Ministry of Finance — Namibian government agency responsible for budget planning, pension administration, and financial regulatory oversight, recently launching outcome-based budget reforms.
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Informanté
Ministry of Finance will have enhanced coordination with the Presidency and other relevant portfolios
“It also enhances coordination between the Presidency, the Ministry of Finance, and other relevant portfolios, ensuring that fiscal, environmental, and technical aspects of petroleum management are aligned under one coherent governance structure.”
New Petroleum Bill requires disclosure of oil interests by top officialsNew Era
Ministry of Finance introduced the National Youth Development Fund
“The Fund, introduced by the Ministry of Finance, has approved the expansion of youth business financing through the Development Bank of Namibia (DBN), with approvals totaling approximately N$15 million.”
DBN approves N$15m for NYDFThe Namibian
Ministry of Finance launched NYDF in September 2025
“The fund was launched in September 2025 by the Ministry of Finance and provides collateral-free loans (with 2% to 4% interest) to young Namibians aged 18 to 45 to boost entrepreneurship, especially in agriculture, manufacturing, and green projects.”
Youth fund boosts 30 businesses with N$15mNew Era
Ministry of Finance requested records of compliance to the Code of Good Practice on Preferences from public entities
“The Ministry of Finance has put public entities under the spotlight once again, requesting records of compliance to the Code of Good Practice on Preferences issued in 2023 under the Namibian Public Procurement Act.”
Govt follows up on ‘buy local first’ directive …requests evidence from public entitiesNew Era
Ministry of Finance has pronounced National Youth Development Fund no longer has a closing date
“The Ministry of Finance has pronounced the National Youth Development Fund no longer has a closing date.”
Youth fund has no closing date – Ministry … apply any timeNew Era
Ministry of Finance will introduce stricter controls on in-branch social cash grant payments with NamPost
“Working together with the finance ministry, NamPost will introduce stricter controls on in-branch social cash grant payments.”
Beneficiaries put pressure on NamPostInformanté
Ministry of Finance agreed to introduce stricter controls on in-branch social cash grant payments
“To address this, the Ministry of Finance and NamPost have agreed to introduce stricter controls on in-branch social cash grant payments.”
Government and Nampost move to restore order in social grants paymentsNew Era
Sem Nepando was a VAT specialist at the Ministry of Finance
“Beyond his traditional leadership role, the late Nepando was a VAT specialist at the Ministry of Finance.”
‘Justice for Nepando, Nashandi’The Namibian
Ministry of Finance sustained by high court ruling payroll deductions management system (PDMS)
“A high court ruling made last week temporarily sustains the Ministry of Finance's payroll deductions management system (PDMS), forcing Namibian insurers to urgently seek alternative premium collection mechanisms to avoid disruption.”
Court Ruling Buys Insurers Time to AdaptThe Namibian
Ministry of Finance reported country's public debt at around 69% of GDP
“According to the Bank of Namibia and the Ministry of Finance the country's public debt is around 69% of gross domestic product, far below that of countries like Zambia (over 100% before restructuring), Ghana (91%), and Kenya (over 77%).”
Why African Nations Must Follow in Namibia’s Footsteps on Financial DisciplineThe Namibia Football Association has formally proposed amendments to the Sports Act and the establishment of a dedicated national sports levy of N$5 from employees and employers monthly, arguing that current legislation no longer adequately supports the governance and sustainability of sport in Namibia and that the levy would provide sustainable funding to reduce reliance on government grants.
3 hours ago · New Era →
The Namibia Football Association has formally proposed amendments to the Sports Act and the establishment of a dedicated national sports levy of N$5 from employees and employers monthly, arguing that current legislation no longer adequately supports the governance and sustainability of sport in Namibia and that the levy would provide sustainable funding to reduce reliance on government grants.
3 hours ago · New Era →
Health minister Dr Esperance Luvindao announced that Namibia has met international criteria for ending the cholera outbreak after both Grootfontein and Opuwo health districts completed more than 28 days without a confirmed case. The outbreak, declared on 27 November 2025, resulted in 82 laboratory-confirmed cases out of 282 suspected cases and one death in Opuwo district.
15 July 2026 · New Era →
The National MSME Festival 2026, hosted by the Ministry of Finance's Financial Literacy Initiative in Windhoek from 24–26 June, brought together MSME owners and entrepreneurs to network, learn, and pitch ventures. The event underscored entrepreneurship's importance in addressing Namibia's 37% unemployment and 44% youth unemployment rates.
