Wednesday, October 21, 2026
Subscribe
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
Home Latest

Namibia considers relaxing used car import restrictions

by reporter
June 15, 2026
in Latest
10
A A
Row of colorful cars parked in a lot with stacked shipping containers in the background.

Government is reconsidering Namibia’s long-standing restriction on the importation of vehicles older than 12 years, with Finance Minister Erica Shafudah admitting that the policy may have failed to achieve its intended purpose and instead made vehicles more expensive for consumers.

The review forms part of a broader assessment of customs regulations, import policies and trade rules following concerns raised by entrepreneurs during an engagement with government officials.

Shafudah said authorities have concluded that older vehicles continue to enter the country despite the restrictions, raising questions about the effectiveness of the policy.

“What we have realised is that the vehicles we do not allow to come directly into the market found their ways into Namibia anyway. Now we are asking ourselves what do we do. We only made these cars more expensive. We would have just allowed them to come straight. This is an old policy and we need to change it,” she said.

The restriction was originally introduced following concerns from vehicle dealers seeking protection from an influx of older imported vehicles.

However, Shafudah indicated that government now believes the policy may have increased costs without preventing the importation of older vehicles.

Her comments suggest a significant policy shift that could have far-reaching implications for consumers, vehicle dealers and the broader automotive market.

The review comes as government reassesses several trade and customs-related regulations that entrepreneurs argue are outdated and no longer aligned with modern business models.

Prime Minister Elijah Ngurare said government is committed to listening to concerns raised by entrepreneurs and finding solutions through engagement.

“What we must do in government is not to harass our own people. What we must do is to listen to our own people,” Ngurare said.

Shafudah also indicated that government is willing to revisit laws, regulations and even regional agreements where they no longer support economic development.

“When we put up our laws and rates, they served their time. The feedback that we are getting from you is saying to us revisit your policies, revisit your laws, revisit agreements,” she said.

The review is expected to include customs duties, valuation methods and regulations affecting e-commerce businesses, with government signalling a willingness to modernise rules that entrepreneurs believe are increasing costs and limiting growth.

author avatar
reporter
See Full Bio
Previous Post

A critical examination of the legal framework regulating transport and logistics in the SADC region: Strengthening regional integration and trade efficiency

Next Post

MTC expands beyond telecoms with Huawei enterprise partnership

Must Read

Group of formally dressed adults posing outside a school for a ribbon-cutting/inauguration ceremony by a plaque on the wall with red curtain backdrop.
Latest

MTC calls for increased investment in early childhood education across Namibia

October 21, 2026
Group of diverse professionals in formal attire posing for a conference photo indoors with banners in the background
Latest

The Brief amplifies its reach through key conference partnerships

October 20, 2026
Smiling woman with pearly necklace and pearl earrings, wearing a burgundy sweater against a black background.
Latest

Old Mutual appoints Alovise Frey as Finance and Operations GM

October 20, 2026
Stage setup for ICAN National Accounting Summit 2024 with five white chairs, microphones, and water bottles on a patterned backdrop.
Latest

From Influence to Impact: ICAN National Accounting Summit 2026 set to shape conversations on Namibia’s economic future

October 19, 2026
Global turbulence demands smarter tools for Namibian businesses
Latest

STANLIB Namibia appoints Erastus Tshatumbu as Managing Director

October 17, 2026
Woman speaker at a podium with a laptop and microphone, presenting at a conference with a 'Digital Transformation' banner in the background.
Latest

Women surpass men in access to financial services in Namibia

October 16, 2026
Load More

Related News

Namibia seeks to strengthen ties with Finland

Namibia seeks to strengthen ties with Finland

April 27, 2023
South Africans should expect higher interest rates this week

South Africans should expect higher interest rates this week

March 22, 2022
Staying vigilant in the age of AI: A business leadership imperative

O&L retains Great Place to Work accreditation with 69% trust score

April 27, 2026

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • e-edition
  • 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
  • e-edition
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2026 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
No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2026 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.