Africa Links 24 with Namibia Press Agency
Published on 2025-03-28 07:20:01
Finance minister Ericah Shafudah said Namibia anticipates an improved performance in several domestic revenue streams, highlighting that the country’s value added tax (VAT) is expected to rise by N$2.6 billion.
While presenting her maiden budget in parliament on Thursday, Shafudah indicated that the revised estimates for the 2024/25 financial year suggest that income tax on individuals is projected to increase by N$1.8 billion, while non-mining company taxes are estimated to rise by…
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