Over N$12.3b in public funds unaccounted for since 2015

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Since 2015, alleged corruption, theft and financial mismanagement in the public sector have left more than N$12.3 billion of public resources unaccounted for.

Some matters, including cases that involve state-linked institutions and state enterprises, remain under investigation or are before the courts.

Namibia dollar strengthens against US dollar year on year

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The Namibia dollar has strengthened against the US dollar compared to the same period last year.

As of the start of this year, the exchange rate stood at around N$16 to US$1, an improvement from the N$18 recorded around this time in January 2025.