List of state-owned enterprises in Namibia

Last updated January 22, 2025

As of 2017^[update] 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 name	Budget contribution 2013/2014-2015/2016^[5]^[6]	Description	Classification^[3]
Agribank	-284 Mio	Financing of agricultural projects and farm acquisitions	Financial
August 26 Holdings Company		Defence	Commercial
Bank of Namibia	262 Mio		Financial
Development Bank of Namibia	-350 Mio	Development of SMEs	Financial
Diamond Board of Namibia			Regulatory
Electricity Control Board			Regulatory
Epangelo Mining	-33 Mio
Film Commission of Namibia			Regulatory
Financial Interagency Centre	-45 Mio
National Fishing Corporation of Namibia		Fishing quotas	Commercial
Fisheries Observer Agency	-23 Mio		Regulatory
Karakul Board of South West Africa			Regulatory
Land Acquisition and Development Fund	-245 Mio	Implementing land reform
Meat Board of Namibia			Regulatory
Minerals Development Fund of Namibia			Financial
NamDeb	1,514 Mio	Diamond mining
Namibia Airports Company	-283 Mio	Maintenance of Namibian airports	Commercial
Namibian Broadcasting Corporation	-1,055 Mio	State broadcaster	Media
Namibia Diamond Trading Company	294 Mio	Diamond trading
Namibia Development Corporation	-49 Mio
Namibia Financial Institutions Supervisory Authority (NamFISA)			Regulatory
Namibian Agronomic Board			Regulatory
Namibia National Reinsurance Corporation	3 Mio	Reinsurance	Financial
Namibian College of Open Learning (NamCOL)	-258 Mio	Secondary education
Namibian Communications Commission			Regulatory
Namibian Competition Commission			Regulatory
Namibian Institute for Public Administration and Management (NIPAM)	-162 Mio	Tertiary education for Government
Namibian Maritime and Fisheries Institute	-23 Mio	Tertiary education	Educational
Namibian Ports Authority	-205 Mio	Management of Namibian ports	Commercial
Namibian Standards Institution	-124 Mio	Develop and maintain standards for Namibia
Namibia Post & Telecommunications Ltd	50 Mio		Commercial
Namibia Power Corporation		Power supply	Commercial
Namibia Press Agency (NAMPA)	-60 Mio		Media
Namibia Qualifications Authority	-75 Mio	Registering Namibian educational qualifications and evaluating foreign degrees
Namibia Statistics Agency	-158 Mio	Collect, analyse, and disseminate statistics for the formulation of public policy
Namibia Students' Financial Assistance Fund	-2,013 Mio	Student loans
Namibia Tourism Board	-90 Mio	Development of the tourism sector	Regulatory
Namibia Training Authority	-899 Mio	Vocational education
Namibia Water Corporation		Water supply and sanitation	Commercial
Namibia Wildlife Resorts	-52 Mio	Operation of the major tourist resorts in Namibia	Commercial
Namibia University of Science and Technology	-996 Mio	Tertiary education
NamZim	-24 Mio	Runs the SWAPO and ZANU-PF-friendly weekly Southern Times	Media
National Emergency and Disaster Management Fund	-82 Mio	Managing floods, droughts, and food assistance programmes
National Housing Enterprise	-320 Mio	Provisioning of housing for low and middle-income families	Financial
National Petroleum Corporation of Namibia			Regulatory
National Special Risks Association			Financial
National Youth Council	-56 Mio
National Youth Service	-232 Mio	Employment and training projects for the Namibian youth
New Era	-57 Mio	State-owned newspaper	Media
Offshore Development Company		Management of the Walvis Bay Export Processing Zone	Commercial
Regional Equity and Development Fund	-90 Mio
Road Funds Administration			Regulatory
Roads Authority	-6 Mio	Maintenance of Namibian roads	Regulatory
Security Enterprises and Security Officers Regulation Board			Regulatory
SME Bank of Namibia	-161 Mio	Financing Namibian SMEs
Social Security Commission	-51 Mio		Welfare
TransNamib Holdings	-90 Mio	Operation of Namibian railways	Commercial
University of Namibia	-2,647 Mio	Tertiary education	Educational
Veterans Subversion Fund	-1,382 Mio	Uplifting veterans of the South African Border War
Windhoek Country Club and Casino		Hospitality	Commercial
Windhoeker Maschinenfabrik		Defence contractor, subsidiary of August 26	Commercial
Youth Credit Scheme	-62 Mio

