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 13
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 144
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 South Africa Load shedding & Transnet caused huge losses – SA Budget 2024 National Treasury plans to draw down from a special R500bn account for the first time to reduce debt and associated servicing costs over the next three years, according to the 2024 budget delivered by the finance minister on Wednesday February 21 2024. todayFebruary 21, 2024 9
insert_link Local Capricorn Group co-hosts national pre-budget public discussion The Capricorn Group, in collaboration with the Economic Association of Namibia, GIZ and the High Economic Intelligence (HEI) on 20 February 2024, hosted a lively national pre-budget public discussion ahead of Finance Minister Ipumbu Shiimi's tabling of the national budget in the National Assembly on 28 February 2024. Held under the theme: The National Budget in an Election Year: Fiscal Expansion and Strategic Priorities, the event received an overwhelming […] todayFebruary 21, 2024 11
insert_link Business / Economics Market Watch – 20 February 2024 Michelle speaks to Capricorn Asset Management's Chief Economist, Floris Bergh, about the National Budget and what some of his expectations are. https://iono.fm/e/1408223 todayFebruary 21, 2024 33