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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

ministry of trade

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Background

Namibia

Ministries Collaborate to Establish Special Economic Zones for Industrial Growth

In a strategic collaboration between the Finance and Public Enterprises and Industrialisation and Trade ministries, Namibia is gearing up to establish Special Economic Zones aimed at fostering competitive industrial development. Finance Minister Ipumbu Shiimi announced that participants in these zones will enjoy a favorable corporate income tax rate of 20%, along with standard deductions for capital allowances and zero-rated VAT within the designated areas. Theo Klein, an economist from Oxford […]

todayMarch 4, 2024 37

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