insert_link Business / Economics Competition Commission Transfers N$9 Million in Penalties to State The Competition Commission has contributed N$65 million in penalties to the State Revenue Fund since 2009, including N$9 million for the 2024/25 financial year. The latest payments came from settlement agreements in the non-financial, cement, and fuel and air transport sectors. Dina //Gowases is the Commission’s spokesperson: today23 October, 2025
insert_link Business / Economics 28 February 2025, Morning Biz News: Businesses Face Blacklisting, SA Inflation Rises, MTN Gains in Nigeria, UK Business Confidence Rebounds Local Businesses Face Blacklisting Over Non-Compliance The Business and Intellectual Property Authority (BIPA) has issued a stark warning to registered entities in Namibia, cautioning that a majority risk blacklisting for failing to comply with the country's beneficial ownership law. According to The Brief, only 84,000 out of 229,000 registered businesses have submitted the required information, leaving 145,000 entities vulnerable to severe penalties. This crackdown aims to enhance financial transparency and […] today28 February, 2025
insert_link Business / Economics NamRA warns of penalties for late tax returns The Namibia Revenue Agency has reminded the public to submit their income tax returns for the fiscal year 2023/24 before the deadline. NamRa spokesperson, Steven Ndorokaze stressed the importance of timely submission to ensure compliance and avoid penalties. today27 June, 2024
