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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Finance and Public Enterprises Minister

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Namibia

Not Planning to Introduce Sugar Tax, Says Finance Minister Shiimi

The Finance and Public Enterprises Minister, Iipumbu Shiimi has confirmed that Namibia has no plans to implement a sugar tax, despite its potential to generate additional revenue says The Brief. Shiimi stated that an impact assessment is needed to understand the effects on various stakeholders before making any decision. While other SADC countries have adopted the sugar tax to increase revenue and combat health issues like diabetes and obesity, Namibia […]

todayJuly 18, 2024 13

Namibia

Finance Minister Urges Enhanced Intra-African Trade at World Customs Organisation Meeting

Finance and Public Enterprises Minister, Iipumbu Shiimi emphasized the crucial role of customs administrations in boosting trade among African nations at the 30th East and Southern Africa Governing Council meeting of the World Customs Organisation in Swakopmund. Shiimi highlighted the importance of data exchange, system interconnectivity, and harmonisation of legislation and policies to strengthen revenue collection and foster improved trade partnerships. He urged member states to align with the aspirations […]

todayMay 24, 2024 16

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Namibia

Budget Boost: Ministry of Gender, Poverty Eradication, and Social Welfare Sees 23.2% Increase to N$8 Billion

In the latest financial update, Finance and Public Enterprises Minister Iipumbu Shiimi revealed a significant 23.2% increase in the budget for the Ministry of Gender, Poverty Eradication, and Social Welfare, reaching N$8 billion. Shiimi explained that this allocation includes N$824.7 million to maintain the real value of social safety nets in the face of high inflation and a considerable dependency ratio. Furthermore, the government has allotted funds for increased food […]

todayFebruary 29, 2024 25 6

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