Author: Nghiinomenwa-vali Erastus
Northern OMAs/Retailers Defying Beef Procurement Orders
By: Nghiinomenwa-vali Erastus Government Offices, Ministries, Agencies, and private sectors north of the Veterinary Cordon Fence are disregarding directives to procure beef products from northern farmers. This defiance, according to a latest annual report by the Meat Corporation of Namibia,…
Tax Policy Review Intensified … Double Taxation Agreements To Be Renegotiated
By: Nghiinomenwa-vali Erastus The Ministry of Finance says it has intensified its efforts to review Namibia’s tax regime with the aim of enhancing the country’s tax competitiveness. In this regard, the Ministry earlier this year established a Tax Policy Unit…
Amendments to Consider Full Maternity Pay
By: Nghiinomenwa-vali Erastus Minister of Labour, Utoni Nujoma has said proposals to extend maternity leave from 12 weeks to 20 weeks with full salaries can only be considered when the Labour Act is amended. Nujoma confirmed that the Labour Act…
Urgent Diversification Needed to Reduce SACU Revenue Dependency
By: Nghiinomenwa-vali Erastus Minister of Finance, Iipumbu Shiimi, has issued a stark call to fellow policy makers emphasising the need for Namibia to adopt a more aggressive approach to diversification to reduce its dependency on SACU for revenue. Relying on…
Surge in Fish Prices a Burden for Local Consumers
By: Nghiinomenwa-vali Erastus Fish, the once-affordable staple food in Namibia is becoming costly, experiencing a significant spike in prices since May and posing challenges for consumers. The recent spike in the price of fish is the second largest commodity price…
Private Sector Investment Key to Addressing Africa’s Climate Finance Gap
By: Nghiinomenwa-vali Erastus Africa’s climate adaptation and mitigation financing shortfall, amounting to a staggering $265 billion could be alleviated significantly through the active involvement of private capital distributors. This capital could be crucial as many African countries continue to…
Water-Saving Calls Fall on Deaf Ears in Windhoek
By: Nghiinomenwa-vali Erastus Throughout the entire month of October and the first week of November, residents and industries in Windhoek have been using excessive amounts of water despite a critical water shortage in the city. Alarmingly, the primary water…
Unconventional Thoughts: Spend Drought Relief Millions on Water Infrastructure to De-risk Agriculture
By: Nghiinomenwa-vali Erastus The occurrence of drought in our country seems like a biennial tradition. Yet, we remain unprepared to find lasting solutions for our agricultural sector. Each year, drought strikes, and we scramble to secure maize, Mahangu, fish,…
N$119 billion SOEs still begging for bailouts
By: Nghiinomenwa-vali Erastus STATE-Owned Enterprises continue to gobble up billions of taxpayers money in bailouts every financial year despite having a collective asset base valued at N$119 billions. Apart from ongoing bailouts, SOE’s have also been granted certain privileges known…
About 42% of Namibian Consumers Are In Financial Distress
By: Nghiinomenwa-vali Erastus A recent study from the Old Mutual Financial Services Monitor (OMFSM) has shed light on the financial distress faced by many working Namibians, who also express concerns about the country’s economic outlook. According to the OMFSM, only…