Namibia’s export revenues increased by 16.3% in April 2024, from N$8.2 billion in March.
Author: Maihapa Ndjavera (Maihapa Ndjavera )
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Bread & Butter: Youth form decisive voting bloc
As this year’s Presidential and National Assembly elections beckon, bankable solutions to Namibia’s youth unemployment crisis could decide who wins.
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Visa reciprocation non-negotiable
New regulations will require visitors from six out of the 10 countries, where most of Namibia’s tourists originate to apply for a visa to visit the country.
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FDI reaches highest level in decade…fuelled by N$33 billion oil, gas injection
Namibia has attracted global attention due to the quantity and quality of its recent oil discoveries in the Orange Basin.
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Business community airs interests as election looms
As with any political election, bread-and-butter issues inevitably come to the fore, and unavoidably have a huge impact on the outcome.
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Alweendo: Energy transition requires critical mineral sector…minister proposes leveraging Namibia’s scarce natural resou
Mines minister Tom Alweendo believes Namibia is in an opportune position to leverage her natural resources such as critical minerals to enhance economic complexity.
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Mnyupe pours cold water over environmental fears
Green hydrogen commissioner James Mnyupe said it is premature to single out the potential impact of any specific project.
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Emerging sectors fuel NSI optimism
The government has taken a strategic decision to invest in key industries, including strategic emerging areas of renewable energy, as well as oil and gas.
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Transfer duty adjustment not yet effective
Any tax reforms proposed earlier this year need to go through the relevant legislative process.
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Tax relief refunds likely in October
Taxpayers will have to hold their breath, as the new tax relief measures, which will result in tax refunds for many, are likely to come to fruition only in October.