MPS CALL FOR MORE FUNDING FOR DEVELOPMENT PROJECTS

Breadcrumb

Discussions on the Appropriation Bill commenced today, with MPs stating that more should be put towards development projects rather than operational costs, which now exceed N$80 billion, with only N$3,6 billion allocated towards development expenditure.

NamRa owed N$90 billion in unpaid taxes

Breadcrumb

Taxpayers owe the Namibia Revenue Agency (NamRa) a staggering N$ 90 billion accumulated over the years.
 
NamRA's Chief of Strategic Communications, Stakeholder Engagement, and Taxpayer Education, Yarukeekuro Steven Ndorokaze, described it as a historic debt.
 

AG concerned about NSFAF's ability to recoup student debt

Breadcrumb

The Namibia Students Financial Assistance Fund (NSFAF) holds a financial asset in student loans of N$10.3 billion for the financial year that ended on 31 March 2024. 

However, the auditor general's latest report on the accounts of NSFAF raised concerns over poor loan recovery management.