job creation

De Lille Slams Tourism Fund Delays in South Africa

In South Afrca...The DA welcomes Tourism minister Patricia de Lille’s criticism of the Tourism Equity Fund’s slow pace in supporting small, medium, and micro-enterprises in the tourism sector. Since November last year, only 20 applications from businesses have been approved under the fund, amounting to 301-million-rand. The DA’s, Haseena Ismail, says the fund must prioritise supporting SMMEs with the potential to create and sustain jobs: Meanwhile, the eThekwini municipality's […]

18 December, 2024 30

2

Opinion Pieces

Namibia Economic Performance under H.E. Dr. Netumbo Nandi-Ndaitwah

Josef Kefas Sheehama As an independent economic and business researcher and board member of the African Council on Foreign Relations, I would like to celebrate Namibian history by extending my heartfelt congratulations to H.E. Dr. Netumbo Nandi-Ndaitwah, Namibia's first female president-in-waiting and therefore first female president of the Southern African Development Community (SADC). One must be familiar with Iceland's first female president, Vigdís Finnbogadottir, who was elected in 1980. […]

11 December, 2024 15 2

South Africa

South Africa’s President calls for unified efforts to boost the economy

South Africa's President Cyril Ramaphosa called for unified efforts across all levels of government to boost the economy. In his address to Mpumalanga's provincial executive, he emphasised the importance of cooperation, collaboration, and effective planning to drive inclusive economic growth. Ramaphosa says aligning strategies and collaborating will promote inclusive growth, create jobs, and ensure economic benefits reach all South Africans:

11 December, 2024 32

South Africa

DA says the latest unemployment figures attest to its commitment to South Africans

The DA says the latest unemployment figures attest to its commitment to South Africans, sustainable, inclusive economic growth, and meaningful job creation. StatsSA’s latest Quarterly Labour Force Survey reveals a decrease in the unemployment rate from 33.5-percent to 32.1-percent. However, youth unemployment continues to sit high at 43.2-percent. The DA says this green shoots in jobs numbers must accelerate economic reform including breaking Eskom’s power monopoly and addressing weak service […]

13 November, 2024 46

Local

Nictus Holdings Group of Companies Expands with Strategic Acquisition of Build IT Walvis Bay Branch

Walvis Bay, Namibia – 06 November 2024 – Nictus Holdings Group of Companies, a leading name in retail, furniture, and insurance services in Namibia, is proud to announce the acquisition of the Build IT Walvis Bay branch. This strategic move is part of Nictus’s ongoing commitment to growth, community development, and providing comprehensive services to its customer base across Namibia. The Build IT Walvis Bay branch has been an integral […]

12 November, 2024 47

Business / Economics

MSC Cruises Welcomes 42 Namibians to Its Onboard Team

Over 40 locals have landed jobs with MSC Cruises following a recruitment initiative launched in collaboration with the Namibia Investment Promotion and Development Board in June. The Brief says NIPDB announced that 42 candidates received letters of intent and are preparing to join the cruise line's fleet between November 2024 and January 2025. Positions include roles in hospitality, business administration, beauty and wellness, housekeeping, sales, and culinary services. This initiative […]

1 November, 2024 22

South Africa

TLU SA Seeks Clarity on Medium Term Budget’s Impact on Agriculture

The South African agricultural organisation TLU SA says it wants clarity on whether the plans announced in the Medium Term Budget Policy Statement will genuinely meet the real needs of the economy and agriculture. TLU SA’s, Bennie van Zyl, says the focus of the government of national unity on inclusive growth and job creation is valuable, but the concern is that real challenges, such as corruption and mismanagement, are […]

31 October, 2024 51

Business / Economics

DA leader and Agriculture minister John Steenhuisen endorsed the mid-term budget

DA leader and Agriculture minister John Steenhuisen endorsed the mid-term budget, calling it the right step toward fiscal growth. Speaking outside Parliament, Steenhuisen commended the focus on debt reduction, infrastructure spending, halting bailouts for state-owned entities, and the end of e-tolls. He emphasises the DA’s role in driving reforms through the government of national unity, through economic growth and job creation:

31 October, 2024 36

Business / Economics

Swakop Uranium Contributes Over N$7.9 Billion to Namibian Economy in 2023

Swakop Uranium's Husab Mine significantly boosted the Namibian economy in 2023, contributing over N$7.9 billion through local procurement, taxes, and social investments as per The Brief. The company has created more than 6,000 jobs, engaging with over 400 local suppliers, with 62% of its spending directed towards Namibian-owned businesses. The report highlights Swakop Uranium's alignment with the country's National Development Agenda and the Global Sustainability Goals, according to Eliphas Hawala, […]

23 October, 2024 22