4 July 2026 · The Namibian →
The government auctioned quota for horse mackerel and hake fish on 22 May, raising N$68.4 million from the sale of 11,037 tonnes and 1,719 tonnes respectively. The auction showed improved prices with no unsold quota, receiving nine bids for horse mackerel and seven for hake.
2 July 2026 · The Namibian →
Namibia's fishing industry has cautioned that the government's proposal to increase the bycatch levy from 15% to 50% could threaten company viability and lead to job losses and vessel shutdowns. The Namibian Hake Association warns the measure, combined with stricter bycatch thresholds and forfeiture provisions, would be punitive rather than corrective, and says the industry was not meaningfully consulted before the proposal reached Cabinet.
30 June 2026 · The Namibian →
The Ministry of Health and Social Services' procurement committee has blocked senior officials' proposal to bypass public tender procedures for a N$1-billion medicine purchase, citing concerns that emergency procurement could be abused. The tender was meant to address medicine shortages at public hospitals and clinics.
28 June 2026 · The Namibian →
President Netumbo Nandi-Ndaitwah has nominated Bryan Eiseb, currently head of the Financial Intelligence Centre, to lead the Anti-Corruption Commission, with Prime Minister Elijah Ngurare tabling a motion in the National Assembly for parliamentary approval. Eiseb, 55, would succeed Paulus Noa, whose term as director general ends this month.
25 June 2026 · The Namibian →
The Namibian argues that commercial banks and financial regulators apply a uniform 30–33% debt-to-income affordability cap across all asset classes, treating appreciating homes and depreciating vehicles as equivalent credit risks and thereby blocking creditworthy Namibians from homeownership while enabling unsustainable car purchases.
21 June 2026 · The Namibian →
The Independent Patriots for Change says Namibia must make beneficial ownership information public following the country's removal from the Financial Action Task Force's greylist. Shadow minister Rodney Cloete states that while Namibia corrected gaps in beneficial ownership transparency to exit the greylist, the register remains effectively closed to journalists and the public through the Business and Intellectual Property Authority.
20 June 2026 · The Namibian →
Namibia has been removed from the Financial Action Task Force's grey list after successfully implementing reforms to strengthen its anti-money laundering and counter-terrorism financing framework. The country was initially grey-listed in February 2024 with 13 identified deficiencies, which it addressed ahead of a May 2026 deadline.
20 June 2026 · Windhoek Observer →
A parliamentary standing committee on economics has heard that low salaries, predatory microlenders, and gaps in the law are driving public servants into crippling debt cycles, with some earning as low as N$3,000 a month while facing exorbitant interest rates. The committee is investigating whether existing laws adequately protect Namibians against lending institutions and reviewing the deduction payroll system that allows loan repayments to be taken directly from civil servants' salaries.
16 June 2026 · The Namibian →
The Anti-Corruption Commission is investigating the Keetmanshoop Municipality over alleged irregularities in a N$3.4-million service level agreement awarded to JJF Investments and Bellatrix SME Finance for the supply of prepaid electricity meters. The Ministry of Finance also launched an investigation after receiving information alleging non-compliance with the Public Procurement Act.
14 June 2026 · The Namibian →
The Bank of Namibia hosted an Internal Audit Awareness Day bringing together policymakers, auditors, and public sector leaders to discuss the evolving role of internal audit in strengthening governance and accountability. Deputy Governor Nicholas Mukasa highlighted internal audit as an independent assurance function supporting risk management and organisational resilience.
11 June 2026 · Informanté →
The controversy over Uhuru Dempers' position at the National Youth Council has become a broader question of transparency and accountability within the Ministry of Education, Innovation, Youth, Sport, Arts and Culture. While attendance records confirm Dempers attended NYC meetings and exercised influence on behalf of Minister Sanet Steenkamp, the ministry insists he is merely an independent temporary consultant rather than a special advisor, but this terminological distinction does not address underlying concerns about his involvement in strategic meetings and policy discussions.
10 June 2026 · Windhoek Observer →
Namibia's Ministry of Finance officially launched a budget reform rollout workshop as the government seeks to create outcome-based budget programmes amid growing public debt and narrowing fiscal space. Prime Minister Elijah Ngurare stated that the 2026/27 National Budget of N$87.9 billion was tabled against recovering global conditions, but the global environment has since changed due to the ongoing Middle East war; he added that public debt stands at N$174.6 billion (65.2% of GDP) and the government has committed to reducing the fiscal deficit from 5.5% of GDP in 2026/27 to 3.3% by 2028/29.
