Month: July 2021

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AfCFTA: SADC PF symposium shines light on key pitfalls
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AfCFTA: SADC PF symposium shines light on key pitfalls

A regional symposium convened by the SADC Parliamentary Forum (SADC PF) for SADC parliaments last week has revealed pitfalls on the road towards the full realisation of the Africa Continental Free Trade Area (AfCFTA) and galvanised parliamentary action as the region angles for rich pickings from the colossal trade agreement.

Khomas needs critical economic intervention
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Khomas needs critical economic intervention

Khomas regional governor Laura McLeod-Katjirua has cautioned that even though the region has activities in place to help development, these efforts are still not enough compared  to the current regional unemployment rate which stands at 31.5% as per the Namibian Labour Force 2018 survey.

Government debt-to-GDP ratio rises above ceiling
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Government debt-to-GDP ratio rises above ceiling

The debt-to-GDP ratio for Namibia continued to rise further above the central government debt ceiling of 35% of gross domestic product as of March 2021. Total debt as a percentage of GDP stood at 62% at the end of March 2021, representing yearly and quarterly increases of 6.3 percentage points and 2.0 percentage points, respectively.