mid-term budget

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Business / Economics

Shafudah Announces Spending Adjustments in Mid-Term Budget Review

Finance Minister Ericah Shafudah tabled the Mid-Term Budget Review before Parliament, providing an update on the local economic progress and key fiscal adjustments. The proposed changes to the 2025 Appropriation Act aim to realign government spending and ensure adequate funding for national priorities through the rest of the 2025/26 financial year. Simonis Storm economist Almandro Jansen: 

today22 October, 2025

Business / Economics

DA leader and Agriculture minister John Steenhuisen endorsed the mid-term budget

  DA leader and Agriculture minister John Steenhuisen endorsed the mid-term budget, calling it the right step toward fiscal growth. Speaking outside Parliament, Steenhuisen commended the focus on debt reduction, infrastructure spending, halting bailouts for state-owned entities, and the end of e-tolls. He emphasises the DA’s role in driving reforms through the government of national unity, through economic growth and job creation:  

today31 October, 2024

Namibia

LPM’s Mootu Criticizes Mid-Term Budget as “Missed Opportunity”

Utaara Mootu of the Landless People's Movement criticized the mid-term budget, calling it insufficient for addressing the nation's pressing economic and social issues. She raised concerns about delayed unemployment data, claiming it leaves voters uninformed. Mootu emphasized that housing, education, agriculture, electrification, and SME support require urgent, transformative action rather than continued promises. She concluded by urging the government to prioritize meaningful reforms that provide justice and dignity to citizens. […]

today31 October, 2024