Author: Maihapa Ndjavera (Maihapa Ndjavera )

Vice President Nangolo Mbumba has invited Russian entrepreneurs and investors to Namibia as potential stakeholders in the development of mineral resources and the production of green hydrogen.

Namibia’s trade relations with Russia suffered a negative blow in 2022, mainly due to the ongoing conflict between Russia and Ukraine. However, Namibia’s trade minister now believes this depressed state of affairs can be reversed to once again enhance the trade relations. 

The relationship between Namibia and Russia is etched in blood. 

Namibia’s very own official trading barcode, 631, also known as a product identification code, was finally unveiled this week after a protracted finalisation process.

Chamber of Mines CEO, Veston Malango believes the Namibian mining sector supports the overall objectives of the National Equitable Economic Empowerment Framework (NEEEF).

Normal Namibian citizens are finding it increasingly challenging to afford basic necessities.

Electricity consumers, which is basically every individual and business in the country, were yesterday slapped with another increase in an already challenging economic environment.

Micro, small and medium enterprises (MSMEs) will receive training in critical digital skills as well as tools to successfully compete in the global economy. 

Trade ministry executive director Sikongo Haihambo says Namibia is one of a few jurisdictions that still registers and regulates Close Corporations (CCs) as business entities. 

Since its introduction, land tax has raised over N$400 million in revenue for the Land Acquisition and Development Fund (LADF), and is currently adding about N$10 million annually to the fund’s coffers.