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News / Page 15
Namibia’s Import Half a Billion worth of Maize in Three Months
By: Justicia Shipena In the last 3 months of 2024, Namibia consumers through their millers have imported N$564.7 million worth of maize to meet local demand. Contributing more than 50% to the overall cereal grain import bill of N$862.9 million for the quarter. Maize is the main input in various finished food products including […]
MTC’s Invest N$1.4 Million in Bursary Program
By: Loise Shiimi In a continued effort to support education and skills development in Namibia, Mobile Telecommunications Limited (MTC) has awarded bursaries worth N$1.4 million to six students pursuing higher education. The announcement was made on Wednesday during the company’s annual bursary handover ceremony. The bursary recipients are enrolled in various fields, including Accounting, […]
D-Day for Multinationals and Taxpayers Engaging in Transfer Pricing
By: David Shoombe The Namibia Revenue Agency (NamRA) has given taxpayers and multinational corporations involved in transfer pricing a three-month deadline to comply with tax regulations. This follows the launch of the Tax Inspectors Without Borders initiative, a collaboration with the United Nations Development Programme (UNDP) aimed at strengthening tax collection and administration in […]
Green Hydrogen Could Stabilise Fertiliser Prices – Green Hydrogen Organisation
By: Justicia Shipena The Green Hydrogen Organisation has stated that green hydrogen-based fertiliser can provide a more stable pricing environment compared to natural gas-based alternatives. Joes Williams, deputy CEO of the organisation, explained that traditional fertiliser prices fluctuate with natural gas costs, creating economic uncertainty. However, green ammonia—produced using green hydrogen—could offer a more […]
MTC Receives N$31 Million in Subsidy to Enhance ICT Infrastructure
By: Nghiinomenwa-vali Erastus The government through the Communication Regulatory Authority of Namibia has allocated N$31 million in subsidy to the Mobile Telecommunication, (MTC) to develop nine telecommunications sites. The sites will be built in the various Regions that are still below 80% 4G coverage. This is part of the government commitment to the Universal […]
Irrigation Clients Drown in N$23.9m Water Debts
By: Nghiinomenwa-vali Erastus A new water debt breakdown shows that the agricultural sector is one of the sectors struggling to service its water bills. The breakdown by the water utility shows that Etunda Irrigation, NDC Naute Dam Date farm, and other individual irrigation clients owe N$23.9 million in unpaid water bills. The biggest defaulters […]
80-year Impact of the World Bank and IMF Questioned
By: Dwight Links Members of Parliaments from around the world were looking at the 80-year impact of these institutions up to now and indicated their annoyance at the approaches that these institutions have used towards assisting development. Namibia’s parliamentary standing committee Economics Public Administration also attended the 2024 edition of the Global Parliament […]
The Ripple Effect: U.S-RSA Tensions on Namibia’s Economy
By: Justicia Shipena The diplomatic rift between South Africa and the United States could have economic implications for Namibia, given the interconnected trade ties with the southern neighbor. This follows U.S. Secretary of State Marco Rubio’s declaration of South Africa’s ambassador to Washington, Ebrahim Rasool, as persona non grata, labeling him a […]
2,4 Million Kilograms of Chicken Imported In January
By: Nghiinomenwa-vali Erastus and Justicia Shipena In January 2025, Namibia sought chicken meat from three continents—Europe, South America, and Africa to meet its local supply. The country imported 2.4 million kilograms of chicken from six countries to fill the gap and meet growing demand. This is according to the Monthly Statistics for January […]
New e-Visa Service Hits 3,000 Applications in Two Weeks
By: Justicia Shipena Namibia’s newly launched e-Visa on Arrival service has processed more than 3,000 successful applications within just two weeks, the Namibia Promotion and Developmental Board (NIPDB) revealed. The online visa-on-arrival application portal, introduced two weeks ago, allows those traveling to Namibia to apply for a visa from the comfort of wherever […]