CRAN ENHANCES TYPE APPROVAL COMPLIANCE WITH NAMRA THROUGH CAPACITY-BUILDING TRAINING

CRAN ENHANCES TYPE APPROVAL COMPLIANCE WITH NAMRA THROUGH CAPACITY-BUILDING TRAINING

04 DECEMBER 2024 The Communications Regulatory Authority of Namibia (CRAN) recently launched a series of capacity-building training sessions with customs officials from the Namibia Revenue Agency (NamRA). This initiative, conducted under the Memorandum of Understanding (MoU) between CRAN and NamRA, seeks to deepen understanding and strengthen compliance with Type Approval Regulations for telecommunications equipment. Type Approval is a regulatory process that ensures telecommunications equipment meets Namibia’s technical and safety standards […]

December 4, 2024 6

South Africa

NamRA Warns of Rising Counterfeit Tax Certificates Locally

The Namibia Revenue Agency has issued a warning about the circulation of counterfeit Tax Good Standing Certificates, which are being used in various processes, including public procurement. NamRA has identified 42 cases of fraudulent certificates, with 13 of these escalating into criminal investigations. As of March 2023, nine arrests have been made related to the issue. The agency urges the public and taxpayers to be vigilant in verifying the […]

November 22, 2024 10

Oshiwambo

O NamRA oya futa oohandimwe ya konda 50 000 oo tax refubds dhawo

Oshiputudhilo shoku gongela iiyemo yepangelo osha shunithila aafuti yoompale dhepangelo ya konda 50 000 oshimaliwa shawo sho refund. Moonkambadhala oku nawapaleka egandjo lyomayakulo,noku kuthapo endumbalalo lyoo refunds koohandimwe aafuuti yoompale dhepangelo,o NamRA oya tseyitha ya futa oodola oomilion 75.1 onga oo refund koohandimwe 50 804 pokati ko 23 October sigo 01 November. Oo refunds odhili pokati koodola 100- 3000 momaludhi agehe giifuta yokongulu. Nongaashingeyi o NamRA oyiipyakidhila okufuta oshiluku oshiti […]

November 13, 2024 5

2

Opinion Pieces

Estate Planning: Expenses to Be Considered for a Deceased Estate

By Bank Windhoek’s Trust and Estates Manager, Letitia Du Plessis. A deceased estate refers to the property and money left behind by a person after they pass on. A critical part of estate planning is ensuring that there is sufficient cash in your estate to meet various obligations. Unfortunately, what seems like a straightforward process is actually a complex and time-consuming task that requires planning while you are still […]

November 12, 2024 14 2

2

Oshiwambo

Iinima ya kwatwako ko NamRA okuza kaalandithi mboka inaa gwanithapo omilandu dho NamRA ya pewa uuministeli wuuhaku

O Namibia revenue Agency NamRA oya kwatako iiyakulithi yuunamiti nenge yuuhaku,kaalandithi mboka ya pogola okatendo okati 12 ko Customs and Excise Act 0f 1998,noku yi gandja kepangelo. Iinima ya kwatwako,ya kala yeedhililwa omasiku ga konda 90,oya kwatwako ngaashi mokatendo okati 97 koveta ya faathana. Okuza nkene ya kwatwako,kapena o claim ya shangithwa no NamRA ngaashi sha pumbiwa koveta. Iinima oya gandjwa kuuministeli wuuhaku ongula yonena ,oya kwatelamo iilongitho yomoshitandelo shomeho […]

September 13, 2024 16 2

Business / Economics

Namibia creates one-stop investor center

The Namibia Investment Promotion and Development Board and Namibia Revenue Agency signed a Memorandum of Understanding that allows NamRA to set up an office at the NIPDB, creating a one-stop service center for investors. The NIPDB's senior Manager for Marketing, Communications, and Branding, Catherine Shipushu.

September 12, 2024 43

Business / Economics

Revenue Agency to Suspend Unlicensed Clearing Agents

The Namibia Revenue Agency has announced that clearing agents who do not renew their licenses for 2024 will face suspension. A 30-day grace period will be provided, from August 14 to September 13, for agents to complete their renewal. Failure to renew by the deadline will result in license termination. The agency's Tonateni Shidhudhu.

August 15, 2024 42

Namibia

NamRa collects N$21.4 billion in Q2 revenue

The Namibia Revenue Agency has collected N$21.4 billion in revenue during the quarter ending 30 June 2024, representing 25.1% of the N$85.3 billion annual revenue target. NamRA's Commissioner and CEO, Sam Shivute, said that domestic taxes were the main contributor, generating N$13.5 billion or 63% of the total revenue. According to The Brief, the remaining N$7.9 billion was derived from customs and excise duties, primarily through SACU receipts.

August 5, 2024 32

Namibia

Revenue Agency Recovers N$20 Million from Fishing Companies

The Namibia Revenue Agency has recovered N$20 million from 14 fishing companies between May 1 and July 19. This was achieved through administrative summons and collaboration with third parties, including commercial banks, to address outstanding tax liabilities. The recovery efforts are part of NamRA's intensified campaign against deliberate tax evasion in the fishing industry. Namra spokesperson, Steven Ndorokaze.

July 26, 2024 76