• January 17th, 2019
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Unemployed youth scramble for 40 rail jobs at Ondangwa

ONDANGWA - Hordes of unemployed youth yesterday flocked to TransNamib’s Nehale lyaMpingana Railway Station to scramble for about 40 labourer jobs available to repair the railway line from Ondangwa to Oshikango on a six month contract. The applicants, who had gathered to submit their application forms through the fence, had to endure rain showers but soldiered on.

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Lower GDP pushed public debt up 17% in 2018

WINDHOEK - Lower than expected Gross Domestic Product (GDP) during the last three years has resulted in higher public debt. In the Ministry of Finance’s Fiscal Strategy 2015 the public debt, excluding guarantees, for the 2017/18 financial year was projected to be 26.4 percent of GDP but in fact reached 43.3 percent of GDP in 2018, representing an increase of 16.9 percent.