overwhelming,” Okafor said, noting that approximately 170 applicants are informal traders such as […] today28 July, 2025
insert_link Business / Economics Vehicle Sales Surge in June The local car market saw a sharp rebound in June 2025, posting 1,313 units sold — a 29.9% jump from May and 32.2% higher than June 2024. According to Simonis Storm economist Almandro Jansen, the strong performance signals rising consumer confidence and an improved economic environment, making it the second-best month for sales this year. today23 July, 2025
insert_link Business / Economics Jobless Rate Surge Poses Tax Threat A spike in unemployment could severely shrink the tax base and weaken government revenue, warns a leading business and economics expert. In a recent interview, Josef Kefas Sheehama explained that fewer taxpayers mean lower collections and greater pressure on welfare spending. He says this cycle could drag down economic growth if urgent solutions aren’t found. today14 July, 2025
insert_link Business / Economics Interview: High Unemployment Puts Pressure on Revenue, Says Sheehama Business and economics expert Josef Kefas Sheehama says the country’s rising unemployment rate is putting mounting pressure on tax collection, public finances, and overall economic stability. In an exclusive interview, Sheehama explained that while the official unemployment rate climbed from 33.4% in 2018 to 36.9% in 2023, the real figure could be much higher. “If we use what we call the standard mean, unemployment could actually stand at 60%,” he […] today14 July, 2025
insert_link Business / Economics August Oil and Gas Conference to Drive Alignment The third Oil and Gas Conference, happening from 12 to 15 August , will unite industry players, government, and partners to focus on aligning the sector with national development plans during the shift from exploration to production. Jason Kasuto is the Chairperson of the Economic Association: today11 July, 2025
insert_link Namibia Urban Mobility Summit Aims to Drive Growth in Windhoek Windhoek’s Urban Mobility Conference 2025 is underway with the theme “Driving Economic Growth Through Urban Mobility.” City spokesperson Lydia Amutenya says the event brings together policymakers, private innovators, scholars and community voices to craft solutions for an upgraded, greener public transport system. The push is to make mobility more sustainable while spurring economic opportunities. today10 July, 2025
insert_link Business / Economics India’s Modi’s Visit Sparks Talks on Oil, Trade and Parliament Speech India's Prime Minister Narendra Modi starts his state visit to Namibia today, aiming to seal new deals in trade, health, and education while addressing Namibia’s parliament. Officials say oil sector investment is high on the agenda, with economic analyst Salomo Hei weighing in on what the visit could mean. today9 July, 2025