insert_link Business / Economics Minister Shiimi Unveils N$100 Billion Budget with Focus on Development and Growth Finance and Public Enterprises Minister Iipumbu Shiimi presented a N$100 billion budget to the National Assembly for the fiscal year 2024/25, with over 20% earmarked for economic and infrastructural development. Emphasizing the theme ‘Continuing the Legacy of President Hage Geingob by Caring for the Namibian Child,’ Shiimi highlighted specific provisions for infrastructure development to address gaps and boost Namibia’s economic growth objectives. The budget allocates N$20.9 billion for FY2024/25 and […] todayFebruary 29, 2024 6
insert_link Namibia EXCLUSIVE INTERVIEW: Activist Rosa Namises Critiques Namibia’s National Budget and Calls for Action In a heartfelt commentary on Namibia's national budget, activist Rosa Namises expressed her disappointment, particularly regarding the anticipated increase in the old age pension. Promised by the late president, the expectation was for a substantial raise, but the reality turned out to be a mere 200 Namibian dollars. Namises questioned when and why this change occurred, emphasizing the impact it would have on the elderly population, who are already […] todayFebruary 29, 2024 21
insert_link Interview Transcripts EXCLUSIVE INTERVIEW: Activist Rinaani Musutua Criticizes Namibia’s National Budget and Socio-Economic Disparities In a passionate and critical address, activist Rinaani Musutua expressed deep disappointment with the recently announced national budget by Namibia's Minister of Finance, Iipumbu Shiimi. Musutua specifically highlighted the inadequate increase in the old age pension, a decision that deviates from the promises made by the late President Hage Geingob. The activist voiced concerns about growing socio-economic disparities, the lavish lifestyles of government officials, and the urgent need for […] todayFebruary 29, 2024 15
insert_link 2 Business / Economics Local Economics Analyst on Namibia’s Record-Breaking N$100.1 Billion Budget Unveiled by Finance Minister Shiimi Finance and Public Enterprises Minister Iipumbu Shiimi presented Namibia's largest-ever annual budget on Wednesday, outlining a projected government spending of N$100.1 billion for the 2024/2025 financial year. Cirrus Capital economist Robert McGregor provides insights. todayFebruary 29, 2024 32 2
insert_link Namibia Controversy Surrounds Finance Minister Shiimi Over Alleged Election-Focused N$100 Billion Budget Finance Minister Iipumbu Shiimi is under scrutiny for presenting a budget accused of targeting pensioners, students, and low-income earners to sway support for the Swapo party in the upcoming elections. The N$100 billion budget, the largest in Namibia's history, is unveiled amid concerns about voter apathy and economic challenges impacting Swapo's electoral prospects. Minister Shiimi defended the budget, stressing its pro-poor focus and intention to stimulate development and infrastructure projects. todayFebruary 29, 2024 7
insert_link 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 139
insert_link Business / Economics Market Watch – 27 February 2024 Michelle speaks to Agribank of Namibia Economist, Indileni Namghonga about what we can expect in this year's budget. https://iono.fm/e/1410557 todayFebruary 28, 2024 14
insert_link Namibia Detailed Civil society 2024/25 Budget Priorities CIVIL SOCIETY - Priorities for the 2024/25 Budget Council of Churches in Namibia (CCN) and Evangelical Lutheran Church in the Republic of Namibia (ELCRN) (Social Economic Justice Unit of the Council of Churches in Namibia and the Desk for Social Development of ELCRN) Contribution: Uhuru Dempers Priorities: 1.1 Increased funding for Early Childhood Education (ECE) to ensure access to quality ECE for the excluded 70% plus children in Namibia. There […] todayFebruary 28, 2024 20
insert_link Namibia Civil society sets out priorities for 2024/25 budget On 14 August 2023 civil society organisations held a consultation meeting with the Minister of Finance and Public Enterprises, Hon. Iipumbu Shiimi, and the Director-General of the National Planning Commission, Hon. Obeth Kandjoze, regarding priorities for national budget. The consultation was held ahead of the 2023 mid-year budget and intended to inform the 2024-25 budget process. The meeting was organised by the Civil Society Information Centre (CIVIC +264) and the […] todayFebruary 28, 2024 19