Former state-owned enterprises

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

Company name	Last budget contribution (year)^[5]^[6]	Description	Classification^[3]	Dissolved in
Air Namibia	-1,766 Mio (2013/2014-2015/2016)	National airline	Commercial	2021
Roads Contractor Company		Road maintennance	Commercial	Not finalised
Namibia Bricks Enterprises		Brick manufacturing	Commercial	2000s
Star Protection Services		Security	Commercial	2000s

Related Research Articles

Windhoek is the capital and largest city of Namibia. It is located in central Namibia in the Khomas Highland plateau area, at around 1,700 m (5,600 ft) above sea level, almost exactly at the country's geographical centre. The population of Windhoek, was 486,169 in 2023, is constantly growing due to a continued migration from other regions in Namibia.

The South West Africa People's Organisation, officially known as the SWAPO Party of Namibia, is a political party and former independence movement in Namibia. Founded in 1960, it has been the governing party in Namibia since the country achieved independence in 1990. The party continues to be dominated in number and influence by the Ovambo ethnic group.

Katuutire Kaura was a Namibian politician. He was president of the Democratic Turnhalle Alliance (DTA) from 1998 to 2013 and was the official leader of the opposition from 2000 to 2005.

Saara Kuugongelwa-Amadhila is a Namibian politician who has served as the Prime Minister of Namibia since 2015. She is a member of the South West Africa People's Organization (SWAPO) and has been a member of the National Assembly of Namibia since 1995. She served as Minister of Finance from 2003 to 2015. She is the first woman to serve as Prime Minister of Namibia.

<span class="mw-page-title-main">McHenry Venaani</span> Namibian politician (born 1977)

McHenry Venaani is a Namibian politician and the President of the Popular Democratic Movement, a party with five seats in the National Assembly of Namibia and one seat in the National Council of Namibia. Venaani was contesting for a presidential race which took place on the 27th November 2024. Venaani has been a member of the National Assembly from 2002 to 2010, in 2014, and since 2015. At the time of his appointment in 2002, he was Namibia's youngest MP. He was one of the three candidates standing for election as Paramount Chief of the Ovaherero Traditional Authority in January 2023, competing against Hoze Riruako and Mike Kavekotora.

<span class="mw-page-title-main">Abraham Iyambo</span> Namibian politician (1961–2013)

Abraham Iyambo was a Namibian politician. Iyambo was a member of the National Assembly of Namibia since 1995, serving as Minister of Fisheries from 1997 to 2010 and Minister of Education from 2010 until his death. Iyambo was a member of both the central committee and political bureau of the SWAPO Party and the chairperson of its think tank.

Kazenambo Kazenambo, commonly known as KK, was a Namibian politician.

Leon Jooste is a Namibian politician and businessperson who served as Minister of Public Enterprises until 1 December 2022.

The Cabinet of Namibia is an appointed body that was established by Chapter 6 of the Constitution of Namibia. It is mandated to include the following positions: the President of Namibia, the Prime Minister of Namibia and any positions that the President so appoints.

Haimbili Haufiku Senior Secondary School is a school at east of Eenhana town in the Ohangwena Region of Namibia. It was established in 1988. R.M.O Shaninga is the current principal of the school. bHaimbili Haufiku was named after the eighth Oukwanyama, King Haimbili yaHaufiku, who ruled from 1811 until 1858.

