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The Power of the Mind in Corporate for 2024
By: Anton Westraadt Believe it or not, much of what we encounter within a corporate setup is influenced by our perspective. The initial thought we have sets the stage for how situations unfold. Leading a team requires keen attention to…
Govt Failing on Mass Housing Targets … Only 4 240 Housing Units Completed Since 2013
By: Justicia Shipena The government’s ambitious Mass Housing Development Programme (MHDP) has only managed to construct a little over 4,000 housing units since its inception in 2014. A brainchild of former President Hifikepunye Pohamba, the mass housing project was launched…
Namibia Continues to Struggle with Electricity Generation …Imports 63.5% in October
By: Nghiinomenwa-vali Erastus Namibia faced a significant energy challenge in October as the country only managed to generate 36.5% of its total electricity demand. As a result, the country imported the remaining 63.5% from neighbouring countries to meet demand. According…
Over 8,000 Taxpayers at Risk of Missing Tax Refunds
By: Justicia Shipena Over 8,000 Namibian taxpayers face the possibility of not receiving their anticipated tax refunds due to missing bank account details in their profiles at the Namibia Revenue Agency (NamRA). NamRA recently announced its scheduled tax refund payments…
Govt to Waive N$126 Million in Corporate Taxes for Skills Development
By: Nghiinomenwa-vali Erastus and Abigail Nalisa The government is set to waive N$126 million in corporate income tax revenue in an attempt to encourage employers to recruit more interns. This move, constituting 2% to 5% of corporate income tax (non-mining…
Mining and Agriculture Propel Namibia’s Q3 Economic Growth
By: Justicia Shipena Namibia experienced substantial economic growth in the third quarter of 2023, primarily driven by the mining and agriculture sectors, according to the Namibia Statistics Agency (NSA). The GDP report for Q3 2023, released on Thursday, reveals positive…
Govt Deploys Nearly 300 Tractors to Regions
By: Nghiinomenwa-vali Erastus The Ministry of Agriculture, Water and Land Reform has announced that it has delivered nearly 298 additional tractors, supplementing the existing fleet of 194, across various crop-producing regions. This move is aimed at addressing challenges faced by…
Madison Identifies High-grade Uranium at Khan Project
By: Staff writer Madison Metals’s Khan project in Namibia has the potential to contain new high-grade uranium discoveries, says chairperson and CEO Duane Parnham. The project located southwest of the Rössing mine near Arandis and fast becoming a valuable asset…
Surge in Vehicle Sales Recorded in Six Years
By: Staff Writer Namibia has witnessed a remarkable surge in vehicle sales in 2023, reaching the highest figures since 2017. Between January and November, a total of 11,944 new vehicles were sold, recording an impressive performance in the sector compared…
GIZ Donates N$3,5 Million Items to Boost Startups
By: Elizabeth Magongo The Ministry of Industrialisation and Trade (MIT) has received a donation of items to support startups valued at N$3.5 million from the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ). The items, which includes vehicles, furniture, and industrial machinery,…