Author: Maihapa Ndjavera (Maihapa Ndjavera )

By the end of last month, over 300 000 warrants of arrest for traffic offenders were still to be executed.

Finance minister Iipumbu Shiimi last month stated in his mid-term budget review in the National Assembly that an allocation has been made for the national census to be undertaken in FY2023/24. 

Bank of Namibia (BoN) governor Johannes ǃGawaxab said ensuring optimal local content in the exploitation of resources must remain prominent. He thus urged for the finalisation and adoption of the country’s local content policy, which he said is of paramount importance.

-says cost outweighs benefit
-Cabinet backs plan in principle 
-funding gap stands at N$2.5bn

Deputy finance minister Maureen Hinda-Mbuende says the implementation of measures to provide tax relief to taxpayers will be fast-tracked. 

​​​​​​​Namibia is en route to achieving large-scale, low-cost renewable energy development, designing models for sustainably maximising fiscal revenue and local development in renewable energy investments as well as green ammonia production.  

The Namibia Competition Commission (NaCC) has concluded the pension fund administrators’ market can be considered an oligopolistic market. 

As a revenue alternative, the Road Fund Administration (RFA) has reiterated its stance that toll roads are a possible solution to collect taxes to fund road infrastructure in the country. 

Namibia Investment and Promotion Development Board (NIPDB) CEO Nangula Uaandja has reiterated that Namibia continues to export much-needed jobs to other countries. 

At the launch of Namibia’s One Stop Centre for investors on Friday, trade minister Lucia Iipumbu said this development is a crucial investment facilitation mechanism, where relevant government offices are coordinated at a single point to provide prompt, efficient and transparent services to investors.