Julius Malema Calls for VAT Reduction to 14% Amid Economic Struggles in South Africa

To South Africa, where EFF leader Julius Malema has called for Value Added Tax to be reduced to 14-percent due to South Africa’s struggling economy. Malema also emphasised strengthening the South African Revenue Services for economic transformation and addressing illicit financial flows, corruption, and maladministration. In addition, he criticised the National Treasury, claiming it undermines wealth transfer to the African majority:

Written by: Leonard Witbeen

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Tourism Board Calls for Informal Market Integration

4 February, 2026

Business / Economics

NIDA owes Keetmanshoop municipality nearly N$4.2 million

By: Hertha Ekandjo The Namibia Industrial Development Agency (NIDA) has confirmed that it owes the Keetmanshoop municipality approximately N$4.2 million in outstanding water and electricity charges as of end of January 2026. NIDA spokesperson, Wessel !Nanuseb, says the outstanding electricity bill currently amounts to N$2.8 million, while water stands at […]

3 February, 2026