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Mining is the biggest contributor to Namibia 's economy in terms of revenue. It accounts for 25% of the country's income. [1] Its contribution to the gross domestic product (10.4% in 2009, 8.5% in 2010, 9.5% in 2011, 12.3% in 2012, 13.2% in 2013, 11.6% in 2014) is also very important and makes it one of the largest economic sectors of the ...
Namibia gained independence from South Africa on 21 March 1990, following the Namibian War of Independence. Its capital and largest city is Windhoek , and it is a member state of the United Nations (UN), the Southern African Development Community (SADC), the African Union (AU), and the Commonwealth of Nations .
Namibia is a higher-middle-income country with an annual GDP per capita of N$79,431 in 2022, but has extreme inequalities in income distribution and standard of living. [10] It has the second-highest Gini coefficient out of all nations, with a coefficient of 59.1 as of 2015. [11] Only South Africa has a higher Gini coefficient. [12]
Foreign relations. v. t. e. The Ministry of Industrialisation and Trade ( MIT) is a government ministry of Namibia, with headquarters in Windhoek. It was created at Namibian independence in 1990 as Ministry of Trade and Industry, [1] renamed Ministry of Industrialisation, Trade and SME Development in 2015, and got its current name in 2020.
Tax rates for the 2010–2011 to 2012–2013 tax years were as follows: [1] Taxable amount. Rates of tax. Where the taxable amount does not exceed N$40 000. 0%. between N$40 001 and N$80 000. 27% of the amount by which the taxable amount exceeds N$40 000. between N$80 001 and N$200 000. N$10 800 + 32% of the amount by which the taxable amount ...
MTC Namibia Nepal [ edit ] Nepal is the first country to provide 3G general service in South Asia, followed by Sri Lanka, via Nepal Telecom . 3G service is available throughout the country, including Everest Base Camp . 4G LTE WIMAX service has been recently provided at minimum cost at spots in major cities including government offices, public ...
As of 2017 there were a total of 97 state-owned enterprises, also called public enterprises, in Namibia . 18 of the public enterprises are profit-driven and fall under the Ministry of Public Enterprises established in March 2015. Leon Jooste heads this ministry. [1] The other state-owned commercial entities are mainly active in education, media ...
Namibia spends about 3% of its Gross Domestic Product on the operation expenditures of it water utilities. This is by far the highest percentage of all Sub-Saharan countries. [38] Per capita, Namibia spends about 80 US$ annually on water supply and sanitation, other countries in the region spend between 1 and 10 US$.