9 June 2026 · Informanté →
The Namibian government has budgeted about N$20 million for a feasibility study to revive Air Namibia, which was placed into voluntary liquidation in February 2021 due to debts exceeding N$5 billion. Transport Minister Veikko Nekundi told Parliament that the study has been completed and is under review, conducted by an inter-ministerial team of experts with aviation, legal, and economic expertise.
8 June 2026 · Informanté →
Over 15,000 Namibian pensioners have had their old-age grants suspended after missing a mandatory government verification process in October. Many pensioners say they were not adequately informed of the callout and are now struggling to meet basic needs.
7 June 2026 · The Namibian →
Speaker of the National Assembly Saara Kuugongelwa-Amadhila called on media institutions to improve coverage of women in leadership positions, saying disproportionate focus on controversy and personal conduct over professional achievements erodes public confidence in women leaders and discourages their participation in public life.
6 June 2026 · The Namibian →
The Ministry of Health and Social Services has denied claims that it increased public healthcare tariffs to match those of the Namibia Association of Medical Aid Funds, clarifying that the Ministry of Finance—not the health ministry—has authority over Public Service Employees Medical Aid Scheme tariff changes. The ministry noted that tariff structures have not been comprehensively reviewed in 11 years despite significant changes in healthcare costs.
5 June 2026 · Informanté →
The Ministry of Finance suspended 15,825 of 209,226 old-age grant recipients whose names could not be found in the National Population Registry System. Beneficiaries can restore payments by providing identity documentation at the nearest Ministry of Gender Equality and Child Welfare office, and once verified will receive back payments covering the suspension period.
4 June 2026 · Informanté →
The government has temporarily suspended the grants of 15,825 old-age pension beneficiaries whose names could not be verified on the National Population Registry System. Affected beneficiaries must visit regional gender ministry or constituency offices with their national identification document and birth certificate to have their grants reinstated, and will receive back payment for the suspension period.
3 June 2026 · The Namibian →
The finance ministry's executive director clarified that the government does not accept unsolicited funding bids from private entities or agents for infrastructure projects. Instead, all government funding and development projects must follow established procedures under the National Planning Commission Act and State Finance Act.
20 May 2026 · The Namibian →
The Ministry of Finance says infrastructure funding must comply with existing procurement and borrowing laws and cannot be sourced through unsolicited proposals from private entities or their agents, despite acknowledging that such proposals could support national infrastructure development.
20 May 2026 · Windhoek Observer →
Namibia's health system is fragmented with high administrative costs and limited fiscal pooling. A health professional has proposed a Shared Prosperity Health Covenant framework to transform the system into a unified, equitable, and digitally enabled ecosystem that addresses disparities and promotes universal health coverage.
20 May 2026 · Windhoek Observer →
Namibia Revenue Agency (Namra) has begun moving customs and excise offices to a newly established One-Stop centre on Reger Street in the Southern Industrial area. Currently, only limited services including motor vehicle clearance certificates and booking of physical inspections are available, while payments and other services remain at the Eros Airport office during the transition.
13 May 2026 · The Namibian →
The Cabinet has approved a new Green Industries Council, replacing the Green Hydrogen Council after it ended in February 2025. The council will oversee Namibia's broader green industrialisation agenda, focusing on policy coordination, institutional alignment and investment priorities to accelerate industrialisation, economic diversification and job creation.
11 May 2026 · The Namibian →
The Namibia Planning Commission is coordinating with the Ministries of Finance and Education to develop and upgrade sport facilities across all regions, with a goal of ensuring every Namibian has access to quality sporting infrastructure by 2030. The initiative aims to professionalise sport and create employment and development opportunities for youth.
7 May 2026 · The Namibian →
The Ministry of Finance has rejected the Social Security Commission's request for a procurement exemption to fast-track a N$43.8-million fund management system project. Finance minister Ericah Shafudah said the SSC did not sufficiently justify why the entire Public Procurement Act should be set aside, and noted that the law already provides procurement options such as restricted bidding for specialized services.
6 May 2026 · The Namibian →
The City of Windhoek and government approved a debt swap converting N$357.8 million of the city's historical debt into 423 hectares of land, unlocking more than 6000 residential erven in the Khomas region. Phase one will release about 4856 housing erven in Havana and Groot Aub, alongside land for national projects including offices for the Namibia Revenue Agency and a high-performance sports centre.
6 May 2026 · Windhoek Observer →
The Office of the Prime Minister has dismissed claims that recent amendments to the Public Service Employees Medical Aid Scheme require members to reapply, stating the changes—including increased contribution rates, removal of the 5% co-payment, and benefit structure review—do not affect current membership status and were automatically implemented through payroll systems.
21 April 2026 · Informanté →