Climate change remains a pressing issue in Namibia, affecting the environment, wildlife, communities, and the economy.

The Minister of Trade and Industrialization, Lucia Iipumbu, says the ministry is on course to reserve sectors such as the beauty industry strictly for the locals through the Namibia Investment Promotion and Facilitation Bill. 

Landless People's Movement (LPM) Member of Parliament, Utaara Mootu, has tabled a motion in the National Assembly urging prompt transparency and accountability from the government regarding its obligations in bolstering financial support for established and new entrepreneurs.

The Minister of Industrialization and Trade, Lucia Iipumbu, tabled the Property Practitioners Bill in Parliament yesterday. 

The bill, which replaces the outdated Estate Agents Act of 1976, aims to modernise and enhance the regulatory framework governing property practitioners in the country.

The Ministry of Industrialisation and Trade is seeking input on policies that would accelerate economic growth, promote entrepreneurship, and create a conducive environment for investment. 

The Minister of Industrialization and Trade, Lucia Iipumbu, says that the government recognises the invaluable role that the informal economy plays in the nation's economic landscape. 

Final preparations for the tabling of the long-awaited Investment Promotion Bill in the National Assembly are in full swing.

The Minister of Industrialisation and Trade, Lucia Iipumbu, says the Bill and accompanying regulations and policies will be tabled during the second quarter of the year.

The Minister of Industrialisation and Trade, Lucia Iipumbu, is concerned about the interference by some political parties and pressure groups in labour disputes.

Iipumbu emphasises the importance of utilising established channels and advocates for a collabourative stance when dealing with labour issues.

The Minister of Industrialization and Trade, Lucia Iipumbu, has introduced a relief programme to waive a staggering N$275 million in penalties accumulated by non-compliant businesses from 2012 to 2022.

The Minister of Industrialization and Trade has called for the creation of a database storing information on informal sector traders.