By: Justicia Shipena
The Namibian government says it moving forward with the finalisation of its Special Economic Zones (SEZ) regime.
This was announced by the Finance and Social Grants Minister, Ericah Shafudah, during her recent tabling of the 2025/2026 national budget.
SEZ framework intends to promote competitive industrial zones that adhere to international best practices is the goal of the finance ministry’s partnership with the dismantled Ministry of industrialization and Trade.
Under the proposed FY2025/26 National Budget, the SEZ regime will introduce a 20% corporate income tax rate for small and medium enterprises (SMEs) that meet the annual turnover threshold.
Comments