Namibian Opposition Not Moved By Budget


The national budget proposed by Finance Minister Saara Kuugongelwa-Amadhila was met with mixed reaction from the opposition while citizens welcomed the tax reduction.
  • Namibia:  Tax Break to Fuel Economy

    The Namibian, 28 February 2013

    EVERY dollar in tax relief should trigger economic activity of between N$2 and N$3, Simonis Storm Securities economist James Cumming said yesterday. read more »

A confident Minister of Finance Saara Kuugongelwa-Amadhila increased government spending to a record N$47.6 billion for the 2013/14 financial year.

  • Namibia:  Pensioners Want More Money

    New Era, 28 February 2013

    Although pensioners have praised government for increasing their social grant, they feel the additional N$50 is "too little" and will not make much of a difference in their lives. read more »

  • Namibia:  Tax Relief Welcomed, but ?

    New Era, 28 February 2013

    The combined tax relief announced by Finance Minister Saara Kuugongelwa-Amadhila during her budget speech on Tuesday will increase domestic spending power by N$1.2 billion during ... read more »

  • Namibia:  Sin Tax - Consumers to Pay

    The Namibian, 28 February 2013

    INDULGING in a dop or a smoke comes at a heftier price today after South African Finance Minister Pravin Gordhan yesterday increased customs and excise duties by between 5,7% and ... read more »

  • Namibia:  Lukewarm Reception of Budget By Opposition

    New Era, 27 February 2013

    The national budget tabled by Finance Minister Saara Kuugongelwa-Amadhila yesterday was met with a lukewarm reception by opposition parties with some even saying the budget is ... read more »

  • Namibia:  A Huge Budget for Ordinary People

    New Era, 27 February 2013

    A confident Minister of Finance Saara Kuugongelwa-Amadhila increased government spending to a record N$47.6 billion for the 2013/14 financial year. read more »

  • Namibia:  IMF Warns Against Low Reserves

    The Namibian, 25 February 2013

    NAMIBIA'S current level of reserves is not sufficiently strong to respond to large global shocks, the International Monetary Fund (IMF) said on Friday, calling on Government to ... read more »

  • Namibia:  Minister Must Be Honest With 2013/14 Budget

    The Namibian, 26 February 2013

    WHEN the minister of finance, Saara Kuugongelwa-Amadhila, rises this week to table her 'estimates of revenues and expenditure' (better known as the national budget) for the 2013/14 ... read more »

  • Namibia:  Saara Under Pressure to Spend

    The Namibian, 26 February 2013

    ALL eyes will be on Finance Minister Saara Kuugongelwa-Amadhila this afternoon to see how she keeps Namibia on the straight and narrow fiscal path in the 2013-14 budget after she ... read more »

  • Namibia:  Budget to Reign in Spending - Analysts

    Namibia Economist, 22 February 2013

    The 2013/2014 national budget is expected to reign in public expenditure as there exists little room for government to increase its debt levels, analysts have agreed. read more »

  • Namibia:  Heads Up for a Better Economy

    Namibia Economist, 22 February 2013

    Namibia's graduate professionals remain extremely confident about their reasons for staying in the country, partly reflected by their optimism in the local economy. However, this ... read more »