Wednesday, August 12, 2026
SUBSCRIBE
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
DSTV WC26 Campaign
Home Business & Economy

Poor governance contributes to Namibia’s joblessness – Nujoma

by editor
April 4, 2023
in Business & Economy
6
A A

Labour, Industrial Relations and Employment Creation Minister Utoni Nujoma has highlighted poor governance as a contributing factor to Namibia’s failure to absorb most graduates into the job market.

Speaking at the launch of the development of the third National Employment Policy (NEP), Nujoma said failures to successfully implement the strategies laid out in the first NEP of 1997 have negatively weighed on set goals.

“It is regrettable that this policy of creating employment was hampered by the absence of clear implementation strategy, monitoring, evaluation and reporting mechanisms,” Nujoma said.

“In addition, the policy was not clearly defined and linked to the National Development Plans. This failure gave birth to NEP2 of 2013, with an aim of promoting full, productive, decent and freely chosen employment and reducing inequality, but still, nothing happened, hence we are here today to review and develop new policy mechanisms.”

He said despite the setback ,”which has left the country in a predicament of social unrest as the nation is revolting in demand for jobs,NEP2 showed some growth of 3.7%, but unemployment remains stubbornly high increasing to 46%, making Namibia the sixth country globally with the highest rate of youth unemployment.”

The development of NEP3 was necessitated by the finding of the evaluation which revealed that the existing policy was not fully implemented. 

“Unemployment statistics in particular among the youth, stand to have worsened significantly since the advent of Covid-19, hence the utmost sense of urgency is needed to reverse this trend. Namibia has since independence struggled to overcome developmental challenges such as high poverty, unemployment and inequality, of which the government is fully aware, therefore the reason why they are priorities in the Harambee Prosperity Plans, Vision 2030 and the NDPs,” he said.

The Labour Minister added that it is clear the conventional macroeconomic framework, which puts emphasis on the results of economic growth would automatically increase employment and reduce poverty, has not worked for Namibia, despite being classified as an upper-middle income.

“The country has struggled to translate that relatively high income into broad-based gains for the wider population,” Nujoma said, acknowledging some of the shortfalls that need to be addressed.

 

 

author avatar
editor
See Full Bio
Previous Post

Securing Serenity this Easter: Why Comprehensive Home and Vehicle Insurance Matters

Next Post

De Beers-backed Kelp Blue to start ops in June

Must Read

42 youth ventures worth N$14.7m secure funding from N$500m fund
Business & Economy

42 youth ventures worth N$14.7m secure funding from N$500m fund

September 29, 2025
!Gawaxab earns PhD in Economics from UCT
Business & Economy

!Gawaxab earns PhD in Economics from UCT

September 10, 2025
DBN youth SME funding sees only N$1.25m disbursed amid low uptake
Business & Economy

DBN youth SME funding sees only N$1.25m disbursed amid low uptake

July 23, 2025
Namibia targets to formalise 950 informal businesses by 2030
Business & Economy

Namibia targets to formalise 950 informal businesses by 2030

July 22, 2025
AfDB flags fiscal risks, urges deeper reforms in Namibia
Business & Economy

AfDB flags fiscal risks, urges deeper reforms in Namibia

July 18, 2025
Women now lead over 70% of Namibian SMEs
Business & Economy

Women now lead over 70% of Namibian SMEs

July 8, 2025
Load More

Related News

WFP seeks N$228 million to tackle Namibia’s escalating hunger crisis

WFP seeks N$228 million to tackle Namibia’s escalating hunger crisis

September 20, 2024
Portrait of a smiling woman wearing a white shirt and dark blazer, facing forward.

NAMFISA appoints Diana Katjiuongua, Matheus Iiyambula and Josef Kasera to strategic roles

May 11, 2026
Ministry of Mines receives 600+ new mining exploration applications

Ministry of Mines receives 600+ new mining exploration applications

August 7, 2024

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • Namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.