News Namibia Economy: President calls for greater value from Namibia’s fisheries sector
Staff Reporter PRESIDENT Netumbo Nandi-Ndaitwah has called for Namibia’s fisheries sector to deliver greater economic value, sustainable employment and tangible benefits to the wider population, while ...
News Namibia Economy: Namibia: Evolving the Informal Economy Must Have 'Tangible' Benefits
The informal economy is no longer on the periphery of the domestic economic landscape but has instead evolved into a powerful engine of employment, household income and economic survival. It is estimated that Namibia's informal economy accounts for 26.5% of gross domestic product (GDP) and employs close to 60% of the country's workforce.
News Namibia Economy: Namibia, Congo Seek Stronger Economic Ties
Namibia's chief diplomat, international relations minister Selma Ashipala-Musavyi was in Brazzaville last week for a three-day working visit aimed at strengthening Namibia-Congo relations. There is a particular focus on expanding trade, investment and economic cooperation between the two countries.
News Namibia Economy: Namibia pledges support for foreign mining investors driving mineral beneficiation
Namibia will continue to support foreign mining investors that create local jobs, transfer skills, and retain more economic value in the country, Minister of Industries, Mines and Energy Modestus ...
News Namibia Economy: Namibian MPs Concerned About Illegal Zimbabwean Immigrants
Legislators have expressed concern over the high number of illegal immigrants entering Namibia. Desperate Zimbabweans are reported to be seeking urgent travel documents to flee the economic crisis in their country, where daily power cuts, fuel and water shortages and a steady increase in the prices of basic commodities are the daily reality, as inflation soars.
News Namibia Economy: Namibia: Strategic Leaders in Vuca World
The notable events that faced many Namibian businesses ... regional and local weak economic performances. But decisions taken at strategic level always need to reflect the interest of various ...
News Namibia Economy: Namibia: Policy Doubt Stifles Economic Growth
THE economic growth summit slated for the end of July will clarify the government's position on issues clouded by policy uncertainties, which have suppressed growth. Policy uncertainty is regarded ...
News Namibia Economy: Debmarine Namibia to invest $468m in its seventh diamond recovery vessel
Debmarine Namibia, a joint venture between diamond miner De Beers and the Namibian government, has approved the construction of a new custom-built diamond recovery vessel, which will become the seventh such vessel in Debmarine’s fleet. The vessel, which will be built at a cost of $468-million, will start production in 2022 and is expected to add about 500 000 ct/y of production capacity to Debmarine Namibia’s output. This represents an increase of about 35% on current output levels.
News Namibia Economy: De Beers approves seventh diamond recovery vessel for Namibia
and sustained economic benefits for Namibia," Cutifani said. Bruce Cleaver, De Beers Group chief executive, said the company would be able to optimize new technology to find and recover diamonds more ...
News Namibia Economy: Milinda Moragoda invited to serve on the Advisory Network of the High-level Panel for Sustainable Ocean Economy
Milinda Moragoda has been invited to serve on the Advisory Network of the High-level Panel for a Sustainable Ocean Economy (HLP ... Kenya, Mexico, Namibia, Norway (co-chair), Palau (co-chair) and ...
News Namibia Economy: Buy local to support the economy
Buying local does more than support local businesses as it also circulates money in the local economy. Local procurement enhances the velocity of money, i.e. how fast money changes hands within ...
News Namibia Economy: Namibia: The jewel and desert
Sadly, this improvement in welfare has not yet translated into job creation and nor has it solved socio-economic inequality, according to the World Bank. Namibia has also been experiencing an economic ...
