Your quick guide on talent and labor compliance norms in Namibia
Namibian dollar (NAD), South African rand (ZAR)
Daily, Weekly, Fortnightly, and Monthly
GDP per Capita
Located on the western coast of Southern Africa, Namibia is surrounded by Angola, Botswana, South Africa, and the Atlantic Ocean. It consists of arid and desert regions in the south and southwest and fertile in the north and northwest. The economy relies on the mining Industry. Diamonds, uranium, copper, zinc, and lead are mainly mined here. Tourism is the second largest industry. It has two commercial ports – Walvis Bay (Main Port) and Luderitz (Secondary port)
Major economic hubs:
Windhoek, Rondu, Walvis Bay
Skills in demand:
Management, Engineering, and Finance
Some of the common jobs in Namibia with average monthly salary is mentioned below:
|Job Title||Average Monthly Salary (NAD)||Average Monthly Salary (USD)|
|Business Development Manager||25,900||1739.37|
Daily, weekly, fortnightly or Monthly based on employment type.
For domestic workers, the minimum wage is NAD1,564.39 per month
In Namibia, employers are legally obligated to pay overtime for extra working hours to employees.
There is no statutory law for 13th-month bonus in Namibia.
|Industrial injury, disability, and death||1% to 8% ( based on risk associated with work)
Employees whose salary is above NAD 81,300 are excluded from coverage.
|Social Security||0.9 % up to NAD 81 per month|
|Annual Taxable income (NAD)||Rate|
|50,001 – 100,000||18%|
|100,001 – 300,000||9000 + 25% (on the excess)|
|300,001 – 500,000||59,000 + 28% (on the excess)|
|500,001 – 800,000||115,000 + 30% (on the excess)|
|800,000 – 1,500,000||205,000 + 32% (on the excess)|
|Above 1,500,001||429,000 + 37% (on the excess)|
The standard VAT rate at Namibia is 15%.
Offboarding & Termination
Termination Process: Both employers and employees can terminate the employment agreement by giving notice or payment in lieu of notice.
|Length of continuous employment||Notice period|
|12 months or longer||1 month|
|Less than 12 months but completed 4 weeks of service||1 week|
|Less than 4 weeks||1 day|
Employees are entitled to severance pay of one week’s remuneration for each completed period of continuous service of 12 months.
Visa and Immigration
Foreign nationals who want to work in Namibia shall apply for a work permit. There are two types of work visas- short term visa and long term visa. Short term visa is 6 months long and long term visa is usually one to three years long.
Streamline payroll and compliance for your international workforce
|Day of extra work||Payment at Rate|
|Extra hours on working days||1.5 times|
|Working on sundays and public holiday||2 times|