Nangula Uaandja

Collaboration set to strengthen investment framework and tax compliance

Collaboration set to strengthen investment framework and tax compliance

Niël Terblanché The Namibia Revenue Agency (NamRA) and the Namibia Investment Promotion and Development Board (NIPDB) signed a new Memorandum of Understanding (MoU) in an effort to improve Namibia’s investment climate and tax compliance. This collaboration is set to enhance the efficiency of income tax and VAT registration processes while streamlining the investment process for foreign investors. The MoU signed on Wednesday, reflects both institutions’ commitment to strengthening tax compliance and promoting foreign investment, with a clear focus on fostering economic growth in Namibia. NamRA Commissioner Sam Shivute stressed the importance of facilitating a conducive environment for investors. “We want…
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Oil discoveries have potential to alleviate poverty and unemployment: Uaandja

Oil discoveries have potential to alleviate poverty and unemployment: Uaandja

Martin Endjala NAMIBIA Investment Promotion and Development Board (NIPDB) Chief Executive Officer, Nangula Uaandja says the discovery of oil and gas has the potential to alleviate or solve inequality, poverty and unemployment in the country. Uaandja said this at the official launch of the Oil and Gas Conference which is set for August 16-17. The conference has the backing of the Mines and Energy Ministry and is being organised by the The Economic Association of Namibia, the Namibia Investment Promotion and Development Board (NIPDB), and the Hanns Seidel Foundation Namibia (HSF), with the National Petroleum Corporation of Namibia (NAMCOR) serving…
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NIPDB CEO to answer to PM over staff grievances

NIPDB CEO to answer to PM over staff grievances

Eba Kandovazu THE Office of the Prime Minister is requesting the Chief Executive Officer (CEO) of the newly-established Namibia Investment Promotion and Development Board (NIPDB) to provide feedback on the alleged Irregularities pertaining to recruitment at the board, as reported by staff members. Nangula Uaandja, the CEO, came under the spotlight recently when a letter written by aggrieved staff members was widely circulated on social media. In the letter addressed to Moses Pakote, the Executive Director in the Office of the President, the former employees of the Namibia Investment Centre (NIC) under the Ministry of Industrialisation, Trade and Small and…
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