insert_link Business / Economics NamPost Pilots Social Grant Payments. NamPost will start piloting social grant payments on 9 October at Okahandja and Omitara post offices, with mobile payouts at Groot Aub and Otjimbingwe. The test run comes ahead of a nationwide rollout from 13 October, following the finance ministry’s decision to appoint NamPost as the official grant payment provider, says NamPost’s Corporate Communications Officer: Joseph Teofelus. today1 October, 2025
insert_link Business / Economics Finance Ministry Explores Innovative Approaches to Social Welfare The Ministry of Finance is exploring new ways to support vulnerable households beyond traditional cash grants, Finance Executive Director Dr. Michael Humavindu has revealed. The social welfare program currently supports pensioners, children, foster families, people with disabilities, and poorer households through grants, including a $690 per month conditional basic income grant. However, a recent reclassification by the World Bank showed that the poverty rate has risen from 18% to 22% […] today28 August, 2025
insert_link South Africa BOSA in S.A says Budget Delay Shows Chaos in Unity Government Build One South Africa says the postponement of Finance minister Enoch Godongwana’s budget speech on Wednesday, demonstrated the chaos within the government of national unity. The budget was postponed for the first time since 1994 after cabinet members pushed back against a proposed two-percent value-added-tax hike. BOSA’s spokesperson, Roger Solomons, says the government has put the economy in jeopardy and transparency and clarity are now needed: Meanwhile, the unprecedented […] today20 February, 2025
insert_link South Africa S.A Finance Minister Accuses Cabinet of Leaking VAT Hike Plans S.A Finance minister Enoch Godongwana has accused some cabinet ministers of leaking plans for a VAT increase to the media. In a media briefing, Godongwana said the government of national unity will work towards an agreement before the budget is presented on 12 March: today20 February, 2025
insert_link Dr. Sam Nujoma Maamberua Urges Reflection on Vision 2030 to Honour Nujoma Former Swanu president and MP Usutuaije Maamberua has called on Namibians to revisit Vision 2030 as a tribute to the late Sam Nujoma. Speaking to NewsOnOne's Envaalde Mathues, Maamberua, who served as finance ministry permanent secretary for over seven years under Nujoma, emphasized the importance of reflecting on the vision that guided the nation's development. Catch last night's full bulletin on oneafrica.tv. And weeknights at 7, you can watch on […] today18 February, 2025
insert_link Business / Economics NamRa Commissioner sets record straight on tax refunds Businesses have raised concerns about the tax relief that was gazetted in October. This follows the Ministry of Finance and Public Enterprises' announcement that employers will need to reimburse employees once the new statutory tax rates are officially published. Namibia Revenue Agency's commissioner, Sam Shivute explains. today21 October, 2024
insert_link Africa Kenya’s Ruto appoints opposition allies Kenya's President William Ruto has nominated key allies of main opposition leader Raila Odinga to his cabinet, in the latest move to quell growing dissatisfaction with his government. According to the BBC, he gave four posts to the opposition - including the powerful finance and energy ministries. This is the first time the opposition will serve in government since Odinga took up the post of prime minister in then-President Mwai […] today25 July, 2024
insert_link Business / Economics Agribank rolls out drought relief plan Namibia's agricultural lender, Agribank, has launched its drought relief subsidy, as announced by Hon. Iipumbu Shiimi, Minister of Finance and Public Enterprises, in his February 2024 budget speech. Effective today, 10 July 2024, the relief will come in the form of installment relief and a penalty interest waiver for clients. According to the bank's spokesperson, Fillemon Nangonya the first intervention focuses on Agribank clients with farmland and livestock loan accounts, […] today10 July, 2024
insert_link Namibia NWR announces historic profit, and clean audit Namibia Wildlife Resorts Board and Management have presented the SOEs annual report to the Ministry of Finance and Public Enterprises, Ipumbu Shiimi, today. NWR announced a historic N$46 million profit and clean audit reports for two consecutive years with an increased revenue of 32%, from N$294 million in 2022 to N$387 million. NWR spokesperson Nelson Ashipala has more. today21 May, 2024
