WINDHOEK: The Minister of Finance and Public Enterprises, Iipumbu Shiimi has tabled the Income Tax Amendment Act of 2024 in the National Assembly. The Act aims to provide tax relief to individuals and non-mining companies.
The Bill will amend Schedul…
Addis Ababa: The Ethiopian Securities Exchange (ESX) will commence its operation in October 2024, ESX Director-General Tilahun Kassahun told the Ethiopian News Agency.
He said that preparations, including collecting finances, have been carried out to…
Addis Ababa: African countries must work hand in hand to realize the African Continental Free Trade Area (AfCFTA) as it is a very important agreement that enables African countries to deal without customs, administrative, and bureaucratic constraints,…
Addis Ababa: The Macroeconomic reform policy which Ethiopia has embarked on has created great opportunity for competitive investment in the country, Indian investor Mayur Kothari said.
Speaking to ENA, Chairperson of Indian Mohan Group PLC in Ethiopi…
Addis Ababa: The National Bank of Ethiopia (NBE) announced that it has concluded the Special Foreign Exchange Auction held today with a weighted average rate of Birr 107.9 per USD.
In its statement, the central bank said the auction saw the participa…
WINDHOEK: The mining industry’s contribution to government revenue grew significantly from N.dollars 4.4 billion in 2022 to N.dollars 6.8 billion in 2023 and continues to be the largest contributor to the national economy in terms of direct and indire…
WINDHOEK: Tom Alweendo, Minister of Mines and Energy, has called for collaborative efforts to overcome obstacles and embrace possibilities in the mining sector.
Alweendo stated this on Wednesday at the 11th Mining Expo and Conference in Windhoek, u…
WINDHOEK: The Capricorn Foundation recently donated 10 infusion pumps valued at N.dollars 264 500 to the Gobabis State Hospital Pediatric Ward.
These pumps are essential for administering fluids to malnourished children admitted to the ward.
Veripur…
WINDHOEK: The National Housing Enterprise (NHE) has a housing backlog of 300 000, with 120 000 applicants on its waiting list since 2005.
NHE Chief Executive Officer Gisbertus Mukulu while speaking at the Government Information Centre here on Tuesday…
A periodic magistrate’s court is set to open in the Oshikoto regional capital of Omuthiya by the end of October this year to help reduce the number of cases handled by the Ondangwa Magistrate’s Court.
Ondangwa Magistrate’s Court chief legal clerk, Ch…
Addis Ababa: The Government has embarked on implementing sustained macroeconomic policy with the aim of achieving continuous growth and ensuring comprehensive benefits for citizens, Minister of Planning and Development, Fitsum Asefa said.
The ministe…
Addis Ababa: Ethiopia’s full-scale implementation of the macroeconomic policy has enabled it to collect a total of over 27 billion USD resources from various sources, Finance State Minister Eyob Tekalign said.
Recall that the government recently reve…
Addis Ababa: Prime Minister Abiy Ahmed revealed that the abundance of wheat production in Borena demonstrates the country’s hope is real.
‘Seeing the Borena area, which was hit by famine a year ago, now with an abundance of wheat production, shows th…
The first-ever annual Atusheni Agricultural and Community Show to empower and uplift women, youth, and start-ups commenced at Omuthiya on Thursday.
According to its coordinator, Maria Shikongo, 47 exhibitors, the majority of which are from nearby vil…
WINDHOEK: Minister of Mines and Energy, Tom Alweendo says there is significant growth and heightened interest in Namibia’s oil and gas resources both offshore and onshore.
Alweendo was speaking at the launch of ‘Wells to Wheels’, Namibia’s official o…