Category: Industry

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Nangombe Admits Electrification Progress Slow

Ondangwa: The implementation of Namibia’s electrification project is moving at a snail’s pace, according to Ben Nangombe, the Executive Director of the Ministry of Mines, Energy and Industry. Nangombe said this on Tuesday during an electricity acceler…

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VAT Estimated to Increase by N.dollars 2.6 Billion

Windhoek: Finance Minister Ericah Shafudah announced that Namibia anticipates an improved performance in several domestic revenue streams, with the country’s Value Added Tax (VAT) expected to rise by N.dollars 2.6 billion.

According to Namibia Press…

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Namibia’s Economy Expected to Grow by 4.5 Per Cent

Windhoek: Namibia’s economy is projected to expand by 4.5 per cent in 2025 and 4.7 per cent in 2026, representing an increase from earlier estimates of 3.7 per cent and 4.4 per cent for the respective years. This was announced by the Minister of Finan…

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Alcohol and Tobacco Prices Surge by 6.75 Per Cent

Windhoek: Alcohol lovers and smokers now have to dig deeper into their pockets following an increase of 6.75 per cent in excise duties on wine, spirits, cigars, and cigarettes. The increase has already taken effect on 12 March 2025.

According to Nam…

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