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Namibia: Affirmative Repositioning to grant companies with 100 permanent employees one-year tax exemption – News

Namibia: Affirmative Repositioning to grant companies with 100 permanent employees one-year tax exemption – News

Africa Links 24 with Lugeretzia Kooper
Published on 2024-10-19 12:09:23

The Affirmative Repositioning (AR) has promised a one-year tax holiday for companies that create over 100 permanent jobs, once voted into power.s

The move aims to address the country’s high unemployment rate, said activist Johannes Mwandingi during the launch of the AR’s manifesto at Katima Mulilo on Saturday.

Mwandingi noted that the party’s economic agenda will ensure pensions are not taxed, and they aim to increase public spending on housing from 0.1% to 5% of the gross domestic…

Read the Full article on The Namibian

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