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

revenue collection

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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.

todayAugust 5, 2024 32

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Africa

African countries are struggling with high debt, demands to spend more and collapsing currencies: the policy fixes that could help

  By Jonathan Munemo, Salisbury University Highly indebted African countries are facing stark trade-offs between servicing expensive debt, supporting high and growing development needs, and stabilising domestic currencies. Government debt has risen in at least 40 African countries over the past decade. As a result, some are experiencing a bad combination of high debt, elevated development spending needs amid budget shortfalls, and unfavourable exchange rate pressures. These issues have become […]

todayFebruary 1, 2024 6

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