Author: Maihapa Ndjavera (Maihapa Ndjavera )

With six months left for the final leg of the tax amnesty programme, 235 505 taxpayers are in arrears with the Namibia Revenue Agency. 

THE diamond sector is facing a significant challenge of low international demand. Coupled with a G7 decision to route all diamonds through Belgium, this poses a serious risk to the well-being of Namibia’s diamond mining sector.

China has been Namibia’s second-largest trading partner for many years, and bilateral trade volumes between the two countries exceeded US$1.3 billion in 2023, with year-on-year growth of 16.5%. 

Namibia Power Corporation (NamPower) has requested a 14.59% increase in electricity tariffs from the Electricity Control Board (ECB) for the 2024/25 financial year.

Last week, the finance and public enterprises ministry presented its N$8.1 billion budget to Parliament for consideration and approval.

Deputy finance minister Maureen Hinda-Mbuende is not impressed with the profits made by commercial banks at the expense of households, who struggle to keep up with the escalating cost of living. 

Considering that Namibia is the world’s second-largest uranium producer, it is quite ironic that the country remains confronted with a persistent power supply deficiency which sees it annually importing some 70% of its electricity. 

There is no doubt that cattle breeding is the major agricultural industry in Namibia’s Omaheke region, where both commercial and communal farmers participate vigorously in animal husbandry. 

With the rapid advancement of technology, the global cybersecurity landscape is continuously evolving and through these developments, new threats emerge on a regular basis.

NAMIBIA is falling behind in its readiness to enter a burgeoning oil and gas sector, according to Finance and Public Enterprises Minister, Iipumbu Shiimi, who says the country must adequately prepare to fully reap the benefits of a lucrative hydrocarbon industry.