Property ban for foreigners, income inequality, Solidarity Tax, NWR's PPPs

November 6, 2015, 9:44am


Property ban for foreigners

By Shinovene Immanuel, the Namibian. Photo: The Namibian

Foreigners who want to sell their property in Namibia such as land or a house will soon be forced to first offer it to a local authority, a Namibian citizen or central government.

This is part of the amendments presented in the National Assembly last week by urban and rural development minister Sophia Shaningwa (right). Even though the amendments are also set to ban foreigners from buying land in any town, they can still acquire land through companies in which they should not have majority shares.

Read more in The Namibian

Photo: TransNamib train derails

 

 

Article and photo by The Villager

A TransNamib goods train has derailed in Omaruru The Villager can reveal.

Chief Executive Officer of the parastatal, Hipi Tjivikua confirmed to the Villager saying, “There has been a train accident in Omaruru and I am on my way there. I am not certain how much damage it has caused but it was a derailment. I will give more information as the day progresses,” Tjivikua said.

Read more on the Villager online

Income inequality continues to worsen

Article and photo by New Era

Hundreds of thousands of Namibians continue to languish in extreme poverty, mainly due to the existing unequal income distribution regime. Prime Minister Saara Kuugongelwa-Amadhila has warned that the situation is not sustainable.

Namibia is classified as a middle-income country. However, the income gap between the rich and poor remains one of the greatest in the world. The PM said there is a need for transformation in the manner in which natural resources are allocated in order to benefit everybody.

Read more in New Era


Minister Calle explains solidarity tax

By Chamwe Kaira, the Namibian. Photo: the Namibian

Minister of finance Calle Schlettwein said yesterday that the solidarity tax will be introduced as an income tax for individuals according to their income scale.

He said the tax will also be a flat amount levied from juristic persons (closed corporations, partnerships, trusts and companies), based on the average per capita income for Namibia as indicative threshold to determine who should contribute and who should benefit.

Read more in The Namibian

Shape of NWR's PPPs

Article and photo by the Namibian Sun

The unwelcome news that Namibia Wildlife Resorts (NWR) will close its campsites in the West Coast Recreational Area for the coming summer holiday season have raised renewed concerns over the viability of the public-private partnerships (PPPs) it entered into as the panacea for its loss-making resorts.

Asked why NWR allowed the campsites to fall into disrepair, it merely responded that it “did its part to ensure that everything was being followed accordingly.However, like with any arrangement, there is always room for improvement,” responded Mufaro Nesongano, manager of corporate communications at the parastatal.

The popular campsites – Jakkalsputz, Mile 72, and Mile 108 – are to be closed for renovations.

Read more in the Namibian Sun