Estate Planning: Expenses to Be Considered for a Deceased Estate

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 4

Business / Economics

GIPF Announces Tax Relief Refunds for Pensioners and Beneficiaries

The Government Institutions Pension Fund has confirmed that tax-paying pensioners, as well as spousal and child beneficiaries, will receive their tax relief refunds on 28 November. This is in line with the provisions of the Income Tax Amendment Act, ensuring that eligible recipients benefit from the updated tax regulations.. General Manager, Marketing and Stakeholder Engagement at the GIPF: Edwin Tjiramba

October 2, 2024 61

Namibia

Tax Exemption Windfall: Namibians Set to Benefit in 90 Days

Namibians earning N$100,000 or less annually are poised to experience the benefits of the tax exemption recently announced by Finance and Public Enterprises Minister Iipumbu Shiimi within approximately 90 days. The tax breaks encompass the first N$100,000 of employees' earnings, rendering it tax-free. This development comes in the wake of Shiimi's budget speech in parliament, where he elevated the tax threshold from N$50,000 to N$100,000, signifying a positive shift in […]

March 6, 2024 30

Business / Economics

Market Watch – 20 February 2024

Michelle speaks to Capricorn Asset Management's Chief Economist, Floris Bergh, about the National Budget and what some of his expectations are. https://iono.fm/e/1408223

February 21, 2024 33

Opinion Pieces

Thriving in the Gig Economy: Strategic Financial Planning for Independent Contractors and Freelancers

By Ndadhi Ndoroma, General Manager, Personal Finance, Old Mutual Namibia The gig economy has transformed the way we work, providing freelancers and contractors with unparalleled freedom and opportunities. However, this newfound independence is sometimes accompanied by financial difficulties and uncertainty. In this volatile environment, achieving financial wellness necessitates specialised methods and a proactive approach. Let's look at some practical guidance and financial planning ideas to help people navigate the gig […]

October 19, 2023 1