• Contact Us
  • About Us
  • Advertisement
  • Privacy & Policy
Thursday, July 3, 2025
SUBSCRIBE
The Brief | Namibia's Leading Business & Financial News
13 °c
Columbus
19 ° Tue
21 ° Wed
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • e-edition
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • e-edition
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
TB image banner 750x140
Home Business & Economy

New regulations for employers in Namibia to tackle rising unemployment

by editor
January 19, 2023
in Business & Economy
47
A A
58
SHARES
963
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

You might also like

Namibia seeks stronger U.S. partnerships at Africa Business Summit

April inflation rises to 3.6%, driven by food and housing costs

NamRA uncovers N$666,000 tax refund fraud scheme

The Ministry of Labour, Industrial Relations and Employment Creation has reduced the threshold for Designated Employers from 25 to 10 or above in an effort to address rising unemployment in the country.

As a result, employers in this category will now be required to register with the ministry as DEs and report any vacancies within their organisations in compliance with the Employment Services Act. This change will take effect on September 30th.

According to the Ministry’s Acting Executive Director Otniel Podewiltz, “This will enable the ministry to link the DEs and also to register jobseekers in terms of employment through the Namibia Integrated Employment Information System. Additionally, they are required to submit profiles of establishment on an annual basis.”

To ensure compliance, companies that fail to comply with the new regulations will face fines of up to N$20,000 or imprisonment of two years, or both if convicted.

The change in threshold is intended to promote inclusivity and extend coverage to the informal sector, which makes up a large portion of the Namibian labor force.

It is also expected to increase employment opportunities for jobseekers as more employers will be required to comply with the new requirements.

Last year, the Ministry registered 494 DEs and placed 2,200 jobseekers in various establishments across all sectors.

According to the 2018 labour force survey, Namibia’s unemployment rate stood at 33.4% with a youth unemployment rate of 46.1%, of which men accounted for 43.7% and females for a staggering 48.5%. 

author avatar
editor
See Full Bio
Tags: economy
Share23Tweet15Share4
Previous Post

Communication trends for 2023: Part 2

Next Post

BoN ushers in sweeping banking sector reforms, caps board tenure and age

Recommended For You

Namibia seeks stronger U.S. partnerships at Africa Business Summit

by reporter
June 23, 2025
0
Namibia seeks stronger U.S. partnerships at Africa Business Summit

Namibia will participate in the 2025 U.S.-Africa Business Summit, with the country’s attendance aimed at deepening economic ties with the United States and promoting investment and trade opportunities....

Read moreDetails

April inflation rises to 3.6%, driven by food and housing costs

by reporter
May 13, 2025
0
April inflation rises to 3.6%, driven by food and housing costs

Namibia’s annual inflation rate rose to 3.6% in April 2025, primarily fuelled by increases in food and housing-related costs, the Namibia Statistics Agency (NSA) has reported. According to...

Read moreDetails

NamRA uncovers N$666,000 tax refund fraud scheme

by editor
May 5, 2025
0
NamRA uncovers N$666,000 tax refund fraud scheme

The Namibia Revenue Agency (NamRA) has uncovered a fraudulent scheme that resulted in the illegal payout of tax refunds totaling more than N$666,000 between January and April 2025,...

Read moreDetails

141,000 non-compliant businesses face deregistration by BIPA

by editor
May 2, 2025
0
141,000 non-compliant businesses face deregistration by BIPA

More than 141,000 businesses in Namibia are at risk of being deregistered after the Business and Intellectual Property Authority (BIPA) began a phased process to remove entities that...

Read moreDetails

Namibia to create 3,600 jobs through global accelerator project

by editor
April 30, 2025
0
Namibia to create 3,600 jobs through global accelerator project

Namibia is set to roll out the Global Accelerator project during the current financial year, aiming to generate over 3,600 jobs through the biomass sector and other sustainable...

Read moreDetails
Next Post
BoN ushers in sweeping banking sector reforms, caps board tenure and age

BoN ushers in sweeping banking sector reforms, caps board tenure and age

Related News

NamRA surpasses revenue target with N$88.6 billion collection

NamRA surpasses revenue target with N$88.6 billion collection

April 8, 2025
Why compliance and completion certificates matter: A Q&A with Larry Mwikanda from the City of Windhoek

Why compliance and completion certificates matter: A Q&A with Larry Mwikanda from the City of Windhoek

January 31, 2025
BoN finalising regulations to tackle high bank charges

BoN finalising regulations to tackle high bank charges

April 16, 2025

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • Namibia
  • namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2025 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2025 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.