Tuesday, November 10, 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

Smiling man in a dark suit with a polka-dot tie, portrait against a white background
Latest

Alexforbes receives two honours at 2026 Africa Global Fund Service Providers Awards

November 10, 2026
Four professionals stand in a conference room, each holding a green training booklet during a formal event. Flags and curtains visible in the background.
Latest

Export readiness, trade finance constraints hinder Namibia’s AfCFTA participation

November 9, 2026
Local NSX trade value drops to N$129 million despite market gains
Latest

Tharisa secures secondary listing on Namibia Securities Exchange

November 9, 2026
President demands action on high bank fees and financial exclusion
Latest

New housing projects must be matched by expanded water and sewerage infrastructure

November 9, 2026
African woman wearing a blue headwrap and striped scarf speaks at a podium with microphones, flags in the background.
Latest

Nandi-Ndaitwah questions hiring of foreigners for jobs Namibians can do

November 8, 2026
Male graduate in cap and gown delivering a speech at a podium on a red stage curtain backdrop; a video camera records nearby
Latest

Vocational graduates challenged to become job creators, not job seekers

November 6, 2026
Load More

Related News

Want to add some value to your home? Do these renovations

Want to add some value to your home? Do these renovations

October 21, 2022
B2Gold banks on Wolfshag mine to boost gold production

B2Gold banks on Wolfshag mine to boost gold production

October 19, 2022
Box filled with many slim, silvery fish packed in ice, with a person’s hand picking one up.

Govt pushes to make fish affordable despite major fishing industry

October 30, 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.