Author: Nghiinomenwa-vali Erastus
Capricorn Foundation to Capitalize Christ Hope Food Garden Projects
By: Nghiinomenwa-vali The Christ Hope has received N$300 000 in seed capital from the Capricorn Foundation for the centre to commence its mass food gardening project. The three gardens to be commenced will benefit 637 children and 380 families…
It Rained Cash at Bank of Namibia Bond Auction
By: Nghiinomenwa-vali Erastus In interesting events at the Bank of Namibia government bonds auction on Wednesday, the treasury decided to borrow more money than they advertised last week. In the advert last week, the central bank invited investors to…
Nam Borrowing To Consume, Not To Produce
By: Nghiinomenwa-vali Erastus Debt has been used more for consumption than investment, in the last 16 years. An assessment by Simonis Storm based on the private sector credit extension indicates the amount of money lent to the private sector….
The Chronicles of SOEs Market Capture and Inefficient Costly Dominance
By: Nghiinomenwa-vali Erastus Legalised monopolies operating as State Owned Enterprises have created anticompetitive effects, becoming barriers to the participation of efficient and transformative private players. An assessment by the World Bank contained in a Private Sector Diagonastic report for…
Nam Consumers Spend N$3,7bn On SA Goods In June
By: Nghiinomenwa-vali Erastus For June 2022, Namibian consumers have bought N$3,7 billion worth of goods from South Africa. However, Namibians only managed to sell N$1,5 billion worth of goods to South Africans during the same period, the June 2022…
The Kavango Regions’ Economic Potential Chorus
By: Nghiinomenwa-vali Erastus Beyond the agricultural sector, the two Kavango regions have been cited for having massive economic potential, especially food security. Despite this lauded potential, the two regions host most of the green schemes (seven of them), with many…
800 Start-Ups Tried Their Luck With Old Mutual SEED Initiative
By: Nghiinomenwa-vali Erastus Start-ups and potential entrepreneurs from three towns have submitted over 800 applications to the Old Mutual SEED initiatives in the hope for their idea/concept or business to win some seed capital. These entrepreneurs and potential entrepreneurs…
City of Windhoek Services Delivery Under Significant Threat
By: Nghiinomenwa-vali Erastus The latest analysis of the City of Windhoek’s finance indicates that it cannot afford to provide the necessary services and facilitate economic activities for all social classes. Moreover, the councillors’ scrutiny of the latest budget has…
Nam Stuck In Middle-Income Trap
By: Nghiinomenwa-vali Erastus To escape the middle-income trap, Namibia must focus on building a diversified private sector, stated World Bank researchers in their Country’s Private Sector Diagnostic report. Namibia, which transitioned from a lower-middle- to an upper-middle-income country in…
65,936 Jobseekers Registered Since 2019 Only 2,282 Placed
By: Nghiinomenwa-vali Erastus In the last three years and six months, 65 936 unemployed and underemployed Namibians have digitally flocked to the ministry of labour’s online system in the hope of securing jobs or a better one. However, in…