Economists break down revised tax reforms and national budget

Economists break down revised tax reforms and national budget

With Finance and Public Enterprises Minister Ipumbu Shiimi having announced in yesterday’s National budget that the government has revised tax reforms that will put N$646 million back in the pockets of taxpayers by exempting all individual taxpayers from paying tax on the first N$100,000 of their income, starting 1 March 2024, we asked Cirrus Capital Economist Robert McGregor for a breakdown of the numbers. Namibia's largest-ever annual budget on Wednesday […]

February 29, 2024 54

Namibia

Von Bach dam hits lowest level since 2017

The Von Bach dam is currently standing at 12.6%, the lowest since January 2017 while the Swakoppoort levels continue to decline. NamWater has meanwhile faced challenges transferring water from Swakoppoort to Von Bach, leaving Windhoek reliant on aquifers, should the rainy season disappoint. Cirrus Capital economist Robert McGregor comments on the implications.

February 5, 2024 50

Business / Economics

Economist weighs in on Bank of Namibia’s policy alignment

Following calls for increased inclusivity in the Monetary Policy Committee of the South African Reserve Bank, we reached out to Cirrus Capital Economist, Robert McGregor for his take.

February 1, 2024 35