FINANCE MINISTRY TABLES N$12.8 BILLION BUDGET

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The Finance Ministry has tabled a N$12.8 billion operational budget for the 2026-2027 financial year.

Finance Minister Ericah Shafudah, in tabling her ministry's budget, stated that it aims at sustaining core government functions and service delivery.

GOVERNMENT EYES NATIONAL RESERVES FOR KEY COMMODITIES

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Finance Minister Ericah Shafudah informed the National Assembly that the government has not forgotten its 2025 discussions on ensuring that key commodities form part of the country's national reserves.

BUDGET DIALOGUE SPOTLIGHTS NAMIBIA'S GROWTH VISION

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Government officials, business leaders and economists gathered in Windhoek on Wednesday morning for the Annual Budget Dialogue 2026, where speakers reflected on Namibia’s recently tabled 2026/27 National Budget and the role it will play in shaping the country’s economic future.

NAMPOST AWARDED TENDER TO DISTRIBUTE GRANTS

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Minister of Finance Ericah Shafudah says that NamPost was awarded the tender of distributing grants as a result of the public entity to public entity procurement strategy.

This was her response to IPC MP Lilian Lutuhezi, who sought clarity on how the ministry came to the decision.

Ericah Shafudah said social sector tops 2026/27 budget

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During the tabling of the national budget for the 2026/2027 fiscal year, Minister of Finance Ericah Shafudah revealed that the social sector remains the largest area of government expenditure.

Namibia pays off US$750 million Eurobond

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Namibia has repaid the country's second Eurobond, valued at US$750 million, marking the largest single debt maturity in Namibia's history. 

Shafudah urges NamPost to absorb affected workers

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Finance Minister Ericah Shafudah has urged NamPost, the new distributor of social grants, to consider absorbing employees affected by the termination of Epupa Investment Technology’s contract.