Namibia’s extractive industry is a crucial component of the country’s tax revenue, according to the commissioner of the Namibia Revenue Authority (Namra), Sam Shivute, who spoke at the opening of the African Tax Administration Forum (Ataf) workshop on value-added tax (VAT) administration and compliance in the extractive sector.
According to the African Tax Outlook, VAT has contributed the highest revenue at an average of 30% of total revenue collected in African countries for the last four years.
Source: www.namibian.com.na
Latest Posts in "Namibia"
- Namibia’s 2026/27 Budget: VAT Act Amendments to Boost Key Sectors and Modernise Compliance
- Namibia’s 2026/2027 Budget Tabled; E-Invoicing System Announced
- Key VAT and Customs Reforms in Namibia’s 2026/27 Budget: Sectoral Relief, E-Invoicing, SEZ Review
- Namibia Delays Mandatory E-Invoicing Launch to 2028 or Later in Latest Budget
- Namra Suspends VAT Import Accounts Over Unpaid Balances, Importers Must Pay at Entry Points
