insert_link World Youth unemployment rate at 15-year low, says ILO Youth from all corners of the country met at Helao Nafidi, in the Ohangwena Region, on Monday to commemorate International Youth Day. In a related development, the number of young people unemployed globally is at a 15-year low but countries in Asia, the Pacific region, and Arab States - and women in particular - “are not seeing the benefits” of this post-COVID economic recovery, the International Labour Organisation said […] todayAugust 13, 2024 19
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 […] todayJune 19, 2024 33
insert_link 1 Business / Economics Capricorn Foundation invests N$1 million in youth employment initiative In response to the high youth unemployment rate, the Capricorn Foundation has pledged to invest N$1 million in Bank Windhoek's Young Talent Programme. The funds are earmarked for The Capricorn Academy for School Leavers, a new initiative under Bank Windhoek's overarching Young Talent Programme. Here’s Marlize Horn, the bank’s Group Executive for Brand & Corporate Affairs. todayMay 9, 2024 387 1
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 […] todayMay 2, 2024 28
insert_link South Africa SA’s Youth Capital advocates for public employment programmes and internships SA's Youth Capital advocates for public employment programmes and internships as solutions to bridge the gap between inexperienced job seekers and employers. This aligns with president Cyril Ramaphosa’s call for employers to consider hiring individuals lacking work experience. Youth Capital project lead, Kristal Duncan, emphasised to Newzroom Afrika that internship programmes offering pathways to employment could effectively address unemployment issues. todayJanuary 26, 2024 19
insert_link 15 Namibia Epukiro RC Metsweding community wants employment opportunities from road project The Epukiro RC Metsweding community has called on Namibbeton Road Contractors to employ 70 per cent of the youth in the area in exchange for using their water and gravel resources. In a letter addressed to Okarukambe constituency councillor Rocco Nguvauva on Thursday, the community asked the company to fulfil its social responsibility by rehabilitating various water points and boreholes. These facilities would not only supply water to the […] todayJanuary 22, 2024 21 15
insert_link Namibia Vice President Mbumba calls for expanded job opportunities for the youth Vice President Nangolo Mbumba is calling on the public and private sectors to open up employment opportunities not only for National Youth Service graduates but also for university graduates. Mbumba says the government recognises the plight of the youth and the many challenges they face, such as a lack of skills and high unemployment. According to the Vice President, the government has prioritised addressing these challenges through various institutions. todayDecember 12, 2023 36
insert_link 2 Business / Economics Director of SME Compete wants increased support for SMEs The Director of SME Compete, Danny Meyer says SMEs need support to enable them to help with the country’s economic recovery efforts. INSERT: ENG Danny Meyer SME's todayNovember 28, 2023 22 2
insert_link Business / Economics Government launches ‘My First Job’ program to address youth unemployment To combat the high youth unemployment rate of 48%, the government is launching the "My First Job" program, comprising the Youth Employment Tax Incentive and National Internship Programme. Led by the Ministry of Finance and Public Enterprises, the Ministry of Higher Education, Technology & Innovation, and the Namibia Investment Promotion and Development Board, the initiative addresses graduate unemployment by providing initial industry experience for school leavers and graduates. todayNovember 23, 2023 63
