The Namibia Chamber of Commerce and Industry (NCCI) say rising fuel prices are eroding the competitiveness of local businesses as they are adding to the cost of doing business in an already depressed economy.
According to the chamber, the transport industry has been the worst hit by fuel price increases.

Shaanika’s love affair with NCCI ends

As first reported by the Windhoek Observer in July Tarah Shaanika’s 15-year-old love affair with the Namibia Chamber of Commerce and Industry (NCCI) came to an end this week.

Business welcomes export levy

The Namibia Chamber of Commerce and Industry (NCCI) has welcomed the introduction of an export levy on raw minerals, fish and forestry products, which came into effect last week in a bid by Government to encourage value addition of Namibian resources.

Govt owes NCCI members N$500 million

The Namibia Chamber of Commerce and Industry (NCCI) has claimed that its members are owed in excess of N$500 million by Government in unpaid invoices for services rendered or goods supplied.

NCCI Chief Executive Officer, Tarah Shaanika, this week appealed to the Government to prioritise the payment of all outstanding debt owed to businesses or risk company closures and further job losses. Shaanika claimed that some of their members were either being liquidated or were at risk of being liquidated because of Government’s delay in payment, while some members were finding it difficult to continue operating at the same level as before because of Government’s budget cuts.

WINDHOEK OBSERVER

The Windhoek Observer is an English-language weekly newspaper, published in Namibia by Paragon Investment Holding. It is the country's oldest and largest circulating weekly.

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