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Posts by Maihapa Ndjavera:
Despite disruptions to economic activities triggered by Covid-19, the local charcoal industry remains one of the growing industries in the country. Popular Democratic Movement (PDM) parliamentarian Vipuakuje Muharukua said the allocation of N$279 million of the national budget towards the youth ministry, and an average of less than 4% to the agricultural sector constitutes a mockery of any efforts at improving the plight of young Namibians. ǀAeǁgams !ā!khōmais ge ǁîs ūhâ !kharagagu koro xoakhâigu khoen hîa !hū!âdi !aroma ge ǂganamsenn dīn dide nî ǀguiǀgui, ǁnān hîa ge 2014ǁî kurib !nâ gere dīhe ǂgui !gôab !nâ xoamâisens !nâ !â in di ǀondi tsîna !khōǂgā hâse. According to the report released yesterday by the Institute for Public Policy Research (IPPR), there is generally low compliance with the Public Procurement Act by the State-owned enterprises. Namibia’s interest payments on debt as a percentage of revenue increased from 11.9% to 13.2% in the 2020/21 financial year. Namibia has the highest cost of electricity in the southern African region for commercial and large-scale businesses, making it difficult to attract manufacturers and businesses. During the launch of Namibia Health Financing Reform Study this week by the Economic Association of Namibia, Muine Samahiya, a consultant, said analysts have suggested transforming the Public Servants Employee Medical Aid Scheme (PSEMAS) into a national fund, covering both public and private employees. The construction of the new freeway between Windhoek and the Hosea Kutako International Airport (HKIA) is expected to be concluded in the next three years. Namibia Transport and Allied Workers Union (NATAU) general secretary Narina Pollmann has pleaded with public enterprises minister Leon Jooste to intervene in TransNamib’s precarious situation, warning that failing to do so would result in unspecified actions. The City of Windhoek recorded an income of about N$4 billion for the 2020/21 period, which is a decrease from N$4.5 billion during the 2019/20 period. Minister of finance Iipumbu Shiimi last week said the short transitional period of one year poses a challenge for affected companies in terms of preparedness to exit from the previous incentivised tax regime to a normal tax system. Chairperson of the Central Procurement Board of Namibia (CPBN) Patrick Swartz yesterday said contract management remains one of the biggest challenges the board faces.