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
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In coverage

Verbatim sentences from the source article.

  1. April 2023

  3. Minister of finance and public enterprises Iipumbu Shiimi has denied reports saying he is related to Shiwana Ndeunyema, the acting managing director of the National Petroleum Corporation of Namibia (Namcor). …

    The Namibian

    Shiimi denies being related to Namcor acting MD

  5. Finance minister Iipumbu Shiimi has defended his decision to approve the payment of N$375 000 for unapproved board meetings at the National Petroleum Corporation of Namibia (Namcor) that discussed the controversial N$100 million deal made by managing director Immanuel Mulunga. …

    The Namibian

    Shiimi forgives Namcor board for unauthorised meetings
  6. March 2023
  9. February 2023

  10. … Finance minister Iipumbu Shiimi this week warned against abusing government policies to benefit briefcase companies.Documents show that Figura’s close corporation appears to be working at her mother’s address at Hochland Park. …

    The Namibian

    Business with one employee wins N$141m medical tenders
  11. October 2022

  13. … Finance minister Iipumbu Shiimi during his budget statement clearly said this would adversely impact allocations to key programmes in furthering Namibia’s national development objectives. …

    The Namibian

    The Fatal Error of Over-Borrowing
  14. October 2021

  15. … It was marketed as such during a visit to America, said finance minister Iipumbu Shiimi at a recent State House briefing. …

    The Namibian

    Lionsgate Eyes Namibia
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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