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Namibia: 2026/2027 mid-year budget review

Government is considering new tax proposals related to VAT and import and export levies.

October 23, 2026

The Finance Minister on October 22, 2026, delivered the 2026/2027 mid-year budget review, indicating that the government remains committed to advancing previously announced tax policy and administrative reforms, and is also considering new tax proposals related to:

  • Repeal of VAT zero-rating of sugar to promote healthier lifestyles
  • Zero-rating import VAT on agricultural inputs and equipment, to reduce domestic food production costs
  • Review, in coordination with the Southern African Customs Union (SACU), of anti-dumping import duties on selected products to promote fair competition and protect regional industries
  • Review of export levies in line with Namibia’s value-based natural resources regime

Read a 2026 report prepared by the KPMG member firm in Namibia

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