According to Schedule 1 of the Public Enterprises Governance Amendment Act, by 2018, Namibia had 81 public enterprises. To engender the requisite growthfriendly fiscal adjustments, there is a need to optimize the management of public enterprises. The Ministry of Public Enterprises will implement a strategy aimed at optimizing the governance of these entities and their returns on capital. Given Government’s limited fiscal space, the strategy will also include specific emphasis on leveraging their potential to attract foreign investment and skills into the country. The listing of MTC in the fourth quarter of the 2021/22 financial year is a case in point. Government will aim to raise at least N$3 billion from the MTC listing. The policy and attendant strategy are expected to be completed during the second quarter of the 2021/22 financial year.