INSURANCE SECTOR URGED TO BOOST CLIMATE RESILIENCE

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Finance Minister Erica Shafudah has called on the insurance sector to play a bigger role in building economic resilience under climate change pressure.

It is Namibia National Reinsurance Corporation's 25th anniversary, and the celebrations are taking place at Swakopmund.

PUBLIC ENTITIES REQUIRED TO RESERVE PROCUREMENT FOR SMES

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All public entities in Namibia are required to reserve a specific percentage of their procurement plans for SME participation.

Minister of Finance Erica Shafudah said this in response to Nudo leader Vetaruhe Kandorozu, who questioned whether there is a procurement threshold dedicated to SMEs.

UNAM VETERINARY HOSPITAL SEEN AS KEY NATIONAL ASSET

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Finance Minister Erica Shafudah has described the University of Namibia (UNAM)'s Veterinary Academic Hospital as a national asset critical to economic development, public health, and scientific innovation.

SHAFUDAH CALLS FOR SHARED RESPONSIBILITY IN EDUCATION

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Minister of Finance Erica Shafudah has emphasised that educating a Namibian child should not be the sole responsibility of the government but a shared commitment involving all stakeholders.

NAMRA REFUND PROCESSING PERIOD REDUCED FROM 90 TO 60 DAYS

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Finance Minister Erica Shafudah has announced that NamRA has been instructed to ensure that they improve on the processing of refunds, with the period for processing refunds having been reduced from 90 to 60 days.

FINANCE MINISTER TABLES ACCOUNTANTS BILL

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Finance Minister Erica Shafudah has tabled the Accountants and Auditors Regulatory Authority Bill.
 
The bill aims to strengthen financial accountability, promote integrity in financial reporting, and align Namibia's accounting and auditing professions with global accounting and auditing standards.

'ORDER WITH ME' ENTREPRENEURS RAISE CONCERNS WITH PRIME MINISTER

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Small business entrepreneurs popularly known as “Order with Me” have met with Prime Minister Elijah Ngurare to raise their challenges.
 
Dr. Ngurare was joined by Finance Minister Erica Shafudah and the Namibia Revenue Agency (NamRA) Commissioner (NamRA), Sam Shivute.
 

SHAFUDAH HAILS BENEFITS OF FIMA

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Finance Minister Erica Shafudah says the Financial Institutions and Market Act (FIMA) will deliver meaningful benefits across all segments of society. 

The act aims to strengthen consumer protection, promote financial inclusion and enhance regulatory oversight, among other things.

Shafudah to table budget tomorrow

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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.