SERVICES RENDERED IN NAMIBIA: KNOW WHEN YOU ARE LIABLE FOR TAX

SERVICES RENDERED IN NAMIBIA: KNOW WHEN YOU ARE LIABLE FOR TAX The Namibian tax system is a source-based income tax system, meaning that Namibia can tax income if it is from a Namibian source or deemed Namibian source. The legislation specifically includes in its deeming provisions “any service rendered or work or labour done by […]

PRESS SECRETARY REFLECTS ON PRESIDENT MBUMBA’S FIRST SIX MONTHS IN OFFICE

In his first six months in office, President Nangolo Mbumba has navigated Namibia through a period of profound change and challenge following the passing of his predecessor, Dr Hage Geingob, in February 2024. Reflecting on this transition, President Mbumba has demonstrated a steady hand in guiding the nation through mourning and uncertainty, steering the country […]

UNVEILING THE FISCAL LANDSCAPE OF NAMIBIA

Economic Pulse Namibia’s annual budgetary process is a crucial aspect of the country’s economic planning and fiscal management. In previous years, the government has presented comprehensive budgets aimed at addressing key national priorities, fostering economic growth and ensuring the wellbeing of its citizens. This year, the Namibian FY2024/25 budget is anchored on three policy pillars: […]