Namibia has recorded a remarkable 67% increase in domestic revenue collection over the past five years, a surge largely attributed to strategic support from the African Development Bank (AfDB). This growth reflects the country’s successful implementation of tax administration reforms, spearheaded by the establishment of the Namibia Revenue Agency (NamRA). The AfDB’s involvement included budget support operations and technical assistance that helped modernize Namibia’s fiscal infrastructure and enhance its capacity to mobilize internal resources.
Since its inception, NamRA has collected over N$275.8 billion, a figure that underscores the effectiveness of the reforms and the agency’s operational strength. Notably, the increase in non-mining corporate tax revenue signals a broader diversification of the tax base and improved compliance across sectors. NamRA Commissioner Sam Shivute credited the AfDB’s multi-year engagement as a catalyst for these achievements, highlighting the institution’s role in guiding policy development and providing oversight during key supervision missions.
The transformation of Namibia’s revenue system is not only a fiscal milestone but also a testament to the power of regional partnerships in driving sustainable development. By investing in institutional capacity and embracing modern tax practices, Namibia is reducing its reliance on external aid and building a more resilient economy. The success of NamRA serves as a model for other African nations seeking to strengthen domestic resource mobilization and improve public financial management.
As Namibia continues to refine its revenue strategies, the collaboration with the AfDB remains a cornerstone of its progress. The country’s commitment to excellence in tax administration is positioning it as a leader in fiscal governance, with long-term benefits for economic stability and national development.