Rundu: The Rundu Town Council (RTC) on Monday closed 10 businesses that were not legally registered. This move comes as part of a broader effort to ensure compliance with business and safety standards across the town.
According to Namibia Press Agen…
Windhoek: Namibia’s annual inflation rate for April 2025 stood at 3.6 per cent, a decrease from the 4.8 per cent recorded in April 2024.
According to Namibia Press Agency, this information was detailed in the Namibia Consumer Price Index (NCPI) for A…
Windhoek: The Namibian Revolutionary Transport and Manufacturing Union (NARETU) on Wednesday provided financial support to workers of Pretorious Plant Hire, who have been on strike since late March this year. “The Namibian Revolutionary Transport and …
Walvis Bay: Fishermen under the Government Employment Redress Programme (GERP) are demanding urgent reforms to the fishing quota system, claiming continued exploitation, lack of employment, and broken promises by both Government and partner companies….
Windhoek: The Office of the President has been allocated over N.dollars 1.4 billion for the 2025/2026 financial year, marking an increase from last year’s budget. Prime Minister Elijah Ngurare presented the budget in Parliament, highlighting a rise of…
Rundu: The residents of Tuhingireni informal settlement in Rundu have expressed anger and frustration over the lack of electricity in their area, blaming it for frequent criminal activity. The residents said they feel unsafe and unprotected during a c…
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…
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…
Windhoek: Minister of Finance, Ericah Shafudah, said the proposed Financial Year 2025/26 National Budget contains macroeconomic and tax policy proposals aimed at supporting economic growth through boosting domestic demand. Shafudah said this while tab…
Windhoek: The Namibian Government has outlined a strategic plan to settle its US dollars 750 million (N dollars 13.6 billion) Eurobond, which matures on 29 October 2025. A Eurobond is an international bond issued in a currency different from the curre…
Windhoek: While the nominal growth of Namibia’s public debt has stabilised, its ratio to Gross Domestic Product (GDP) has deteriorated due to lower nominal GDP outcomes, raising concerns. This was according to the Minister of Finance, Ericah Shafudah,…
Windhoek: Minister of Finance Social Grants Management, Ericah Shafudah, has called on taxpayers with outstanding debts to settle their obligations without incurring penalties and interest through the tax amnesty programme. She made the call during th…
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…
Windhoek: Minister of Finance Ericah Shafudah presented the N.dollars 106.3 billion national budget in Parliament, emphasizing priorities such as economic development, social protection, and domestic food production. Shafudah highlighted that the budg…
Windhoek: The 2025/26 national budget does not adequately address President Netumbo Nandi-Ndaitwah’s recent promises regarding job creation, economic analyst Salomo Hei has said. Hei, who is the Managing Director of High Economic Intelligence, told Na…
