insert_link Business / Economics World Bank Unveils Strategy to Boost Namibia’s Growth and Equity The World Bank has introduced its 2025-2029 strategy to support Namibia's economic growth and address inequality. This comprehensive plan emphasizes job creation and enhanced access to quality public services, aligning with the country’s Vision 2030 and the Second Harambee Prosperity Plan for 2020-2025. The World Bank’s board of directors discussed the framework in a recent meeting, reaffirming its commitment to Namibia’s sustainable development. today10 January, 2025
insert_link South Africa ActionSA Backs Mixed Economy to Boost Investment ActionSA says it supports a thriving mixed economy in which the government plays its part by creating an enabling policy and safety environment to attract local and foreign direct investments. ActionSA president Herman Mashaba says the government cannot reasonably be expected to be the sole creator of mass employment. He says if properly enabled through appropriate legislation and, where necessary, incentives, a thriving private sector can contribute meaningfully to […] today6 January, 2025
insert_link South Africa S.A Union Calls for Support Against CWP Contract Terminations for Workers Aged 55 S.A Union, Saftu, is calling on all progressive forces to join the fight against the termination of the contracts of the Community Work Programme workers aged 55 and above. Saftu’s Mogoshadi Maserumule says together, South Africans can demand a government that places people before profits and ensures dignity for every worker, regardless of age. She says many of these workers have been in the programme since its inception […] today6 January, 2025
insert_link South Africa 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 […] today18 December, 2024
insert_link 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. […] today11 December, 2024
insert_link 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: today11 December, 2024
insert_link 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 […] today13 November, 2024
insert_link 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 […] today12 November, 2024
insert_link 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 […] today1 November, 2024
