Tonateni Shidhudhu – Windhoek Observer

16 Sep

15 000 pensioners medical aid cut off

ObserverObserver MoneyPSEMAS, Public Service Employees Medical Aid Scheme, Tonateni Shidhudhu

Eba Kandovazu A TOTAL 15 162 retired pensioners will no longer have access to the Public Service Employees Medical Aid Scheme (PSEMAS) benefits following its after they failed to contribute to the fund and re-apply for medical aid at retirement. Ministry of Finance Spokesperson, Tonateni Shidhudhu, has announced saying PSEMAS membership verification project revealed the non-contribution. According to him, the pensioners have been benefiting from the medical aid scheme since their retirement. The Public Services Staff rule on public service employees medical aid scheme stipulates that members apply for the medical aid scheme 90 days after retirement or risk fortfeiture…

23 Aug

GRN expects to raise millions at new quota auction

ObserverObserver Money, UncategorisedFinance Ministry, Tonateni Shidhudhu

Tujoromajo Kasuto The Ministry of Finance (MoF) expects to make millions in a new round of governmental objective fishing quota auction for 392 metric ton (MT) Monk Freezer Fish. MoF Spokesperson, Tonateni Shidhudhu, says the Monk specie is the last auction for this catching season and a successful auction, similar to last auctions for Hake and Horse Mackerel after the first unsuccessful attempt earlier this year, is expected. The auction, which is meant to raise revenue for Government expenditure with a deadline for 27 August, has set a minimum price of N$10,000 per metric ton. According to the MoF, the…

25 May

NAPWU clueless about Gvt retrenchment plans

ObserverUncategorisedGabes Andumba, International Monetary Fund (IMF), Namibia Public Workers Union (Napwu), NAPWU clueless about Gvt retrenchment plans, Tonateni Shidhudhu

Kandjemuni Kamuiiri The Namibia Public Workers Union (NAPWU) says it’s not aware and has not been consulted over government plans contained in an International Monetary Fund (IMF) funding proposal to implement an early retirement scheme during financial year 2022/2023-2023/2024 as a means to contain the civil service wage bill. Although it’s not clear how many government employees will be affected if government moves ahead with the proposal contained in the IMF’s staff supports authorities’ medium-term fiscal consolidation strategy to preserve fiscal and debt sustainability, the measures are aimed at reducing its huge public service wage bill. Namibia according to government…

09 Apr

COVID saves Govt millions in S&T

ObserverObserver MoneyCovid-19, Government, Ministry of Finance Spokesperson, Tonateni Shidhudhu

Kandjemuni Kamuiiri The restrictions on travel due to COVID-19 have saved government N$105.7 million in travel allowances. According to Ministry of Finance Spokesperson, Tonateni Shidhudhu, a 34.06 percent cost saving was achieved in 2020/2021 compared to the last financial year’s (2019/2020) expenditure. He added that a 56.81 percent saving had been achieved for the Daily Subsistence Allowance (DSA) compared to the last financial year. Shidhudhu said only 51.33 percent was spent, of which DSA gobbled up over N$105 million for the period April 2021 to December 2021, compared to the N$243,1 million ,of which 78.4 percent was spent from the…

24 Sep

Finance ministry extends tax registration deadline

ObserverObserver MoneyIntegrated Tax Administrative System (ITAS), Ministry spokesperson, Tax Returns (ETX template/excel sheer), Tonateni Shidhudhu

Helena Johannes The Ministry of Finance has extended the submission deadline for annual individual income tax returns from 30 September to 1 March 2021. Ministry spokesperson, Tonateni Shidhudhu said the extension was being done in order to “allow more time to employers who did not submit their employees Tax Returns (ETX template/excel sheer) on the Integrated Tax Administration System portal,” adding that the extension only applies to the filing of returns, not for the payment of tax which is still due by 30 September. This comes after the finance ministry only managed to register 24 percent out of its 90…

15 Jul

Finance ministry integrates systems

ObserverUncategorisedMinistry of Finance, Ministry of Finance Chief Public Relations Officer, Tonateni Shidhudhu

Staff Writer The Ministry of Finance has announced the integration of its tax and customs payment systems. “Ministry of Finance wishes to inform taxpayers that the Integrated Tax Administration System (ITAS) and the Automated Systems for Customs Data (Asycuda) are now linked,” Ministry of Finance Chief Public Relations Officer, Tonateni Shidhudhu said. He said, “the integration of the two systems will now make it possible for information in respect of an import declaration made in Asycuda for deferred payment of Value Added Tax on imports (VIA) to be send to ITAS and automatically processed to the VIA account of the…