Finance Minister Erica Shafudah will table the budget tomorrow in the National Assembly.
 
The national budget outlines key policy directions, spending priorities, and economic interventions that will directly impact households, businesses, and public institutions.
 

The Minister of Finance, Ericah Shafudah, says not all landlords are subject to paying tax, and just as with individuals, taxation depends on their income per year.

Finance Minister Ericah Shafudah is expected to present the Mid-term Budget Review to Parliament this afternoon.

The Namibian Broadcasting Corporation (NBC) has condemned allegations made by Independent Patriots for Change (IPC) MP John Louw Mouton, who claimed the public broadcaster failed to pay taxes to the Namibia Revenue Agency (NamRA) and alleged corruption related to a government bailout of N$353 million. 

Minister Ericah Shafuda has denied that the Finance Ministry instructed the Namibia Revenue Agency (NamRA) to investigate its Commissioner, Sam Shivute, over alleged management-related issues within the agency.

Instead, Shafuda says the NamRA board was instructed to investigate the matter.

The Ministry of Finance has directed NamRA Commissioner Sam Shivute to investigate himself after complaints of favouritism and nepotism were lodged against him by a human resources officer at the agency.

Cabinet has directed the Minister of Finance and Public Enterprises, Iipumbu Shiimi, to lead a comprehensive assessment of the proposed re-imagined Southern African Customs Union (SACU).

This was part of the recommendations at the 8th Summit of the SACU Heads of State and Government held in Eswatini.