by crvanwyk | Apr 20, 2020 | General Industry News
INSIGHTS – NEWS Repo rate reduced to 4.25 percent During a special meeting held on 15 April, the Monetary Policy Committee (MPC) of the Bank of Namibia decided to cut the Repo rate with another 100 basis points to 4.25%. Said decision comes just hours after the...
by crvanwyk | Apr 3, 2020 | General Industry News
INSIGHTS – NEWS Launch of the Economic Stimulus and Relief Package Namibia’s newly appointed Minister of Finance, Hon. Iipumbu Shiimi, issued the fist official media statement introducing the Economic Stimulus and Relief Package to mitigate the economic impact...
by crvanwyk | Mar 23, 2020 | General Industry News
INSIGHTS – NEWS Repo rate reduced to 5.25 percent On 20 March, the Monetary Policy Committee (MPC) of the Bank of Namibia called a special meeting considering the recent extra-ordinary events emanating from the COVID-19 pandemic. The MPC cut the Reop rate with...
by crvanwyk | Nov 21, 2019 | General Industry News
INSIGHTS – NEWS Legislative Amendment to Regulations Relating to BIPA Fees The Minister of Industrialisation, Trade and SME Development, Hon. Tjekero Tweya, recently approved amendments to the Close Corporations Act of 1988 and the Companies Act of 2004. The...
by crvanwyk | Nov 6, 2019 | General Industry News
INSIGHTS – NEWS ITAS Incentive Programme – Tax Penalties To Be Waived According to an official press release issued by the Ministry of Finance on 31 October 2019, all Namibian taxpayers can now benefit from an incentive program introduced to encourage...
by crvanwyk | Aug 15, 2019 | General Industry News
INSIGHTS – NEWS Repo rate reduced to 6.5 percent On the 13th of August, the Monetary Policy Committee (MPC) of the Bank of Namibia held its bi-monthly meeting and decided to cut the Repo rate with 25 basis points to 6.50 percent. The decision was made in line...