Category: Economic Development

Opinion: Economic Growth vs. Economic Development – Namibia’s Uneven Journey
By: Mike Oshoveli Namibia has immense resources and potential, but its progress tells a story of uneven benefits. While the economy has experienced growth, with industries like mining contributing significantly to the country’s GDP, this growth has not always…

Namibian Youth Pessimistic About Economic Future
By: Dwight Links A recent Africa Youth Survey has revealed that only 34% of Namibian youth believe the country’s economy is headed in the right direction, while 58% remain pessimistic about the nation’s prospects. This is the first…

Technological and Economic Shifts Could Disrupt Global Job Markets
By: Dwight Links Rapid technological advancements and economic uncertainties are set to reshape global job markets, making many current roles obsolete and leaving workers at risk of unemployment. This concern is among the key insights contained in the latest…

Africa Can Benefit From Artificial Intelligence, But Must First Develop Infrastructure
By: Staff writer Africa could reap the benefits of the fourth industrial revolution, particularly artificial intelligence (AI), but only with the right infrastructure in place. The continent currently has one of the widest digital divides. Speaking on the last…

BLNE Not Satisfied with Customs Union Revenue
By: Nghiinomenwa-vali Erastus The BLNE economies which are Botswana, Lesotho, Namibia, and Eswatini are concerned that they are not getting a fair share of customs union revenue. These countries are part of the Southern Africa Customs Union (SACU)…

Continental Union Body Advocates for Workers’ Rights in AfCFTA
By: Dwight Links The International Trade Union Confederation Africa (ITUC-Africa) has reaffirmed its commitment to advancing the interests of African workers under the framework of the African Continental Free Trade Agreement (AfCFTA). During a recent visit to Namibia, ITUC-Africa’s…

Windhoek Forms Partnerships to Boost Education and Urban Development
By: Dolly Menas and David Shoombe The City of Windhoek (CoW), Welwitchia University, and Namibia Airports Company (NAC) have signed a Memorandum of Understanding (MoU) aimed at fostering a sustainable future through enhanced educational and urban infrastructure initiatives….

China Offers to Train Namibia’s Skilled Workforce
By: Hileni Inane China has pledged to expand training programs in Namibia to strengthen the country’s skilled workforce in support of its industrialisation and modernisation goals. Chinese Ambassador to Namibia, Zhao Weiping, highlighted that Namibia faces a pressing…

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…