List of state-owned enterprises in Namibia


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. 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. Some of the state-owned enterprises in Namibia are:
Company nameBudget contribution 2013/2014-2015/2016DescriptionClassification
Agribank-284 MioFinancing of agricultural projects and farm acquisitionsFinancial
August 26 GroupDefenceCommercial
Bank of Namibia262 MioFinancial
Development Bank of Namibia-350 MioDevelopment of SMEsFinancial
Diamond Board of NamibiaRegulatory
Electricity Control BoardRegulatory
Epangelo Mining-33 Mio
Film Commission of NamibiaRegulatory
Financial Interagency Centre-45 Mio
National Fishing Corporation of NamibiaFishing quotasCommercial
Fisheries Observer Agency-23 MioRegulatory
Karakul Board of South West AfricaRegulatory
Land Acquisition and Development Fund-245 MioImplementing land reform
Meat Board of NamibiaRegulatory
Minerals Development Fund of NamibiaFinancial
NamDeb1,514 MioDiamond mining
Namibia Airports Company-283 MioMaintenance of Namibian airportsCommercial
Namibian Broadcasting Corporation-1,055 MioState broadcasterMedia
Namibia Diamond Trading Company294 MioDiamond trading
Namibia Development Corporation-49 Mio
Namibia Financial Institutions Supervisory Authority Regulatory
Namibian Agronomic BoardRegulatory
Namibia National Reinsurance Corporation3 MioReinsuranceFinancial
Namibian College of Open Learning -258 MioSecondary education
Namibian Communications CommissionRegulatory
Namibian Competition CommissionRegulatory
Namibian Institute for Public Administration and Management -162 MioTertiary education for Government
Namibian Maritime and Fisheries Institute-23 MioTertiary educationEducational
Namibian Ports Authority-205 MioManagement of Namibian portsCommercial
Namibian Standards Institution-124 MioDevelop and maintain standards for Namibia
Namibia Post & Telecommunications Ltd50 MioCommercial
Namibia Power CorporationPower supplyCommercial
Namibia Press Agency -60 MioMedia
Namibia Qualifications Authority-75 MioRegistering Namibian educational qualifications and evaluating foreign degrees
Namibia Statistics Agency-158 MioCollect, analyse, and disseminate statistics for the formulation of public policy
Namibia Students' Financial Assistance Fund-2,013 MioStudent loans
Namibia Tourism Board-90 MioDevelopment of the tourism sectorRegulatory
Namibia Training Authority-899 MioVocational education
Namibia Water CorporationWater supply and sanitationCommercial
Namibia Wildlife Resorts-52 MioOperation of the major tourist resorts in NamibiaCommercial
Namibia University of Science and Technology-996 MioTertiary education
NamZim-24 MioRuns the SWAPO and ZANU-PF-friendly weekly Southern TimesMedia
National Emergency and Disaster Management Fund-82 MioManaging floods, droughts, and food assistance programmes
National Housing Enterprise-320 MioProvisioning of housing for low and middle-income familiesFinancial
National Petroleum Corporation of NamibiaRegulatory
National Special Risks AssociationFinancial
National Youth Council-56 Mio
National Youth Service-232 MioEmployment and training projects for the Namibian youth
New Era-57 MioState-owned newspaperMedia
Offshore Development CompanyManagement of the Walvis Bay Export Processing ZoneCommercial
Regional Equity and Development Fund-90 Mio
Road Funds AdministrationRegulatory
Roads Authority-6 MioMaintenance of Namibian roadsRegulatory
Security Enterprises and Security Officers Regulation BoardRegulatory
SME Bank of Namibia-161 MioFinancing Namibian SMEs
Social Security Commission-51 MioWelfare
TransNamib Holdings-90 MioOperation of Namibian railwaysCommercial
University of Namibia-2,647 MioTertiary educationEducational
Veterans Subversion Fund-1,382 MioUplifting veterans of the South African Border War
Windhoek Country Club and CasinoHospitalityCommercial
Windhoeker MaschinenfabrikDefence contractor, subsidiary of August 26 GroupCommercial
Youth Credit Scheme-62 Mio

Former state-owned enterprises

The following companies were state-owned, and have been dissolved:
Company nameLast budget contribution DescriptionClassificationDissolved in
Air Namibia-1,766 Mio National airlineCommercial2021
Roads Contractor CompanyRoad maintenanceCommercialNot finalised
Namibia Bricks EnterprisesBrick manufacturingCommercial2000s
Star Protection ServicesSecurityCommercial2000s