NAMIBIA TRAINS 2000 ENTREPRENEURS UNDER EMPRETEC
Article by: Business Express EMPRETEC Namibia which first trained entrepreneurs on 16 October 2019 has now trained close to 2000 entrepreneurs of which about 30% were vulnerable categories, Minister of Industrialisation and Trade, Lucia Iipumbu has said. EMPRETEC Namibia, is a collaboration between the Ministry and UNDP Namibia with the aim to train MSMEs and larger […]
THE MUTUAL RESPONSIBILITY OF LENDERS & BORROWERS
29/02/2024 DBN Executive for Marketing and Corporate Communication, Jerome Mutumba, talks about the mutual responsibilities of lending and borrowing In the wake of the repeated calls for write-offs of loan repayments for small and medium enterprises issued with the purpose of enhancing Namibia’s development, economic activity and prosperity, Development bank of Namibia (DBN) Executive for […]
IRDNC: LEADING THE WAY IN SUSTAINABLE DEVELOPMENT
01 March 2024 By Daniel Munyanya, Final Year Student, University of Namibia Introduction: Empowering Communities for Sustainable Futures Nestled within Namibia’s communal lands lies a beacon of hope for both people and wildlife: The Integrated Rural Development and Nature Conservation (IRDNC). As a final year student at the University of Namibia, my internship journey with […]
CAPRICORN GROUP ANNOUNCES APPOINTMENT OF NEW GROUP CEO
David Nuyoma, Group CEO of Capricorn Group 15 November 2023 The Chairman of the Capricorn Group Board, Mr. Gerhard Fourie, announced that the recruitment process for the position of Group CEO of Capricorn Group has been successfully concluded. The Capricorn Board has approved the appointment of Mr. David Nuyoma as the Group CEO Designate with […]
WHAT DOES THE FUTURE HOLD FOR MSMES?
In 2017 the United Nations General Assembly designated 27 June as the day in the calendar year on which to recognise the vital role played by micro, small and medium enterprises (MSMEs) in the economy. While it did not come as a surprise, recognising the important wealth and job creation role of MSMEs globally was […]
THE MISSING ‘S’ IN ESG INVESTMENT DECISIONS
Inequality and its related social challenges are persistent realities in Southern Africa, so much so that it has unfortunately characterised the region unfavourably. Socio-economic challenges such as unemployment, lack of access to quality healthcare, water, education and inadequate infrastructure can be found under a myriad of news headlines and country evaluations. With this being the […]
THE US BANKING CRISIS AND THE RISKS FOR NAMIBIA
Economic Pulse – June 2023 The largest global banking crisis since 2008 emerged in March this year, resulting in US regulators shutting down and selling three small- to mid-sized banks over the span of five days. In the same month, in Europe, troubled Swiss giant, Credit Suisse was take-over by a rival bank in a […]
TAKING STOCK OF 2023 SO FAR
Economic Pulse – May 2023 2023 was off to a flying start, with the first quarter of the year being a generally positive one for Namibia in terms of economic and financial developments. On the economic front, preliminary National Accounts data from the Namibia Statistics Agency show that Namibia recorded real GDP growth of 4.6% […]
TECHNOLOGY, AI AND JOB DISPLACEMENT
Economic Pulse – March 2023 The advent of new technologies has often raised concern that new, often more efficient ways of doing things, will lead to job displacement. This fear has not been limited to blue-collar jobs, as white-collar jobs have been equally “threatened” by the introduction of technologies such as calculators on computers. In […]
THE AGE OF THE DIGITAL NOMAD VISA : NAMIBIA JOINS THE CLUB
Economic Pulse – February 2023 Digital nomad visas have been rising in the popularity as the number of people working remotely has increased in recent years. Remote working became a necessity during the pandemic-induced lockdowns and most of us have had to adapt to getting the job done outside of the customary office environment. This […]