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Non-Performing Loans Threaten Banks’ Stability
By: Justicia Shipena Economists are warning that the growing volume of non-performing loans (NPLs) in Namibia could destabilise the financial sector and jeopardise banks’ balance sheets. An increasing number of Namibians are defaulting on loans due to affordability…
World Should Brace for Global Risks in 2025
By: Dwight Links The world must prepare for a surge of global risks in the near future, according to the World Economic Forum’s (WEF) Global Risks Report. The report highlights widespread pessimism due to recent developments in 2024…
Policy Shift Needed to Support Local Tourism Entrepreneurs
By: Justicia Shipena Tourism experts are calling for policy reforms to expedite local entrepreneurs’ participation in the tourism market and enhance industry efficiency. Gitta Paetzold, CEO of the Hospitality Association of Namibia, emphasised that tourism in Namibia has…
AU Targets 45% Agriculture Output Increase by 2035
By: Dwight Links The African Union (AU) has unveiled an ambitious plan to boost Africa’s agri-food output by 45% by 2035, aiming to eradicate hunger and poverty across the continent. At a recent extraordinary summit held in Kampala,…
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: Namibia Needs Stronger Fiscal Discipline to Achieve Economic Prosperity by 2030
By: Josef Kefas Sheehama The new administration must lead the mandatory fiscal adjustment process by significantly and publicly reducing the cost of governance while Namibians wait for the inauguration of a new President. This could involve eliminating redundant roles,…
Distinguishing SMEs from Informal and Microenterprises
By: Pierre Mare The terms small and medium enterprises (SMEs), informal and microenterprises (IMEs) are often used interchangeably, but they are distinct categories of businesses with varying characteristics, particularly in areas such as finance, products, services, and training. Understanding…
Windhoek Beer Returns to Kenyan Markets
By: Dolly Menas The Namibia Breweries Limited (NBL) will once again expand into the Kenyan market, in a move aimed at broadening its market reach and growing its products on international markets. This marks the third attempt NBL has…
Kavango Regions Farmers Spared from Armyworm Devastation
By: Annakleta Haikera Farmers in the two Kavango regions have expressed relief after being spared from the recent armyworm outbreak that has ravaged fields in parts of northern Namibia. Speaking to The Villager, the farmers shared their optimism,…
Govt Urged to Promote Social Welfare
By: Mathias Hangala Lawmakers, analysts, and civil society leaders have called on the government to prioritize the social welfare of its citizens. At a recent public talk, political analyst Rui Tyitende raised concerns about unemployment, poverty, inequality, water…