Namibians are paying 2,2% less for basic goods and services, following a light recession on inflation of 5% at the end of February this year. The price of goods and services was pegged at 7,2% in the same period last year. This is according to the latest Namibia Consumer Price Index released by the Namibia...
Consumers be aware of issues dealing with the implied conditions and warranties attached to the subject matter for the sale of goods which may or may not be mentioned in the contract, as your basic rights. The seller has the right to sell goods only if he is the true owner and holds the title...
Hertta-Maria Amutenja The Namibia Revenue Agency (NamRA), has raised a red flag over a series of irregularities in transit procedures at checkpoints nationwide, with intercepted goods and vehicles declared at values far below their actual worth during a recent operation at the Windhoek-Okahandja checkpoint. According to NamRa Chief of Strategic Communications and Support Engagements, Yarukeekuro...
Despite Namibia’s manufactured goods facing competition from cheaper alternatives from other regions, the country managed to export goods worth US$6 billion (N$120 billion) in 2022. This was said by Ministry of Industrialisation and Trade spokesperson Elijah Mukubonda in an overview of the international market penetration of Namibian goods issued on Thursday. He said the key...
Public enterprises have been critical in providing public goods, generating revenue, and increasing access to public services for the people, among others. However, some of them have been finding the going tough and have been running at a loss, constantly requiring government bailouts. A consultative meeting on public enterprise ownership policy was held at Oshakati...
Staff Reporter NAMIBIA is fully committed to transitioning from being an exporter of raw materials to exporting value-added goods as a means to address the country’s main economic challenges, such as the high unemployment rate. This commitment was once again emphasized by Dr. Netumbo Nandi-Ndaitwah, the Deputy Prime Minister and Minister of International Relations and...
Staff Reporter THE Namibian Police Force (NamPol) has expressed concern over the increasing incidents of the public being found in possession of suspected stolen goods. Deputy Commissioner Kauna Shikwambi clarified that according to the law, knowingly receiving stolen property and being found with suspected stolen goods are criminal offenses. Individuals failing to provide reasonable account...
The Western Cape Department of Infrastructure has made significant progress in rapidly reopening roads and reconnecting affected communities, in the aftermath of recent storms. Acting MEC for Infrastructure, Anroux Marais commended joint efforts involving government, civil society, and citizens. Source link
