UNEMPLOYMENT: Slow economic transformation, skills mismatches and a lack of employability skills are fuelling Namibia’s high unemployment rate, according to National Planning Commission Deputy Executive Director for Macroeconomic Planning, Sylvester Mbangu.
Speaking at an Economic Association of Namibia discussion on Wednesday, Mbangu said the country has failed to develop sufficient higher-skilled employment opportunities, particularly in manufacturing, leaving many Namibians in low-paying service sector jobs.
He called for greater investment in technical and employability skills, particularly among young people, to improve their prospects in the labour market.
#TheBrief #Namibia #Unemployment #YouthUnemployment #JobCreation #SkillsDevelopment #EconomicTransformation #NamibianEconomy #Employment #EconomicGrowth @HSFNamibia@BankWindhoek@FNBNamibia@EANamibia@NPC_Namibia
Namibia's persistently high unemployment rate is being driven by slow economic transformation, with limited industrial development and skills mismatches preventing the economy from creating sufficient jobs, according to the National Planning Commission (NPC).
NPC Deputy Executive Director for Macroeconomic Planning, Sylvester Mbangu, said the country's economic structure has failed to shift towards manufacturing and other productive industries capable of absorbing unemployed workers and creating higher-paying jobs.
Speaking at the Economic Association of Namibia's public discussion on national skills and employment on Wednesday, Mbangu said Namibia's development trajectory has differed from that of industrialised and industrialising economies.
“Namibia's stubborn high unemployment is explained, to a greater extent, in my opinion, by the country's economic structural transformation, which is very slow and has not followed the classical development path observed in many industrialised or industrialising economies,” he said.
https://t.co/ptqlDIbKpC #namibia #jobcreation #industrialisation #economictransformation #unemployment #skillsdevelopment @NPC_Namibia@EANamibia
Dr Mbuende will lead the Namibian delegation to the COP31, taking place from next week in Antalya, Türkiye. He will hold bilateral engagements with government representatives and other key stakeholders, providing an opportunity to further strengthen diplomatic and economic ties.
STRENGTHENING NAMIBIA–TÜRKIYE BILATERAL RELATIONS
Today, the Director-General of the National Planning Commission, Ambassador Dr Kaire Mbuende, received a courtesy call from the Ambassador of the Republic of Türkiye to Namibia, Her Excellency Fikriye Aslı Güven. (thread)
Ambassador Dr Mbuende noted that Namibia and Türkiye are like-minded countries on several global development issues, providing a strong foundation for deepening cooperation and advancing shared development interests.
Save the date:
The National Planning Commission (NPC) is pleased to announce that the Second Namibia Public-Private Forum (NAMPPF II) will be held on 25–26 November 2026 under the theme: “From Commitment to Competitiveness: Accelerating Investment, PPPs and Job Creation.”
Dr. Mbuende reaffirmed the NPC’s commitment to creating the enabling conditions for inclusive green industrialisation, including advancing the Green Industrialisation Policy, strengthening Government coordination and establishing a coherent policy and institutional framework.
Addressing the African Green Industries Summit 2026, Amb. Dr. Kaire Mbuende said Namibia’s green industrialisation ambition goes beyond how much green hydrogen the country can produce. The focus must also be on what Namibia can manufacture, beneficiate & build from it. 1/4
Dr. Mbuende emphasised the importance of ensuring that Namibian businesses and workers participate in the emerging green industrialisation value chains, through local value addition, industrial development, job creation and economic opportunities.3/3
He was speaking at the African Green Industries Summit 2026 in Swakopmund today. He reaffirmed the NPC’s commitment to creating the enabling conditions for the sector including advancing the Green Industrialisation Policy, and strengthening Government coordination. 4/4
Dr. Mbuende emphasised the importance of ensuring that Namibian businesses and workers participate in the emerging green industrialisation value chains, through local value addition, industrial development, job creation and economic opportunities.3/4
National Planning Commission Director General Amb. Kaire Mbuende says Namibia must retain more value from its natural resources through increased local processing, manufacturing and business development as the country advances its green industrialisation agenda.
Speaking at the African Green Industries Summit, Mbuende said the transition will require investment in infrastructure, energy, finance, local content and skills development, alongside stronger ESG considerations.
He said government cannot drive the transition alone, calling for greater participation from the private sector, financial and training institutions, communities, entrepreneurs, women and young people.
#AfricanGreenIndustriesSummit #Namibia #GreenIndustrialisation #GreenEconomy #LocalContent #Manufacturing #ValueAddition #EnergyTransition #SkillsDevelopment #Investment #SustainableDevelopment @MME_Nam@CoMinesNamibia@NIPDB@SASSCAL_ORG@NPC_Namibia@nampowernamibia@gh2namibia@GondwanaLodges@REIAoN
Just a day before Namibia hosts the African Green Industries Summit in Swakopmund.
We look forward to impactful engagements that eventually translate into tangible projects.
Visit us at the Ongwediva Trade Fair and let’s engage on issues related to Namibia’s development, from development planning and budgeting to resource mobilisation, development cooperation, monitoring and evaluation, and much more.
NPC Executive Director Mr I-Ben Nashandi received a courtesy visit from an Agribank team led by CEO Mr Robert Eiman to discuss aligning agricultural financing with Namibia’s national development priorities.
…seeks industry input to help shape country's green industrialisation investment strategy
Namibia has launched public consultations on its draft Sectoral Transformation Investment Plan (s-TIP) as it seeks to unlock up to US$250 million in concessional financing to accelerate green industrialisation and attract significantly larger private and development investment.
Speaking at the launch of the Climate Investment Funds (CIF) Industry Decarbonisation Programme validation workshop in Windhoek, National Planning Commission Acting Executive Director Sylvester Mbangu said the investment plan will position Namibia to seek approval from the CIF Trust Fund Committee later this year.
Mbangu said the proposed funding is intended to reduce investment risk and mobilise substantially more capital from multilateral development banks, development partners and the private sector.
"The opportunity before us is significant. Namibia is preparing an investment plan that could position the country to access up to US$250 million in concessional CIF capital," he said.
https://t.co/aonScBN5Fk #namibia #investment #funding #industrialisation #privatesector @NPC_Namibia@gh2namibia
NPC joins other OMAs at the 2026 Public Service Day commemoration in Swakopmund. Visit our exhibition stand at The Dome to learn more about Namibia's national development plans, reports and economic priorities.