The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

NIPDB lauds Shiimi’s impactful budgetary changes

Contributed by NAMPA.

WINDHOEK, 29 FEB (NAMPA) – 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 initiatives.
NIPDB Chief Executive Officer, Nangula Uaandja said the increase in the VAT threshold from an annual turnover of N.dollars 500 000 to N.dollars 1 million will ease the administrative burden on small businesses and accelerate th ...