Walvis Bay shuttle drivers decry booking monopoly by Windhoek agencies

Walvis Bay shuttle drivers have expressed frustration and anger towards Windhoek-based tourism agencies for “monopolising bookings and leaving fewer customers for smaller shuttle services in the township.” This is despite the influx of tourists brought in by cruise liners. Walvis Bay, a key destination, sees a significant number of international passengers arriving on cruise ships.  […]

Cruise tourism boosts Namibia’s economy

The tourism officer for the Erongo and Kunene regions, Suama Nambala, has highlighted the immense contribution cruise lines make to Namibia’s growing tourism sector, emphasising their vital role in providing a much-needed economic boost to the country. Nambala said Namibia’s stunning coastal landscape and unique wildlife have helped the country become a sought-after destination for […]

Mining sector declined in 2024 compared to 2023

The mining and quarrying sector saw a 1.2 percent decline in real value added in 2024, compared to a 19.3 percent increase in 2023. As reflected in the 2024 National Accounts publication, this slowdown was mainly due to a 3,7 percent drop in diamond mining, driven by weakened global demand. The diamond mining subsector experienced […]

Tax inspectors without borders in Namibia launched

The Namibia Revenue Agency (NamRA), in collaboration with the Organisation for Economic Co-operation and Development (OECD) and the United Nations Development Programme (UNDP), have launched Tax Inspectors Without Borders in Namibia. The programme is aimed at raising additional revenue for developing countries and building capacity in international tax audits. The programme is designed to address […]

Namibia starts trading under AfCFTA

Namibia has begun trading under the African Continental Free Trade Area (AfCFTA) following the completion of its Provisional Schedules of Tariff Concessions (PSTC). This development enables Namibian businesses to engage in trade more easily with countries such as Cameroon, Egypt, Ghana, Kenya, Rwanda, and Tunisia through preferential tariff agreements that reduce trade barriers. In 2024, […]

NaCC warns against unapproved mergers

The Namibian Competition Commission (NaCC) has warned that no individual or group may proceed with a merger without approval from the Commission. Implementing a merger without approval violates the merger provisions of the Competition Act. The NaCC has emphasised that such actions will have consequences for those involved. A merger occurs when one or more […]