Informal Economy

8 Results / Page 1 of 1

Business / Economics

Report Targets Growth in Informal Economy

A new report launched in Windhoek aims to enhance understanding of the informal economy and support inclusive growth. The Diagnostic Report on Informality, developed by the Bank of Namibia with government ministries and the UN, highlights key challenges and policy solutions for a sector that sustains most citizens, particularly women and youth. Dr Michael Humavindu is the Chairperson of the National Working Group on Informality and Executive Director in the […]

today12 November, 2025

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

Business / Economics

Interview: Calls grow for annual job data to hold government accountable and guide effective policy

Labour expert and social justice advocate Herbert Jauch says the absence of up-to-date employment statistics is crippling the country’s ability to address its mounting unemployment crisis. Speaking to Future Media, Jauch said government has not released a full Labour Force Survey since 2018 — leaving policymakers, citizens, and researchers in the dark. Jauch explained that while the Namibia Statistics Agency had once aimed for biennial labour updates, financial constraints and […]

today24 June, 2025

Africa

Africa is the world’s largest market for Guinness beer – how its ad campaigns exploit men

    By Jordanna Matlon, American University   Africa is the world’s largest market for Guinness beer (and Nigeria is second only to Britain for the most consumers in one country). The Irish brand’s success on the continent is regarded as a trailblazing business model. And that has a lot to do with their advertising campaigns over the years. Award-winning sociologist Jordanna Matlon recently published a research paper that analyses […]

today23 September, 2024

Local

Bank of Namibia launches industry kick-off for instant payment programme

          The Bank of Namibia recently hosted the industry kick-off for the Instant Payment Programme (IPP), a transformative initiative aimed at enhancing financial inclusion and accessibility across the country. Mr. Marsorry Ickua, Officer in Charge at the Bank of Namibia, officiated at the event, highlighting the IPP’s commitment to inclusivity. The Instant Payment Solution is designed to be accessible on any device, including non-smartphones, ensuring that […]

today1 July, 2024

Business / Economics

Jobs in South Africa: the labour market is recovering from COVID – but unskilled and less educated people are still being left behind

    By Derek Yu, University of the Western Cape   For more than three decades the South African economy has had very high rates of joblessness. The country’s economy has been unable to create enough jobs for its growing army of workers. This has partly been because of the stagnant economic growth rate of only 1.7% during the 2010s (it was even lower at 0.9% in 2015-2019). Another factor […]

today20 February, 2024

Africa

Slums and guns in Bamako: what’s driving the illegal weapon trade in Mali’s capital city

    By Oluwole Ojewale, Institute for Security Studies   As west Africa urbanises, many cities have become interconnected through trade, travel and technology, and crime has increased in complexity and scope. The proliferation of arms in west African cities, especially in the aftermath of conflicts in Libya (2011) and Mali (2012), has added to these challenges in Bamako, Mali’s capital. In 2018, the Small Arms Survey estimated that roughly […]

today19 February, 2024

Africa

West Africa trade will take a hit as Mali, Niger and Burkina Faso leave Ecowas

    By Olivier Walther, University of Florida   The membership of the Economic Community of West African States (Ecowas) has been whittled down from 15 to 12 following the unilateral withdrawal of Niger, Mali and Burkina Faso in February. Founded in 1975, Ecowas is one of eight regional economic communities recognised by the African Union to foster regional integration on the continent. Its main objective is to create a […]

today15 February, 2024