Chamwe Kaira
The Namibia Revenue Agency (NamRA) collected N$81.1 billion in net revenue for the 2025/26 financial year, exceeding its target of N$79.1 billion.
The agency reached 102.6% of its target by 31 March 2026.
Gross revenue collections stood at N$93 billion. After refunds of N$11.9 billion, net revenue reached N$81.1 billion.
Revenue was mainly driven by Southern African Customs Union receipts and value-added tax.
SACU contributed 26.0% of total revenue, amounting to more than N$21.1 billion. VAT followed at 23.6% or N$19.1 billion. Pay-As-You-Earn tax contributed 22.9%, equal to N$18.6 billion.
Corporate income tax accounted for 18.4% or N$14.9 billion. Other domestic taxes made up 6.5%, while international trade taxes contributed 2.6%.
NamRA said revenue collection has grown steadily over the past five years. From the 2021/22 financial year to 2025/26, total collections increased by 53.3%.
The agency reported an average annual growth rate of 9.0% for gross revenue and 8.9% for net revenue. Refunds grew by 9.2% over the same period.
Namibia’s tax-to-GDP ratio peaked at 35.4% before declining to 30.1% in 2025/26.
The results were presented during the agency’s Taxpayer and Trader Appreciation Day, marking five years of operations.
NamRA chairperson Peter Kruger said the agency is now focusing on digital systems as it enters its next phase.
“Over the next five years, digital transformation is a key pillar of our strategic execution,” he said.
He said the agency’s first years focused on building systems and stabilising operations.
Kruger said improving customer experience will be central to the shift, with a dedicated team leading digital projects and working with other countries.
He said digital systems are changing how people and businesses operate, with mobile devices now central to accessing services.
