WINDHOEK, April 12 (Xinhua) -- Namibian President Hage Geingob on Wednesday said the youth unemployment had the potential to undermine the peace and stability of the country.
Speaking at the State of the Nation address at parliament, Geingob said the insufficient job creation was attributable to investment flows that are largely concentrated in the resource sector and capital-intensive industries.
Currently the country's unemployment rate stands at 39.2 percent.
The president said that one key strategy the government is deploying to arrest the youth unemployment is promotion of high-quality vocational education and skills training.
He said last year, more than 24,000 students were enrolled in vocational institutions against the 16,000 that were targeted for.
