Category: Economic Development
We Aren’t Illiterate, We are Just Economically Illiterate
Kandjengo kaMkwaanyoka One common issue I have observed from our policymakers, economic leaders, and trade facilitators is that they are all begging and calling for external experts and business leaders to come and build their economy It is absurd because…
Cow To Institutionalise Joint Working Sessions With Khomas Regional Council
The City of Windhoek (CoW) Council has agreed to institutionalise joint working sessions between the City of Windhoek, the Khomas Regional Council, and the Central Government. CoW announced that the engagement’s decision will be supported by technical teams to ensure…
N$150.9 billion of Private Capital Invested in Govt Debts
Nghiinomenwa Hangala According to the Bank of Namibia’s domestic debt security updates, domestic lenders have invested N$150.9 billion of their savings into the government to date, via bonds (fixed income and inflation-linked) and treasury bills, which are short term assets,…
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…
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…