insert_link Local Bank Windhoek, City of Windhoek celebrate MSME Day with entrepreneurs Celebrated annually on 27 June is Micro, Small and Medium Enterprises (MSME) Day, designated by the United Nations to highlight the potential of micro, small and medium-sized enterprises to transform economies, foster job creation and promote equitable economic growth. Bank Windhoek’s Head of SME, Financial and Data Analytics, Bianca Janse Van Vuuren, highlighted that SMEs are the backbone of Namibia’s economy, driving innovation, creating jobs, and […] todayJune 26, 2024 6
insert_link Business / Economics Finance Minister says trade fairs play important role in community development The Minister of Finance and Public Enterprises, Iipumbu Shiimi, has highlighted the role of trade fairs and expos as platforms fostering meaningful interactions between businesses and communities, ultimately enhancing their daily lives. Speaking at the 14th edition of the Eenhana Expo fundraising gala dinner held on Saturday, Shiimi underscored that these events are not merely gatherings but dynamic forums where innovative ideas are exchanged, partnerships are forged, and solutions are […] todayJune 24, 2024 3
insert_link Business / Economics Old Mutual Foundation avails N$800 000 in seed capital funding for grassroots entrepreneurship The Old Mutual Foundation, in partnership with Basecamp and the Financial Literacy Initiative (FLI), has announced the 40 shortlisted candidates for the OM SEED Entrepreneurship Programme. This initiative aims to foster entrepreneurship, accelerate economic growth, and address the Sustainable Development Goals (SDGs) in Namibia. This year, the program focuses on entrepreneurs in the Ohangwena, Oshikoto, Zambezi, and Kavango West regions. By 2025, OM SEED will have reached […] todayJune 10, 2024 17
insert_link Namibia Namibia’s Rating Upgraded: Importance for the Country and Its People By Josef Kefas Sheehama Periodically, the Namibian government establishes policies to address the unstable state of the economy. Encouraging economic growth requires policymakers to put in place measures that support investment, innovation, and entrepreneurship. Therefore, the government can assist in fostering an environment that is conducive to business and promotes employment and economic growth. As an Independent Economic and Business Researcher, I therefore wholeheartedly commend the […] todayJune 6, 2024 12
insert_link Local Old Mutual Foundation launches OM SEED 2024 with N$800 000 in support of grassroots entrepreneurs in Ohangwena, Zambezi, Oshikoto, and Kavango West Regions The Old Mutual Foundation has launched its third edition of the highly anticipated Old Mutual Sustainable, Economic, and Empowerment Drive (OM SEED) today with a total investment of N$800 000 in support of grassroots entrepreneurs in Ohangwena, Zambezi, Oshikoto, and Kavango West Regions Following the remarkable impact achieved in the Erongo, Kavango East and Hardap regions in 2022 and 2023, the Foundation is extending the initiative to […] todayMay 23, 2024 5
insert_link South Africa Small businesses can help South Africa fight unemployment if they get proper support – study By Karikari Amoa-Gyarteng, University of Johannesburg and Shepherd Dhliwayo, University of Johannesburg South Africa has an alarming unemployment rate of approximately 32.1%. Solutions have been elusive. The unemployment rate has been consistently high for decades. Our research has revolved around entrepreneurship. We have examined the “liability of newness” related to small and medium scale enterprises and entrepreneurial development in general. In particular, we’ve looked at […] todayMay 21, 2024 14
insert_link Local Tony Elumelu champions youth entrepreneurship across Africa, advocates for investment over aid With a burgeoning youth population estimated to be one half of the world’s youth by 2,100, and the highest entrepreneurship rates across the globe - where over 20% of working-age Africans launching new businesses and more than 75% of young people intend to start one within the next five years - it is within this landscape of ambition and potential that Africa's path to development and prosperity […] todayMay 21, 2024 13
insert_link Business / Economics Mines and Energy Minister stresses merit-based project allocation The Minister of Mines and Energy, Tom Alweendo has urged entrepreneurs not to anticipate being given projects effortlessly solely because of their nationality. He stressed the importance of acquiring essential knowledge from experts to enhance proactive engagement. Alweendo delivered this message during the ongoing 6th Namibia International Energy Conference in Windhoek. Founded by RichAfrica, Namibia International Energy Conference is the official meeting place for the energy industry. Moreover, it serves […] todayApril 25, 2024 18
insert_link Africa Ethiopia looks to the Singapore model to lure startups in sweeping new reforms By Seth Onyango, bird story agency Ethiopia has unveiled sweeping reforms to support a burgeoning startup industry and turn the country into a leading incubator of entrepreneurs. Notable changes include slashing a 30% capital-gains tax on the transfer and issuance of shares, according to Brook Taye, Director-General of the Ethiopian Capital Market Authority. The move, combined with an allowance for startups to retain all foreign currency […] todayApril 16, 2024 3
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
