The Minister of Finance and Public Enterprises, Iipumbu Shiimi, says the government has taken steps to boost the development budget significantly to enhance infrastructure and stimulate growth in the country. He, however, pointed out that there are acknowledged challenges in execution and procurement that need attention for more effective utilisation of the allocated funds. The […]
A significant portion of government debt is due for repayment over the medium term. The N$14.3 billion Eurobond, due on October 29, 2025, is the largest single-day debt maturity in the history of Namibia. Tabling the National Budget 2024/25 in the National Assembly, Finance and Public Enterprises Minister Ipumbu Shiimi pointed out strong growth in […]
The Rauch Elohim Foundation has employed a social worker to support the Baby Saver Box initiative, following a donation from Rossing Uranium. The Rossing Foundation gave N$350,000 to enhance the impact of the initiative on baby dumping. As a way to curb rampant baby dumping in Namibia, the Baby Saver Box is a place where […]
Otjozondjupa Region Youth Activist,Terry Ujamba, in the following insert, explains why the budget was a good one.
Local teacher Petrus Matia said there is a slight change when it comes to the Ministry of Education budget allocation this year.
The Minister of Finance and Public Enterprises, Ipumbu Shiimi, invited learners from various schools to witness the tabling of the 2024/25 National Budget in Parliament. The theme for this year’s budget is “Continuing the Legacy of Dr. Hage Geingob by Caring for the Namibian Child” and is focused on the deliberate intention to bring prosperity […]
Finance and Public Enterprises Minister Iipumbu Shiimi says the projected economic recovery is not expected to address pervasive and entrenched national challenges. Tabling the national budget, Shiimi said it is therefore urgent that Namibia’s economy be diversified. With the domestic economic outlook having improved significantly, gross domestic product growth was estimated at 5.6% in 2023, […]
Finance and Public Enterprises Minister Iipumbu Shiimi tabled a N$100.1 billion national budget in the National Assembly this afternoon. This is the first time Namibia’s national budget exceeds the N$100 billion mark. Finance Minister Iipumbu Shiimi tabled his fifth full budget under the theme, ‘Continuing the Legacy of His Excellency, President Hage G. Geingob, by […]
Some residents of Hakahana Informal Settlement are angry with Octagon Construction, claiming that their properties were damaged during a flood that occurred because of stormwater pipes that were obstructed, allowing water to enter their homes. The company was contracted to expand the Eneas Peter Nanyemba Road, previously known as Monte Christo Road. The community is […]
Namibia’s civil society actors joined the rest of the world in celebrating World Non-Governmental Organisations Day. The day is set aside to recognise, celebrate, and honour the contributions and impact civil society organisations have in societies. Non-governmental organisations work independently of governments and are usually nonprofit entities. They play a crucial role in addressing social […]
