The gambling industry remains a regulated sector with significant fiscal and socio-economic implications.
Therefore, regulatory oversight and revenue administration processes must be conducted in a well-coordinated manner.
The disruption of businesses by the COVID-19 pandemic might have long passed, but some businesses have not yet fully recovered financially, especially in the informal sector.
In this insert, NBC News brings you some of the untold stories of the COVID-19 pandemic.
The Bank of Namibia's Instant Payment Programme, an initiative to modernise the country's financial system, is now expected to launch in the third quarter of 2026.
Youth unemployment, recognition of the informal sector, and persistent gender gaps are among the key challenges that the National Budget has been criticised for failing to adequately address.
Finance Minister Erica Shafudah will table the budget tomorrow in the National Assembly.
The national budget outlines key policy directions, spending priorities, and economic interventions that will directly impact households, businesses, and public institutions.
Namibia's export sector could soon see new opportunities as China introduces a new trade development policy.
Namibian-owned road construction companies should be distinguished from and prioritised over foreign-owned, yet still Namibian-registered, firms.
With vast capital investment going into oil exploration, Otjozondjupa Governor John ||Khamuseb said the Namibian government should get at least 30% of the profits from petroleum production companies.
The Minister of Works and Transport, Veikko Nekundi, has revealed in his ministerial statement in the National Assembly that the government has auctioned off 306 vehicles, generating about N$24 million that will be directed towards government programmes and services.
The Namibian government spends around N$7 billion yearly on social grants, with old-age pensions accounting for nearly half of the total.
Michael Humavindu, the Executive Director in the Ministry of Finance, cautions that raising the pension to a mere N$2,000 could push the bill close to N$9 billion.
