The says that the Rent Control Bill is currently undergoing drafting by an assigned team of experts.

The ministry's public relations department says the final draft is expected to be done before the end of the 2023–2024 financial year.

The ministry says it is subject to stakeholders' consultations and refinements.

The Rent Control Board of Namibia was set up in 2018 by the former Minister of Industrialization, Trade, and SME Development, Tjekero Tweya.