SOUTHERN AFRICA URGED TO RAISE TOBACCO TAXES

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Governments in the Southern Africa region have been urged to strengthen tobacco taxation as a tool to reduce its use and generate revenue for health and social services.

This comes as countries face pressure on public finances, rising non-communicable diseases, and declining external assistance.

NAMRA DETECTS 316 FRAUDULENT CLAIMS OVER FOUR YEARS

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The Namibia Revenue Agency (NamRA) has revealed that it has detected 316 cases of fraudulent claims or forged documents over the past four years, worth a combined N$1 billion.

Finance Minister presents a National Budget of n$106.3 billion

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Finance Minister Ericah Shafudah has tabled a budget of N$106.3 billion for the 2025-2026 financial year, the maiden budget of the new administration of President Netumbo Nandi-Ndaitwah. 

The budget, themed "Beyond 35, for a Prosperous Future", marks an increase of 22.6% from the previous year.