Namibia Revenue Agency

Domestic resources must be mobilizedto navigate financial challenges: !Gawaxab

Domestic resources must be mobilizedto navigate financial challenges: !Gawaxab

Martin Endjala For Namibia to navigate its way out of daunting financial challenges, the country must first mobilise its domestic resources, build fiscal buffers and engage in structural reforms. “Namibia stacks up well despite the challenges posed by the country’s declining rate of Gross Fixed Capital Formation and the limited skills base. While these challenges are daunting, they are not insurmountable. To navigate our way out of these challenges, Namibia must first mobilise its domestic resources, build fiscal buffers and engage in structural reforms,” Bank of Namibia Governor, Johannes !Gawaxab said. !Gawaxab spoke at Bloomberg’s flagship event in Namibia titled…
Read More
NamRA launches officially …as 20 Finance Ministry staff refuse to join

NamRA launches officially …as 20 Finance Ministry staff refuse to join

Andrew Kathindi Twenty employees from the Department of Inland Revenue and Customs Excise Directorate have indicated that they do not want to move to the newly formed tax collection agency, the Namibia Revenue Agency (NamRA). This was revealed by Finance Ministry Spokesperson Tonateni Shidhushu. The 20 employees who have not given their consent to be transferred to NamRA are part of 1400 other staff members from the department in the Ministry of Finance. All the employees were handed letters of intent to sign on whether they agree to or not to transfer to the newly formed government enterprise. "We will…
Read More