The government of Namibia consists of the executive, the legislative and the judiciary branches. The Cabinet is the executive organ of government, implementing the laws of the country. It consists of the president, the prime minister and his deputy, as well as the ministers of the Cabinet of Namibia. The legislative organs of government are the National Council and the National Assembly. They make the laws of the country. The judiciary organs of government are the courts. The highest court of Namibia is the Supreme Court. There are also the high courts and lower courts.

Namibia is located in sub-Saharan Africa, a region that has some of the highest crime rates in the world. Contributing factors are for instance poverty, a low level of development, and huge social and economic disadvantages. For example, according to government statistics, the unemployment rate reached 28.1% in 2014; in 2008, it was 51.2%.

St Boniface College is a private secondary school in the Kavango East Region of Namibia, situated 30 kilometres east of the regional capital, Rundu. It is a Roman Catholic Church boarding school.

Johannes ǃGawaxab is a Namibian businessman who was appointed Governor of the Bank of Namibia, the country's central bank and national banking regulator, on 21 April 2020. He assumed his new office on 3 June 2020.

The Namibian Ministry of Finance (MOF) was established at Namibian independence in 1990. The first Namibian minister of finance was German Namibian Otto Herrigel. The current finance minister is Iipumbu Shiimi, a former governor of the Bank of Namibia.

Andrew Niikondo is a Namibian academic. He is the pro-vice-chancellor for academic affairs of the Namibia University of Science and Technology and the chairperson of the think tank of SWAPO.

The Ministry of Public Enterprises (MPE) was a department of the Namibian government. It was established in 2015 and existed in this form until 2022. The only minister in this ministry was Leon Jooste.

Events in the year 2022 in Namibia.

References

↑ "Geingob announces Cabinet" Archived 2015-10-02 at the Wayback Machine , The Namibian, 20 March 2015.
↑ Immanuel, Shinovene; Ngatjiheue, Charmaine (26 November 2021). "Jooste available for redeployment". The Namibian . p. 1.
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.
↑ Ngatjiheue, Charmaine (31 May 2017). "The future of public enterprises". The Namibian ("State-Owned Enterprises" supplement ed.). p. 2.
1 2 "Government income from SOEs 2013/2014-2015/2016". Insight Namibia. April 2013. p. 21.
1 2 "Payments and transfers to SOEs 2013/2014-2015/2016". Insight Namibia. April 2013. p. 22.
↑ Immanuel, Shinovene; Ngatjiheue, Charmaine (26 November 2021). "Jooste available for redeployment". The Namibian . p. 1.

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.

[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.

[Sherbourne-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.

[income-5] 1 2 "Government income from SOEs 2013/2014-2015/2016". Insight Namibia. April 2013. p. 21.

[transfers-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.

[1]

[2]

[3]

[4]

[5]

[6]

[7]

v t e State-owned enterprises of Africa
Sovereign states	Algeria Angola Benin Botswana Burkina Faso Burundi Cameroon Cape Verde Central African Republic Chad Comoros Democratic Republic of the Congo Republic of the Congo Djibouti Egypt Equatorial Guinea Eritrea Eswatini Ethiopia Gabon The Gambia Ghana Guinea Guinea-Bissau Ivory Coast Kenya Lesotho Liberia Libya Madagascar Malawi Mali Mauritania Mauritius Morocco Mozambique Namibia Niger Nigeria Rwanda São Tomé and Príncipe Senegal Seychelles Sierra Leone Somalia South Africa South Sudan Sudan Tanzania Togo Tunisia Uganda Zambia Zimbabwe
States with limited recognition	Sahrawi Arab Democratic Republic Somaliland
Dependencies and other territories	Canary Islands / Ceuta / Melilla (Spain) Madeira (Portugal) Mayotte / Réunion (France) Saint Helena / Ascension Island / Tristan da Cunha (United Kingdom)