insert_link Namibia Growing BRICS could surpass the Economic Size of the G7 Opinion Piece by Josef Kefas Sheehama It is not surprising that the BRICS plus will usher in a new economic order if the group of seven (G7) does not pull up its shocks, as the group's expansion presents new economic opportunities for developing countries. There is no doubt that the establishment of the BRICS represented a major step forward in the long-term process of member countries' integration, both […] todaySeptember 4, 2024 22
insert_link Business / Economics Government and US African Development Foundation to launch grant programme The Ministry of Industrialisation and Trade and the United States African Development Foundation signed an MoU at the US-Africa Leader’s Summit. Minister Lucia Iipumbu and USADF President Travis Adkins will launch the MASP in Windhoek this Thursday, according to Ministry spokesperson Elijah Mukubonda. todayAugust 28, 2024 51
insert_link Business / Economics Enhancing Quality of Service within the Postal Sector in Namibia By Progress Enkali The Communications Regulatory Authority of Namibia (CRAN) regulates postal services in Namibia, designating Namibia Post Limited (NamPost) as the National Postal Service Operator in Namibia. CRAN oversees the implementation of the license conditions subject to the Designated Postal Operator license issued to NamPost in terms of 96 (2) of the Communications Act (No. 8 0f 2009). CRAN aims to improve the efficiency, reliability, and accessibility of postal […] todayAugust 15, 2024 46
insert_link Opinion Pieces Assessing opportunities and drawbacks, building nuclear power plant reactor to meet Namibia’s electricity needs Opinion Piece Josef Kefas Sheehama Energy security demands a reduction in reliance on imported fossil fuels as everyone braces for the potential of an impending energy apocalypse. Namibia must prioritize building a nuclear power plant reactor if it wants to surpass its current position and become a leader in energy self-sufficiency. The most cost-effective way for Namibia to boost energy security and resilience while diversifying its sources of electricity […] todayAugust 8, 2024 36
insert_link Africa AAMFI welcomes AU Ministers’ Decisions on African Multilateral Financial Institutions’ Preferred Creditor Status The Alliance of African Multilateral Financial Institutions (AAMFI) held the third meeting of its Governing Council on the margins of the African Union Mid-Year Coordination Meeting, held in Accra, Ghana, during which it welcomed the endorsement of the Alliance by the African Union (AU) Ministers of Finance and Central Bank Governors at their 7th Ordinary Session of the African Union Specialized Technical Committee (STC) on Finance, Monetary […] todayJuly 31, 2024 16
insert_link Africa Biden Administration supports AGOA re-authorisation The Biden administration is supporting the early extension of the African Growth and Opportunity Act, allowing over 30 sub-Saharan African countries to maintain duty-free access to the U.S. market. Joy Basu, the Deputy Assistant Secretary of State in the Bureau of African Affairs, confirmed this during a press briefing, saying the United States supports an early re-authorization before AGOA expires in September 2025. Since its enactment in 2000, the […] todayJuly 30, 2024 31
insert_link South Africa South Africa is changing its retirement rules to help boost country savings: how it will work By Adrian Saville, University of Pretoria A study of 160 countries, spanning 60 years of economic history, establishes that there is no country that has been able to transition from “poor to prosperous” without a high savings rate. And that households - in other words you and me - are one of the most important contributors to a country’s overall level of savings rate. Yet, […] todayJuly 29, 2024 22
insert_link 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
insert_link World New UK finance minister vows to power economy New UK finance minister Rachel Reeves vowed Monday to immediately "fix the foundations" of Britain's economy, fuelled by onshore wind power and house building, after her Labour party won power. In her first major speech since being appointed the UK's first woman chancellor of the exchequer by new Prime Minister Keir Starmer, Reeves said there was "no time to waste" on reversing "the legacy of fourteen years […] todayJuly 8, 2024 13