Economist Embraces Tax Amnesty Announcement

Economist Embraces Tax Amnesty Announcement

During the presentation of the mid-term budget, Finance minister,Iipumbu Shiimi, announced the extension of the tax amnesty programme until October 31, 2026. It was originally set to expire today. Economist Gabriel Erastus provided his insights on the announcement.

October 31, 2024 27

Africa

Kenya protests show citizens don’t trust government with their tax money: can Ruto make a meaningful new deal?

By Eric Magale, University of Pretoria and Mario Schmidt, Max Planck Institute for Social Anthropology Each year, the Kenyan government tables a finance bill outlining measures for funding the national budget. In the past, these bills have scarcely attracted public attention. This changed dramatically in 2023, with President William Ruto’s first budget following his election victory the year before. Ruto inherited an economy battling […]

July 17, 2024 54

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.

June 27, 2024 90

Business / Economics

Namibia Breweries Limited receives double honour for revenue contribution in 2023

Namibia Breweries Limited has been awarded the “Overall Highest Trader Revenue Contribution” for the year 2023 by the Namibia Revenue Agency showcasing the NBL’s tax compliance and overall positive contribution to the development of the local economy. NBL was awarded in the category of the “Highest Contributor of Customs and Excise,” which relates to the revenue collected mainly on customs and excise duties and Value Added Tax for the period […]

April 18, 2024 66

Local

NBL receives Overall Top Tax Contributor Award

Namibia Breweries Limited (NBL) was recently awarded with the “Overall Highest Trader Revenue Contribution” for the year 2023. The award from the Namibia Revenue Agency (NamRA), showcases the NBL’s tax compliance and overall positive contribution to the development of the local economy. NBL was awarded in the category of the “Highest Contributor of Customs and Excise,” which relates to the revenue collected mainly on customs and excise duties […]

April 17, 2024 21