Author: Maihapa Ndjavera (Maihapa Ndjavera )

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Namibia tackles double digit youth unemployment
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Namibia tackles double digit youth unemployment

Namibia, like many other African countries, has more people under the age of 18 than many other countries around the world. This youth population in Namibia and the rest of Africa is projected to double by 2050, which will place more and more stress on already strained economic resources. 

Fast rising repo rate  a liquidity risk- PDM
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Fast rising repo rate a liquidity risk- PDM

Popular Democratic Movement (PDM) parliamentarian Nico Smit is concerned that the fast rising repo rate goes against very basic economic fundamentals. Speaking during a media briefing on Friday, Smit cautioned that a sudden increase in the repo rate would result in a liquidity risk to the broader economy. 

Osona residents fume over power outages
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Osona residents fume over power outages

Homeowners at Osona Village just outside Okahandja have been up in arms over what they call regular power outages for almost four days. Some residents claimed their electric appliances have been damaged and perishable food spoiled during the persistent interruptions.