Minister of Finance and Public Enterprises Iipumbu Shiimbi has announced an increase in sin tax, in which a pack of 20 cigarettes goes up by 98c, a kg of cigars will cost an additional N$237.79; unfortified wine will increase by 24c per litre, whereas fortified wine goes up by 41c per litre.
In addition, sparkling wine will increase by 12c per litre, spirits will cost an extra N$12.08 per litre, clear malt beer will increase by N$5.99 per litre; ciders and alcoholic fruit beverages goes up by N$5.99 per litre.
“I table this budget in full awareness and recognition of the continued hardships endured by most of our citizens from the various corners of our beloved country.
“While I express gratitude for your forbearance, particularly over the difficult economic times, I would also like to express that your government has not forgotten you and your government is a caring government,” stressed Shiimi.
