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Shrinking construction industry contributes to high interest rates – Windhoek Observer
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August 25, 2023August 25, 2023Uncategorized

Shrinking construction industry contributes to high interest rates – Windhoek Observer

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Martin Endjala Construction Industry Federation of Namibia Chief Executive Officer, Barbel Kirchner, has attributed the reduction of activities in the construction industry to higher interest rates at local commercial banks. While responding to Windhoek Observer questions this week on the ever-declining activities in the industry, Kirchner said the decline can be a result of increased...

NamRA’s ‘fishy’ tax assessment disputed…. Fishing industry says it contributes N$1,32 billion in taxes – WINDHOEK OBSERVER
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July 28, 2023July 28, 2023Uncategorized

NamRA’s ‘fishy’ tax assessment disputed…. Fishing industry says it contributes N$1,32 billion in taxes – WINDHOEK OBSERVER

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The Confederation of Namibian Fishing Associations has said according to its estimates the fishing industry contributed N$1,32 billion dollars in taxes and levy contributions to the state coffers in its last assessment of the fishing industry. Namibia Revenue Agency (NamRA) executives expressed concern on what was said to be the minimal contribution of the fishing...