By: Justicia Shipena

The Namibia Revenue Agency (NamRA) has surpassed its revenue target for the financial year FY2024/5, collecting a net total of N$88.6 billion to beat the target of N$85.3 billion.

According to the agency’s report, their gross revenue collection reached N$98.9 billion, with refunds amounting to N$10.4 billion for the period from 01 April 2024 to 31 March 2025. The net revenue collected was broken down into several key tax categories, as detailed in the accompanying figures.

This was revealed during NamRA’s Taxpayer and Trader Appreciation Day held on Monday evening. In her address at an appreciation event for compliant taxpayers and traders, government official Ericah Shafudah emphasised the importance of recognising those who meet their tax obligations.

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