HLPNE finds institutional disconnect, skills mismatch as catalysts for unemployment rate

HLPNE finds institutional disconnect, skills mismatch as catalysts for unemployment rate
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Namibian Presidency

The High-Level Panel on the Namibian Economy (HLPNE) is working on a report on unemployment it will hand over to President Hage Geingob.
HLPNE has found institutional disconnect, lack of incentives for local companies and skills mismatch as catalysts for a 34% national unemployment rate and more than 40% youth unemployment rate.
The panel held a two-day seminar in Windhoek recently on employment creation, in partnership with the International Labour Organisation and the Ministry of Labour.
It found that Namibia has a number of job creation programmes with Government institutions and ministries, which are not well coordinated and compete for limited resources.
The seminar wished to elevate higher education to a level that it helps citizens become self-reliant, compete globally and use skills and knowledge gained for their welfare.
HLPNE's economic growth summit about seven weeks ago secured about N$20 billion worth of pledges.
Its report on employment creation in Namibia is meant to identify bottlenecks and help President Hage Geingob and his administration tackle unemployment in a meaningful way.