Author: Maihapa Ndjavera (Maihapa Ndjavera )

Namibia is dedicated to pursuing an economic diversification policy to boost the industrial and service sectors and increasing overall manufacturing output.

After a decade, the Cyber Crime Bill, along with the Data Protection Bill and the National Cyber Security Strategy, is expected to be passed in the National Assembly next year. 

The cybersecurity landscape is constantly evolving, with new threats emerging all the time. This is especially true in Namibia, which is a rapidly developing country with a growing digital economy. 

Commercial banks are among the industries with the most regulations, making it necessary that such regulations are easy to understand and implement, the Bank of Namibia’s (BoN) director of information and communication technology (ICT) Marsorry Ickua said. 

Namibia is one of the nations in Southern Africa where data is significantly more expensive than elsewhere in the region and should not continue to make a fool of itself with these elevated prices. 

It is of little use for Namibia to have trade items, regulations and policies which are workable for the country, but do not respond to regional and global trading partners.

Due to the increased interest in investing in Namibia from around the world, the nation has been busy enabling major projects, with more to follow soon.

Namibian households are still struggling to make ends meet, amidst a recessionary economic environment branded by high interest rates, rising food and fuel prices, and stagnating wages. 

Urban and rural development minister Erastus Uutoni said there is a need to reduce Namibia’s heavy reliance on the agriculture sector.