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Govt to rake in N$180 million in taxes from insurance sector
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Govt to rake in N$180 million in taxes from insurance sector

The Treasury has introduced a cocktail of tax reforms that will see the government raking in N$180 million in taxes from the insurance sector. The Minister of Finance and Public Enterprise Iipumbu Shiimi said the change takes effect in the 2024-2025 financial year and is projected to yield additional revenue of N$180 million per year....

Windhoek man found with cannabis worth over N$180 000
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Windhoek man found with cannabis worth over N$180 000

A Man (21) was arrested at Otjomuise in Windhoek after he was allegedly found with 370 bankies of cannabis with a street value estimated at N$180 050. This was in a police operation conducted by the City Police and the Namibian Police yesterday, said. City Police spokesperson superintendent Marcelline Murapo. Murapo urged the public to...

Hyphen, govt launch SED framework for N$180 billion green hydrogen project – Business Express
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Hyphen, govt launch SED framework for N$180 billion green hydrogen project – Business Express

The Government of the Republic of Namibia (GRN) and Hyphen Hydrogen Energy (Hyphen) have launched the socio-economic development framework (SED Framework) for Namibia’s landmark US$10 billion (about N$180 billion) green hydrogen project. The SED Framework is an integral part of the Feasibility and Implementation Agreement (FIA) which demonstrates GRN’s commitment to incorporating socio-economic development targets...

Andrada Mining raises N$180 million to further develop Namibia asset – Business Express
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Andrada Mining raises N$180 million to further develop Namibia asset – Business Express

Andrada Mining Limited, the African technology metals mining company with a portfolio of mining and exploration assets in Namibia has announced that it has raised £7.7million (about N$180 million) through the issue of 77 unsecured, convertible loan notes of £100,000 each to new and existing investors. The Company has also issued the holders of the...