private sector

Unemployment in Namibia – A call for multi-sectoral action

Sydwill Scholtz By: Sydwill Scholtz, Labour Analyst The Namibia Statistics Agency (NSA) released the latest 2023 unemployment statistics for the country in January 2025, and, needless to say, the results are nothing shy of shocking. The results indicate that unemployment remains a significant social challenge in the country with the inherent ripple effect of poverty and social unrest detracting from the country's economic growth and development as […]

26 February, 2025 138

South Africa

SA’s 2025 G20 Host Role a Key Business Opportunity According To Standard Bank

Standard Bank says South Africa’s role as host of the 2025 G20 Summit and its associated B20 Summit, presents a significant business opportunity. South Africa assumed the G20 Presidency in December 2024, becoming the first African country to hold the presidency of the world’s premier economic cooperation grouping. Standard Bank’s, Oscar Siziba, says the B20 Summit, the official business engagement forum of the G20, will provide a platform for private […]

13 February, 2025 89

Business / Economics

NCCI to elect business leaders and representatives across all 14 regions

NCCI President Bisey Uirab Namibia Chamber of Commerce and Industry President Bisey Uirab has announced that their extraordinary meetings will be held at branch levels in towns across all 14 regions to elect business leaders and representatives for the Chamber’s 29 branches. Uirab urged private sector stakeholders, entrepreneurs, and managers to actively participate in the chamber's structure to enhance business representation at all levels.

29 January, 2025 65

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 […]

6 January, 2025 33

Business / Economics

Economist Urges Reforms as South Africa’s GDP Shrinks by 0.3%

In S.A, North-West University Business School economist, Raymond Parsons, has called for urgent economic reforms following the disappointing gross domestic product growth figures for the third quarter, when it decreased by 0.3-percent. Parsons calls for more investment and faster reforms from both the public and private sectors to drive job-rich growth and improve the economy:

4 December, 2024 37

South Africa

Cosatu Welcomes Dip in Unemployment Rate in South Africa

S A. Union Cosatu says the slight dip in the unemployment rate is a welcome reprieve, coming on the back of three consecutive quarters of job losses. About 294-thousand more people were employed in the third quarter of this year. Cosatu’s, Matthew Parks, says unemployment remains dangerously high among young people. He says the private sector needs to come to the party by halting the flood of retrenchments […]

13 November, 2024 50

Africa

Africa’s off-grid solar sector is electrifying global investors

By Bonface Orucho, bird story agency Africa’s off-grid solar sector continues to be a magnet for investment, with recent analysis from Africa: the Big Deal emphasizing its growing appeal to investors. Despite a general decline in start-up funding across the continent over the last two years, the industry remains a clear priority for both the social impact and regular investment community. According to Laura Fortes, the senior […]

22 August, 2024 47

Local

Letshego Namibia Welcomes João Bismarck as Customer Experience Manager

In a financial industry where customer needs evolve and a seamless customer journey is paramount, Letshego Holdings Namibia is pleased to welcome João Bismarck as its new Customer Experience Manager. Bismarck is a dynamic individual who stays abreast of recent news and industry trends. He enjoys challenges that require creative thinking and constant stimulation. In his spare time, Bismarck likes to spend time with his closest friends […]

12 July, 2024 37

South Africa

South Africa: coalition government won’t fix past failures – expect the private sector to play a bigger role in delivering power, transport and security

By Lawrence Hamilton, University of the Witwatersrand To help save the planet, governments across the globe are choosing to adopt sustainable policies and encourage (or coerce) the private sector to do likewise. Given the climate crisis, most responsible governments are focusing on finding every possible means to meet existing needs without sacrificing the planet to meet the needs of future generations. In South Africa things […]

4 June, 2024 37