insert_link Africa South Africa’s new agricultural leadership should focus on getting things done, not designing new policies By Wandile Sihlobo, Stellenbosch University South Africa’s primary agriculture sector accounts for nearly 3% of GDP and about 8% when considering the value of agro-processing. But it can contribute even more to economic growth that delivers benefits fairly across society and creates jobs. This can’t happen, however, if new policies and plans keep getting introduced. Fortunately, the views of the new agricultural minister, John Steenhuisen, may […] today3 July, 2024
insert_link Namibia Hyphen to create 18 thousand Green Hydrogen jobs in construction phase Hyphen Hydrogen Energy's Senior Economic Development Manager, Johannes Shipepe, has revealed that the Green Hydrogen project is expected to create 18,000 jobs during its construction and operation phases, with 30% of the expenditure being localised. According to the Namibia Press Agency, as part of the Feasibility and Implementation Agreement with the government, a Socio-Economic Development framework has been established to maximize benefits for Namibians. today20 June, 2024
insert_link Namibia Namibia’s Oil and Gas have potential to improve overall economy without adverse on other sector By Josef Keas Sheehama Although Namibia's oil and gas industry has the potential to boost the country's economy, careful management and diversification are essential to ensuring that this potential is realized without detrimental effects on other industries. Namibia, along with other African countries, is emerging as an attractive oil and gas opportunity due to legislative changes that make the market more appealing. Namibia's […] today19 June, 2024
insert_link Namibia Namibia’s Rating Upgraded: Importance for the Country and Its People By Josef Kefas Sheehama Periodically, the Namibian government establishes policies to address the unstable state of the economy. Encouraging economic growth requires policymakers to put in place measures that support investment, innovation, and entrepreneurship. Therefore, the government can assist in fostering an environment that is conducive to business and promotes employment and economic growth. As an Independent Economic and Business Researcher, I therefore wholeheartedly commend the […] today6 June, 2024
insert_link Local Small businesses big impact: Boosting SMEs to drive economic growth In the face of a recovering economy, soaring inflation, and high interest rates, small business owners in Namibia are navigating challenging times. Now more than ever, supporting Small and Medium Enterprises (SMEs) is imperative, given their significant contribution to the Namibian economy. It is estimated that there are over 40 000 SMEs in Namibia, supporting the livelihoods of more than 200 000 people and contributing approximately […] today28 May, 2024
insert_link Local Old Mutual Foundation launches OM SEED 2024 with N$800 000 in support of grassroots entrepreneurs in Ohangwena, Zambezi, Oshikoto, and Kavango West Regions The Old Mutual Foundation has launched its third edition of the highly anticipated Old Mutual Sustainable, Economic, and Empowerment Drive (OM SEED) today with a total investment of N$800 000 in support of grassroots entrepreneurs in Ohangwena, Zambezi, Oshikoto, and Kavango West Regions Following the remarkable impact achieved in the Erongo, Kavango East and Hardap regions in 2022 and 2023, the Foundation is extending the initiative to […] today23 May, 2024
insert_link Business / Economics New salmon farm at Lüderitz to create 600 fobs Namibia has broken ground on the largest salmon farm at Lüderitz today. Facilitated by the Namibia Investment Promotion and Development Board, Benguela Blue Aqua Farming is set to pioneer salmon farming in Namibia and become one of the largest salmon farming projects in Africa. The project is expected to create 600 direct and about 1500 indirect jobs. Here’s Johannes Aldrian, the Co-Founder and Managing Director of Benguela Blue Aqua Farming, […] today2 May, 2024
insert_link World Jobs for young Africans: new data tool reveals trends and red flags By Katharina Fenz, Vienna University of Economics and Business An estimated 23.6 million young Africans (aged 15-35) are unemployed – that’s one in 22 (4.5%). With this number projected to grow to 27 million by 2030, the need for jobs is critical. But the key to good policies for job creation is good data. Against this backdrop, the World Data Lab (a data enterprise producing estimates […] today2 May, 2024
insert_link Entertainment South Africa’s conservation model: why expanding the use of biodiversity to generate money is a good idea By Hayley Clements, Stellenbosch University; Alta De Vos, Stellenbosch University, and Matthew Child, University of Pretoria South Africa’s government is calling for public comments on an updated version of its existing biodiversity economy plan. The National Biodiversity Economy Strategy aims to conserve biodiversity while also contributing to job creation and economic growth. It proposes to do this by promoting sustainable use of the country’s natural resources. The […] today5 April, 2024
