If a full blown economic depression in Namibia is not enough to make the president curtail foreign travel that does not specifically bring back short-term investment or donor assistance, we are at a loss to know what will.
In the modern era, the job market is fast and competitive and opportunities come in a blink of an eye. If you are not ready to grasp them, it might take a while before another opportunity presents itself.
Quite often the chance to travel is dismissed when one considers the costs associated with it.
Development Bank of Namibia (DBN) Head of Marketing and Corporate Communication, Jerome Mutumba, says that as the economy begins to improve, entrepreneurs will find greater confidence to establish SMEs, and existing SMEs will seek finance to grow.
As the Namibian economy continues to navigate serious challenges; the knock-on effect on consumers is one of the main issues keeping new SMEs awake at night.
At least 912 Telecom Namibia customers were left without telecommunication services this week, following another cable theft in the John Pandeni (Soweto) and Katutura East constituencies.
Cerebos Namibia salt packaging and distribution plant was officially opened by the Minister of Industrialisation, Trade and SME Development, Tjekero Tweya, in Windhoek this week.
The City of Windhoek has threatened to disconnect water and electricity supplies to government-run schools within the Khomas Region over non-payment.
There is no doubt that many are happy to see 2018 end. Businesses, households and government have all struggled financially over the past 12 months and can only hope that 2019 won’t be worse.
While we wish everyone a happy holiday, we caution all to take steps to prepare for a stark 2019.