Author: Maihapa Ndjavera (Maihapa Ndjavera )

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.

The Chief executive officer of the Namibia Investment Promotion and Development Board (NIPDB), Nangula Uaandja, says Namibia is the land of many and endless opportunities and is ready
to welcome numerous investments. 

The Rössing Uranium mine is currently offering voluntary separation packages to employees impacted by the appointment of a new mining contractor at the
mine.

The Namibian Competition Commission (NaCC) on Wednesday pronounced itself on the proposed acquisition of Triple J Energies Proprietary (GasIT) by Vivo Energy Namibia (Vivo Namibia). 

Stagnant salaries versus rampant inflation already has Namibian consumers on the defensive. Now, the City of Windhoek (CoW), with increases in water (4.5%) and refuse removal (5%), is demanding more money from already cash-strapped residents. 

An estimated 390 000 people faced acute food insecurity between January and March 2023. Exacerbating food insecurity were key factors such as high food prices and localised adverse weather that induced severe shortfalls in cereal production in 2022.

Bank of Namibia governor Johannes !Gawaxab has urged fellow Common Monetary Area (CMA) central bank governors not to shy away from pointing out the adverse impact of a weak South African Rand. 

Members of parliament were last week summoned by the minister in the Office of the Presidency, Christine ||Hoebes, cautioning them not to politicise green hydrogen for the sake of popularity, particularly in the face of the current economic climate. 

As environmental ists and wealthy farmers vehemently oppose its operations and exploration plans, Uranium One yesterday opened an office in Leonardville, amidst calls from locals to allow the company to mine in the area in the hope that jobs and investment will alleviate debilitating poverty. 

The real value of building plans approved decreased during the first quarter of 2023. This leading indicator for future construction activity, decreased year-on-year and quarter-on-quarter by 27.1% and 33.3%, respectively.