Saturday, August 1, 2026
SUBSCRIBE
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
DSTV WC26 Campaign
Home Business & Economy

Public entities spend N$18.9bn on goods and services

by editor
April 6, 2022
in Business & Economy
5
A A

The Central Procurement Board of Namibia (CPBN) says it has procured goods and services worth N$18.96 billion since its inception in 2017 on behalf of public entities.

Information glimpsed by The Brief shows that goods and services valued at N$6.8 billion were acquired through direct procurement, and N$4.7 billion through competitive bidding while N$7.4 billion was spent on transitional procurement matters.

The latest development comes at a time Finance minister Ipumbu Shiimi appointed Amon Ngavetene as the Acting Chairperson of the CPBN with effect from 1st April 2022.

The appointment of Ngavetene follows the departure of Patrick Swartz, the founding Chairperson and Administrative Head of CPBN and Lischen Ramakhutla, founding Deputy Chairperson and Deputy Administrative Head of CPBN, whose terms ended on 31st March 2022.

Swartz and Ramakhutla were appointed by the then Finance minister, Carl Schletwein, on 01 April 2017 for a period of five years.

“Ngavetene will also head the operations of CPBN as Acting Head Administrator during his time of appointment. He was appointed as a CPBN board member by the same Minister on 1 March 2021 for a period of three years,” CPBN Spokesperson Johanna Kambala said.

Finance Minister Shiimi recently indicated his desire to split the roles of the Chairperson and Chief Executive Officer at CPBN.

The current CPBN structure, which provides for a Chairperson and Deputy Chairperson who are full-time employees of the CPBN, with dual roles as Administrative Head and Deputy Administrative, has been criticised for being outdated and not in sync with modern corporate governance best practices.

The revised structure will result in the appointment of a new CEO.

The Central Procurement Board came into existence in 2017, through the Public Procurement Act of 2015.

author avatar
editor
See Full Bio
Previous Post

Namibia’s trade jumps 50% in Feb

Next Post

Moody’s downgrades Namibia’s rating, but what does it really mean?

Must Read

42 youth ventures worth N$14.7m secure funding from N$500m fund
Business & Economy

42 youth ventures worth N$14.7m secure funding from N$500m fund

September 29, 2025
!Gawaxab earns PhD in Economics from UCT
Business & Economy

!Gawaxab earns PhD in Economics from UCT

September 10, 2025
DBN youth SME funding sees only N$1.25m disbursed amid low uptake
Business & Economy

DBN youth SME funding sees only N$1.25m disbursed amid low uptake

July 23, 2025
Namibia targets to formalise 950 informal businesses by 2030
Business & Economy

Namibia targets to formalise 950 informal businesses by 2030

July 22, 2025
AfDB flags fiscal risks, urges deeper reforms in Namibia
Business & Economy

AfDB flags fiscal risks, urges deeper reforms in Namibia

July 18, 2025
Women now lead over 70% of Namibian SMEs
Business & Economy

Women now lead over 70% of Namibian SMEs

July 8, 2025
Load More

Related News

Govt to install 75 idle boreholes and build 14 earth dams

Govt to install 75 idle boreholes and build 14 earth dams

November 14, 2025
Namibia posts N$856m trade surplus, led by China, Botswana and Zambia

US trade deficit with Namibia hits N$1.6bn

September 1, 2025
Namibians owe NamRA N$73 billion

Namibians owe NamRA N$73 billion

July 20, 2023

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • Namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.