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 | |
---|---|---|---|---|
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 |
The following companies were state-owned, and have been dissolved:[7]
Company name | Last budget contribution (year) | Description | Classification | 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 |