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27 Results / Page 2 of 3


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 13


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 1

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 135


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 17


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 14


Potential N$723 Million Monthly Burden on Taxpayers for Increased Pension and Disability Grants

Fulfilling the late President Hage Geingob's proposal to raise Namibia's pension and disability grants from N$1,400 to N$3,000 could cost taxpayers approximately N$723 million monthly. Even with a more modest increase to N$2,000, taxpayers would still bear a monthly burden of N$482 million. The anticipation among 241,016 beneficiaries has been high, following Geingob's New Year's message expressing his hope for the increase. The Finance Minister, Iipumbu Shiimi, is expected to […]

todayFebruary 28, 2024 2


Finance ministry announced Namibia’s dedication to aligning with international standards established by the Financial Action Task Force

The Finance and Public Enterprises ministry has announced Namibia's dedication to aligning with international standards established by the Financial Action Task Force since December 2022. A thorough mutual evaluation spanning two years led to the adoption of the Namibia Mutual Evaluation Report by the ESAAMLG Council of Ministers on 2 September 2022. Ministry spokesperson Wilson Shikoto provides insights into this commitment.  

todayFebruary 22, 2024 8