Article and photo by New Era
Government has identified a total of N$4 billion of internal savings for the 2015/16 financial during the Mid-Year Budget Review process. These funds will now be relocated to urgent priorities without increasing overall budget expenditure and without increasing the overall 2015/16 financial year budget ceiling.
During yesterday’s Mid-Year Budget Review, the Minister of Finance Calle Schlettwein said internal reallocation totalling about N$775.3 million and N$218.9 million are apportioned to cater for the salary adjustments and bush allowances respectively, in accordance with the agreement reached between the government and labour unions.
Additionally, some of the spending adjustments made for the Ministry of Health and Social Services have been reallocated to scale up allocations for the purchase of anti-retroviral drugs and other pharmaceuticals to supplement current budgetary provisions.
Read more in New Era
By Tuyeimo Haidula, the Namibian. Photo: the Namibian
THE only official place of worship for Namibia's small Jewish community may soon be closed and eventually sold off.
The Namibian has learned that the synagogue, located on a valuable piece of land on Mandume Ndemufayo Avenue near the Windhoek city centre, could be sold if suggestions to that effect are accepted.
Read more in the Namibian
Article and photo by the Namibian Sun
Finance Minister Calle Schlettwein says the government will collect up to N$600 million a year once the solidarity tax – aimed at fighting poverty – is introduced in the 2016/17 financial year, while a presumptive tax targeting small-scale traders is also on the cards.
During his Mid-Year Budget Review in the National Assembly yesterday, Schlettwein renewed earlier calls made by President Hage Geingob, who recently hinted that the government plans to introduce a solidarity tax that would compel every income-generating citizen above a certain threshold to contribute to the country’s fight against poverty alleviation.
Read more in the Namibian Sun
By Ndama Nakashole, the Namibian
During the International Renewable Energy Symposium, which took place in Windhoek last week, participants unanimously declared that access to modern energy is a human right and should therefore be included in the energy policy of each country.
The symposium is aimed at eradicating poverty in sub-Saharan Africa as well as to improve the quality of life for its citizens. The Ires, which was held by the Namibia Energy Institute (NEI) through the Polytechnic of Namibia, emphasised the fact that developed countries have higher levels of access to modern energy, including electricity.
Read more in the Namibian