The performance of SOEs should be marked by organizational effectiveness, efficiencies in their operations and enhanced productive capacity in order for them to play their meaningful role of facilitating the expansion of developmental economies of scale that could contribute to infrastructure development and economic growth and job creation.
The informal groups are formed by the individuals to satisfy their social needs of affiliation, and they emerge on their own.
With Covid-19 facilitating a mass shift towards remote work, the digital nomad phenomenon is set for continued expansion in the coming years, as businesses offload expensive office space, and employers and employees alike become more accustomed to working remotely.
The economics of green hydrogen is challenging today, primarily because the underlying costs, skill, knowledge and availability of renewable energy sources vary widely.
An education without technology does not prepare Namibians with the skills that the world requires. Technology should be omnipresent in education. It is the demand for change that propels education systems to produce a country’s innovators, inventors, creators, problem solvers, entrepreneurs, global citizens, change makers and critical thinkers.
The proposal is questionable, and it comes at a time when people are facing undue hardship, including a high cost of living. As such, Namibians see themselves as being caught between the devil and the deep sea. The introduction of tollgates become another punishment for Namibia.
In its report, the IMF trimmed its 2023 global GDP growth forecast to 2.7%, 0.2 points down from July expectations. Its world growth forecast for this year remains unchanged at 3.2%.
The mid-term budget review plays a critical role in the entire budgetary process because it sets the tone for the fiscal framework for the next main budget.
First, let us define what economic success is. Economic success includes employment generation, higher earnings per capita, the number of people pulled up from below poverty, higher gross fixed capital formation by not just industries, but households as well and few others.
There is strong pressure to improve the performance and quality of services delivered by SOEs. Namibia State-Owned Enterprises are facing a wide range of issues, from insolvency, weak accounting systems, and the corporate governance issues.