insert_link Business / Economics Finance Ministry Explores Innovative Approaches to Social Welfare The Ministry of Finance is exploring new ways to support vulnerable households beyond traditional cash grants, Finance Executive Director Dr. Michael Humavindu has revealed. The social welfare program currently supports pensioners, children, foster families, people with disabilities, and poorer households through grants, including a $690 per month conditional basic income grant. However, a recent reclassification by the World Bank showed that the poverty rate has risen from 18% to 22% […] today28 August, 2025
insert_link Environment Agriculture Minister supports Bank of Namibia’s drought relief policy The Bank of Namibia has introduced a financial relief policy for farmers affected by ongoing drought, which includes loan restructuring, debt moratoriums, and emergency funding at preferential terms. Agriculture Minister Calle Schlettwein expressed support for the policy in an interview with Future Media, emphasising the need for financial products tailored to the agricultural sector's unique challenges. Minister Schlettwein, discussing Namibia's response to climate change, further highlighted the importance […] today29 October, 2024
insert_link Africa Ghana’s new vehicle tax aims to tackle pollution – expert unpacks how it’ll work and suggests reforms By Theophilus Acheampong, University of Aberdeen Ghana has introduced an annual carbon levy on vehicles and industrial emissions. It’s only the third African country to introduce an explicit carbon tax, after South Africa and Mauritius. The tax is intended to address harm associated with vehicle emissions. But it has prompted a pushback from various citizens, civic and consumer groups. The Conversation Africa’s Godfred Akoto Boafo spoke […] today16 February, 2024
insert_link Business / Economics Budget 2024-25 expectations: empowering youth, essential services, agriculture and tax reform By Josef Kefas Sheehama The Minister of Finance Hon. Iipumbu Shiimi is set to table the 2024-25 budget in February 2024. The upcoming budget is seen not just as an annual financial statement but a critical opportunity for the government to lay out a roadmap for sustained growth and equality. The Budget 2024-25 should focus on protecting and driving the recovery of lives and livelihoods of Namibians, […] today6 February, 2024
