-says cost outweighs benefit
-Cabinet backs plan in principle
-funding gap stands at N$2.5bn
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Author: Maihapa Ndjavera (Maihapa Ndjavera )
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Government to fast-track tax relief measures
Deputy finance minister Maureen Hinda-Mbuende says the implementation of measures to provide tax relief to taxpayers will be fast-tracked.
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Inside green hydrogen house
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.
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NaCC labels pension administrators a cartel
The Namibia Competition Commission (NaCC) has concluded the pension fund administrators’ market can be considered an oligopolistic market.
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Toll roads ahead…pay to drive proposed on 23 roads
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.
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Uaandja: Namibia continues to export jobs
Namibia Investment and Promotion Development Board (NIPDB) CEO Nangula Uaandja has reiterated that Namibia continues to export much-needed jobs to other countries.
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Namibia removes investment bottlenecks…as One Stop Centre commits to ease of doing business
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.
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No brakes on central government debt…expected to reach N$138.4 billion this financial year
The public debt stock is expected to increase to N$138.4 billion, equivalent to 69.6% of gross domestic product in FY2022/23. This shocking figure was shared by the finance minister Iipumbu Shiimi last week as he tabled a 2022/23 mid-term budget review in the National Assembly.
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Osona village tackles power supply
Rapid population growth at Osona Village near Okahandja necessitated the upgrade of the power grid from 1MVA to 2MVA. The residential and commercial property area has over 8 000 residents and more than 1 600 housing units.
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Hyphen allegedly requests competition delay
Hyphen Hydrogen Energy, originally proposed a standstill on development of other hydrogen projects until the end of a defined feasibility period as well as a ‘most favoured project’ obligation on the part of Namibian government.