01
Mar
Patience Masua The recent budget announcement by Minister Shiimi marks a pivotal moment in Namibia’s fiscal strategy, particularly with its strategic three-pronged approach aimed at bolstering economic resilience and social welfare when the masses need it most. The significant tax amendments, including the doubling of the income tax threshold for individuals to N$100,000 and the reduction in non-mining company tax rates, signal a concerted effort to provide relief to low-income earners and stimulate domestic demand. This move not only puts more money directly into the pockets of taxpayers but also fosters a more conducive environment for private sector growth and…