Namibia: Central Bank Recommends Zero Taxes On Dairy Products

The Bank of Namibia has suggested subsidies or zero-rated taxes on all milk products to allow Namibian-made dairy products to compete with those imported.

According to the Bank of Namibia’s annual report, subsidies or zero taxes on all milk products could put Namibia’s dairy industry on par with those in neighbouring countries.

“Namibia is currently at a disadvantage when competing with neighbouring countries’ milk products as the latter’s products are zero-rated across the board in those…