Namibia needs a good company law that will facilitate a protective and fertile environment for economic activity. The law must, therefore, create a business environment that is attractive to the investor and the entrepreneur to stimulate economic activity in Namibia.
Author: Maihapa Ndjavera (Maihapa Ndjavera )
Nujoma aims to identify barriers to job creation
Labour minister Utoni Nujoma said employment creation is a complex project which will require government to identify why it failed in creating employment, despite intentions to do so.
GIPF exceeds domestic investment target
The Government Institutions Pension Fund (GIPF) has invested N$5.3 billion in the domestic economy in 2022, up from N$4.8 billion in 2021.
No tolerance on corrupt civil servants – Schlettwein
Agriculture, water and land reform minister Calle Schlettwein has cautioned that theft and vandalism of water installation remain a matter of great concern in the ministry.
On the spot – Freight still the key to get TransNamib back on track
National rail service provider TransNamib remains in a challenging financial position due to its short-term cash-flow position, as well as limited rolling stock capacity. Combined with a prolonged delay in spare parts, these factors are steadily exacerbating the rail operator’s woes.
Govt repackages Covid loan scheme…only 1.3% of N$500 million utilised
In November 2020, the Bank of Namibia launched a Covid-19 SME Loan Scheme with N$500 million accessible to small and medium enterprises through participating banking institutions.
Schlettwein: Agri sector must be better resourced
Agriculture minister Calle Schlettwein said if Namibia is serious with the agricultural sector as the driver for economic growth, then much more still needs to be done for the sector.
SADC hotspots remain on agenda
The Southern African Development Community extraordinary troika summit of heads of state and government yesterday discussed the political and security situations in the region.
Public cautioned against preferential procurement
Finance minister Iipumbu Shiimi yesterday clarified that government resolved to use a portion of its expenditure in redressing socio-economic imbalances through the granting of preferential treatment or preferences in the public procurement system.
Security on SADC agenda today
The Southern African Development Community extraordinary troika summit of heads of state and government will today discuss the political and security situation in the region. The two-day summit kicked off yesterday in Windhoek.