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The Husab Mine (formerly the Rössing South Mine ), operated under the Husab Uranium Project, is a uranium mine near the town of Swakopmund in the Erongo region of western-central Namibia. The mine is located approximately 5 kilometres (3.1 mi) south of the larger Rössing uranium mine and 45 kilometres (28 mi) from Walvis Bay. [1]
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 ...
Bank Windhoek Limited ( Bank Windhoek) is a commercial bank in Namibia, which is licensed by the Bank of Namibia (BoN) to operate in the country. It provides financial services to its clients, which include personal, commercial and Small and Medium-sized Enterprise (SME) banking and accounts. Bank Windhoek also offers foreign exchange services ...
Politics of Namibia. The Namibian Ministry of Finance ( MOF) was established at Namibian independence in 1990. The first Namibian minister of finance was German Namibian Otto Herrigel. [1] The current finance minister is Iipumbu Shiimi, a former governor of the Bank of Namibia. [2]
The Ministry of Environment, Forestry and Tourism ( MEFT) is a government ministry of Namibia, with headquarters in Windhoek. [1] It was created at Namibian independence in 1990 as Ministry of Wildlife, Conservation and Tourism. [2] The first Namibian environment and tourism minister was Niko Bessinger, [3] the current minister is Pohamba Shifeta.
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 ...
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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]