30
Oct
PAUL T. SHIPALE (with inputs by Folito Nghitongovali Diawara Gaspar) When finance minister Ericah Shafudah stood before Parliament on 21 October 2025, her address carried a tone of sober realism. Namibia’s mid-year budget review revealed uncomfortable truths: economic growth is slowing, revenue performance has softened, and public debt continues its upward trajectory. Yet, instead of yielding to populist pressures or political expediency, Shafudah chose a path defined by discipline, recalibration, and credibility. The mid-year review presented an unchanged expenditure envelope of N$ 89.4 billion, signalling fiscal restraint amid deteriorating conditions. Growth projections for 2025 were revised downward from 4.5% to…
