#NAMIBIAVOTES2024 | IPC unveils election manifesto

The Independent Patriots for Change (IPC) unveiled its election manifesto, with a budget of N$100 billion earmarked for national development if elected to power.  Dr. Panduleni Itula assured the electorate that the party is determined to usher in a new era of governance centred on economic reform, inclusive growth, and improved access to healthcare. The […]

Lüderitz Waterfront Development Company to build hotel and medical facility

The Lüderitz Waterfront Development Company has revealed plans to construct a state-of-the-art beachfront hotel and private medical facility.  Its Chief Executive Officer, Fluksman Samuehl, said at a media briefing that plans are at an advanced stage for the third phase of the Lüderitz Waterfront Development Project.  “We are taking this initiative together with the private […]

Finance Ministry announces new tax rates

The Ministry of Finance has announced that new tax rates, outlined in Paragraph 1 of Schedule 4 of the 1981 Income Tax Act, took effect on March 1, 2024. As part of this change, the Namibia Revenue Agency (NamRA) has directed employers to adjust Pay-As-You-Earn (PAYE) deductions to correct any overpayments made before the new […]