Staff Reporter THE Namibian Revenue Agency (NamRa) and the Business Intellectual Property Authority (BIPA) have signed a Memorandum of Understanding (MoU) to integrate their systems, aiming to combat tax evasion and money laundering. “We envision a future where, if you register your business at BIPA, you might not need to visit NamRa’s premises as we...
Tag: evasion
Zhong Mei Engineering wins tender worth nearly a billion weeks after allegations of tax evasion
Staff Reporter ZHONG Mei Engineering Group, a Chinese-owned company, has recently secured a major contract for road construction in the Erongo Region. This tender award comes just weeks after the company faced a dispute with the Namibia Revenue Agency (NamRA) regarding an unpaid tax of millions of Namibian dollars. In a recent update, NamRA has...
Walvis Bay suspects arrested for fraud, tax evasion, racketeering, and money laundering
Two men were arrested by the Walvis Bay police on 13 and 14 July over fraud, tax evasion, racketeering, and money laundering between 2021 and 2023. According to the Erongo police’s commander for community affairs, inspector Ileni Shapumba, Fred Matengu (49) and Amon Haukongo (37) alledgedly unlawfully and intentionally imported prohibited goods, failed to declare...
Foreigners arrested on tax evasion, bribery charges
Two foreign nationals were arrested for attempting to bribe an official of NamRA with N$50,000 in Windhoek. The arrest of the two foreign nationals follows a sting operation by NamRA and the Anti-Corruption Commission. In a statement, NamRA revealed that a Chinese man and an Angolan woman were arrested at its offices and ACC premises...