LOCAL CONTENT KEY TO OIL, GAS DEVELOPMENT
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Local content should be treated as an economic development strategy and not simply as a regulatory requirement.
Local content should be treated as an economic development strategy and not simply as a regulatory requirement.
The Southern African Development Community (SADC) needs to accelerate the establishment of a regional development fund in order to financially boost regional industrialisation through core investments.
Research and innovation are gaining momentum in Namibia, with universities and government institutions calling for more investment to tackle socio-economic challenges and drive economic growth.
The International University of Management (IUM) is among the institutions promoting this approach.
A growing mismatch between skills provided by education systems and those demanded by modern and high-growth industries contributes to millions of young people in Africa remaining unemployed or underemployed.
The Kunene Region's small-scale mining sector has been facing several challenges despite its significant potential in mineral resources.
Creatives continue to actively position themselves to grow the industry that has the potential to drive economic growth, create employment, and foster cultural development.
Namibia's economy is expected to grow by 2.1% this year before strengthening to 2.8% in 2027.
The Bank of Namibia says the recovery will be supported by improved agricultural output, strong uranium mining and continued growth in wholesale and retail trade and construction.
The Namibia Biomass Industrial Group says the participation of key exhibitors contributed significantly to the success of this year's Biomass Fair at Otjiwarongo.
The Minister of Environment, Forestry and Tourism, Indileni Daniel, has called for greater investment in Namibia's biomass industry, saying the sector has the potential to create jobs, restore degraded land and drive economic growth.
The 9th Southern African Development Community-SADC Industrial Week has concluded in Durban, South Africa, with the region agreeing to accelerate industrialisation.