The Namibian economy challenged with stagnant growth with a repeating pattern of recessions, these growth constraints threaten the Gross Domestic Product (GDP) stability unless new alternative investment and empowerment measures are introduced. The global financial sector is evolving with the swift pace of innovation, which excludes many under-developed economies while setting the developed economies in a favorable position. Domestic financial stability plays a critical role in any countries development and has far-reaching benefits for its citizens and corporations. Any country should prioritize its domestic stability as a stepping stone to later export its services to its neighbors or regional, multilateral or international partners. Well-tailored financial instruments can be linked to developing sectors within the economy to boost domestic production to sustain stronger industrial output and achieve export growth. One such instrument is the Sovereign Wealth Fund (SWF), as it ensures collective national commitment towards domestic economic and development objectives.

Firstly, the Sovereign Wealth Fund (SWF) fund ensures growth for the benefit of the country and also doesn’t operate along the regulatory boundaries or limitations of commercial banks, unlisted investments, or stricter development bank regulations as it is in essence a fund that goes directly to the market and undertakes business under the guidance of the state. Uniquely, unlike other funding initiatives and grants, a sovereign wealth fund is instituted to generate revenue through equity.

Secondly, Namibia requires empowerment policies to solve inequality, however such policies should promote cooperation between business owners and enterprises without an unbiased legislative bottlenecks. It is very important to make clear definitions about how these policies and their intention, their implications and targeted development results. This requires economic or research-based evidence to make impact assessment to ensure where it is required or not, how effective it will be and what results will manifest. Such policies always carry the pressure of political weight can easily derail impactful economic goals, if not carefully defined and applied they will threaten economic confidence and lead to business closures. This research provides suggestions on how to achieve a healthy and lasting policy position. 

Thirdly, National Empowerment Funds signifies targeted developed funding which is equitable and fairly disbursed among targeted an age groups, gender, veterans, orphans, women, etc. The purpose of an empowerment fund is to facilitate active economic participation for various potential role players in the economy that are excluded by stricter market and industry requirements. The government needs stronger initiatives to reach out to the informal segment and those that are excluded from the industry because of formality cliches.