insert_link Business / Economics NamRA Warns Importers Over Unpaid VAT The Namibia Revenue Agency has cautioned that importers who fail to settle outstanding deferred VAT balances may have their accounts suspended. NamRA’s Tonateni Shidhudhu, manager of strategic communications and stakeholder engagements, said affected importers must pay VAT upfront at customs and clear any arrears to avoid disruptions. today23 December, 2025
insert_link South Africa South African Local Government Association Proposes Zero-VAT on Water and Electricity South Africa's Local Government Association has proposed the zero-VAT-rating of essential items like water and electricity. SALGA's Sabelo Gwala says taxing luxury goods will increase government revenue, suggesting a staggered VAT approach. This comes ahead of Finance minister Enoch Godongwana’s revised budget next Wednesday following disagreements over a potential VAT increase. Gwala warns that a blanket VAT hike would have severe consequences: today5 March, 2025
insert_link South Africa In S.A, ANC calls for a constructive, informed, and sober debate on the budget In S.A, the ANC Veterans' League is calling for a constructive, informed, and sober debate on the budget. ANC Veterans' League president, Snuki Zikalala, says the government should avoid drastic expenditure slashing and must also be mindful of the sentiment of citizens, who struggle with high unemployment and the ongoing high cost of living. Meanwhile, the DA says it refuses to be held hostage or intimidated by the ANC’s blatant […] today3 March, 2025
insert_link South Africa SA Finance Minister Urges Global Action on Tax Reforms S.A Finance minister says much more work still needs to be done to ensure all countries implement international tax reforms. Enoch Godongwana was speaking on the sidelines of the G20 Finance Ministers’ and Central Bank Governors’ meeting in Cape Town on Wednesday. today27 February, 2025
insert_link South Africa BOSA in S.A says Budget Delay Shows Chaos in Unity Government Build One South Africa says the postponement of Finance minister Enoch Godongwana’s budget speech on Wednesday, demonstrated the chaos within the government of national unity. The budget was postponed for the first time since 1994 after cabinet members pushed back against a proposed two-percent value-added-tax hike. BOSA’s spokesperson, Roger Solomons, says the government has put the economy in jeopardy and transparency and clarity are now needed: Meanwhile, the unprecedented […] today20 February, 2025
insert_link South Africa S.A’s Presidency Minister Dismisses Budget Clash as ANC-DA Battle S.A's minister in the Presidency Khumbudzo Ntshavheni has dismissed claims that budget disagreements are a battle between the DA and ANC. She said the decision to postpone the budget to 12 March was made by the cabinet as a whole, not by individual parties and that even ANC ministers had differing views on the proposed VAT increase: today20 February, 2025
insert_link Business / Economics NamRa Commissioner sets record straight on tax refunds Businesses have raised concerns about the tax relief that was gazetted in October. This follows the Ministry of Finance and Public Enterprises' announcement that employers will need to reimburse employees once the new statutory tax rates are officially published. Namibia Revenue Agency's commissioner, Sam Shivute explains. today21 October, 2024
insert_link Namibia Finance Ministry calls for employee PAYE refunds after tax changes The Ministry of Finance and Public Enterprises has instructed employers to reimburse employees once the new statutory tax rates are gazetted, according to a media release issued on Saturday. The Ministry's spokesperson, Wilson Shikoto, explains. Cirrus Capital economist Robert McGregor said that the amendment will provide consumers with additional relief over and above the 25 basis points repo rate reduction seen last month. Meanwhile, business owner […] today16 September, 2024
insert_link 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 […] today17 July, 2024
