The government’s public debt stock has decreased to 60.1 per cent of the Gross Domestic Product (GDP) during the 2024/25 financial year from 62.5 per cent recorded at the end of the preceding financial year.

The reduction was announced by Minister of…

WINDHOEK: The Namibia Investment Promotion and Development Board (NIPDB) has applauded the Minister of Finance and Public Enterprises, Iipumbu Shiimi, for the impactful changes in the 2024/25 National Budget, particularly targeted interventions and in…

OTJIWARONGO: The Otjiwarongo Municipality on Thursday launched its five-year strategic plan at the town.

Minister of Urban and Rural Development, Erastus Uutoni, launched the document in the presence of several regional and local authority councillor…

OPUWO: Finance and Public Enterprise Minister, Ipumbu Shiimi, on Wednesday, tabled the national budget for the fiscal year 2024/2025 in the National Assembly, under the theme ‘Continuing the Legacy of the late President Hage Geingob by Caring for the …

RUNDU: Minister of Finance and Public Enterprises, Iipumbu Shiimi on Wednesday said the Financial Year 2024/25 budget will lift mandatory registration threshold for Value Added Tax (VAT) from N.dollars 500 000 to N.dollars 1 million.

Shiimi made the …

OPUWO: Finance and Public Enterprises Minister Iipumbu Shiimi presented an N.dollars 100 billion budget to the National Assembly on Wednesday for the fiscal year 2024/25, with more than 20 per cent of the budget dedicated to economic and infrastructur…

RUNDU: Minister of Finance and Public Enterprises Iipumbu Shiimi said that over the preceding Medium Term Expenditure Framework (MTEF), the ministry maintained a policy stance to not consider new tax policy proposals.

Shiimi said this when he deliver…

OTJIWARONGO: Minister of Finance, Iipumbu Shiimi on Wednesday announced an increase in the budget of the Ministry of Mines and Energy of more than 50 per cent for the 2024/25 financial year.

He made this announcement during the tabling of the 2024/20…