The Namibia Revenue Agency (NamRA) has said it will ensure the realisation of fiscal expenditure objectives following the passing of finance minister Ericah Shafudah’s N$106.3-billion national budget for the 2025/26 financial year.
One of the budget’s objectives, Shadufah said, was the modernisation of tax administration.
It includes the introduction of an e-invoicing system for individuals registered for Value-added Tax (VAT).
NamRA Commissioner Sam Shivute earlier indicated that the agency had completed research and benchmarking on this system, which is scheduled for implementation in April 2026.
The revenue agency stated that the initiative had the potential to significantly reduce administrative costs, enhance data accuracy, and combat VAT fraud.
According to Shivute, substantial progress has been achieved through Namibia’s Tax Amnesty Programme, which resulted in N$3 billion in collections across various tax categories between April 2023 and February 2025.
The amnesty programme is set to continue until October 31, 2026.
Shadufah has, in turn, said NamRA’s approach in mobilising domestic revenue resources has enabled the fiscus to meet its obligations despite considerable revenue challenges, particularly within the diamond sector.
Shivute urged the public to support NamRA’s efforts by fostering a culture of voluntary compliance, suggesting that collaboration could help build a resilient economy and secure a better future for all.