insert_link Namibia Unemployment Rate Projected to Reach And Exceed 63% in 2024 The unemployment rate is projected to hit 57.79% in 2024, according to recent data from the national statistics agency. The impact varies widely, especially affecting individuals aged 18 to 34 who struggle to secure employment. Cathy Kambanda, Director of Nation Mental Health Care Namibia, highlights the diverse effects this high unemployment rate has on mental well-being and financial stability. Psychological Councillor Marcella Katjijova also added het two cents. todayJuly 22, 2024 98
insert_link South Africa Don’t leave workers behind in green transition: SAfrica president This afternoon, South Africa's President Cyril Ramaphosa reaffirmed the nation's commitment to transitioning towards renewable energy but insisted that communities and workers must not lose out. Africa's most industrialised economy is one of the world's largest greenhouse-gas emitters, relying on coal for 80 percent of electricity generation. The fossil fuel is a bedrock of the economy, employing more than 100,000 people. "We are in reality facing a climate […] todayJuly 15, 2024 16
insert_link World Modi’s narrow win suggests Indian voters saw through religious rhetoric, opting instead to curtail his political power Supporters of the ruling Bharatiya Janata Party dance at a party office in Guwahati, India, during counting of India’s national election on June 4, 2024. AP Photo/Anupam Nath By Sumit Ganguly, Indiana University India’s ruling Bharatiya Janata Party, or BJP, had hoped for a landslide victory in the country’s six-week general election – the largest display of democracy, by far, in a year of voting around the […] todayJune 5, 2024 17
insert_link South Africa ANC set to lose majority after watershed vote By Umberto BACCHI with Zama LUTHULI in Durban South Africa's ruling ANC was on course to lose its 30-year-old unchallenged majority on Thursday after voters queued long into the night to cast their ballots, preliminary results and projections showed. With a fifth of votes tallied, the ANC was leading but with a score of 44 percent -- well down on the 57 percent it […] todayMay 30, 2024 28
insert_link 2 Opinion Pieces Economic and Business Advice for the next President Opinion Piece by Josef Kefas Sheehama There are a number of important business and economic issues that the incoming President should take care of as we anticipate the upcoming presidential and national assembly elections. As an independent researcher in economic and business matters, I advise the incoming president to prioritize trade and industrial policies and foster positive relationships with international trade in order to attract investors […] todayMay 28, 2024 22 2
insert_link Africa Week in Review: Namibia’s Green Hydrogen deal, Soth Africa’s unemployment crisis, and More https://youtu.be/2avUM787GnY Top Stories: Namibia's Green Hydrogen Deal: President Nangolo Mbumba led Namibia’s participation at the World Hydrogen 2024 Summit in the Netherlands, securing green hydrogen supply agreements with the Netherlands, Germany, and Belgium. Government Election Spending: The Institute for Public Policy Research's Quarterly Economic Review examines government spending on elections since independence. IPPR Executive Director Graham Hopwood provides insights. Pending Allowances: Despite National Assembly approval, increased allowances for pensioners […] todayMay 17, 2024 16
insert_link Namibia Kunene Governor Advocates for Inclusive Employment in Green Hydrogen Sector Kunene Governor Marius Sheya emphasizes the necessity of extending employment opportunities in the green hydrogen sector to all Namibians, including school dropouts, during a visit to Erongo Governor Neville Andre Itope's office. Sheya underscores the skills gap in Kunene and proposes the establishment of training centers to provide opportunities for upskilling. He emphasizes that not all roles in green hydrogen projects require advanced degrees and calls for coordinated investment […] todayMay 16, 2024 22
insert_link South Africa South Africa’s Labour observers and economists are not expecting much of a shift in the unemployment rate South Africa's Labour observers and economists are not expecting much of a shift in the unemployment rate. Statistics South Africa is set to release the unemployment figures in its Quarterly Labour Force Survey this week. The last data released for the fourth quarter of 2023 saw official unemployment tick up to 32.1 percent. Economist Dawie Roodt urged flexibility in dealing with the job crisis pending the outcome of the […] todayMay 14, 2024 27
insert_link Business / Economics U.S unemployment claims hit highest level since August The U.S economy has seen the highest number of unemployment claims since last August. The Federal Reserve has been trying to dampen hiring in an effort to get inflation under control, but the latest weekly figures may raise fears of an increased level of layoffs. Nick Harper reports from Washington. todayMay 10, 2024 35