insert_link 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. today5 August, 2024
insert_link 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. today26 July, 2024
insert_link Opinion Pieces Understanding Preservation Funds A preservation fund is a savings vehicle into which you can transfer your retirement savings, from a retirement fund (pension or provident fund), with the aim of preserving funds for your financial well-being in retirement. This vehicle is primarily used when people resign or change jobs, which then becomes a tax-free transfer from your existing retirement fund into a preservation fund of your choice. Preservation can either be […] today22 July, 2024
insert_link Business / Economics NamRa extends deadline for tax certificates to April 2025 The Namibia Revenue Agency has extended the transitional arrangements for obtaining Tax Certificates of Good Standing. This means businesses will have more time to comply with the recently revised guidelines. Originally scheduled to come into effect on 1 June 2024 the new guidelines will now be implemented on 1 April 2025. NamRA’s Acting Chief of Strategic Communications and Support Engagements, Victor Musiwa. today18 June, 2024
insert_link Namibia Transport Industry’s Ongoing Challenges: FP du Toit Transport MD Discusses Current Issues Stephan Terblanche, Managing Director of FP du Toit Transport, sheds light on the current challenges faced by the transport industry. From navigating the impacts of Covid-19 to dealing with soaring diesel prices, Terblanche outlines the industry's ongoing hurdles ENG Stephan Terblanche challenge today7 February, 2024
insert_link Oshiwambo O NamRA no BIPA ya shaina etsokumwe oku nkondopeka noku pupaleka iilonga yawo Oshikondo shoku gongela iiyemo yepangelo-NamRA, nehangano lyo BIPA oya shaina euvathanotsokumwe tali lalakanene oku nkondopeka noku pupaleka omayakulo gawo. Komisala go NamRA Sam Shivute ota fatulula. today1 February, 2024
insert_link Business / Economics NamRA and Bipa sign MoU The Namibia Revenue Agency (NamRA) signed a memorandum of agreement with the Business and Intellectual Property Authority (BIPA), which is aimed at, among other things, enhancing cooperation in terms of the sharing of information on the registration and maintenance of business entities and Intellectual Property Rights in Namibia. NamRA Commissioner Sam Shivute explains what the MOU means to NamRA in the context of improving service delivery. https://youtu.be/Dhq0QLQdtkE today1 February, 2024
insert_link Namibia NamRa conducts study at Trans Kalahari Border Post The Namibia Revenue Agency will undertake the second Time Release Study from 15 to 25 January 2024 at the Trans Kalahari Border Post. The study has been developed by the World Customs Organisation to measure the actual time required for the release and clearance of goods, from the time of arrival until the physical release of cargo. NamRa’s Tonateni Shidhudhu explains. today11 January, 2024
insert_link Namibia Namibia Revenue Agency announces system maintenance The Namibia Revenue Agency has announced that upcoming system maintenance on 13 January 2024 will affect the Integrated Tax Administration System and ASYCUDAWorld systems. NamRa's Chief of Strategic Communications and Support Engagements, Steven Ndorokaze expands. today8 January, 2024
