Niël Terblanché
Namibia Revenue Agency (NamRA) has collected N$88.6 billion in tax revenue during the 2024/25 financial year, surpassing its initial target of N$85.3 billion.
The Minister of Finance and Social Grants Management, Ericah Shafudah, announced the figures during NamRA’s 4th Annual Taxpayer and Trader Appreciation Day held in Windhoek on Monday evening.
“This is not merely a success for NamRA but a reflection of the dedication and compliance of our taxpayers and traders,” she said while describing the outcome as a collective achievement.
She added that the total collected represents 103.81 percent of the projected revenue for the financial year.
She acknowledged the role of individuals and businesses that have remained fully compliant with tax regulations, including registration, filing, declarations, and payments.
“The taxpayers and traders who will be awarded today are those who are fully compliant,” she said.
Shafudah added that such recognition serves as an incentive for others to meet their tax obligations.
NamRA has become central to the government’s efforts to strengthen domestic revenue collection.
Shafudah said she had been involved in the planning of the agency’s establishment during her previous role in the Ministry of Finance.
“Exactly four years ago, on this very day, 7 April 2021, we gathered in this same venue to officially launch NamRA. Today, I am proud to say that we are living that vision,” she said.
The minister stressed that effective resource mobilisation remains critical as the country grapples with socio-economic challenges worsened by global conditions and climate change.
“The only way to overcome these challenges is through effective resource mobilisation, which requires strong partnerships between the public and private sectors,” she said.
She also urged taxpayers to remain committed to compliance, which enables the government to meet its obligations and bring about much-needed development.
Shafudah reaffirmed the government’s intention to broaden the tax base and enhance revenue administration.
“The establishment of a dedicated Tax Court is at an advanced stage. We anticipate tabling the relevant Bill in Parliament during this financial year,” she said.
The minister reminded taxpayers that the Tax Amnesty Programme remains in effect until 31 October 2026, encouraging eligible taxpayers to take advantage of the reprieve before the deadline.
She also promoted the Authorised Economic Operator (AEO) Programme, particularly to importers, noting its potential to enhance business efficiency and competitiveness through benefits such as reduced compliance costs and expedited customs clearance.
Shafudah welcomed NamRA’s growing partnerships with regional and international bodies, including the African Tax Administration Forum (ATAF).
“ATAF has provided invaluable technical support to NamRA, and the Government is truly grateful for this ongoing partnership,” she said.
Shafudah urged NamRA to continue with its taxpayer and trader education campaigns.
“Let us continue to work together, strengthen our collaboration, and ensure that no taxpayer is left behind,” she said.
