Namibia Namibia’s 2025/26 budget set at N$106.3 billion By: Hertha Ekandjo The Minister of Finance, Ericah Shafudah, tabled Namibia’s national budget for the 2025/26 financial year in Parliament this afternoon, outlining a total expenditure of N$106.3 billion. According to Shafudah, the budget comprises N$79.8 billion for operational expenditure, N$12.8 billion for development expenditure—including N$3.2 billion funded through external loans and grants and N$13.7 billion allocated for interest payments. This marks a 4.9% increase from the revised estimates of […] today27 March, 2025 107
Namibia Kuugongelwa-Amadhila stresses need for strong legal framework in oil and gas sectors By: Hertha Ekandjo Speaker of the National Assembly, Saara Kuugongelwa-Amadhila, has emphasised the importance of a strong legal framework and effective public institutions to manage resources in Namibia’s burgeoning oil and gas sectors. She noted that these industries present new opportunities for economic growth, employment, and poverty reduction, but only if managed properly. "Countries endowed with abundant resources but lacking in proper management often face higher levels of poverty," she […] today25 March, 2025 59 2
insert_link Nam Elections 2024 President Mbumba Calls for Unity Ahead of Elections President Nangolo Mbumba, in his message ahead of Namibia's 8th Presidential and National Assembly Elections, called on all Namibians to vote in large numbers and uphold democratic traditions. He highlighted the importance of peaceful, fair, and free elections, recalling the country’s 34-year democratic history. The first citizen expressed gratitude to the late President Hage Geingob and urged citizens to participate calmly and respectfully. The head of state, in addition, […] today26 November, 2024 21