Martin Endjala
Local economist and independent researcher, Joseph Sheehama, has strongly opposed the government’s plans to introduce a Condition of Basic Income Grant (CBIG) for every unemployed Namibian between the ages of 18 and 59.
He believes that while the initiative is commendable, it represents a temporary solution that can promote complacency in terms of innovation and creativity, hindering economic growth.Sheehama pointed out that Namibia faces a critical challenge in the form of high unemployment, which perpetuates the cycle of widespread poverty. He argued that what the country needs is entrepreneurship, not handouts.“Instead of handouts, provide a scheme to assist […]
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