Friday, October 23, 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
Home Business & Economy

Streamline procurement policy to value for money – World Bank

by editor
April 23, 2024
in Business & Economy
97
A A

The World Bank’s lead procurement specialist, Knut Leopold, says the country’s public procurement strategy will provide the basis for transforming public procurement in Namibia from an administrative function with focus on compliance to a more strategic function with focus on value for money and better public service delivery

“This is very important as the strategy will provide the basis for transforming the Public Procurement Unit (PPU) in Namibia from an administrative function. On a professional level, we commend the work of PPU, but at the same time we found out that PPU needs much more financial and human resources,” he said during the validation of the Methodology for Assessing Procurement Systems (MAPS) in Namibia.

Leopold added that it is important to strengthen the mandate of public procurement institutions, as leading agency units on procurement would require more resources to operate efficiently in the future.

Currently, the PPU under the Ministry of Finance and Public Enterprises together with the World Bank and African Development Bank, are reviewing the MAPS Assessment validation draft.

The review is done to provide the country with information it can use to monitor the performance of its system and evaluate the success of the reform initiatives in improving procurement performance.

The Assessment Team has completed the report’s initial draft and plans. The team discussed with key stakeholders the key findings, gaps, recommendations and additional feedback, confirming the understanding and seeking any missing information/data. 

The new version of MAPS, published in 2018 and is being validated, is an internationally accepted system that aims to catalyse and accelerate the implementation of modern, efficient, sustainable and more inclusive public procurement systems.

It focuses on assessing value for money, fairness, transparency and good governance.

It was further established that the Public Procurement Unit in Namibia functions more administratively, such as filing paper and providing information without much oversight.

This is in addition to a lack of discipline in providing information data despite the existence of e-procurement, though it still needs to be strengthened.

The World Bank consultants also recommended that it is important to certify the availability of funds before commencing any procurement processes.

author avatar
editor
See Full Bio
Previous Post

Content strategy

Next Post

NAMFISA signs Verime, ReferredBy as FinTech sandbox first cohort

Must Read

Professional woman in a red blazer and glasses sits at a panel table during a conference, with a microphone nearby and documents in front of her.
Business & Economy

Namibia, Angola push to accelerate stalled infrastructure projects

October 19, 2026
Namibia’s race to exit the FATF grey list: Progress, pressure, and the politics of global finance
Business & Economy

Transport costs push Namibia’s inflation to 5.4%, the highest in almost three years

October 14, 2026
Standard Bank posts N$556.9m six-month profit, up 10%
Business & Economy

Namibian SMEs get continental platform to showcase innovation

October 12, 2026
Aerial view of a city with a red-brick church at a roundabout center, surrounded by roads and palm trees.
Business & Economy

Namibia’s economy grows N$5.3bn to N$70.6bn in Q2

September 24, 2026
Woman in colorful traditional attire speaks at a podium with a microphone in a conference room.
Business & Economy

Namibia backs African credit rating agency, pushes climate finance reform

September 24, 2026
White van and four white cars parked in a gravel lot under a metal canopy beside a warehouse/storage building.
Business & Economy

Works Ministry targets overhaul of ageing state fleet, properties

September 22, 2026
Load More

Related News

TransNamib  appoints new CEO

TransNamib  appoints new CEO

April 15, 2024
Namibia pushes for long-term benefits from mineral resources

Namibia pushes for long-term benefits from mineral resources

March 23, 2023
Shoprite to retain NSX listing as it lists on A2X

Shoprite to retain NSX listing as it lists on A2X

April 5, 2023

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • e-edition
  • 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
  • e-edition
  • 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.