Category: National
NamRA Generates N$4.3 Billion Through Tax Amnesty
By: Dolly Menas and Kavee Vezemburuka The Namibia Revenue Agency (NamRA) has so far collected N$4.3 billion through its tax amnesty programme, which began on 1 April 2023. The initiative was designed to provide relief to taxpayers struggling…
Few Smart Water-Use Proposals Submitted for Funding … call to move away from traditional water management practices
By: Nghiinomenwa-vali Erastus Out of over 50 water project proposals submitted to the African Water Investment Action Plan, only a few offered innovative solutions that move beyond traditional methods, focusing on smart water use. An assessment of the…
Recognising the Unmarked Graves of Liberation Veterans
By: Uakutura Kambaekua For decades, numerous Namibians who fought and died for the country’s independence during the liberation war have been buried in mass or unmarked graves scattered across the country. The remains of these brave men and…
Sellers in 99-Year Farm Lease Summoned to Court
By: Hertha Ekandjo The sellers of the farms Rainhoff and Wolfsgrund, sold to Russian billionaire Rashid Sardarov in 2018, have been summoned by Judge Orben Sibeya to clarify their involvement in the controversial deal. The farms, located east…
Breaking Generational Barriers: Mubita is the First in His Family to Attend University
By: Kavee Vezemburuka Abel Siseho Mubita, a 31-year-old security guard at the Namibia University of Science and Technology (NUST), recently graduated with a Bachelor of Criminal Justice in Policing from the same institution, becoming the first in his family…
Manufacturing Sector Faces Competitiveness Challenges … incentives set to expire by December 2025
By: Justicia Shipena The abolishment of export incentives that favoured companies manufacturing goods in Namibia poses a serious threat to the country’s competitiveness, according to the Namibia Investment Promotion and Development Board (NIPDB). NIPDB Chief Executive Officer, Nangula…
Namcor Was on the Verge of Liquidation Before N$1.2 Billion Lifeline
By: Erikka Koukulunhu The National Petroleum Corporation of Namibia (Namcor) Acting Managing Director Ebson Uanguta revealed that the petroleum corporation was on the brink of liquidation before the government stepped in with a N$1.2 billion lifeline from state funds. A…
Vehicle Sales Sector Recovery Not Guaranteed
By: Staff Writer The vehicle sales sector experienced a 2.4% year-on-year (y/y) decline in the 12 months ending in September 2024. According to analysts from IJG, this decline was largely driven by a continued drop in demand for passenger…
Repo Rate Expected to Decrease
Dolly Menas, Loise Shiimi Economic analysts expect the Bank of Namibia’s (BoN) Monetary Policy Committee (MPC) to cut the repo rate on Wednesday. BoN will announce the MPC’s decision after offering consumers relief in August and lowering the repo rate…
Half of EU Millions for Green Hydrogen Spent … N$95.2 million invested in green hydrogen strategy
By: Justicia Shipena Nearly half of the €40 million (approximately N$764 million) allocated to Namibia’s green hydrogen project from the European Union has already been spent. As Namibia advances its efforts to develop a green hydrogen industry, it…