Category: Economic Development
BRICS Pushes for De-Dollarisation
By: David Shoombe The inclusion of two more African economic powerhouses in this year’s BRICS annual summit signals a potential shift in African countries’ economic diplomacy and strategic alliances toward this developing institution. The summit, which took place…
Beyond Words: Mbumba Calls for Action on the Pact for the Future
By: Justicia Shipena President Nangolo Mbumba has stressed that the future cannot be built on well-crafted documents alone, emphasising that tangible progress will depend on the effective implementation of initiatives like the Pact for the Future, the Global…
Agricultural Transformation Key to Ending Hunger – !Gawaxab
By: Hertha Ekandjo Governor of the Bank of Namibia, Johannes !Gawaxab, has stressed the urgent need to transform agriculture to combat hunger, reduce malnutrition, and promote economic growth. Speaking at the Bank’s 25th Annual Symposium on Thursday, he…
Opinion: Inclusivity Depends on Skills and Access to Capital
By: Kandjengo kaMkwaanyoka The word “inclusivity” is often used by many who want to appear caring, but few offer practical solutions on how to achieve it. We can shout and give passionate speeches, but building an inclusive…
World Bank Appoints First-Ever Joint Resident Representative in Namibia
By: Dolly Menas The World Bank Group has appointed Mariama Cire Sylla as its first-ever joint Resident Representative for Namibia, effective October 1, 2024. This newly created position aims to consolidate the World Bank Group’s services, offering…
Govt Could Slash N$6.77 Billion in Bonds by 2025
By: Justicia Shipena The government is set to reduce its outstanding bonds by 2025, with N$6.77 billion currently owed on GC24, GC25, and GI25 bonds, according to a report from Simonis Storm Securities. This figure is expected to…
Windhoek Electrifies 4,000 Informal Settlement Households
By: Hileni Inane The City of Windhoek (CoW) says it has electrified approximately 4,000 households in various informal settlements over the past five years. The city’s mayor, Queen Kamati, stated that this achievement demonstrates the city’s commitment to…
Blueberry Expansion Project in Divundu Draws Mixed Reactions
By: Annakleta Haikera A N$1.5 billion blueberry project in Divundu, which promises to boost the local economy and create thousands of jobs, has received mixed reactions from the community. The controversy follows Eos Capital’s recent acquisition of a 15%…
Katima Mulilo Struggles With 1,500 Housing Applications Dating Back to 2008
By: Hertha Ekandjo The Katima Mulilo Town Council is facing significant challenges in land and housing delivery as it struggles to manage a long-standing backlog of residential applications. With Katima Mulilo being the only urban area in the Zambezi…
Over 8,000 Jobs Promised for Communities Near Divundu
Staff Writer A company called Namibia Berries which is growing blueberries near Divundu in the Kavango East region has promised to create up to 8,000 new jobs for the local community over the next five to seven years, following…