• Home
  • News
  • Magazine
    • Current Edition
    • Previous Editions
  • Climate
  • Minerals
  • Mining
  • All About Namibia’s Extractive Sector
  • Contact
  • Menu Item
Saturday, September 5, 2026
  • Login
The Extractor Magazine
  • Home
  • News
    • All
    • Africa
    • Biofuels
    • Climate
    • Copper
    • Exploration
    • Lithium
    • Minerals
    • Mining
    • Namibia
    • Nickel
    • Oil & Gas
    • Precious Metals
    • RIGS & VESSELS
    • Silver
    • Uranium
    Midas lines up three Otavi resources after high-grade copper hits

    Midas lines up three Otavi resources after high-grade copper hits

    Core Energy raises A$3m for Namibia uranium drilling

    Core Energy raises A$3m for Namibia uranium drilling

    BW Energy’s H1 performance reinforces //Karas well drilling

    TotalEnergies completes Mopane discovery deal

    African Pioneer and Chinese partner plan four-rig drilling push at Ongombo

    African Pioneer and Chinese partner plan four-rig drilling push at Ongombo

    ReconAfrica lifts Kavango West raise to C$19m

    ReconAfrica lifts Kavango West raise to C$19m

    Hartree puts US$5m behind Hope and Gorob plant deal

    Hartree puts US$5m behind Hope and Gorob plant deal

    Kaoko shares soar 145% after Namibia copper hit

    Kaoko shares soar 145% after Namibia copper hit

    ReconAfrica moves into Etosha-Okavango basin onshore Angola

    ReconAfrica targets Kavango West FID within a year – Reinsborough

    Deep Yellow brings in Core Energy for A$5m Nova uranium earn-in

    Deep Yellow brings in Core Energy for A$5m Nova uranium earn-in

    ReconAfrica invested N$3.10b since 2020

    ReconAfrica raises C$15m to fund Kavango West horizontal test

    Trending Tags

  • Magazine
    • Current Edition
    • Previous Editions
  • Climate
  • Minerals
  • Mining
  • All About Namibia’s Extractive Sector
  • Contact
  • Menu Item
No Result
View All Result
The Extractor Magazine
No Result
View All Result
Home News

Mining pays Namibia N$7.8 billion as corporate tax jumps 55%

by Editor
April 29, 2026
in News
0
Mining pays Namibia N$7.8 billion as corporate tax jumps 55%
530
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Namibia’s mining sector paid N$7.805 billion to the government in 2025, driven by a sharp rise in corporate tax contributions as strong commodity prices and higher uranium output boosted industry earnings.

New figures from the Chamber of Mines of Namibia show corporate tax was the single largest payment category at N$4.662 billion, up 55% from N$3.008 billion in 2024.

Royalty payments reached N$2.458 billion, compared with N$2.256 billion the previous year, while export levies climbed 90% to N$685 million from N$360 million in 2024.

The total tax take of N$7.805 billion marked a 39% increase from N$5.624 billion paid in 2024, underlining mining’s role as one of Namibia’s most important sources of state revenue.

Beyond direct taxes, the industry also injected billions more into the domestic economy.

Mining companies paid N$7.959 billion in wages and salaries during the year and spent N$23.974 billion on local procurement.

Fixed investment by the sector reached N$7.461 billion, while exploration spending rose to N$1.496 billion, signalling continued interest in future mine development.

The industry also reported N$224 million in skills expenditure, including VET levy-related spending, and N$256 million in corporate social responsibility programmes.

The Chamber’s review shows that while mining contracted by 9.4% in real terms during 2025, the sector still contributed 14% of GDP and remained a critical pillar of Namibia’s fiscus, exports, employment and investment pipeline.

Share212Tweet133
Editor

Editor

  • Trending
  • Comments
  • Latest
Private company led by John Sisay to revive Tschudi, Otjihase, Matchless and Berg Aukas mines  

Private company led by John Sisay to revive Tschudi, Otjihase, Matchless and Berg Aukas mines  

February 6, 2024
ReconAfrica to drill first well in the Damara Fold Belt after raising N$238m

ReconAfrica to drill first well in the Damara Fold Belt after raising N$238m

April 3, 2024
Gratomic targets 12,000t of vein graphite from Aukam mine this year

Gratomic targets 12,000t of vein graphite from Aukam mine this year

February 3, 2024
Askari Metals puts hopes on Kestrel Pegmatite within the Uis Lithium Project

Askari Metals puts hopes on Kestrel Pegmatite within the Uis Lithium Project

3
Namibia holds 26 million ounces of silver

Namibia holds 26 million ounces of silver

3
2024 HOPEFULS: Langer Heinrich’s return after five years

2024 HOPEFULS: Langer Heinrich’s return after five years

2
Hope and Gorob workforce reaches 130 as first ore nears

Hope and Gorob workforce reaches 130 as first ore nears

September 4, 2026
Ongwe technical report backs C$4.3m exploration push at Khorixas

Ongwe technical report backs C$4.3m exploration push at Khorixas

September 4, 2026
Midas lines up three Otavi resources after high-grade copper hits

Midas lines up three Otavi resources after high-grade copper hits

September 4, 2026
  • Home
  • News
  • Magazine
  • Climate
  • Minerals
  • Mining
  • All About Namibia’s Extractive Sector
  • Contact
  • Menu Item

Copyright © 2023 The Extractor Magazine. | Powered by: Impeccable Tech & Designs

No Result
View All Result
  • Home
  • News
  • Magazine
    • Current Edition
    • Previous Editions
  • Climate
  • Minerals
  • Mining
  • All About Namibia’s Extractive Sector
  • Contact
  • Menu Item

Copyright © 2023 The Extractor Magazine. | Powered by: Impeccable Tech & Designs

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