A torrid time lies ahead for severely affected small to medium enterprises and poorly paid employees hard-hit by economic headwinds from the Covid-19 pandemic after the government shot down thoughts of tax breaks or tax holidays. The Namibian newspaper reports that Minister of finance Ipumbu Shiimi reiterated this on Friday, while responding to questions from the media at the 17th Covid-19 briefing, adding that he is convinced enough remedies have been made to assist struggling workers and small businesses. His sentiments come at the back of the Namibian Statistics Agency showing that most small to medium enterprises risk going under because of poor financial backing as a result of the ripple effects of the Covid-19 pandemic. Howevre, Shiimi said government has assisted companies through accelerating the processing of invoices and value-added-tax repayments, adding that N$3,8 billion has been paid out for both.