insert_link 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 […] today31 October, 2024
insert_link 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: today31 October, 2024
insert_link 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, […] today23 October, 2024
insert_link Local AU MSME gathering explores finance accessibility Namibia is currently hosting the third Annual African Union Micro, Small, and Medium Enterprises (AU MSME) Forum, running from Monday, 9 September 2024, to Friday, 13 September 2024, in Windhoek. This marks the first time the Forum is being held in Namibia and Southern Africa, with the Namibia Investment Promotion and Development Board (NIPDB) spearheading the event, alongside private sector sponsors. Entrepreneurs from all 54 African countries, along […] today12 September, 2024
insert_link Africa Technology classes at school can also teach skills for business and life: South African teachers share ideas PeopleImages/Getty Images By Adri Du Toit, North-West University Starting and running your own business takes hard work and a can-do attitude. Typically, entrepreneurs are the kinds of people who can identify and solve problems innovatively, are willing to take risks and learn from mistakes. But many entrepreneurs also have a set of skills that anyone can learn, and use in work and life. Examples include adaptability, problem-solving, collaboration, […] today9 September, 2024
insert_link Africa Stepping up youth employability for jobs and better life chances By Vera Ng’oma, Country Director, Malawi, British Council These are the kinds of success stories young Africans aspire to achieve, African governments aim to facilitate through their policies, and educational institutions strive to prepare students for them. However, as the world celebrates International Youth Day the challenges are substantial: poor educational outcomes, a shortage of relevant skills, and low job creation. Each year, at least 10 million youth […] today12 August, 2024
insert_link Namibia Mining Sector Boosts Revenue and Employment Vice President, Netumbo Nandi-Ndaitwah announced at the mining expo in Windhoek that the mining industry’s contribution to government revenue surged from N$ 4.4 billion in 2022 to N$ 6.8 billion in 2023. Mining remains the top sector for job creation in Namibia. She emphasized the benefits of refining domestic oil to lower costs and highlighted Namibia's significant uranium production, which is driving new projects. Nandi-Ndaitwah also noted progress in local […] today8 August, 2024
insert_link Business / Economics INTERVIEW: Business and Economics Researcher Josef K. Sheehama Talks to Future Media’s Leonard Witbeen on Economic Views Recently, Josef K. Sheehama, a distinguished business and economics researcher, shared his insights on the future of Namibia’s economic landscape. With a career spanning over two decades in banking and finance, Sheehama, who currently manages private banking at Standard Bank, discussed the differences between green hydrogen and the blue economy and how Namibia can leverage its resources to boost economic development and job creation. The Green Hydrogen vs. Blue Economy […] today30 July, 2024
insert_link Opinion Pieces Namibia’s uncharted blue economy has a lot of potential Opinion By Josef Kefas Sheehama Given the potential for the blue economy to generate a significant number of direct and indirect jobs, Namibia has a great chance for long-term economic growth and development. The NDP 5 interventions can also be utilized to realize Namibia's Vision 2030 aspirations of eradicating poverty, decreasing inequality, and fostering an inclusive economy. Namibia must revive, implement robust climate change mitigation strategies, […] today24 July, 2024
