NATIONAL ASSEMBLY APPROVES N$12.9 BILLION FOR FINANCE MINISTRY

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The National Assembly has approved an amount of about N$12.9 billion to be allocated to the Ministry of Finance.

Members of Parliament shared their views and suggestions on the budget prior to the approval of the vote.

NATIONAL ASSEMBLY APPROVES N$181M BUDGET FOR ECN

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Members of Parliament in the National Assembly have approved the Electoral Commission of Namibia’s budget of N$181 million for the 2026/2027 financial year.

PDM MP Diederik Vries questioned the allocation for non-personnel expenditure.

Government allocates N$75 million for Walvis Bay housing

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To address the national housing backlog, the government has allocated N$75 million to the Walvis Bay Municipality for land servicing and the construction of 200 low-cost housing units at Farm 37, as part of the first phase of a broader housing initiative.

Cabinet Approves N$257 million Youth Fund

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The Cabinet approved the common guidelines for the operationalisation of the National Youth Fund, which include an initial outlay of N$257 million and subsequent yearly official subventions.

NTB projected to collect about N$48 million from levies this year

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The Chief Executive Officer of the Namibian Tourism Board says the board is projected to collect about N$48 million from its levies this year.

Digu ||Naobeb revealed that from 2019 until 2021, government funding to the board has been on average N$3 million.