Namibia will be susceptible to this financial contagion in the short to medium-term, but I disagree with the Monetary Policy Committee (MPC) of the Bank of Namibia’s assessment that tariffs will have little immediate effect on GDP. It is critical to recognise that Namibia’s economy is comparatively small, and a reduction in revenue from international...
Opinions
Opinion – A smarter way to build your future
Loans typically have a negative connotation. Most people think of borrowing as a last resort, something to be avoided at all costs. But what if a loan could be more than just a way of funding an unexpected expense? What if it could be a way of enabling you to build a better tomorrow? Borrowing...
Opinion – Avoiding financial default for SMEs
Preventing default is essential for Small and Medium Enterprises (SMEs) aiming to maintain a healthy financial status and sustain long-term growth. Here are a few strategic approaches businesses can adopt to avoid financial distress: Business rescue and restructuring Early intervention is critical when financial challenges arise. Business rescue involves formal procedures to rehabilitate financially distressed...
Opinion – Introducing ‘NNN innovation of governance’
Since independence, Namibia, as a sovereign state, has been using macro-economic policies, such as the fiscal policy, to address macroeconomic problems in the country. I am passionate about this subject and felt the only way to honour the late Dr Sam Nujoma’s legacy and leadership is by investing in my personality, studying toward a master’s...
Opinion – Pathology of criminal justice process, procedure in Namibia
Normally, the criminal justice process starts and ends at specific points, between which certain steps must be followed chronologically until the process concludes. The process begins when a crime is reported to the authorities. Once a person is suspected of committing that crime, criminal law and procedures come into play, prescribing the steps to be...
Opinion – Namibia Reads App: A digital library in your pocket
In pursuit of its strategic objective to improve core skills in numeracy and literacy in basic education, the ministry of education—now known as the Ministry of Education, Innovation, Youth, Sport, Arts and Culture—through the Directorate of Namibia Library and Archives Service (NLAS), has introduced the Namibia Reads Application, a transformative digital library initiative. Launched in...
Opinion – Addressing unseen wounds of war
I doubt many of us can fathom the mystery of how the trauma experienced by our ancestors still influences the way we think, feel, and act. Studies on the psychological harm of Namibia’s conflicted history are sparse, but similar experiences from elsewhere may help fill the gaps in understanding the inter-generational nature of trauma. Trauma...
Opinion – Economic resilience through talent, leadership development
Namibia stands at a defining moment. With abundant natural resources, a young and dynamic population and strategic positioning within the region, the nation holds significant promise for long-term prosperity. However, to fully unlock this potential, we must look beyond economic fundamentals and focus on what drives true resilience – our people and the leadership we...
Opinion – Pothole economy: Filling people’s pockets
With the blessed rains we have received since the beginning of the year, we have been fortunate as Namibians. The entire country has been generously soaked, and not a moment too soon. Our roads are the only part of our nation that did not benefit from the rain. Namibia boasts some of Africa’s best roads...
Opinion – Sitting at decision-making table
My name is Willem Amutenya, a child of the liberation struggle, born in Lubango, Angola, and hailing from Lihongo village in the Oshikoto region. I am a product of student politics, groomed at the University of Namibia, where I pursued my Honours Degree in Education (Science). I have served my country at various levels: as...