Martin Endjala Minister of Finance and Public Enterprises, Iipumbu Shiimi has announced that government will inject N$646 million directly into taxpayers’ pockets. This means all individual taxpayers will be exempted from paying tax on the first N$100 000 per annum, of their first income as of 1 March 2024. This follows the tabling of the...
November 18, 2024
Tag: injects
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Bank injects N$57,6m into projects
Bank Windhoek spent N$57,6 million to finance a total of 59 projects across Namibia between 2022 and 2023. According to the bank’s chief treasurer, Claire Hobbs, 54 of the projects are from the renewable energy sector, of which four were in the field of sustainable agriculture, and one in biodiversity conservation. Hobbs was speaking on...
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Trigon injects N$260m to upgrade Kombat mill – Business Express
Trigon Metals has announced that approximately N$260 million has been spent in upgrades to the mill and constructing a new tailings facility, in preparation for open pit ore production at its Kombat mine in Namibia. In an operations update to stakeholders, the miners said that in this week, the mill will produce its first concentrate,...