The Minister of Finance, Erica Shafudah, has tabled the Income Tax Amendment Bill to establish the Tax Court to adjudicate income tax and value-added tax appeals.

Finance Minister Ericah Shafudah has ruled out any immediate increase to the national budget, stating that the government will only review allocations once there is clearer evidence of economic growth.

The Finance Ministry has tabled a N$12.8 billion operational budget for the 2026-2027 financial year.

Finance Minister Ericah Shafudah, in tabling her ministry's budget, stated that it aims at sustaining core government functions and service delivery.

Finance Minister Ericah Shafudah informed the National Assembly that the government has not forgotten its 2025 discussions on ensuring that key commodities form part of the country's national reserves.

Government officials, business leaders and economists gathered in Windhoek on Wednesday morning for the Annual Budget Dialogue 2026, where speakers reflected on Namibia’s recently tabled 2026/27 National Budget and the role it will play in shaping the country’s economic future.

Minister of Finance Ericah Shafudah says that NamPost was awarded the tender of distributing grants as a result of the public entity to public entity procurement strategy.

This was her response to IPC MP Lilian Lutuhezi, who sought clarity on how the ministry came to the decision.

During the tabling of the national budget for the 2026/2027 fiscal year, Minister of Finance Ericah Shafudah revealed that the social sector remains the largest area of government expenditure.

Namibia has repaid the country's second Eurobond, valued at US$750 million, marking the largest single debt maturity in Namibia's history. 

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.