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 19
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 55
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 63
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 11
insert_link Africa Young Kenyans are not finding work: how universities can do a better job of training entrepreneurs By Renson Muchiri Mwangi, KCA University; Judy N. Muthuri, University of Nottingham, and Mohsen Gul, University of Cambridge Kenya’s long-term development blueprint, Vision 2030, envisions an empowered youth driving economic growth. The focus on its young population (aged 15–34) is apt given that the median age of the country’s population of 55 million is around 20 years. This has led to a succession of policies and strategies […] todayApril 8, 2024 5
insert_link Business / Economics Costly mistakes to avoid as a Namibian farmer By Hanks Saisai, Technical Advisor: Crops & Poultry, Agribank Many livelihoods in Namibia rely directly or indirectly on agriculture and the products that reward the hardworking men and women who farm as a way of life. It is important to note that the journey of a farmer requires hard work, determination, dedication, and a sense of innovation. One must always be aware of common mistakes that are […] todayMarch 26, 2024 64
insert_link Business / Economics Why do identical informal businesses set up side by side? It’s a survival tactic – Kenya study By Tim Weiss, Imperial College London The population on the African continent will have nearly doubled by 2050, according to UN projections. About 800 million more young Africans will enter the job market by then. Combine this forecast with the high youth unemployment rate in many African countries today, then the pressing question is: who will create stable jobs at mass scale? Many policies to create […] todayMarch 25, 2024 7
insert_link Business / Economics Economic inclusion of people with disabilities cornerstone for Economic growth By Josef Kefas Sheehama It is indeed regrettable that people with disabilities continue to face exclusion from the economy. We are excluded from employment, skills training, education, and other critical areas of development. The latest reports indicated that 95% of people who have disabilities in the Kunene region are unemployed, while in the Khomas region, it is nearly 70% according to the Namibia Association for Wheelchair Users. […] todayMarch 13, 2024 15
insert_link Uncategorized Small-Scale mining boosts economic diversification Namibia is striving to improve its competitiveness within the Southern African Development Community by prioritising industrialisation in its National Development Plans towards Vision 2030. Small-scale mining plays a pivotal role in supporting livelihoods, reducing poverty, and fostering entrepreneurship, particularly in rural areas with large gemstone deposits. Ministry of Industrialisation and Trade spokesperson Elijah Mukubonda explains. todayMarch 11, 2024 39