Namibia Minute.
Friday, 24 April 2026
A daily Namibian brief · Est. 2026
Windhoek—:—London—:—New York—:—Beijing—:—
Organization

National Housing Enterprise

Also known as: NHE · National Housing Enterprises

State-owned housing developer delivering low-cost homes to low-income Namibians; 2024/25 reported N$23m profit but delivered only 191 houses against national backlog of 300,000.

Business

Government cuts funding to state-owned enterprises in 2026/27

The News

The finance ministry plans to reduce subsidies and capital transfers to state-owned enterprises from N$1.3 billion in 2025/26 to N$615.7 million in 2026/27, citing fiscal consolidation and high public debt. Several SOEs including TransNamib and the Agricultural Bank of Namibia will receive no government transfers, while priority support goes to the National Housing Enterprise and Road Fund Administration.

3 March 2026 · The Namibian →

Tuesday 3 March

  1. Government cuts funding to state-owned enterprises in 2026/27

    The finance ministry plans to reduce subsidies and capital transfers to state-owned enterprises from N$1.3 billion in 2025/26 to N$615.7 million in 2026/27, citing fiscal consolidation and high public debt. Several SOEs including TransNamib and the Agricultural Bank of Namibia will receive no government transfers, while priority support goes to the National Housing Enterprise and Road Fund Administration.

    3 March 2026 · The Namibian →

  2. Opposition walkout halts parliament vote on commissioners

    Opposition MPs staged a walkout from the National Assembly on Thursday when the government sought urgent approval of four Public Service Commission commissioners, citing concerns about their age, qualifications, ethnic representation, and lack of adequate debate. The walkout left no quorum for the vote to proceed.

    3 March 2026 · The Namibian →

Monday 2 March

  1. NHE posts N$23m profit but delivers only 191 houses

    The National Housing Enterprise reported a N$23 million net profit for 2024/2025, up from N$6 million the previous year, but delivered only 191 houses—far below the government's target of 10,000 per year. The minister and board chairperson acknowledged the delivery gap and called for accelerated pace to address the housing backlog across Namibia's regions.

    2 March 2026 · New Era →

Sunday 1 March

  1. National Housing Enterprise posts N$22.5m profit on government injection

    The National Housing Enterprise reported a net profit of N$22.5 million for 2024/25, a significant jump from N$6 million the previous year, largely due to a N$61 million government recapitalisation. However, the improvement masks underlying challenges: total revenue fell 15% to N$195 million as housing unit sales plummeted from 455 to 231 units, while non-performing loans and impairments have risen amid economic pressures.

    1 March 2026 · The Namibian →

Friday 27 February

  1. Government allocates N$1.9 billion to housing and urban development

    The Finance Minister tabled the 2026/27 National Budget allocating N$1.9 billion to the Ministry of Rural and Urban Development, with N$744 million for developmental projects. The government reported progress in housing delivery through various programmes and is shifting key strategic projects to State-Owned Enterprises to maximise development funding.

    27 February 2026 · Informanté →

Monday 16 February

  1. NHE launches N$74 million low-cost housing project in Eenhana

    The National Housing Enterprises has begun construction of 100 low-cost houses in Eenhana town, Ohangwena Region, in response to growing housing demand among low-income earners. The N$74 million project will be implemented in phases, with the first phase expected to start next week.

    16 February 2026 · Informanté →

Tuesday 10 February

  1. NHE to build 100 affordable houses in Eenhana

    The National Housing Enterprises has committed to construct 100 houses valued at N$7.4 million in Eenhana's Extension 10, with construction set to begin on 16 February 2026 and run for five months. The initiative aims to address housing demand for low-income earners while creating employment and skills development opportunities for local residents.

    10 February 2026 · New Era →

  2. National Housing Enterprise breaks ground on 100 Eenhana homes

    The National Housing Enterprise is constructing 100 houses at Eenhana in Ohangwena region, with the first phase comprising 30 units at Ekolola. The project continues a partnership between the Eenhana Town Council and NHE to address the regional housing backlog, with a mayor noting the enterprise's construction of close to 400 houses between 1998 and 2015.

    10 February 2026 · The Namibian →

Friday 6 February

  1. National Housing Enterprises prioritizes low-cost housing for ultra-low-income Namibians

    The National Housing Enterprises has launched a housing initiative targeting ultra-low-income earners, with monthly incomes up to N$3,500, using local and alternative building materials to reduce costs without compromising quality. Towns including Usakos, Ongwediva, and Oshakati will benefit from the program, which aims to help low-income Namibians acquire assets and achieve homeownership.

    6 February 2026 · New Era →

  2. NHE launches programme to upgrade informal settlements nationwide

    The National Housing Enterprise has rolled out the National Informal Settlement Upgrading Programme (NISUP) to transform temporary structures into permanent homes in major urban centres including Opuwo, Ondangwa, Rundu, and Walvis Bay. The enterprise aims to construct nearly 3,000 new homes this year but faces constraints from a housing backlog of 300,000 and limited availability of serviced land.

    6 February 2026 · New Era →

Namibia Minute