job creation

Youth unemployment crisis draws national attention as MP calls for action

Swapo MP Emma Muteko has raised alarm over the escalating youth unemployment crisis, particularly in the Kavango East and Omusati regions, calling for an urgent investigation into the root causes affecting young people aged 15 to 24. Speaking during a session of the National Council, Muteko expressed concern about the persistent lack of opportunities for the country’s youth and urged the government to clarify what is driving the regional disparities […]

21 May, 2025 56 2

Business / Economics

SMEs crucial to Namibia’s economic growth, says FNB

Small and Medium Enterprises (SMEs) are playing a growing role in economic development, with their impact reaching beyond just job creation. According to FNB Namibia's Head of SME, Nesdha De Jongh, SMEs are key to addressing some of the country’s most pressing issues, including high youth unemployment and inequality. “SMEs are the backbone of the economy,” De Jongh said. “We need to empower their growth so that they’ll be able […]

20 May, 2025 47

Business / Economics

Interview: Business Researcher Josef Sheehama on Beneficiation and External Loans: A Strategic Outlook for Namibia’s Economic Future

IntroductionIn a recent interview, business researcher Josef Sheehama offered a comprehensive view of Namibia’s economic strategy, emphasizing the dual importance of beneficiation and external loan management. His vision for Namibia's economic independence hinges on industrialization, foreign direct investment (FDI), and leveraging natural resources to reduce dependency on external debt. 1. Namibia’s Vision 2030: Charting a Path to Industrialization Sheehama emphasizes that Vision 2030 is more than a governmental slogan—it […]

12 May, 2025 17

Business / Economics

Apple announces big investment in US

Apple has announced a huge $500bn investment in the United States as it shifts more business to the US amid the Trump administration's new tariff regime. The tech giant announced it's hiring 20,000 Americans and building a manufacturing factory to produce servers for artificial intelligence. It comes as President Donald Trump imposes a 10% tariff on all products from China, where most iPhones are made. Benji Hyer reports.

25 February, 2025 83

South Africa

SA Union Criticizes Government for Neoliberal Policies

The South African Federation of Trade Unions says the government of national unity continues to champion neoliberal economic policies that actively undermine job creation. Saftu’s spokesperson, Newton Masuku, says ahead of Finance minister, Enoch Godongwana’s budget speech today, they are demanding an immediate reversal of austerity measures. Meanwhile, the Public Servants Association says it expects Godongwana to present a budget that prioritises economic growth, job security, and the strengthening […]

19 February, 2025 67

Namibia

Namibian Engineers Train in SA for Wind Energy Expansion

Five Namibian engineers are undergoing six months of wind turbine training in Cape Town, facilitated by Windwise Turbines. The program equips them with skills to install and maintain Namibia’s first locally manufactured wind turbines. Windwise aims to build a 95% Namibian workforce, aligning with the country's Green Industrialisation Blueprint. The turbines, using German technology, are designed for stable power generation and seamless integration into Namibia’s energy grid. This initiative […]

17 February, 2025 44

South Africa

Rise Mzansi Calls on Ramaphosa for Strong Leadership in SONA

Rise Mzansi urges president Cyril Ramaphosa to use his State of the Nation address to demonstrate strong leadership and set clear priorities. The party wants decisive action on job creation, crime prevention, and service delivery. They also propose a wealth tax to boost economic growth. Rise Mzansi spokesperson Mabine Seabe warned Ramaphosa that failure to tackle corruption decisively will erode public trust:

6 February, 2025 43

Business / Economics

International trade agreements could drive local growth

The Economic and Social Justice Trust has published an article discussing the impact of global trade agreements, like the Africa Continental Free Trade Agreement and EU economic partnership agreements, on Namibia’s economic diversification and industrialisation. The article explores how trade agreements can help address challenges like market fluctuations, limited job creation, and insufficient value addition. Here’s Leonard Nakawa who is a Political Analyst at the Trust.

5 February, 2025 37

Business / Economics

South Africa’s R15-Billion Westown Development Boosts Jobs

South Africa’s R15-billion Westown project near Durban is praised by Public Works Minister Dean Macpherson as a model for economic recovery. Macpherson emphasized the need for similar initiatives nationwide to stimulate growth, create jobs, and improve infrastructure. The development has already created 1,000 construction jobs and is expected to provide 8,500 permanent positions.

14 January, 2025 51