The Minister of Finance and Public Enterprises, Iipumbu Shiimi, announced a substantial increase in funding for sports during his delivery of the 2024/25 budget in the National Assembly.

The Ministry of Sport, Youth, and National Service received a 45.3% increase compared to last year, amounting to a planned N2.2 billion.

In his budget speech, Shiimi stated that the allocated funds to the line Ministry would be utilized for its upcoming activities.

The allocation of funds for the renovation of the Independence Stadium is a welcomed development for local football enthusiasts. The country's primary sports venue had been deemed unsuitable for international competitions by both CAF and FIFA, leading to a suspension of international football matches in Namibia for several years.