The Minister of Finance, Ericah Shafudah, announced the implementation of the pension-backed housing scheme to improve access to decent and affordable housing mainly for civil servants who are not able to meet bank loan requirements.
The Bank of Namibia announced a record dividend of N$ 720 million dollars for last year, exceeding the 511 million dollars paid to the government in 2023.
Finance Minister Ericah Shafudah has said the 2025-26 financial year is anticipated to be an eventful year from a financing perspective.
Shafudah pointed out that the government is faced with the redemption of a US$750 million Eurobond on 29 October this year.
Finance Minister Ericah Shafudah has tabled a budget of N$106.3 billion for the 2025-2026 financial year, the maiden budget of the new administration of President Netumbo Nandi-Ndaitwah.
The budget, themed "Beyond 35, for a Prosperous Future", marks an increase of 22.6% from the previous year.
Namibia has launched the first Bloomberg Finance Lab at the Namibia University of Science and Technology (NUST), the first of its kind in Africa.
The Minister of Finance, Ipumbu Shiimi, says the recently effected Tax Amendment Act holds more benefits than a reduction in an individual's tax bill.
The Central Procurement Board of Namibia (CPBN) has refuted allegations that it corruptly awarded an unadvertised multimillion-dollar tender to a local pharmaceutical company, Fabupharm.
Financial constraints are the leading cause of people with visual impairments not being able to own white canes.
To address this situation, the Eastern Association for the Visually Impaired in the Zambezi Region is appealing to the business community and other stakeholders to help those in need.
The Namibian government is at an advanced stage in the reform of the Public Service Employee Medical Aid Scheme (PSEMAS).
