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 18
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 23
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 22
insert_link Namibia 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 6
insert_link Namibia 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 14
insert_link Business / Economics 21st February 2024 Morning Biz News: Global Financial Snapshot: Namibia Faces Grey Listing, South Africa’s Unemployment Rises, Oil Prices Recover, and Currency Markets Shift In the realm of global finance, Namibia finds itself on the brink of grey listing due to non-compliance with international anti-money laundering standards. Despite Finance Minister Iipumbu Shiimi's reassurance that Namibia passed the technical compliance test, progress in five out of 11 effectiveness test outcomes signals a potential challenge. Out of 72 action items, 59 have been successfully addressed, leaving 13 unresolved. South Africa, on the other hand, experiences […] todayFebruary 21, 2024 11
insert_link Business / Economics Public Input Welcomed: Ministry of Finance Seeks Contributions for 2024/2025 National Budget The Finance and Public Enterprises ministry is inviting the public to share their valuable input for the upcoming 2024/2025 national budget. Wilson Shikoto, the spokesperson for the Ministry, encourages all members of the public to contribute their insights in shaping this crucial financial plan. todayFebruary 6, 2024 15
insert_link Health / Medical INTERVIEW: Youth Activist Lloyd Bock Discusses Poverty and Meeting with Finance Minister Iipumbu Shiimi on Budget Consultation In a recent conversation, Youth Activist Lloyd Bock sheds light on the upcoming budget consultation with Iipumbu Shiimi, Namibia's Finance Minister. The discussion delved into key aspects surrounding the budget, its presentation, and the underlying motives. Here's an overview of the insightful dialogue: The discussion revolves around crucial elements such as the budget, its intended audience, and the overarching purpose. According to Lloyd, the House of IPP, in collaboration with […] todayJanuary 26, 2024 30
insert_link Namibia Namibia’s Ambitious Digital Transformation to Cost N$100 Million Over Three Years Namibia's digital revolution is projected to cost approximately N$100 million over the next three years, according to Audrin Mathe, the Information Executive Director. Mathe emphasized the ongoing development of the digital strategy through consultations with end-users. The strategy is poised to guide Namibia's path into the digital realm and aligns with the mission to establish a digital government by 2030. While Mathe acknowledged the premature nature of providing exact figures […] todayJanuary 18, 2024 19