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.
Author: Maihapa Ndjavera (Maihapa Ndjavera )
Land tax raises N$400m in revenue
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.
Uaandja: Namibian investment is an export play
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.
Rössing offers voluntary separation packages
The Rössing Uranium mine is currently offering voluntary separation packages to employees impacted by the appointment of a new mining contractor at the
mine.
NaCC against Vivo acquisition of GasIT …concerned about potential market power
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).
Rising city tariffs rub salt into consumer wounds
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.
400 000 Namibians face food insecurity…FAO recommends external food assistance to feed the needy
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.
!Gawaxab: Governors should not shun Rand criticism
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.
MPs urged to avoid politicising green hydrogen
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.
Leonardville pins hope on uranium
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.