By: Justicia Shipena The Namibia Revenue Agency (NamRA) has surpassed its revenue target for the financial year FY2024/5, collecting a net total of N$88.6 billion to beat the target of N$85.3 billion. According to the agency’s report, their gross revenue collection reached N$98.9 billion, with refunds amounting to N$10.4 billion for the period from 01 […]
By: Nghiinomenwa-vali Erastus According to analysts, the reciprocal trade tariffs (21%) imposed by the United States of America are based on their trade deficit with Namibia divided by the value of their imports. The latest statistics for January and February 2025, as prepared by the Namibia Statistics Agency (NSA), show that the USA companies exported […]
By: Justicia Shipena Transport permits will no longer be treated as trading commodities, says Works and Transport Minister Veikko Nekundi. Permit holders have until 30 September 2025 to convert their indefinite permits into new transitional ones. Nekundi made the announcement on Tuesday in the National Assembly while providing an update on the rollout of the […]
By: Justicia Shipena The tariffs imposed by the United States on Namibia may reduce the competitiveness of Namibian beef and fish exports in the US market, according to the International Relations and Trade Ministry. Last week, U.S. President Donald Trump levied a 21% import duty on Namibian goods, citing the long-term downturn in US […]
By: Hee-Dee Walenga Kirsty Coventry made history on 20 March 2025, by being elected as the new President of the International Olympic Committee (IOC). Coventry became the first woman and first African to hold the prestigious title. She is also the youngest (41) president since Pierre de Coubertin, the founder of the modern Olympic Games. […]
By: Nghiinomenwa-vali Erastus For this financial year (2025/26) the government will procure N$60.8 billion worth of goods and services under the operational and capital budget. This is from the N$96.8 billion operational and development budget as tabled by the country’s treasured financial planner, Ericha Shafudah, at the end of March 2025. The remainder of this […]
By: Annakleta Haikera Residents of Tumweneni, an informal settlement in Rundu, Kavango East, are raising alarms over the felling of trees in their community, warning that it could endanger both food security and access to shade. Their concerns highlight a broader struggle between development needs and environmental conservation. For Carolina Petrus, a […]
By: Hee-Dee Walenga Two weeks ago, President Netumbo Nandi-Ndaitwah announced the new Executive Branch of Government that will lead Namibia for the next five years. The announcement came with quite a number of changes, one of which was the formation of a ministry that will be the new home of Namibian sports – The Ministry […]
By: Justicia Shipena The Namibian government says it moving forward with the finalisation of its Special Economic Zones (SEZ) regime. This was announced by the Finance and Social Grants Minister, Ericah Shafudah, during her recent tabling of the 2025/2026 national budget. SEZ framework intends to promote competitive industrial zones that adhere to international best […]
By: Nghiinomenwa-vali Erastus More than 5,000 importing individuals and businesses are at risk of having their import accounts suspended if they do not settle their import debt or make payment arrangements. The Namibia Revenue Agency (NamRA) announced this week. This comes after the agency found that the modality of deferring import value added tax […]