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Shiimi dedicates 2024/25 budget to former President Geingob

WINDHOEK: Finance and Public Enterprises Minister Iipumbu Shiimi said the national budget for the 2024/25 financial year is dedicated to the late President Hage Geingob to honour his legacy.

Shiimi tabled a historic N.dollars 100.1 billion budget in …

Reduction in public debt stock recorded

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…

Home Affairs introduces one-stop shop for business applications

The Department of Home Affairs (DHA) has created a one-stop shop to streamline business applications and give effect to the recommendations of its visa reform initiative.

The one-stop shop, which is known as the Trusted Employer Scheme (TES), was cre…

Shiimi tables 2024/2025 National Budget

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 …

SMEs to get relief from VAT administration – Shiimi

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 …