List of state-owned enterprises in Namibia

Last updated

As of 2017 there were a total of 97 state-owned enterprises, also called public enterprises, in Namibia.

18 of the public enterprises are profit-driven and fall under the Ministry of Public Enterprises established in March 2015. Leon Jooste heads this ministry. [1] The other state-owned commercial entities are mainly active in education, media, and transport. They execute state functions and fall under their respective line ministries. [2] Some of the state-owned enterprises in Namibia are: [3] [4]

Company nameBudget contribution 2013/2014-2015/2016 [5] [6] DescriptionClassification [3]
Agribank -284 MioFinancing of agricultural projects and farm acquisitionsFinancial
August 26 Group DefenceCommercial
Bank of Namibia 262 MioFinancial
Development Bank of Namibia -350 MioDevelopment of SMEs Financial
Diamond Board of NamibiaRegulatory
Electricity Control BoardRegulatory
Epangelo Mining -33 Mio
Film Commission of NamibiaRegulatory
Financial Interagency Centre-45 Mio
National Fishing Corporation of Namibia Fishing quotasCommercial
Fisheries Observer Agency-23 MioRegulatory
Karakul Board of South West AfricaRegulatory
Land Acquisition and Development Fund-245 MioImplementing land reform
Meat Board of NamibiaRegulatory
Minerals Development Fund of NamibiaFinancial
NamDeb 1,514 MioDiamond mining
Namibia Airports Company -283 MioMaintenance of Namibian airportsCommercial
Namibian Broadcasting Corporation -1,055 MioState broadcasterMedia
Namibia Diamond Trading Company294 MioDiamond trading
Namibia Development Corporation-49 Mio
Namibia Financial Institutions Supervisory Authority (NamFISA)Regulatory
Namibian Agronomic BoardRegulatory
Namibia National Reinsurance Corporation 3 MioReinsuranceFinancial
Namibian College of Open Learning (NamCOL)-258 MioSecondary education
Namibian Communications CommissionRegulatory
Namibian Competition CommissionRegulatory
Namibian Institute for Public Administration and Management (NIPAM)-162 MioTertiary education for Government
Namibian Maritime and Fisheries Institute -23 MioTertiary educationEducational
Namibian Ports Authority -205 MioManagement of Namibian portsCommercial
Namibian Standards Institution -124 MioDevelop and maintain standards for Namibia
Namibia Post & Telecommunications Ltd50 MioCommercial
Namibia Power Corporation Power supplyCommercial
Namibia Press Agency (NAMPA)-60 MioMedia
Namibia Qualifications Authority -75 MioRegistering Namibian educational qualifications and evaluating foreign degrees
Namibia Statistics Agency -158 MioCollect, analyse, and disseminate statistics for the formulation of public policy
Namibia Students' Financial Assistance Fund-2,013 MioStudent loans
Namibia Tourism Board -90 MioDevelopment of the tourism sectorRegulatory
Namibia Training Authority -899 MioVocational education
Namibia Water Corporation Water supply and sanitationCommercial
Namibia Wildlife Resorts -52 MioOperation of the major tourist resorts in NamibiaCommercial
Namibia University of Science and Technology -996 MioTertiary education
NamZim -24 MioRuns the SWAPO and ZANU-PF-friendly weekly Southern Times Media
National Emergency and Disaster Management Fund-82 MioManaging floods, droughts, and food assistance programmes
National Housing Enterprise -320 MioProvisioning of housing for low and middle-income familiesFinancial
National Petroleum Corporation of NamibiaRegulatory
National Special Risks AssociationFinancial
National Youth Council-56 Mio
National Youth Service -232 MioEmployment and training projects for the Namibian youth
New Era -57 MioState-owned newspaperMedia
Offshore Development CompanyManagement of the Walvis Bay Export Processing ZoneCommercial
Regional Equity and Development Fund-90 Mio
Road Funds AdministrationRegulatory
Roads Authority -6 MioMaintenance of Namibian roadsRegulatory
Security Enterprises and Security Officers Regulation BoardRegulatory
SME Bank of Namibia -161 MioFinancing Namibian SMEs
Social Security Commission-51 MioWelfare
TransNamib Holdings-90 MioOperation of Namibian railwaysCommercial
University of Namibia -2,647 MioTertiary educationEducational
Veterans Subversion Fund-1,382 MioUplifting veterans of the South African Border War
Windhoek Country Club and CasinoHospitalityCommercial
Windhoeker Maschinenfabrik Defence contractor, subsidiary of August 26 GroupCommercial
Youth Credit Scheme-62 Mio

Former state-owned enterprises

The following companies were state-owned, and have been dissolved: [7]

Company nameLast budget contribution (year) [5] [6] DescriptionClassification [3] Dissolved in
Air Namibia -1,766 Mio (2013/2014-2015/2016)National airlineCommercial2021
Roads Contractor CompanyRoad maintenanceCommercialNot finalised
Namibia Bricks EnterprisesBrick manufacturingCommercial2000s
Star Protection ServicesSecurityCommercial2000s

References

  1. "Geingob announces Cabinet" Archived 2015-10-02 at the Wayback Machine , The Namibian, 20 March 2015.
  2. Immanuel, Shinovene; Ngatjiheue, Charmaine (26 November 2021). "Jooste available for redeployment". The Namibian . p. 1.
  3. 1 2 3 Sherbourne, Robin. Guide to the Namibian Economy 2013/14. Institute for Public Policy Research. pp. 382–385. ISBN   978-99945-78-14-6.
  4. Ngatjiheue, Charmaine (31 May 2017). "The future of public enterprises". The Namibian ("State-Owned Enterprises" supplement ed.). p. 2.
  5. 1 2 "Government income from SOEs 2013/2014-2015/2016". Insight Namibia. April 2013. p. 21.
  6. 1 2 "Payments and transfers to SOEs 2013/2014-2015/2016". Insight Namibia. April 2013. p. 22.
  7. Immanuel, Shinovene; Ngatjiheue, Charmaine (26 November 2021). "Jooste available for redeployment". The Namibian . p. 1.