Keetmanshoop Municipality Unveils N$296 Million Budget for 2023/2024 Fiscal Year

Keetmanshoop Municipality Unveils N$296 Million Budget for 2023/2024 Fiscal Year

The Keetmanshoop Municipality revealed its approved budget of N$296 million for the upcoming 2023/2024 financial year. The budget, which received the green light from the Ministry of Urban and Rural Development, was presented by Lee Mwemba, the head of the information and communication technology division at the municipality's Electricity Business Unit. In comparison to the previous fiscal year, Mwemba highlighted a notable 13.8% increase, with the budget rising from N$255 […]

January 17, 2024 14

Opinion Pieces

Mid-Term Budget Review: Never too late to reform

By Josef Kefas Sheehama Namibian Finance Minister, Mr Iipumbu Shiimi, delivered his 2023/2024 Mid-Term Budget speech on 31 October 2023, taking note of the achievements, challenges, and performances of State-Owned Enterprise (SOE). The Mid-Term Budget Review plays a critical role in the entire budgetary process because it sets the tone for the fiscal framework for the next main budget. The budget is the most important economic instrument of government, as […]

November 1, 2023 4

Business / Economics

FY2023/24 Mid-year Budget Review Statement

FY2023/24 Mid-year Budget Review Statement Presented by Iipumbu Shiimi, MP Minister of Finance 31 October 2023 Honourable Speaker; Honourable Members of Parliament; Fellow Namibians; 1. I have the honour to table for the favourable consideration and approval of this House the 2023/24 Mid Year Budget Review. This review follows the 2023/24 National Budget which I tabled on 22 February 2023 under the theme “Economic Revival and Caring for the Poor”. […]

October 31, 2023 13