Repo rate reduced to 3.75 percent

Repo rate reduced to 3.75 percent

INSIGHTS – NEWS Repo rate reduced to 3.75 percent On the 18th of August 2020, the Monetary Policy Committee (MPC) of the Bank of Namibia held its bi-monthly meeting and decided to reduce the Repo rate by 25 basis points, from 4 percent to 3.75 percent, a new...
Public Notice to Taxpayers

Public Notice to Taxpayers

INSIGHTS – NEWS Public Notice to Taxpayers Namibia’s Ministry of Finance released an official statement confirming the deadline to submit Individual Income Tax Returns was extended from 30 June 2020 to 30 September 2020. Home » Tax » Page 2 Public Notice to...
Repeal of Tax Incentives

Repeal of Tax Incentives

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...
Repo rate reduced to 3.75 percent

Repo rate reduced to 6.25 percent

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...