• drought relief prolonged to June 2025 • tax amnesty extended Finance minister Iipumbu Shiimi finally tabled the Appropriation Amendment Bill yesterday, against the background of persistent and devastating droughts. As such, the mid-term budget provides for additional spending of N$3.6 billion. Additional expenditure requests of N$8.3 billion were received for consideration. When tabling the main...
Author: Edgar Brandt (Edgar Brandt )
N$60m Nam beef on Chinese tables … mutton, chevon on cards
Namibian beef exports to China have experienced significant growth, hitting the N$60 million per annum mark. This is according to the latest data shared by the trade ministry. It underscores the deepening trade relationship between Namibia and China. “Namibian beef exports increased to over N$59.92 million in 2023, up from N$50.02 million in 2022. This...
Katjavivi takes swipe at absent MPs
Uncertainty reigned once more in the National Assembly as no quorum could be established for the tabling of the mid-term budget yesterday. National Assembly Speaker Peter Katjavivi described the situation as “unbearable” two days in a row. The Speaker also expressed disappointment over the general conduct of parliamentarians, which often results in sessions starting late,...
Black November comes early with a Chery on top
Instead of a Black Friday, Chery Namibia has kicked off with Black November, and it has started early. This means savings up to N$50 000 on the majestic Chery compact SUVs that continue with an impressive resurgence in the domestic vehicle market. Speaking to Woema, Vincent van Rooyen, sales manager Chery Namibia, said Black November...
African aviation pays price for high fuel costs
Africa has the highest average into-wing fuel price globally. This fact alone is stifling Africa’s aviation sector simply because jet fuel typically constitutes the largest operational cost for an airline, currently at around 30% of total industry budgets. There is no doubt that regions or airlines with higher fuel prices are disadvantaged in terms of...
National budget urged to ‘boost business activity’
“We need the national budget to enable small businesses to grow so that we can train more people and employ more people. This way the economy will also be able to grow,” said Jeremia Matheas, a small business owner in Windhoek. “We only hear about the budget, but we don’t see any of its benefits....
N$18 !khō!oamaris ge 2025ǁî kurib !aroma a ǁawoǁawosa … ǁgâusîsenaon tsî !garo!ā sîsenaon nî kurikorobe ǀgapiǀgapibahese
1 !Khanni 2025 disa xus ge !hū!nāsise a mîǁguisa ǁ-îs a ǀoro !gôab di hōǂgāmarisa(NWM) hoa Namibibiaǁîn, ǁgâusîsenaon tsî !garo!ā sîsenaon ǀguina ǂoa tsi, N$18 ai ǀgui ira mātarehe. Nēs ra ǂâibasens ge, ǁnā sîsenaon hîa N$18 xa a ǀorose ǀgui iri !aroma ra mātarehen di maris nî ǁnās !oagu unuhesa. Nau ǀkhāb ais ge...
N$18 minimum wage set for 2025 …with domestic and farm workers to receive gradual increases
On 1 January 2025 the national minimum wage (NMW) for all Namibians, except domestic and agricultural workers, will be N$18 per hour, meaning wages of workers currently earning less than N$18 must be adjusted to at least that amount. Meanwhile, the minimum wages for domestic and agriculture workers will be increased gradually over a three-year...
M&Z Motors takes servicing a step above the rest
Some of the most crucial aspects, besides affordability and reliability to consider when purchasing a vehicle, is the service cost as well as readily available and reasonably-priced spare parts. In the case of JAC Motors Namibia, all these serviceable boxes are ticked as a fully-stocked parts’ warehouse ensures that all wear and tear parts are...
NAC’s financial statements up-to-date
The Namibia Airports Company (NAC)’s recently-concluded annual general meeting marked a significant achievement for the company in that it is now up-to-date and fully-compliant with the submission of its audited annual financial statements (AFS). The recent AGM, held at the end of September, was chaired by NAC board chairperson Leake Hangala, who announced the company...