By: Peneyambeko Jonas
“Why is it that other African countries are growing their economies through manufacturing, value addition and industrialisation, while Namibia continues to depend largely on importing finished products?”
Founder of Water Engineering Africa, Tangeni Nghiwewelekwa, posed this question during a discussion on the recent increase in the repo rate by the Bank of Namibia.
His remarks have reignited a broader conversation about Namibia’s economic structure, vulnerability to external shocks, and whether the country is doing enough to build industries able to withstand global uncertainties.
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