Author: David Shoombe
From Ordinary Lessor to 51% Shareholder
By: David Shoombe and Nghiinomenwa-vali Erastus After 14 years of leasing out their grape farm, the Namibia Youth Service (NYS) has received N$10 million in dividends from grape production. This is after moving from just being a landowner to a…
Bureaucratic Obstructions Hinders Homegrown Organic Fertiliser – Kelp Blue
By: David Shoombe and Nghiinomenwa-vali Erastus Despite gaining international recognition, Kelp Blue’s locally produced organic fertiliser, StimBlue+, remains unavailable to Namibian farmers due to outdated regulatory laws and bureaucratic processes. Kelp Blue Managing Director Fabian Shaanika revealed that while the…
NamRA, IUM Partner Up to Strengthen Research Taxation
By: David Shoombe The Namibia Revenue Agency (NamRA) and the International University of Management (IUM) have formalized their collaboration through a Memorandum of Understanding (MoU) aimed at enhancing research and capacity building in taxation and revenue management. NamRA…
Inadequate Laboratory Facilities Stalling the Country’s Research
By: David Shoombe The chief executive officer of the National Commission on Research Science and Technology (NCRST), Anicia Peters, has expressed concerns over the inadequate laboratory facilities in Namibian academic institutions, which she believes are stalling the country’s research progress….
Concerns Raised Over High Disqualification Rates in Bidding Process
By: David Shoombe The Central Procurement Board of Namibia (CPBN) has raised concerns over the alarming rate of disqualifications among bidders. According to the board, more than 50% of local businesses fail to make it to the financial stage of…
Calls Grow for Direct Budget Allocation to Constituency Councillors
By: David Shoombe, Uaueza Kanguatjivi As Namibia waits for the next national budget and prepares for its upcoming local authority and regional elections, calls for direct budget allocation to constituency councilors are gaining momentum. Analysts and politicians argue that…
D-Day for Multinationals and Taxpayers Engaging in Transfer Pricing
By: David Shoombe The Namibia Revenue Agency (NamRA) has given taxpayers and multinational corporations involved in transfer pricing a three-month deadline to comply with tax regulations. This follows the launch of the Tax Inspectors Without Borders initiative, a collaboration…
Analysts Warns of Skills Gap in Emerging Industries
By: David Shoombe Economist Salomo Hei has cautioned that Namibia’s emerging industries, such as oil and gas, require a highly skilled workforce, emphasising the need for young people to pursue education in science, commerce, and mathematics. “Industries such as oil…
NSS Take Stock on Its Contribution to Research and Information Access
By: David Shoombe In marking its 100th anniversary the Namibia Scientific Society (NSS) said it has made progress in systematic scientific research, ensuring the availability of information and advising administrative bodies. On Friday, the institution marked its 100th anniversary, and…
Namibia Courts Nigeria Over Oil & Gas Collaboration
By: David Shoombe Namibia is seeking to collaborate with Nigeria in its oil and gas sector, exploring potential partnerships in exploration, production, and refining. This was revealed by the chairperson of the Nigerian delegation during the fifth session…