Innovation is not a luxury but a necessity for Namibia’s economic resilience and sustainability. This was the message from the Minister of Finance and Public Enterprises, Erica Shafudah, at the 2025 Good Business and Innovation Awards held in Windhoek.

The Minister of Finance and Public Enterprises, Iipumbu Shiimi, unveiled the financial adjustments during the presentation of the N$4.8 billion 2023–2024 Appropriation Bill.

An additional budget of N$643 million will go towards the drought relief programme under the Office of the Prime Minister.