Category: Industry

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Embu County Automates Revenue Collection

Embu County Government is rolling out an automatic revenue collection system that is expected to seal all loopholes for revenue pilferage.

Governor Cecily Mbarire said the system developed in collaboration with the Ministry of ICT and Safaricom will …

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Development should be community-centred: Klazen

KEETMANSHOOP: Minister of Fisheries and Marine Resources, Derek Klazen has said Lderitz is destined to become a booming commercial centre and urged its residents to embrace the new realities that come with socio-economic opportunities.

Klazen, who wa…

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Economist applauds government on tax reform

WINDHOEK: First National Bank (FNB) economist, Helena Mboti, has applauded the government on the newly announced tax relief, saying it supports the late President Hage Geingob’s legacy of being the people’s president.

She said this in an interview wi…

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Reduction in public debt stock recorded

The government’s public debt stock has decreased to 60.1 per cent of the Gross Domestic Product (GDP) during the 2024/25 financial year from 62.5 per cent recorded at the end of the preceding financial year.

The reduction was announced by Minister of…

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NIPDB lauds Shiimi’s impactful budgetary changes

WINDHOEK: The Namibia Investment Promotion and Development Board (NIPDB) has applauded the Minister of Finance and Public Enterprises, Iipumbu Shiimi, for the impactful changes in the 2024/25 National Budget, particularly targeted interventions and in…

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Shiimi tables 2024/2025 National Budget

OPUWO: Finance and Public Enterprise Minister, Ipumbu Shiimi, on Wednesday, tabled the national budget for the fiscal year 2024/2025 in the National Assembly, under the theme ‘Continuing the Legacy of the late President Hage Geingob by Caring for the …

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SMEs to get relief from VAT administration – Shiimi

RUNDU: Minister of Finance and Public Enterprises, Iipumbu Shiimi on Wednesday said the Financial Year 2024/25 budget will lift mandatory registration threshold for Value Added Tax (VAT) from N.dollars 500 000 to N.dollars 1 million.

Shiimi made the …

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