insert_link Business / Economics Namibia Moves to Strengthen Labour Systems Following the 113th International Labour Conference in Geneva, Namibia’s Cabinet has tasked several ministries with evaluating the country’s data collection capacity and preparing to ratify key labour conventions to aid the shift from the informal to the formal economy. Labour expert Herbert Jauch highlighted the potential benefits of international cooperation with Cuba and Mexico, while emphasizing that structural economic reforms are essential for meaningful job creation. today18 August, 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 Erastus Calls for Strategic Roadmap Before Sector Nationalisation. Economist Gabriel Erastus has urged the government to prioritise skills development, scientific literacy, and market analysis before considering the nationalisation of key sectors. Speaking to our news team, Erastus underpinned the importance of a well-crafted strategy supported by research, identified sources, and thorough commodity assessments. He cited the following in addition: today23 June, 2025
insert_link Business / Economics Interview: Erastus Cautions Against Rushed Nationalisation, Urges Strategic Preparation Economist Gabriel Erastus has urged lawmakers to proceed with caution on proposals to nationalise Namibia’s strategic sectors, warning that such decisions must be guided by strategy, skills, and solid research. Speaking in response to a recent proposal by National Assembly member Mr. Kaaronda on the nationalisation of key sectors and resources, Erastus acknowledged that the call “comes from a good place” — especially in light of limited national benefits […] today23 June, 2025
insert_link Business / Economics Interview: China’s Path, Africa’s Future: Sheehama Unpacks Key Takeaways from Kunming Forum Business and economics researcher Josef Sheehama has returned from the 14th China-African Think Tank Forum in Kunming, China, with key reflections on how China’s development model—particularly in poverty alleviation and modernization—could offer Africa, and Namibia specifically, a valuable roadmap for future industrialization. The forum, attended by over 150 scholars, policymakers, and experts from across the African continent and China, served as a platform to examine shared challenges and explore developmental […] today27 May, 2025
insert_link Business / Economics South Africa faces R800 billion debt repayment challenge South Africa’s Finance Minister Enoch Godongwana (Reuters/Shelley Christians) South Africa could face a financial challenge as debt servicing costs are projected to consume up to 30% of the country’s tax revenue by 2030, according to the International Monetary Fund (IMF). The IMF estimates that South Africa may need to spend as much as R800 billion on debt repayments within the next seven years, exposing a growing strain on the country's […] today19 May, 2025
insert_link South Africa DA says the latest unemployment figures attest to its commitment to South Africans The DA says the latest unemployment figures attest to its commitment to South Africans, sustainable, inclusive economic growth, and meaningful job creation. StatsSA’s latest Quarterly Labour Force Survey reveals a decrease in the unemployment rate from 33.5-percent to 32.1-percent. However, youth unemployment continues to sit high at 43.2-percent. The DA says this green shoots in jobs numbers must accelerate economic reform including breaking Eskom’s power monopoly and addressing weak service […] today13 November, 2024
insert_link South Africa South Africa’s Deputy President Outlines Steps to Boost Foreign Investment and Economic Reform South Africa's Deputy president Paul Mashatile says the government has implemented several steps to stimulate foreign investment including simple tax rules, and a competitive regulatory framework. He answered questions in the National Assembly yesterday on a range of issues including the economy, the water crisis, and challenges in municipalities. Mashatile says the government of national unity intends to continue with fundamental economic reform and improve the business operating environment: today1 November, 2024
insert_link Africa Ethiopia eases forex curbs as it awaits crucial bailout By Aymeric Vincenot Ethiopia said Monday it is easing foreign exchange curbs as part of a broader economic reform package, as the deeply-indebted nation awaits a multi-billion dollar bailout from international lenders. The value of the local currency, the birr, slid by around 30 percent against the dollar after the announcement of the measures by the central bank. "The reform introduces a competitive market-based determination […] today29 July, 2024
