According to the Electricity Control Board (ECB), the current National Connection Charge Policy (NCCP) is not legally binding. This is why the ECB is hosting a stakeholder workshop to discuss the first draft of a transition from the NCCP to a legally binding National Connection Charge Code (NCCC). The half-day workshop, which is currently underway […]
With new technologies emerging at a fast pace and artificial intelligence opening doors for new businesses, many entrepreneurs are venturing into a new lucrative business of gaming and virtual reality. Only founded in July this year with three employees, VR EXPERIENCE offers a virtual reality experience. Florencia Fransisco, a salesperson at the company, highlighted to […]
Air Botswana has put on hold its recently announced Gaborone-Windhoek to Durban flight routes. Air Connect Namibia Chairperson Bisey |Uirab says the matter is beyond their control. Last month, Air Connect Namibia and Air Botswana announced that Air Botswana would connect Gaborone to Windhoek and continue to Durban’s King Shaka International Airport in South Africa […]
The Presidency says President Nangolo Mbumba’s working visit to Germany and Spain underscored Namibia’s commitment to fostering stronger international partnerships to promote economic growth and sustainable development. Strategic cooperation with Germany and other international partners, including the United Nations, will accomplish this. In a statement issued, the Presidency said Dr. Mbumba’s working visit to Hamburg, […]
Kenya has been selected to host the Africa Youth in Tourism Innovation Summit and Challenge for the years 2025 to 2027. The Pan-African event is dedicated to promoting and uplifting innovative entrepreneurs within the tourism sector across the African continent. The development follows the successful hosting of the 2024 AYTIS held in Windhoek, which attracted […]
The Minister of Finance and Public Enterprises, Iipumbu Shiimi, says the recently effected Tax Amendment Act holds more benefits than a reduction in individuals tax bill. Other tax incentives to companies and close corporations, for instance, are meant to encourage employers to take on more interns and expose them to the world of work. In […]
Mortgages make up the largest portion of loans in the banking sector, according to a study presented at the collaborative seminar hosted by the Bank of Namibia and the University of Namibia. The event brought together experts from the banking and academic sectors to discuss strategies aimed at strengthening the banking industry’s ability to withstand […]
Minister of Finance and Public Enterprises, Iipumbu Shiimi, has said employees whose employers are not reimbursing the Pay As You Earn (PAYE) from the income tax amendments can claim their money from the Namibia Revenue Agency (NamRA) as of February 2025. A notice was issued by the minister for employers to reimburse employees for PAYE […]
The Minister of Finance, Ipumbu Shiimi, says the recently effected Tax Amendment Act holds more benefits than a reduction in an individual’s tax bill. Other tax incentives to companies and close corporations, for instance, are meant to encourage employers to take on more interns and expose them to the world of work. In August 2023, […]
The United States and Namibia have signed a Memorandum of Understanding on renewable energy development. The agreement focusses on clean energy sources such as solar, wind, and green hydrogen. The MOU’s objective is to expand America’s role in Namibia’s energy sector. It demonstrates the United States’ commitment to partnering with Namibia to ensure energy security, […]
