WINDHOEK – The Popular Democratic Movement (PDM) Youth League (YL) has condemned government’s intention to step up efforts to tax the informal sector. The youth wing of PDM has called the directive “worrisome and misguided’’.
“It is our view that the Namibian informal sector has not developed at the economic and technical level required to adequately and fairly tax it without significantly collapsing the market and creating massive unemployment, especially in this economic situation we find ourselves in,” said PDM YL spokesperson, Maximalliant Katjimune…
During an interview with New Era earlier this year, research associate at the Economic Association of Namibia, Klaus Schade, said that any efforts to tax the informal economy need to balance costs and benefits…