NAMRA pegs taxpayer debt at N$90 billion

A staggering N$90 billion tax tab is hanging over Namibia, and the government is betting hard on an amnesty deal to claw it back before things get uglier.

Namra stares down N$90 billion debt

• Namibia Revenue Agency says taxpayers owe N$90 billion.
• Steven Ndorokaze labeled the pileup as historic.
• Between N$17 billion and N$18 billion is pure capital tax.
• The remaining balance stacks up from interest and penalties.

Tax amnesty as the big recovery bet

• Introduced in 2023, the amnesty runs until October.
• The scheme wipes out interest and penalties if the capital gets settled.
• Ndorokaze said nearly N$3 billion was recovered last year.
• Officials hope to recoup N$17 billion to N$18 billion through it.

Collection targets keep getting crushed

• From 2021 to 2022, Namibia Revenue Agency aimed for N$49.5 billion.
• That cycle closed at N$52.9 billion, beating the target.
• Last financial year targeted roughly N$81 billion.
• Revenue hit N$88.6 billion, clearing the bar again.

Revenue growth trend over four years

• The agency reported a 67 percent cumulative collection jump.
• Performance moved from 40 percent to 80 percent.
• Ndorokaze framed the climb as steady upward momentum.
• Zero balance remains the stated goal, even if unlikely.