Namibia Minute.
Monday, 11 May 2026
Namibia’s news, on the hour · Est. 2026
Monday, 11 May 2026
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Person

Iipumbu Shiimi

Also known as: erstwhile finance minister Iipumbu Shiimi · Minister of finance and public enterprises Iipumbu Shiimi · Shiiimi · finance minister Iipumbu Shiimi

Chairperson of Parliament's Standing Committee on Economy, Industry, Public Administration and Planning, overseeing regional project implementation and accountability.

2020-04-232026-05-11

In coverage

Verbatim sentences from the source article.

  1. May 2026
  2. At the time, finance minister Iipumbu Shiimi said the facility was critical in enabling the government to respond to the health crisis, including procuring vaccines and supporting the national vaccination rollout, while cushioning the broader economic impact.

    The Namibian

    Namibia repays N$3.9b IMF emergency loan, zero outstanding balance
  3. April 2026
  4. March 2026
  5. Shiimi Additionally, erstwhile finance minister Iipumbu Shiimi declared 6 million shares in a unit trust at Allan Grey Investment.

    New Era

    MPs declare assets and interests
  6. February 2026
  7. EY report Back in 2022, Anti-Corruption Commission boss Paulus Noa directed then finance minister Iipumbu Shiimi to ensure corrective measures are taken against executives accused of impropriety and mismanagement.

    New Era

    EY ghost haunts TransNamib …two executives suspended
  8. January 2026
  9. July 2025
Business

Namibia completes repayment of N$3.9 billion IMF emergency loan

The News

Namibia has fully repaid its N$3.9-billion emergency loan from the International Monetary Fund, with the final payment made on 15 April, closing the Rapid Financing Instrument facility approved in April 2021. The loan was used during the Covid-19 pandemic to stabilise the economy, support vaccine procurement and rollout, and address fiscal pressures from declining export revenues and external account strain.

Why it matters

Completion of N$3.9 billion IMF loan repayment marks a major economic milestone for Namibia's post-Covid recovery.

2 May 2026 · The Namibian

Saturday 2 May

  1. Namibia completes repayment of N$3.9 billion IMF emergency loan

    Namibia has fully repaid its N$3.9-billion emergency loan from the International Monetary Fund, with the final payment made on 15 April, closing the Rapid Financing Instrument facility approved in April 2021. The loan was used during the Covid-19 pandemic to stabilise the economy, support vaccine procurement and rollout, and address fiscal pressures from declining export revenues and external account strain.

    2 May 2026 · The Namibian

Wednesday 8 April

  1. New deputy minister posts draw criticism over budget costs

    Political analysts have criticised president Nandi-Ndaitwah's appointment of seven deputy ministers, saying the move will cost the government nearly N$1.7 million annually and reverses earlier cost-saving pledges. Critics including analyst Henning Melber argue the appointments signal inadequate planning and a centralisation of power, while raising concerns about the appointees' ability to effectively balance parliamentary, executive, and regional council duties.

    8 April 2026 · The Namibian

Wednesday 25 March

  1. At least 91 MPs declare assets and business interests

    At least 91 parliamentarians have submitted asset and interest declarations as required under parliamentary standing rules, with MPs disclosing shareholdings in telecommunications, banking, and brewing companies, as well as residential and commercial properties across Namibia. Failure to comply with annual declaration requirements constitutes a breach of parliamentary rules and may result in referral to the Committee of Privileges for disciplinary measures including fines or formal reprimands.

    25 March 2026 · New Era

Tuesday 17 March

  1. Oshikoto governor denies political bias in Independence Day speaker selection

    Oshikoto Governor Sacky Kathindi denied that keynote speakers for regional Independence Day celebrations were chosen based on political affiliation, saying the selection was a collective decision focused on the region's challenges and service delivery rather than party considerations.

    17 March 2026 · The Namibian

Monday 16 March

  1. Oshikoto Independence Day speakers defended as national, not partisan

    Nahas Angula and regional officials have defended the selection of 11 Swapo members as speakers for Oshikoto's 36th Independence Day event, saying the invitations were issued by the regional council and constituency leadership based on availability and status as leaders, not political affiliation. They acknowledge that Independence Day is a national event open to all Namibians and claim non-Swapo members were also invited, though specifics were not provided.

    16 March 2026 · The Namibian

Monday 16 February

  1. TransNamib suspends two executives over property contract irregularities

    TransNamib has suspended executives Webster Gonzo (human capital) and Alynsia Platt (properties) following an internal investigation into property contracts allegedly concluded without proper procurement procedures while Gonzo was acting CEO. The suspensions stem from findings in a 2022 Ernst and Young forensic audit that identified numerous irregularities in TransNamib's property management, including inadequate oversight, manipulated lease agreements, and N$700 000 in performance bonuses paid to executives while the company recorded monthly losses.

    16 February 2026 · New Era

Wednesday 4 February

  1. Parliamentary committee flags slow project execution in ||Kharas region

    A parliamentary standing committee has identified poor execution and delays in government-funded projects across the ||Kharas region, with committee chairperson Iipumbu Shiimi calling for officials to take project implementation more seriously and improve accountability to parliament.

    4 February 2026 · The Namibian

Monday 2 February

  1. Parliament's economy committee inspects regional projects

    Namibia's Parliamentary Standing Committee on Economy, Industry, Public Administration and Planning completed an oversight visit to the //Kharas region to monitor capital projects including airport infrastructure, hospital renovations, and the railway line. Committee chairperson Iipumbu Shiimi said Parliament has a constitutional responsibility to track government investments to ensure effective use of public funds and tangible benefits to citizens, though some concerns were raised about slow implementation and official absenteeism.

    2 February 2026 · New Era

Wednesday 21 January

  1. Traditional leaders serve rural areas from Windhoek despite legal residency rules

    Several Namibian traditional leaders, including chiefs and headmen, are governing their rural communities while residing in Windhoek, contrary to the Traditional Authorities Act No. 25 of 2000, which requires them to live within their communal areas. They justify this practice by citing the effectiveness of deputies and local committees, though legal scholars note such violations may warrant removal from office.

    21 January 2026 · The Namibian

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