Tax First Newsletter

Providing you with informed commentary on current developments in the local tax and business arena.

Tax First Newsletter | November 2023

Namibia’s Trade Verification System (“TVS”)

NamRA, in collaboration with the Bank of Namibia, recently launched the Trade Verification System (“TVS”), a web-based application integrated with the “AsycudaWorld” customs system, specifically designed to manage and monitor cross-border transactions, ensure the promotion of efficient trade practices and improve tax collection whilst reducing fraud.

Its implementation will enhance proper reconciliation of cross-border money transfers to the movement of goods, corroborated by accelerated reporting and through the use of digitally automated processes, reduce errors and unnecessary delays.

Download the pdf below to read the full newsletter.

Also in this issue:

  • 2023/2024 Mid-Year Budget Review Highlights
  • PwC Business School | Upcoming Training Dates for November 2023
  • Tax Calendar | November 2023


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Chantell Husselmann

Chantell Husselmann

Country Senior Partner, PwC Namibia

Tel: +264 61 284 1327

Johan Nel

Johan Nel

Partner/Director, PwC Namibia

Tel: +264 61 284 1122

Ansie Rossouw

Ansie Rossouw

Partner in Charge Walvis Bay, PwC Namibia

Tel: +264 64 217 700

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