Banner 330x1440 (Fireplace Right) #1

Namra collects N$61 billion towards revenue target

The Namibia Revenue Agency (Namra) collected N$61.06 billion by end December towards its N$88.999 billion revenue target for the 2025/26 financial year.

This is according to data released by the agency.

Namra said domestic taxes accounted for N$41.63 billion of the total, while customs and excise contributed N$19.43 billion, underscoring the continued reliance on internal revenue sources to support the national fiscus.

By comparison, cumulative revenue collections for the 2023/24 financial year stood at N$76.52 billion by March 2024, comprising N$48.72 billion from domestic taxes and N$27.80 billion from customs and excise.

Collections rose further in the 2024/25 financial year, reaching N$88.56 billion by March 2025, with domestic taxes increasing to N$56.49 billion and customs and excise to N$32.06 billion.

NamRA said its workforce stood at 1 507 employees from 12 January.

This includes 1 418 permanent staff, 19 employees on contract or internship, and 67 seconded staff, while recruitment for three positions remained under way.

The tax base also continued to expand, with 1 150 405 taxpayers registered in Namibia by 31 December 2025. Of these, 1 055 978 were active taxpayers, while 633 879 had registered on the ITAS portal over the same period.

The agency said Namibia collected a total of N$275.86 billion in tax revenue over the past four financial years, with collections increasing steadily during the period.

Total tax revenue rose from N$52.96 billion in the 2021/22 financial year to N$88.56 billion in 2024/25.

This reflects improved economic activity, stronger compliance and higher collections from key tax categories, including individual income tax, corporate tax, value added tax (VAT) and international trade receipts.

In an age of information overload, Sunrise is The Namibian’s morning briefing, delivered at 6h00 from Monday to Friday. It offers a curated rundown of the most important stories from the past 24 hours – occasionally with a light, witty touch. It’s an essential way to stay informed. Subscribe and join our newsletter community.

AI placeholder

The Namibian uses AI tools to assist with improved quality, accuracy and efficiency, while maintaining editorial oversight and journalistic integrity.

Stay informed with The Namibian – your source for credible journalism. Get in-depth reporting and opinions for only N$85 a month. Invest in journalism, invest in democracy –
Subscribe Now!


Latest News