The National Assembly has passed the second reading of the Public Enterprise Governance (PEGA) Bill.

The Minister of Works and Transport Veikko Nekundi has appointed interim boards for the Public Assets Management Agency of Namibia (PAMA) and a temporary board for the Namibia Airports Company (NAC).

The appointments are aimed at improving management of public assets and governance.

President Netumbo Nandi-Ndaitwah has given State-Owned Enterprises (SOEs) a 24-month deadline to table investment-ready projects while declaring she is prepared to disrupt government systems to remove obstacles.

The Chief Executive Officer of the Motor Vehicle Accident Fund says pedestrian road-related crashes remain a challenge despite the introduction of the pedestrian safety initiative.

Rosalia Martins-Hausiku said this at the Public Enterprise Breakfast held in Windhoek.

Chief Executive Officers of state-owned enterprises were reminded of their vital role in supporting economic growth and investor confidence.

The CEOs were tasked to always prioritise service delivery to avoid becoming a burden to the state through continuous bailouts.

Ohangwena Governor Kadiva Hamutumwa has urged public servants and employees of public enterprises in the region to uphold ethical standards and adopt a zero-tolerance approach to corruption.

Minister of Information and Communication Technology Emma Theofelus has called on public enterprises to work towards self-reliance in anticipation of a phased reduction in government subsidies over the next few years.

The Public Enterprises Governance Amendment Bill has been amended and will enable the transfer of specific functions from the minister responsible for public enterprises and finance to the Prime Minister.

The Namibian Broadcasting Corporation (NBC) has condemned allegations made by Independent Patriots for Change (IPC) MP John Louw Mouton, who claimed the public broadcaster failed to pay taxes to the Namibia Revenue Agency (NamRA) and alleged corruption related to a government bailout of N$353 million. 

Prime Minister Dr. Elijah Ngurare has presented the Public Enterprises Governance Amendment Bill 2025 in the National Assembly, describing it as a critical reform to enhance the governance, accountability and performance of Namibia’s public enterprises.