NIPDB – Windhoek Observer

12 Sep

Collaboration set to strengthen investment framework and tax compliance

ObserverNational NewsNamRA, Nangula Uaandja, NIPDB, Sam Shivute

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…

500 African captains of industry convene in Windhoek

ObserverFeatured, National NewsACFTA, AU MSMEs, NIPDB

Hilarius Hamutenya Over 500 African industry leaders, policymakers, and small businesses are gathering in Windhoek for the third Annual Micro, Small and Medium-Sized Enterprises (AU MSMEs) forum to foster innovation and enhance capacity. The Namibia Investment Promotion and Development (NIPDB) is hosting the event, which will run until Friday under the theme 'Fostering financial empowerment and educational innovation for African startups'. The four-day summit will include various activities aimed at equipping MSMEs with the information and skills needed to trade and boost intra-African trade under ACFTA. Mathew Kaholongo, the director at the Cabinet’s secretariat under the office of the Prime…

Small businesses yellow pages in the works

ObserverNational NewsNIPDB, Small and Medium Enterprises (SMEs) Development, Small businesses yellow pages in the works

Tujoromajo Kasuto The Namibia Investment Promotion and Development Board, NIPDB Manager for Small and Medium Enterprises (SMEs) Development, Innovation and Acceleration Dino Ballotti said they are building an online portal for SMEs that will provide information about these businesses at the click of a button. He says this will be sector, region, town, youth specific and is still in the works, and will assist in exposing people of various small businesses that are operating within a certain geographical location and the services they offer. Meanwhile, Namibia Chamber of Commerce and Industry (NCCI) is also facilitating a similar initiative called the…