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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Budget

21 Results / Page 1 of 3

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Namibia

Swapo and IPC manifestos reveal big budget plans

The Swapo Party's manifesto. Launched on Saturday, promises to spend over N$85 billion to create jobs for unemployed Namibians over the next five years if they win the election. The Independent Patriots for Change also released a manifesto at the weekend, which includes a N$100 billion budget for national development if the party is elected into power. Public policy analyst Dr. Marius Kudumo weighs in.  

todaySeptember 16, 2024 102

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Namibia

Ongwediva Town Council Presents N$192.4 Million Budget for 2024/25

The Ongwediva Town Council has unveiled its N$192.4 million budget for the 2024/25 financial year, with Mayor Taarah Shalyefu emphasizing a focus on operational expenditure, which comprises 58% of the total budget. Shalyefu highlighted adherence to ministerial directives, with personnel costs kept at 35% of the operational budget and overtime limited to 2.6% of the personnel budget, in line with prescribed ratios. Maintenance expenditures align with budget circular guidelines, while […]

todayMay 29, 2024 22

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Opinion Pieces

Battling to make ends meet? Financial planning expert offers 5 tips on how to build your budget

Bomikazi Zeka, University of Canberra Every day seems to bring new headlines about rising costs. In Nigeria, unions are threatening to strike amid soaring fuel prices; the country’s inflation rate hit 25% in August. The amount it costs to fill a food basket in South Africa keeps climbing. Ghanaians took to the streets of Accra in late September to protest about the cost of living. A recent study by the […]

todayMarch 26, 2024 14

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World

Biden’s budget: Higher taxes on the rich, childcare and education for the poor

U.S. President Josef Biden has released a new budget proposal for 2025 that includes tax increases for the highest earners and big corporations, as well as social spending assistance on housing and education. It also pushes for the 100 billion U.S. dollars he requested last year for Israel and Ukraine aid while also strengthening border security. Caroline Malone reports from Washington.  

todayMarch 12, 2024 3

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Business / Economics

Budget 2024-2025 Review: Building Resilience for Growth and Diversification

By Josef Kefas Sheehama A number of controllable reforms must be implemented in addition to the macroeconomic framework. Prudent and credible monetary and fiscal policy, a sound financial system, and adherence to the law are the cornerstones of economic growth. To do this, bold measures must be taken to boost confidence, encourage investment and the creation of jobs, lessen economic inequality, and remove regulatory obstacles. First and foremost, I would […]

todayMarch 4, 2024 8

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Namibia

Budget Boost: Ministry of Gender, Poverty Eradication, and Social Welfare Sees 23.2% Increase to N$8 Billion

In the latest financial update, Finance and Public Enterprises Minister Iipumbu Shiimi revealed a significant 23.2% increase in the budget for the Ministry of Gender, Poverty Eradication, and Social Welfare, reaching N$8 billion. Shiimi explained that this allocation includes N$824.7 million to maintain the real value of social safety nets in the face of high inflation and a considerable dependency ratio. Furthermore, the government has allotted funds for increased food […]

todayFebruary 29, 2024 23 6

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Business / Economics

Budget Statement for the 2024/25 Financial Year

Introduction Honourable Speaker, Honourable Members of Parliament, Fellow Namibians, I have the distinct honour this afternoon to table before the National Assembly the budget proposals for the FY2024/25 and the Medium Term Expenditure Framework for FY2024/25 – FY2026/27 under the theme “continuing the legacy of His Excellency Dr. Hage G. Geingob by caring for the Namibian child”. Before I delve into the details of the budget, I would like to […]

todayFebruary 28, 2024 140

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