Category: Economic Development
Only N$141.9 Million Switched on Last GC26 Auction
In a last ditch attempt by the central bank to get more investors to switch their investments to the GC26 Bond, only N$141.9 million of the available N$1.9 billion was switched. This means there is a number of institutional and…
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…
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…