Namibia Economist | African Business Centre
WEBAug 20, 2012 · Futureproofing your finances: The importance of safeguarding your income. Nedbank embraces storytelling to boost financial literacy. Starting a business is easy, keeping it open is difficult. Growing BRICS could surpass the economic size of the G7. The critical need to protect Namibia’s environment while …
Starlink’s debut offers both opportunities and drawbacks for local ...
WEB9 hours ago · The potential opportunities: The Communications Regulatory Authority of Namibia (CRAN) should grant an operating license, given that Starlink helps local businesses comply with international regulations and standards so they can increase their global competitiveness. Local content policies must keep up with technological advancements to ensure ...
Breast cancer will be a ticking bomb, if nothing is done – Cancer ...
WEB5 hours ago · Namibia recorded 3453 cancer cases overall, with 533 cases of breast cancer, making it one of the leading cancers in the country, according to the International Agency for Research on Cancer (IARC) through the Global Cancer Observatory (GLOBOCAN) data in 2022. Furthermore, it was projected that by ...
Namibia to learn from cutting-edge industrialists such as Elon Musk
WEB1 day ago · Namibia continues to demonstrate its commitment to green industrialization by engaging with world-leading innovators such as Elon Musk, Founder of Tesla. Recently, during a high-level meeting in New York, Namibia’s Green Hydrogen Commissioner and Economic Advisor to the President, James Mnyupe, alongside H.E Dr Nangolo Mbumba, met with Musk ...
Economic diversification in Namibia: Past, present and the way …
WEBJul 18, 2023 · The unemployment rate averaged 21% from 1991 to 2021, reaching an all-time high of 24.5% in 1997 and a record low of 16.8% in 2012. But by the end of 2022, it has jumped back to 22% according to Trading Economics global macro models and analysts’ expectations. In the medium term, the Namibian unemployment rate is projected to trend around 23% ...
Unlocking Namibia’s economic growth and opportunities in 2023
WEBIn 2023, high unemployment rates are expected to persist in Namibia. According to global macro models and analysts at Trading Economics, the youth unemployment rate in Namibia is projected to be around 47.4% in 2023. This may limit the consumer spending growth in a small country like Namibia and reduce prospects for discretionary consumer ...
Oil can place Namibia among top producers by 2035 - Economist
WEBAug 16, 2023 · The Prime Minister Hon Saara Kuugongelwa-Amadhila on Wednesday reaffirmed the government’s commitment to socioeconomic development and environmental stewardship, following the discovery of two light crude oil discoveries in Namibia in the last 18 months, namely Venus and Graff in the Orange Basin. “Statistics show that the …
Empowering Namibia’s growth: Crucial role of SMEs and economic ...
WEBDec 8, 2023 · Beyond employment creation, SMEs play a pivotal role in economic growth and social development, contributing over 12% to GDP, with some estimates reaching as high as 70%. The service industry, in particular, sees SMEs accounting for a substantial 60%. These businesses are the backbone of the local economy, fostering growth, employment, and income.
Namibian inflation hits 5.6% as Cost of Living crisis deepens
WEBMay 19, 2022 · Volatility in global commodity prices and ongoing supply chain disruption will continue to stoke price pressures. The result will be even higher costs for businesses, and a deep squeeze in the cost of living for households. Furthermore, it is now or never to save Namibia from this cost of living crisis and food insecurity.
The 4th Industrial Revolution in Namibia: – Prospects and Challenges
WEBAug 17, 2023 · By Josef Kefas Sheehama. The Fourth Industrial Revolution (4IR) has the potential to transform Namibia’s economy, increase its productivity and enhance its global trade. In doing so, it would dramatically improve the wellbeing of Namibian citizens. Therefore, we cannot talk about economic transformation if …