Africa Links 24 with Staff Reporter
Published on 2025-04-06 07:24:46
Head of investments at Simonis Storm Max Rix has raised a red flag over the prioritisation of defence spending in the budget over the Namibia currently grappling with a high unemployment rate.
Despite the Netumbo-Nandi Ndaitwah administration promising to tackle unemployment head-on, budget allocation towards young people is eclipsed by military expenditure.
The recently tabled national budget allocated N$1.3 billion, some of which is supposed to deal with stadium construction, sports…
Read the Full article on The Namibian
