Namibia Economist | African Business Centre
Aug 20, 2012 · Namwater Dam Bulletin on Monday 23 September 2024, updated Tuesday 24 September. Assessing the two-pot system for Namibia: A potential alternative to compulsory preservation. Untapped potential of insurance to help MSM enterprises retain talent. Smoothed Bonus Funds for investing in uncertain times. MSM Enterprises also need insurance for ...
Markets | Namibia Economist
3 days ago · Markets | Namibia Economist. Productive Lending: Making personal loans work for you. Navigating Namibia's mining challenges: Strategies for growth and stability. Starlink’s debut offers both opportunities and drawbacks for local businesses. Renewables-led energy mix could transform Southern Africa – Africa Oil Week.
Unlocking Namibia’s economic growth and opportunities in 2023
In 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 ...
Namibia’s technological journey: Progress, potential, and
Jul 18, 2023 · Namibia’s technological journey is a collective endeavor. It requires the commitment and collaboration of government, the private sector, academia, civil society, and citizens alike. As an advocate for proper technology adoption and innovation, I believe that by investing in education, embracing emerging technologies, fostering collaboration ...
Economic diversification in Namibia: Past, present and the way …
Jul 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% ...
Oil can place Namibia among top producers by 2035 - Economist
Aug 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 Venus discovery ...
Only half of Namibia’s population has access to the internet
Nov 24, 2021 · Only about half the Namibian population has access to the internet, indicating the massive transformation that still needs to take place on a national scale to unlock the power of Namibia’s digital future. Speaking at a two-day conference hosted earlier this week on 22 and 23 November, the Chairman of the Namibia Internet Governance Forum ...
Empowering Namibia’s growth: Crucial role of SMEs and economic ...
Dec 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.
Tax amnesty programme generates N$4.3 billion
1 day ago · The Namibia Revenue Agency (NamRA) has announced that the tax amnesty programme, which was launched in April 2023, has generated N$4.3 billion in revenue, Commissioner Sam Shivute said during a media briefing, where he discussed key operational matters for NaMRA. According to Shivute, a total of 128,060 taxpayers have participated in the ...
Why Namibia must act now to guarantee fiscal stability for energy ...
Jun 20, 2023 · By NJ Ayuk, Executive Chairman, African Energy Chamber. The world is watching Namibia. To be more specific, the energy world is watching. Ever since oil and gas majors Shell (United Kingdom) and TotalEnergies (France) announced massive hydrocarbon discoveries in Namibia’s offshore Orange Basin in 2022, interest in additional exploration has been intense.