Thursday, September 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 generates N$250m from plastic bag levy

by reporter
July 13, 2026
in Latest
10
A A
Person walking on an urban sidewalk, holding a bright blue plastic shopping bag.

Namibia has generated nearly N$250 million from its plastic bag levy since its introduction in 2021.

Responding to questions from Member of Parliament Ester Haikola in the National Assembly, Environment, Forestry and Tourism Minister Indileni Daniel revealed that the plastic bag levy generated N$249.75 million between the 2021/22 financial year and the first half of the 2025/26 financial year. The funds have been used to support waste management, recycling and green economy projects across the country.

According to the minister, the levy generated N$24.23 million during the third and fourth quarters of the 2021/22 financial year, N$59.36 million in 2022/23, N$69.54 million in 2023/24 and N$67.68 million in 2024/25.

A further N$28.94 million was collected during the first six months of the 2025/26 financial year.

“This brings the total recorded plastic levy revenue to approximately N$249,750,858.91 over the period under review. These figures demonstrate a relatively stable and consistent revenue stream, with some fluctuations likely influenced by consumption patterns, economic conditions and policy enforcement,” Daniel said.

The minister said part of the revenue is channelled through the Environmental Investment Fund (EIF), with approximately 12% of its annual budget allocated to waste management and recycling programmes.

Funding for these initiatives increased from N$12.5 million in 2023/24 to N$20 million in 2024/25 and N$26.41 million in 2025/26, with N$26 million budgeted for the 2026/27 financial year.

Daniel said the funding has supported the development of waste management infrastructure, recycling and waste reduction programmes, environmental rehabilitation projects and public awareness campaigns aimed at reducing waste and encouraging responsible disposal practices.

She added that a significant portion of the levy has also been invested through the Green Impact Facility (GIF), which is administered by two fund managers on behalf of the EIF.

According to Daniel, the facility has invested N$135 million in private sector projects over the past four years, supporting initiatives in recycling, renewable energy, sustainable agriculture and other green economy sectors.

“These allocations support a range of interventions, including the development and improvement of waste management infrastructure, recycling and waste minimisation programmes, environmental remediation and rehabilitation activities, and awareness and behavioural change initiatives related to waste reduction. In addition, a significant portion of the levy is allocated to the Green Impact Facility, which has invested N$135 million in private sector initiatives over the past four years,” she said.

The plastic bag levy forms part of Namibia’s environmental fiscal reform programme aimed at reducing plastic waste while generating funding for environmental protection initiatives.

The levy was introduced under the Customs and Excise Act of 1998, with implementation expanded between 2018 and 2019. Levies on lightweight plastic carrier bags and other selected products were gazetted in August 2019 and are collected by the Namibia Revenue Agency (NamRA).

Namibia’s environmental plastic bag levy is an officially mandated N$0.50 per bag charge imposed on manufacturers and importers.

Although the government intended for retailers to pass this 50-cent levy on to consumers, some retailers have faced criticism for charging substantially more for plastic bags.

author avatar
reporter
See Full Bio
Previous Post

NSX local market capitalisation rises to N$55.3bn in Q1

Next Post

Taxonomies in the realm of sustainable finance

Must Read

Speaker at a podium delivering the keynote at the African Green Industries Summit, with a blue screen behind him displaying event details
Latest

Namibia targets 25% secondary industry contribution to GDP by 2030

September 9, 2026
Group of six adults standing with plaques in front of a bright blue wall; woman sits front center in a dark dress with colorful accents.
Latest

MTC, MVA Fund build 61 classrooms to ease rural school infrastructure shortages

September 9, 2026
Shadow AI employees: Why your company needs an AI usage policy
Latest

AI is already at employees’ desks. Is your board ready to govern AI?

September 9, 2026
Seedlings sprouting from stacked coins on soil beside a moss ball labeled CO2, symbolizing green investment and sustainability.
Latest

Namibia eyes carbon markets as new source of climate finance

September 8, 2026
Close-up portrait of a woman wearing a gray blazer over a black-and-white striped top, facing the camera against a gray background.
Latest

Psychological safety: The missing ingredient in high-performing teams

September 4, 2026
Seven diverse professionals pose in a row in front of a green backdrop with repeating white logo marks.
Latest

Nedbank launches 30-person funeral cover including extended family, domestic workers

September 3, 2026
Load More

Related News

Namibia’s economy shows resilience in 2021

Namibia’s economy shows resilience in 2021

March 31, 2022
N$20 million plan to commercialise UNAM’s Katima Mulilo mango facility

N$20 million plan to commercialise UNAM’s Katima Mulilo mango facility

October 14, 2025
Zebra Kasete elected as new Chamber of Mines president

Zebra Kasete elected as new Chamber of Mines president

April 26, 2023

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.