Namibia churches have reacted strongly against the proposed tax on churches announced on Wednesday by Finance Minister, Calle Schlettwein, when he read out his budget speech in the National Assembly.

Manufacturing incentives flop

Finance minister, Calle Schlettwein has admitted that manufacturing incentives, which government offered as part of its Vision 2030, flopped.Finance minister, Calle Schlettwein has admitted that manufacturing incentives, which government offered as part of its Vision 2030, flopped.

‘Tax changes will bring more misery’

Economist Rowland Brown has warned of dire consequences to the Namibian economy if government goes ahead with its proposed tax changes announced recently by the finance minister. Economist Rowland Brown has warned of dire consequences to the Namibian economy if government goes ahead with its proposed tax changes announced recently by the finance minister. 

Finance Minister, Calle Schlettwein, says Air Namibia should learn to live with what they are given while they find ways to operate at a profit.Finance Minister, Calle Schlettwein, says Air Namibia should learn to live with what they are given while they find ways to operate at a profit.

Govt going ahead with wage bill cuts

Finance Minister, Calle Schlettwein, says government is going ahead with plans to cut its wage bill, which takes up almost 50 percent of its annual revenue.

Better prospects for economy

Namibia’s economic prospects for 2018 are brighter than two years ago and the economy is projected to emerge from a mild contraction experienced last year, Finance Minister, Calle Schlettwein, has said.

Govt to borrow more despite consolidation

Namibia can expect to borrow more money, which may raise further serious concerns about the country from international ratings agencies.

Treasury seeks to reverse N$20m bar deal

Finance Minister, Calle Schlettwein, is leading an inquiry into how the Business and Intellectual Property Authority (BIPA), through the Ministry of Industrialisation, Trade and SME Development, bought a rundown property in Katutura for N$18 million without approval from the procurement board and the line minister. 

Treasury cuts 2017 economic growth forecast

Finance Minister, Calle Schlettwein, has cut the country’s initial 2017 economic growth forecast of 2.5 percent down to 1.8 -2.3 percent after Namibia slipped into a technical recession in the second quarter.

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