Minister of Finance Ericah Shafudah announced that pensioners will receive an additional N$100 from 1 April 2026, with N$447 million allocated to accommodate the increase. The announcement was made during the presentation of the Budget Statement for the 2026/27 financial year in Parliament.
Minister of Finance Ericah Shafudah announced that pensioners will receive an additional N$100 from 1 April 2026, with N$447 million allocated to accommodate the increase. The announcement was made during the presentation of the Budget Statement for the 2026/27 financial year in Parliament.
An opinion piece argues that the proposed Petroleum (Exploration and Production) Amendment Bill, which would move upstream oil governance from the Ministry of Mines and Energy to the Office of the President, poses constitutional and accountability risks by concentrating discretion outside parliamentary scrutiny and historical safeguards. The author proposes instead creating an independent, specialised upstream regulator outside the Presidency, strengthening conflict-of-interest rules, operationalising dormant accountability laws, and equipping Parliament with resources to oversee the sector.
Finance Minister Ericah Shafudah presented the FY 2026/27 Budget Statement allocating N$17 billion to the Safety and Security sector, with N$7.5 billion for defence and N$8.1 billion for the Ministry of Home Affairs, Immigration, Safety and Security. The allocation reflects the government's commitment to maintaining peace and security as foundations for economic growth, representing 19.5% of total expenditure excluding interest payments.
The Minister of Finance and Public Enterprises has announced increases in sin tax on tobacco and alcohol products for 2026/27. Excise duties on tobacco products will rise by N$3.39, raising cigarette tax from N$22.81 to N$23.58 per pack of 20, while alcoholic beverage duties will increase by 3.39% across all categories.
Minister of Finance Ericah Shafudah announced that N$54.3 billion has been allocated to the social sector in the 2026/27 budget, with N$28 billion for education and N$13.1 billion for health, representing 61.7% of total government spending and reflecting government commitment to human capital development and inclusive growth.
Finance Minister Ericah Shafudah is presenting Namibia's 2026–2027 National Budget to Parliament as the country faces structural revenue challenges, rising public debt, and fiscal constraints. Government revised its revenue forecast downward to N$89.4 billion, while public debt is projected to reach N$177 billion (about 60% of GDP), with fixed costs consuming roughly 60% of expenditure.
President Nandi-Ndaitwah has challenged Independent Patriots for Change leader Panduleni Itula to provide empirical evidence linking her family to Namibia's upstream oil sector, reiterating her denial of direct or indirect interests. Itula held his third oil-related press conference in less than three weeks, presenting what he termed documented evidence of a systematic network involving the president's sons and husband across the petroleum value chain, including fuel imports, distribution, and investments.
The City of Windhoek has received a disclaimer of opinion from Auditor General Junias Kandjeke due to insufficient audit evidence and inadequate accounting records. The audit identified weaknesses in internal controls, non-compliance with financial regulations including overstated employee costs, and systemic failures in record-keeping and documentation.
Deputy Minister Ballotti told Parliament that most budgeted education infrastructure projects for the 2025/26 financial year are advancing as planned, with majority expected near completion by June 2026, though three capital projects—Mix Primary School, Tubusis Primary School, and Onkumbula Combined School hostels—are experiencing delays.
Environment and Tourism Minister Indileni Daniel has expressed support for placing petroleum oversight under the Presidency, arguing that the sector is a strategic national resource requiring supervision at the highest executive level to ensure coordinated leadership, protect national interests, and maintain investor confidence. Daniel told Parliament that the arrangement aligns with the Constitution and is necessary for coordinating international negotiations and inter-ministerial work on oil and gas projects.