13
Nov
Niël Terblanché The Namibia Revenue Agency (NamRA) hosted a well-attended stakeholder engagement session in Walvis Bay where 72 participants discussed the draft Customs Bond Management Policy. According to a statement issued by NamRa, the session on Tuesday was aimed at gathering feedback and refining the draft policy, which is an important step toward establishing clear guidelines and safeguards within Namibia’s customs industry. The Customs Bond Management Policy, currently in development, seeks to formalise the requirements for surety bond amounts under the Customs and Excise Act of 1998. This new policy aims to ensure that bonds are set at reasonable amounts,…
