Economist calls for caution in implementing government handouts

Economist calls for caution in implementing government handouts

Economist calls for caution in implementing government handouts

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…
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