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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 ...
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. For the state-owned companies, a holding company is to be created, a process estimated to take 5 years. [2]
List of state-owned enterprises in Namibia; A. Air Namibia; B. Bank of Namibia; M. Ministry of Public Enterprises (Namibia) N. NamWater
It shares land borders with Zambia and Angola to the north, Botswana to the east and South Africa to the south and east. Although it does not border Zimbabwe, a part of less than 200 metres of the Zambezi River (essentially a small bulge in Botswana to achieve a Botswana/Zambia micro-border) separates the two countries. Namibia gained ...
Namibia–South Africa relations refers to the current and historical relationship between Namibia and South Africa.South Africa (then part of the British Empire as the Union of South Africa) captured the area now known as Namibia from Germany during World War I and governed it, by the name 'South West Africa', until 1990, when the country gained independence under the name 'Namibia'.
Corruption in Namibia spans from the pre-colonial era to the present day. [1] [2] [3] After independence in 1990, corruption and fraud issues continued, with cases involving misappropriation of state funds as well as resources, bribery and corruption in government tenders and contracts, and embezzlement of funds meant for social programs and development projects.
In the late 1980s, the government began to reform the state-owned enterprise, and during the 1990s and 2000s, many mid-sized and small sized state-owned enterprises were privatized and went public. There are a number of different corporate forms which result in a mixture of public and private capital.
The Namibian state runs and owns a number of companies such as Transnamib and NamPost, most of which need frequent financial assistance to stay afloat. [5] [6]There is a number of agencies and authorities established by acts of Parliament that can be considered government organisations: