Josef Sheehama – Windhoek Observer

15 Aug

Calls grow for VAT exemption on essential foods

ObserverNational NewsJosef Sheehama, McHenry Venaani

Erasmus Shalihaxwe, Martin Endjala and Hilarius Hamutenya There are increasing calls for the exemption of essential food items from Value Added Tax (VAT) to ease the financial burden on households. The call by independent bank researcher and economist Josef Sheehama is part of broader efforts to address the country's high food inflation rate. “Namibia should establish a commodity taskforce and exempt essential food items from VAT. This will relieve pressure on households, particularly those residing in informal settlements,” he said. He suggests establishing a national task force on commodities to regulate food prices and provide subsidies to small-scale farmers. Sheehama…

Sheehama urges GRN to prioritise funding for needy students

ObserverNational NewsJosef Sheehama, Sheehama urges GRN to prioritise funding for needy students

Martin Endjala As the 2024 academic year begins, many students are actively seeking funding for tertiary education through various institutions, with the most common being the Namibia Student Financial Assistance Fund (NSFAF). Josef Sheehama, an Independent Bank Researcher and Economist, believes that funding should be directed towards those who need it the most. Sheehama stated that the government must make strategic funding decisions to ensure that financial resources are allocated to those students who are in serious need, rather than those who are already financially stable. He also reiterated the limited availability of resources and the necessity of allocating them…

Exorbitant land and housing prices driving masses to shanty towns: Economist

ObserverNational NewsExorbitant land and housing prices driving masses to shanty towns: Economist, Independent Bank Researcher and Economist, Josef Sheehama

Martin Endjla Independent Bank Researcher and Economist, Josef Sheehama, has attributed the high number of shacks in urban areas to the ever-increasing land and housing prices in the country. In an interview with Windhoek Observer yesterday, while reacting to the announcement of increased average house prices between 1990 to 2023, which went up by 1.258 percent as per Simonis Storm Securities report for August 2023. Sheehama said exorbitant prices of land and housing are one of the main reasons why there is an increase in shacks in urban areas. This is mostly caused by the cost of land planning and…