Public Enterprises Governance Act of 2019

Yesterday

1. Prime Minister gains expanded powers over state-owned enterprises

   The National Assembly has passed amendments to the Public Enterprises Governance Act that shift oversight of SOEs to relevant line ministers while centralising key governance directives under the Prime Minister. The Prime Minister will now be empowered to issue binding directives on board appointments, CEO employment and remuneration, strategic business plans, budgets, and corporate dividend policies.

   23 October 2026 · Windhoek Observer →

2. Prime Minister gains expanded control over state-owned enterprises

   The National Assembly has passed amendments to the Public Enterprises Governance Act that expand the Prime Minister's powers over state-owned enterprises, including authority to set directives on board appointments, CEO employment and remuneration. The amendment removes the single minister responsible for public enterprises, instead placing each entity under its relevant line minister while centralising key governance directives under the Prime Minister.

   23 October 2026 · Windhoek Observer →