ConCourt judgment in Capitec vs SARS clarifies important VAT principles

The decision addresses the recovery of VAT on payments made under loan cover provided free of charge.

Namibia – Trade deficit narrower, economic growth lower

The Namibia Statistics Agency (NSA) released its latest monthly Trade Statistics Bulletin on June 12. The NSA recorded a trade deficit of N$2.179bn for the month of April, reflecting a decrease of 46.8% […]

Namibia – Central bank keeps repo rate steady

The Bank of Namibia’s (BoN, the central bank) Monetary Policy Committee (MPC) held its latest meeting on April 16. The BoN decided to keep the repo rate unchanged at 5.5%. In justifying its […]

Namibia – IMF concludes Article IV consultation

The International Monetary Fund (IMF) concluded its 2013 Article IV consultation with Namibia on 29 January 2014. The Fund staff’s appraisal acknowledged that Namibia managed to make significant progress in relation to the […]

Namibia – IMF comments after Article IV visit

A mission from the International Monetary Fund (IMF) concluded its annual visit to Namibia with a statement on November 7, emphasising the “consistently high quality” of policy discussions with local authorities. The Fund […]