National Budget

In S.A, Minister of Finance will table 2025 budget on 12 March

South Africa's Minister of Finance Enoch Godongwana has confirmed that the 2025 budget will be tabled on 12 March, following additional deliberations within the cabinet. The budget speech was initially set for yesterday, but government decided to delay it to allow further discussions. Godongwana told the media the delay is in line with the Public Finance Management Act, which allows for a postponed presentation in exceptional circumstances:

20 February, 2025

Dr. Sam Nujoma

Shifeta Says Budget Couldn’t Support Nujoma’s Mandatory Youth Training Vision

Environment Minister Pohamba Shifeta says the national budget could not support the late Sam Nujoma’s vision of mandatory national youth training. Shifeta, a former deputy youth minister, recalls being among those assigned by Nujoma to help draft the National Youth Policy. Currently, the National Youth Service provides voluntary national service training. One Africa TV NewsOnOne’s Selma Ikela put this report together.

19 February, 2025

Africa

Kenya protests show citizens don’t trust government with their tax money: can Ruto make a meaningful new deal?

By Eric Magale, University of Pretoria and Mario Schmidt, Max Planck Institute for Social Anthropology Each year, the Kenyan government tables a finance bill outlining measures for funding the national budget. In the past, these bills have scarcely attracted public attention. This changed dramatically in 2023, with President William Ruto’s first budget following his election victory the year before. Ruto inherited an economy battling […]

17 July, 2024

Business / Economics

SME Focus – 5 March 2024

Director of SME Compete, Danny Meyer, talks about the state of the SME sector in the country - with specific reference to the recently tabled National Budget. https://iono.fm/e/1412545

6 March, 2024

Business / Economics

Market Watch – 5 March 2024

Michelle speaks to Salomo Hei about the recently tabled National Budget. https://iono.fm/e/1412538

6 March, 2024

Business / Economics

Budget 2024-2025 Review: Building Resilience for Growth and Diversification

By Josef Kefas Sheehama A number of controllable reforms must be implemented in addition to the macroeconomic framework. Prudent and credible monetary and fiscal policy, a sound financial system, and adherence to the law are the cornerstones of economic growth. To do this, bold measures must be taken to boost confidence, encourage investment and the creation of jobs, lessen economic inequality, and remove regulatory obstacles. First and foremost, I would […]

4 March, 2024

Business / Economics

The Alexforbes Lead Story – 29 February 2024

Gary speaks to local economists Ruusa Nandago, Angelique Bock, and Robert McGregor to get their thoughts on this year's National Budget. https://iono.fm/e/1411070

1 March, 2024

Uncategorized

Havana hospital project to begin following budget allocation

Finance Minister Iipumbu Shiimi has allocated N$10.9 billion to the Ministry of Health and Social Service in the 2024/25 National Budget. Of this, over N$450 million is earmarked for the construction of the Windhoek District Hospital in Havana. Here is Deputy Minister Ester Muinjangue.

29 February, 2024

Business / Economics

Economists break down revised tax reforms and national budget

With Finance and Public Enterprises Minister Ipumbu Shiimi having announced in yesterday’s National budget that the government has revised tax reforms that will put N$646 million back in the pockets of taxpayers by exempting all individual taxpayers from paying tax on the first N$100,000 of their income, starting 1 March 2024, we asked Cirrus Capital Economist Robert McGregor for a breakdown of the numbers. Namibia's largest-ever annual budget on Wednesday […]

29 February, 2024