Namibian Economy

INTERVIEW: Business Expert Josef Sheehama on Beef Exports: Seizing Namibia’s Growth Opportunity

Introduction: Namibia’s Unique Position in the Global Beef Market Namibia has long been a key player in the global beef export market, particularly to China, which has emerged as one of the largest importers of beef worldwide. Business expert and economist, Josef Sheehama, sees this as a significant opportunity for Namibia to further grow its beef exports and strengthen its position in the international market. The China Advantage: A Golden […]

6 May, 2025 69

Business / Economics

Interview: Josef Sheehama on Rent: A Call for Fairness and Stability in Namibia’s Property Market

In a recent statement, Business and Economics researcher Josef Sheehama discussed the potential impacts of a rent strike in Namibia, drawing comparisons to similar actions, such as the "blackout" protests in the U.S. against wealth inequality. Sheehama's analysis raises important concerns about the rising cost of housing in Namibia and stresses the need for fairness and stability in the property market. The Impact of a Rent Strike in Namibia's […]

10 March, 2025 38

Interview Transcripts

Interview: Ben Schernick Urges Government to Implement Universal Basic Income Grant

By: Leonard Witbeen The Director of the Nutrition Alliance of Namibia, Ben Schernick, has called on the government to reconsider its approach to social protection, arguing that targeted grants are inefficient and fragmented. His remarks come in response to Finance Minister Iipumbu Shiimi’s commitment to increasing social protection investments. Schernick highlighted that Namibia’s current social grant system requires significant administrative effort and is prone to corruption. He advocates for a […]

17 February, 2025 72

Interview Transcripts

Interview: Musutua Slams Shiimi Over Lack of Action on Poverty

Activist Rinaani Musutua has taken a firm stance against Finance Minister Iipumbu Shiimi, condemning what she calls decades of unfulfilled promises regarding poverty eradication and unemployment in Namibia. Musutua argues that the government’s approach to social grants has been ineffective, particularly criticizing targeted programs such as the Conditional Basic Income Grant, which she refers to as a rebranded Harambee cash grant. She insists that such measures fail to make a […]

17 February, 2025 21

Namibia

Musutua Blasts Shiimi Over Poverty Crisis, Demands Universal Grant

Activist Rinaani Musutua has taken aim at Finance Minister Iipumbu Shiimi, accusing the government of continuously making empty promises while failing to tackle Namibia’s deepening poverty crisis. Musutua argues that the only viable solution is the implementation of a Universal Basic Income Grant, which she believes would provide meaningful financial relief to struggling citizens. In the interim, Ben Schernick, Director of the Nutrition Alliance of Namibia, has voiced concerns over […]

17 February, 2025 51

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Dr. Sam Nujoma

Business Community Pays Tribute to Founding Father Sam Nujoma

The Chamber of Commerce and Industry honored the late Founding Father, Dr. Sam Nujoma, for his pivotal role in the country's economic and political development. Speaking at a memorial event, NCCI Director Vetumbuavi Mungunda highlighted Nujoma’s contributions, including his efforts to unify Namibia’s business sector, champion infrastructure projects, and promote economic self-sufficiency. Nujoma’s legacy as a visionary leader committed to national prosperity remains a guiding force for Namibia’s business community.

15 February, 2025 67 4

Local

Basic Income Grant Coalition of Namibia Applauds President-Elect Netumbo Nandi-Ndaitwa and Continues to Advocate for a Universal Basic Income Grant for all Namibians.

The Basic Income Grant Coalition of Namibia congratulates Honorable Netumbo Nandi-Ndaitwa on her election as President of the Republic of Namibia, historically Namibia’s first and Africa’s second female president. We took note of her promise of economic justice and freedom for all Namibians, as articulated during her campaign. In alignment with these promises, we strongly re-emphasize the need for implementing a Universal Basic Income Grant (UBIG) of at least […]

6 December, 2024 44

Business / Economics

FNB Namibia Offers Drought Relief Loans to Farmers

FNB Namibia is stepping up to assist farmers affected by the ongoing drought in the country. In line with the Bank of Namibia’s recent policy changes, FNB is offering loan moratoriums, restructuring, and emergency funding under preferential terms to qualifying agricultural clients. These measures aim to provide financial relief to farmers until October 2026. CEO Sepo Haihambo emphasized that the bank is committed to supporting Namibia's agricultural sector, which is […]

5 December, 2024 27

Business / Economics

Cirrus Capital’s Groenewald Offers Insight on Central Bank’s Interest Rate Decision

The Bank of Namibia In October lowered its main interest rate, citing a faster-than-anticipated decline in inflation and the need for economic support. At that point in time, the Monetary Policy Committee unanimously agreed to reduce the repo rate by 25 basis points, bringing it to 7.25%. Cirrus Capital economist Tannan Groenewald shares his outlook on what the Bank might do next. ENG Tannan Groenewald repo

4 December, 2024 31