insert_link Business / Economics Shafudah Announces Spending Adjustments in Mid-Term Budget Review Finance Minister Ericah Shafudah tabled the Mid-Term Budget Review before Parliament, providing an update on the local economic progress and key fiscal adjustments. The proposed changes to the 2025 Appropriation Act aim to realign government spending and ensure adequate funding for national priorities through the rest of the 2025/26 financial year. Simonis Storm economist Almandro Jansen: today22 October, 2025
insert_link Namibia NSA Surveys Financial Habits Across the Country The Statistics Agency has begun a nationwide Financial Inclusion Survey, set to continue until 4 November, covering all 14 regions. The survey will explore how citizens use banking, credit, insurance, and savings products. Tannan Groenewaldt from CIRRUS Capital: today8 October, 2025
insert_link Business / Economics Expert Advises Strategies to Manage High Home Transfer Costs Business expert Josef Sheehama has highlighted the high costs involved in buying a home, citing lawyers’ fees, transfer duties, deed office charges, and NAMRA taxes as major contributors. He advised prospective homeowners to start saving early, use online tools to calculate costs, and explore bank incentives or negotiate fees to reduce financial strain. today6 October, 2025
insert_link Business / Economics Confusion Blocks Youth Fund Applications Frans Koita from DLK Africa Consulting says fewer than five percent of young entrepreneurs are applying for the National Youth Fund due to confusing requirements. He calls for clearer guidance and better information sharing to help youth prepare solid business plans. Koita also highlights how business consultants and AI tools can help with financial forecasting and strengthen applications: Eng Frans Koita On Youth Fund today1 September, 2025
insert_link Namibia Home Loans Only, Says GIPF on Pension Scheme The Government Institutions Pension Fund has clarified that its Pension-Backed Home Loan Scheme is strictly intended to help members buy or build houses. The Pension Funds Act limits pension access to housing purposes only, ruling out business ventures or personal spending, According to CEO Martin Inkumbi: today15 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 South Africa In S.A, Minister of Finance will table 2025 budget on 12 March South Africa's Minister of Finance Enoch Godongwana has confirmed that the 2025 budget will be tabled on 12 March, following additional deliberations within the cabinet. The budget speech was initially set for yesterday, but government decided to delay it to allow further discussions. Godongwana told the media the delay is in line with the Public Finance Management Act, which allows for a postponed presentation in exceptional circumstances: today20 February, 2025
insert_link Business / Economics Bank Windhoek Warns Against Poor Financial Planning Bank Windhoek's Credit Executive Officer, Eddie King, identifies poor financial planning, unexpected expenses, economic downturns, and over-reliance on credit as major causes of financial default. He stresses the importance of budgeting, emergency funds, and strong financial planning to navigate economic challenges and avoid high-interest debt traps. King urges individuals and businesses to stay informed about economic trends to make better financial decisions. today5 February, 2025
