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The Namibian Ministry of Finance (MOF) was established at Namibian independence in 1990. The first Namibian minister of finance was German Namibian Otto Herrigel . [ 1 ] The current [update] finance minister is Iipumbu Shiimi , a former governor of the Bank of Namibia .
It was established in 2015 and existed in this form until 2022. The only minister in this ministry was Leon Jooste. The ministry was set up to manage 18 profit-driven state-owned enterprises in Namibia. [1] In 2021, the ministry began its transformation into a department, in Namibia the sub-ministerial entity, of the Ministry of Finance.
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
Government procurement regulations normally cover all public works, services and supply contracts entered into by a public authority.However, there may be exceptions. These most notably cover military acquisitions, which account for large parts of government expenditure, and low value procurement
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. [1] The Namibian government is partly centralised and partly regional.
A principal role of the department is assisting the government in the development of its annual budget. [ 3 ] The department is responsible to Parliament through the minister of finance ( Dominic LeBlanc since December 2024) [ 4 ] and the associate minister of finance ( Randy Boissonnault since October 2021, concurrently serving as the minister ...
“Hot Ones” is going solo. BuzzFeed announced a deal to sell First We Feast, the studio behind the popular YouTube chicken-wing-eating celebrity talk show “Hot Ones,” for $82.5 million in ...
in some countries the finance minister might be assisted by one or more other ministers (some supported by a separate government department) with respect to fiscal policy or budget formation; in many countries there is a separate portfolio for general economic policy in the form of a ministry of "economic affairs" or "national economy" or ...