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The Importance of Political Literacy and the Right to Vote
By: Ludorf Iyambo As Namibia approaches the national elections in 2024, I have encountered numerous stakeholders working to enhance political education and literacy, particularly among young people. This is a critical effort to inform and educate young people about the significance of politics. In my observation and self-assessment, it appears that both young and older […]
Namibia’s Financial Literacy Levels Irk PM
By: Hertha Ekandjo Namibia’s first female Finance Minister Sarah Kuugongelwa-Amadhila has expressed her concern about the level of financial literacy among the Namibian population. The prime minister has called for an urgent solution and continued efforts to promote financial literacy, empowering the public to make informed financial decisions. She made these remarks during the […]
Zambezi and Kavango Farmers Advocate for Sugarcane Farming
By: Annakleta Haikera The Mukwe Constituency Councillor, Damian Maghambayi, believes that a proposed sugarcane farming project in the Kavango East region will significantly boost employment opportunities in the region and benefit Namibia as a whole. This call comes from farmers in northeastern Namibia who are urging the government to provide support for expanded […]
Namibia to Cultivate Its Own Banana Seedlings
By: Nghiinomenwa-vali Erastus The Namibian Agronomic Board has joined forces with AvaGro, a local agricultural company, to further the development of Namibia’s banana industry through research and development. NAB confirmed its partnership with AvaGro, a company specialising in climate-related agricultural solutions. The Memorandum of Understanding (MoU) between the two organisations focuses on the production of […]
Namibia Needs 400,000 Jobs to Achieve Vision 2030 Unemployment Target
By: Justicia Shipena Namibia is faced with the challenge of creating between 370,000 and 400,000 jobs within the next seven years to meet the Vision 2030 objective of reducing unemployment. This is according to economic advisor to the President and Green Hydrogen Commissioner James Mnyupe. He revealed this during the EU-Namibia Business Forum held in […]
Northern Namibia Leads in Hospitality Occupancy Rates
By: Staff Writer Namibia’s hospitality sector witnessed a 4% month-on-month decline in occupancy rates, dropping from 69% in August 2023 to 65% in September. August had marked the highest occupancy rates since the last pre-pandemic peak of 69.9%. According to research conducted by the Hospitality Association of Namibia (HAN) and economists from High Economic Intelligence […]
Repo Rate Expected to Remain Unchanged, Experts Predict
By: Justicia Shipena The Bank of Namibia (BoN) is expected to maintain the interest rate at its current level when it announces the repo rate today, following the lead by its South African counterpart. BoN’s Monetary Policy Committee (MPC) raised the repo rate by 50 basis points to 7.75% in June this year, a move […]
Relentless Price Hikes Tightening Financial Hardships …average monthly costs for a single person in Namibia is estimated at N$8,385 (excluding rent)
By: Nghiinomenwa-vali Erastus A relentless surge in the prices of essential goods and services, both globally and domestically, has outstripped nominal wage and welfare payment increases, leading to a decline in real disposable incomes. These findings are detailed in a briefing paper titled “The Global Cost of Living Crisis From A Namibian Perspective,” published by […]
Unconventional Thoughts Political Squabbles Are Hindering Economic Progress
By: Kandjengo kaMkwaanyoka IN today’s Namibian political landscape, it’s evident that various local authorities are mired in political squabbles, suspensions, and delays in decision-making. Most of the squabbles we have witnessed are primarily based on political affiliation. Unfortunately, these squabbles are hampering the nation’s economic development and social progression. The repercussions of these political […]
New Green Scheme Structure Proposed Following Agribusdev Dissolution
By: Nghiinomenwa-vali Erastus The Ministry of Agriculture has put forth a proposal to the Public Services Commission for the establishment of a new, permanent structure to oversee the Green Scheme Projects. It is anticipated that this proposed structure will receive approval by the end of this month. Minister of Agriculture, Water, and Land Reform (MAWLR), […]