…Crypto-currencies will not enjoy legal tender status Namibia has enacted the country’s first legislation to license and regulate Virtual Asset Service Providers (VASPs) and Initial Token-Offering Service Providers (ITOSPs). Namibia thus became the 3rd Sub- Saharan African country to take bold legislative steps to regulate this sector and fully protect the public against potential risks,...
The Ministry of Labour, Industrial Relations, and Employment Creation says many security companies in Zambezi have not implemented the minimum wage for security guards. This was revealed by the head of arbitration at Katima Mulilo, Bester Maiba, during the visit of the Parliamentary Standing Committee on Health, Social Welfare, and Labour Affairs. Maiba says none of...
The Employment Equity Commission clarified the present state of the law. It says that all employers, regardless of sector, and employing any number starting from 10 and above, are considered Relevant Employers. Otniel Podewiltz the Labour, Industrial Relations and Employment Creation ministry’s Acting Director says the provisions of the Affirmative Action (Employment) Act 29 of...
Johannesburg, South Africa – A new law to help close the racial economic gap in South Africa – which remains one of the world’s most unequal societies – has sparked public debate and seen the country’s main opposition take to the streets in protest this week. On April 12, South African President Cyril Ramaphosa signed...
The Namibia Revenue Agency (NamRA) says it will leave no stone unturned in implementing its Tax Law Enforcement Strategy to ensure that what is owed to the state is paid. Soon after its establishment, NamRA continued its drive to optimise Namibia’s tax revenue collection. This has led to some reforms at NamRA offices countrywide to...
Namibia’s government has been given 18 months to amend the country’s law on the solitary confinement of people detained in prison. In a judgement delivered in the Supreme Court yesterday, a section of the Correctional Service Act about the placing of problematic prison inmates in separate cells and also a regulation on the solitary confinement...
The country’s anti-poaching and crime prevention initiatives managed to arrest 75 suspects in 106 cases related to rhino poaching in Namibia in 2022, a report released last week noted. The year 2022 saw the most rhinos poached in the country since 2015 when the first major poaching wave in independent Namibia peaked, the National Report...
Despite the global surge for sustainable lab-grown diamonds, Namibia currently has no regulations that prevent synthetic diamond manufacturers from marketing and selling lab-produced diamonds as natural diamonds. This was revealed by Minister of Mines and Energy Tom Alweendo during the inauguration of the Diamond Board of Namibia here on Monday. The board of 12 members...