insert_link Business / Economics Namibia Oil and Gas conference highlights investment, local benefits Namibia Oil and Gas Conference 2025 (Photo: Future Media news) The third Namibia Oil and Gas Conference opened in Windhoek today, with Deputy Prime Minister Natangue Ithete describing recent offshore oil and gas discoveries as a “generational opportunity.” He said that there is a need for unity, strong governance, and environmental responsibility to ensure Namibians benefit fully from the sector’s growth. Ithete noted that oil and gas production has the […] today14 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 South Africa South African Local Government Association Proposes Zero-VAT on Water and Electricity South Africa's Local Government Association has proposed the zero-VAT-rating of essential items like water and electricity. SALGA's Sabelo Gwala says taxing luxury goods will increase government revenue, suggesting a staggered VAT approach. This comes ahead of Finance minister Enoch Godongwana’s revised budget next Wednesday following disagreements over a potential VAT increase. Gwala warns that a blanket VAT hike would have severe consequences: today5 March, 2025
insert_link Africa Ghana wants to make importing food like rice and tomatoes more costly: expert explains why it’s a bad idea By Sylvanus Kwaku Afesorgbor, University of Guelph Ghana, like many other developing nations, relies heavily on imports of food and consumer goods to feed its population. For instance, Ghana imports 55% of the rice that is consumed locally. The country’s import dependence is primarily a consequence of the production of low-value primary products without substantial value addition. To forestall over-dependence on foreign goods, the government has proposed a trade […] today23 January, 2024
