by crvanwyk | Apr 3, 2020 | Tax
INSIGHTS – NEWS Ministry of Finance Media Release – COVID-19 Tax Measures On 31 March, the Chief Public Relations Officer of the Ministry of Finance, Mr. Tonateni Shidhudhu, issued the Ministry’s first official correspondence related to the COVID-19...
by crvanwyk | Mar 23, 2020 | General Industry News
INSIGHTS – NEWS Repo rate reduced to 5.25 percent On 20 March, the Monetary Policy Committee (MPC) of the Bank of Namibia called a special meeting considering the recent extra-ordinary events emanating from the COVID-19 pandemic. The MPC cut the Reop rate with...
by crvanwyk | Mar 11, 2020 | Tax
INSIGHTS – NEWS Analysis of the latest version of the National Equitable Economic Empowerment Bill (NEEEB) The overall response to the latest version of the National Equitable Economic Empowerment Bill (NEEEB) remain adverse and, since its release, Namibia’s...
by crvanwyk | Feb 28, 2020 | Tax
INSIGHTS – NEWS Repeal of Tax Incentives On 19 February 2020, the Minister of Finance, Honourable Calle Schlettwein, tabled the first income tax amendment bill of 2020. The bill repeals the tax incentives applicable to registered manufacturers and export...
by crvanwyk | Feb 19, 2020 | Tax
INSIGHTS – NEWS Repo rate reduced to 6.25 percent On 19 February, the Monetary Policy Committee (MPC) of the Bank of Namibia held its bi-monthly meeting and decided to cut the Repo rate with 25 basis points to 6.25 percent. The decision was made to support...
