{"id":362845,"date":"2024-09-13T12:00:00","date_gmt":"2024-09-13T10:00:00","guid":{"rendered":"https:\/\/informante.web.na\/?p=362845"},"modified":"2025-03-05T18:44:13","modified_gmt":"2025-03-05T16:44:13","slug":"namra-and-nipdb-sign-mou-to-improve-namibias-business-and-investment-climate","status":"publish","type":"post","link":"https:\/\/informante.web.na\/?p=362845","title":{"rendered":"NamRA and NIPDB sign MoU to improve Namibia\u2019s business and investment climate"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Staff Reporter<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">THE Namibia Revenue Agency (NamRA) and the Namibia Investment Promotion and Development Board (NIPDB) recently signed a Memorandum of Understanding (MoU) aimed at enhancing competitiveness and simplifying the process of doing business in Namibia.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">NIPDB explained that the MoU is designed to promote investments by creating a more efficient and investor-friendly regulatory environment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The MoU, NIPDB added, primarily focuses on streamlining income tax and Value Added Tax (VAT) registration processes, enhancing the administration and enforcement of revenue laws, and fostering joint consultations on policies affecting investment.<\/p>\n\n\n\n<div class=\"wp-block-jetpack-slideshow\" data-autoplay=\"true\" data-delay=\"3\" data-effect=\"slide\"><div class=\"wp-block-jetpack-slideshow_container swiper-container\"><ul class=\"wp-block-jetpack-slideshow_swiper-wrapper swiper-wrapper\"><li class=\"wp-block-jetpack-slideshow_slide swiper-slide\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" alt=\"\" class=\"wp-block-jetpack-slideshow_image wp-image-362847\" data-id=\"362847\" src=\"https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate2.jpeg\" srcset=\"https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate2.jpeg 1024w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate2-300x200.jpeg 300w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate2-768x512.jpeg 768w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate2-1200x800.jpeg 1200w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate2-274x183.jpeg 274w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate2-80x54.jpeg 80w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate2-130x87.jpeg 130w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate2-359x240.jpeg 359w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate2-85x57.jpeg 85w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate2-546x365.jpeg 546w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate2-165x109.jpeg 165w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate2-112x75.jpeg 112w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate2-179x120.jpeg 179w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate2-170x113.jpeg 170w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate2-81x55.jpeg 81w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate2-765x510.jpeg 765w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate2-450x300.jpeg 450w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate2-285x190.jpeg 285w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate2-150x100.jpeg 150w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-block-jetpack-slideshow_caption gallery-caption\">PARTNERS: NamRA Commissioner Sam Shivute and the Chief Executive Officer (CEO) of the NIPDB, Nangula Uaandja, signing the MoU. Photos: NIPDB.<\/figcaption><\/figure><\/li><li class=\"wp-block-jetpack-slideshow_slide swiper-slide\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" alt=\"\" class=\"wp-block-jetpack-slideshow_image wp-image-362846\" data-id=\"362846\" src=\"https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate1.jpeg\" srcset=\"https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate1.jpeg 1024w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate1-300x200.jpeg 300w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate1-768x512.jpeg 768w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate1-1200x800.jpeg 1200w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate1-274x183.jpeg 274w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate1-80x54.jpeg 80w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate1-130x87.jpeg 130w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate1-359x240.jpeg 359w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate1-85x57.jpeg 85w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate1-546x365.jpeg 546w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate1-165x109.jpeg 165w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate1-112x75.jpeg 112w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate1-179x120.jpeg 179w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate1-170x113.jpeg 170w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate1-81x55.jpeg 81w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate1-765x510.jpeg 765w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate1-450x300.jpeg 450w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate1-285x190.jpeg 285w, https:\/\/informante.web.na\/wp-content\/uploads\/2024\/09\/NamRA-and-NIPDB-sign-MoU-to-improve-Namibias-business-and-investment-climate1-150x100.jpeg 150w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-block-jetpack-slideshow_caption gallery-caption\">PARTNERS: NamRA Commissioner Sam Shivute and the Chief Executive Officer (CEO) of the NIPDB, Nangula Uaandja, signing the MoU. Photos: NIPDB.<\/figcaption><\/figure><\/li><\/ul><a class=\"wp-block-jetpack-slideshow_button-prev swiper-button-prev swiper-button-white\" role=\"button\"><\/a><a class=\"wp-block-jetpack-slideshow_button-next swiper-button-next swiper-button-white\" role=\"button\"><\/a><a aria-label=\"Pause Slideshow\" class=\"wp-block-jetpack-slideshow_button-pause\" role=\"button\"><\/a><div class=\"wp-block-jetpack-slideshow_pagination swiper-pagination swiper-pagination-white\"><\/div><\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\">NamRA Commissioner Sam Shivute stressed the importance of expanding the tax base to strengthen domestic resource mobilisation, emphasising that this can only happen with economic diversification.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe signing of this memorandum of understanding is a commitment for us to improve service delivery. This is both to our taxpayers, to our investors, and to everyone who wants to do business with Namibia,\u201d Shivute said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Further highlighting the significance of the MoU, the Chief Executive Officer (CEO) of the NIPDB, Nangula Uaandja, added that it will complement the work of both NIPDB and NamRA.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cI believe that our two institutions play a complementary role in supporting the government and the Namibian people. As promoters and marketers of Namibia, we are competing significantly on an international level. Because of that competition, we need to ensure that our service providers, our regulators, and others are providing services in a manner that makes doing business in Namibia easier,\u201d Uaandja said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Staff Reporter THE Namibia Revenue Agency (NamRA) and the Namibia Investment Promotion and Development Board (NIPDB) recently signed a Memorandum of Understanding (MoU) aimed at enhancing competitiveness and simplifying the process of doing business in Namibia. NIPDB explained that the MoU is designed to promote investments by creating a more efficient and investor-friendly regulatory environment. &#8230;<\/p>\n","protected":false},"author":10,"featured_media":362848,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":["post-362845","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NamRA and NIPDB sign MoU to improve Namibia\u2019s business and investment climate - Informant\u00e9<\/title>\n<meta name=\"description\" content=\"THE Namibia Revenue Agency (NamRA) and the Namibia Investment Promotion and Development Board (NIPDB) recently signed a Memorandum...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/informante.web.na\/?p=362845\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NamRA and NIPDB sign MoU to improve Namibia\u2019s business and investment climate - 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