Pillar 2: Economic Advancement

Goal 1

Activity 2: Support Public Enterprises Reform

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.

Work Breakdown Structure

Activity Progress

Listing of MTC on the Namibian Stock Exchange.

Sub Activity Description:

List MTC on the Namibian Stock Exchange in the fourth quarter of the 2021/22 financial year.
Start Date: 2021-04-01
End Date: 2021-11-30
Days
Status: Ongoing
Resource: Ministry of Public Enterprises, MTC
Responsible Entity: Ministry of Pubic Enterprises
Cost: 51,365, 000
Risk: Covid-19 Associated Risk, Schedule Risk

Activity Progress

Development of Policy and Attendant Strategy.

Sub Activity Description:

Develop a policy and attendant strategy to optimise the management of public enterprises and return on capital during the second quarter of the 2021/22 financial year.
Start Date: 2021-04-01
End Date: 2021-12-17
Duration: 18
Weeks
Status: Ongoing
Resource: Ministry of Public Enterprises
Responsible Entity: Ministry of Public Enterprises
Cost: 750000
Risk: Schedule Risk

Related Projects

Development of a Policy and Attendant Strategy to Optimize the Management of Public Enterprises and Return on Capital
Region: Countrywide
Sector: Economic
Project Progress
0%

Pillar 2: Economic Advancement

List MTC on the Namibian Stock Exchange
Region: Countrywide
Sector: Finance
Project Progress
0%

Pillar 2: Economic Advancement