Namibia Wildlife Resorts (NWR) has cleared all statutory debts, amounting to over N$93 million, including historical tax payments owed to the Namibia Revenue Agency (NamRa).

NWR announced its debt-free milestone in a media statement after settling all its outstanding long-term and statutory debts successfully, some of which date back to its foundation.

These debts included financial obligations to both development financial institutions and commercial funding organisations, posing a long-standing financial challenge for the company.

Namibia Revenue Agency (NamRa) Commissioner Sam Shivute says it is important for employees to invest in their retirement funds, as many only start building their houses or buying cars after retirement.

Vendors who sell their products alongside the road leading to Chinatown Market in Windhoek are not happy with the way Namibia Revenue Agency (NamRA) is purportedly handling their businesses.

They have expressed worry over the products being seized by the revenue agency as part of its campaign to punish companies that manufacture counterfeit items.

These are the vendors conducting business outside Chinatown and selling cosmetic and medicinal products. They expressed dismay with the methods employed by NamRA in its operations.

The Namibia Revenue Agency (NamRA) says it will leave no stone unturned in implementing its Tax Law Enforcement Strategy to ensure that what is owed to the state is paid.

Soon after its establishment, NamRA continued its drive to optimise Namibia's tax revenue collection.

This has led to some reforms at NamRA offices countrywide to ensure compliance by companies and individuals.

Previously, regional offices such as the one at Oshakati were reported to have not been meeting revenue collection targets owing to non-compliance by taxpayers.

The Namibia Revenue Agency (NamRA) held an awareness session on the Authorised Economic Operator (AEO) Programme in the Zambezi Region.

The programme is aimed at rewarding compliant traders who meet specific criteria, with the purpose of enhancing supply chain security and facilitating legitimate trade through the establishment of a framework of standards and practises.

The Head of Customs and Excise at the Namibia Revenue Agency (NamRA), Wilbroad Poniso, says the agency has been working tirelessly towards streamlining the way of doing business by ensuring efficiency, protection, and compliance in the global supply chain.

Poniso was speaking during an awareness session on the Authorised Economic Operation (AEO) at Walvis Bay.

The  AEO Programme serves as a vital instrument in achieving NamRA objectives.

The Namibia Revenue Agency (NamRA) says all its staff members stationed at the Trans-Kalahari/Mamuno Border Post will soon receive decent houses.

NamRA, alongside other border agencies, has seconded additional staff members to the Trans-Kalahari/Mamuno Border Post to man the 24-hour operations.

Accommodation for the employees has since been made a priority as the construction of houses is about to commence.

NamRA Commissioner Sam Shivute says the provision of houses for staff members at the border post would help in the non-compromising of service delivery.

Namibia hopes to increase its contributions to the Southern African Customs Union (SACU) pool and, in return, increase its revenue share.

This follows the extension of the operating hours at the Trans-Kalahari/Mamuno Border Post in the Omaheke Region.

The extension of operating hours at the Trans-Kalahari/Mamuno Border Post stems from more than 20 decisions taken during the inaugural Botswana-Namibia Bi-National Commission meeting held last year.

Taxpayers have once again been urged to take advantage of the Tax Amnesty Program and file their taxes.

Through the Tax Amnesty program announced on the 1st of April, the Ministry of Finance agreed to waive 100% of the interest and penalties on taxes owed to the taxman.

Taxpayers and clients owe the state more than N$60 billion.

The Namibia Revenue Agency (NamRA) says that from that amount, the capital debt amount accounts for only N$15 billion, while the rest is from interest and penalties.

The Namibia Revenue Agency (NamRA) confiscated goods worth more than N$5 billion between 2004 and 2020.

This was revealed at the NamRA Talks event, where 10 participants presented topics on, among others, the impact of counterfeit goods on the economy and effective ways of taxation in the digital economy.

One of the participants, Onesmus Joseph, spoke about the impact of counterfeit goods on the national economy.

Also speaking at the event was Vivienne Katjiuongua, BIPA CEO

Her presentation focused mainly on intellectual property.