interest rates erode consumer confidence

High inflation, interest rates erode consumer confidence

High inflation, interest rates erode consumer confidence

Tujoromajo Kasuto Uncoordinated policy frameworks and a lack of cooperation between the public and private sectors, according to the Agricultural Bank of Namibia, are obstacles in the fight against unemployment. The Bank observes that a number of initiatives aimed at reviving the labour market, such as the youth agro-based value chain initiatives, are halted by the lack of coordination between the government and private sector and other policy frameworks, making it difficult to combat the high unemployment rate. ‘’Pandemic related retrenchments and slow global trade have further worsen the number of unemployed individuals in the country. Employment is the cornerstone…
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