Namibia continues to have historically low levels of development, but it can industrialise, pursue inclusive growth, and draw in investment by utilisingtechnological advancements. Namibia intends to licence Starlink’s operations to become known as a country that has fully grasped the potential of technical advancement to improve its citizens’ lives and stimulate its economy. Starlink’s website...
Author: Josef Kefas Sheehama (Josef Kefas Sheehama )
Opinion – China-Africa Summit: Partnership, security, economic evolution
The China-Africa Summit, held from 4 to 6 September, under the theme “Joining Hands to Advance Modernisation and Build a High-Level China-Africa Community with a Shared Future”, was attended by 53 Heads of state and government. Furthermore, China announced a US$51 billion support package to Africa over the next three years. This comprises investments in...
Opinion – BRICS could surpass G7
It is not surprising that the BRICS+ formation will usher in a new economic order if the group of seven (G7) does not pull up its socks, as thegroup’s expansion presents new economic opportunities for developing countries. There is no doubt that the establishment of the BRICS (originally Brazil, Russia, India, China and South Africa)...
Opinion – Nuclear power to boost Namibia’s energy security
Energy security demands a reduction in reliance on imported fossil fuels, as everyone braces for the potential of an impending energy apocalypse. Namibia must prioritise building a nuclear power plant reactor if it wants to surpass its current position, and become a leader in energy self-sufficiency. The most cost-effective way for Namibia to boost energy...
Letter – Namibia needs different approach to structural economy shift
To attain Vision 2030, Namibia will need to adopt structural reforms that will increase economic growth, facilitate more labour-intensive growth by opening up the labour market, and address an expensive and generally ineffective system of education, training and skills. The government should support businesses in the manufacturing, construction, and agriculture sectors, among others, paying attention...
Opinion – Oil could improve economy without adversely affecting other sectors
Although Namibia’s oil and gas industry has the potential to boost the country’s economy, careful management and diversification are essential to ensure this potential is realised without detrimental effects on other industries.
Opinion – Advice for the next president
There are a number of important business and economic issues that the incoming president should take care of as we anticipate the upcoming Presidential and National Assembly elections.
Opinion – Honest conversations with your bank
It is now crucial to understand the intricacies of the loan application process in the modern world.
Opinion – Hage Geingob’s green hydrogen dream unfolds
The late president Hage Geingob’s vision has been realised, as Namibia has made major strides to establish itself as a major player in the world of green hydrogen production.
Opinion – Fuel, electricity price hikes could accelerate inflation
The sharp rises in the cost of fuel and electricity will hurt everyone in Namibia, but the unemployed and poor will be hardest-hit.