List of state-owned enterprises in Namibia

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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] [5]

Company nameBudget contribution 2013/2014-2015/2016Description
NamDeb 1,514 MioDiamond mining
Namibia Diamond Trading Company294 MioDiamond trading
Bank of Namibia262 Mio
Namibia Post & Telecommunications Ltd 50 Mio
Namibia National Reinsurance Corporation Ltd 3 MioReinsurance
University of Namibia -2,647 MioTertiary education
Namibia Students' Financial Assistance Fund-2,013 MioStudent loans
Veterans Subversion Fund-1,382 MioUplifting veterans of the South African Border War
Namibia Broadcasting Corporation -1,055 MioState broadcaster
Namibia University of Science and Technology -996 MioTertiary education
Namibia Training Authority -899 MioVocational education
Development Bank of Namibia -350 MioDevelopment of SMEs
National Housing Enterprise -320 MioProvisioning of housing for low and middle-income families
Agribank -284 MioFinancing of agricultural projects and farm acquisitions
Namibia Airports Company -283 MioMaintenance of Namibian airports
Namibian College of Open Learning (NamCOL)-258 MioSecondary education
Namport -205 MioManagement of Namibian ports
Land Acquisition and Development Fund-245 MioImplementing land reform according to the Willing buyer, willing seller principle
National Youth Service -232 MioEmployment and training projects for the Namibian youth
Namibian Institute for Public Administration and Management (NIPAM)-162 MioTertiary education for Government
SME Bank of Namibia -161 MioFinancing Namibian SMEs
Namibia Statistics Agency -158 MioCollect, analyse, and disseminate statistics for the formulation of public policy
Namibian Standards Institution -124 MioDevelop and maintain standards for Namibia
Namibia Tourism Board -90 MioDevelopment of the tourism sector
Regional Equity and Development Fund-90 Mio
TransNamib -90 MioOperation of Namibian railways
National Emergency and Disaster Management Fund-82 MioManaging floods, droughts, and food assistance programmes
Namibia Qualifications Authority -75 MioRegistering Namibian educational qualifications and evaluating foreign degrees
Youth Credit Scheme-62 Mio
Namibia Press Agency (NAMPA)-60 Mio
New Era -57 MioState-owned newspaper
National Youth Council-56 Mio
Namibia Wildlife Resorts -52 MioOperation of the major tourist resorts in Namibia
Social Security Development Fund-51 Mio
Namibia Development Corporation-49 Mio
Financial Interagency Centre-45 Mio
Epangelo Mining -33 Mio
NamZim -24 MioRuns the SWAPO and ZANU-PF-friendly weekly Southern Times
Fisheries Observer Agency-23 Mio
Namibian Maritime and Fisheries Institute -23 MioTertiary education
Roads Authority -6 MioMaintenance of Namibian roads

Former state-owned enterprises

The following companies were state-owned, and have been dissolved: [6]

Company nameLast budget contribution (year)DescriptionDissolved in
Air Namibia -1,766 Mio (2013/2014-2015/2016)National airline2021
Roads Contractor CompanyRoad maintennanceNot finalised

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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. ↑ "Government income from SOEs 2013/2014-2015/2016". Insight Namibia. April 2013. p. 21.
  4. ↑ "Payments and transfers to SOEs 2013/2014-2015/2016". Insight Namibia. April 2013. p. 22.
  5. ↑ Ngatjiheue, Charmaine (31 May 2017). "The future of public enterprises". The Namibian ("State-Owned Enterprises" supplement ed.). p. 2.
  6. ↑ Immanuel, Shinovene; Ngatjiheue, Charmaine (26 November 2021). "Jooste available for redeployment". The Namibian . p. 1.
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