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Shiimi raises sin taxes on alcohol and tobacco products
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Shiimi raises sin taxes on alcohol and tobacco products

Shiimi raises sin taxes on alcohol and tobacco products – The Brief is Namibia’s leading Daily Business, Finance and Economic News publication Finance Minister Iipumbu Shiimi, has increased the sin tax on respective excisable commodities effective February 22, 2024, as per the Southern African Customs Union (SACU) agreement. While tabling the 2024/25 budget in the...

Mulunga’s alleged N$123m sin – The Namibian
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Mulunga’s alleged N$123m sin – The Namibian

The National Petroleum Corporation of Namibia (Namcor) is charging suspended managing director Immanuel Mulunga with fraud involving N$123 million, breaching his employment contract, and allegedly leaking information to The Namibian. Mulunga is reportedly facing three charges, with two emanating from the controversial Sonangol deal in which Namcor paid US$6,7 million (N$123 million at the time)...