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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 ...
Pages in category "Government-owned companies of Namibia" The following 5 pages are in this category, out of 5 total. This list may not reflect recent changes .
Namibia gained independence from South Africa on 21 March 1990, following the Namibian War of Independence. Its capital and largest city is Windhoek, and it is a member state of the United Nations (UN), the Southern African Development Community (SADC), the African Union (AU), and the Commonwealth of Nations.
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]
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:
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.
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State-owned enterprises play a significant role in the South African economy. In key sectors such as electricity, transport (air, rail, freight, and pipelines), and telecommunications, SOEs play a lead role, often defined by law, although limited competition is allowed in some sectors (i.e., telecommunications and air).