Minister in the Office of the Presidency, Christine //Hoebes, says Namibia is making strides toward economic recovery through innovative initiatives like the Green Hydrogen Programme and increased cross-border trade.
According to //Hoebes, Namibia’s Green Hydrogen Programme has positioned the country as a leader in Africa’s green energy sector, attracting international partnerships and investments.
Additionally, strengthened bilateral relations with Botswana have boosted cross-border trade, with 24-hour operations at key border posts improving regional trade efficiency and reducing congestion.
“Several international missions were undertaken to enhance Namibia’s role in achieving regional, continental, and global aspirations while strengthening diplomatic relations. These efforts resulted in forging excellent partnerships, paving the way for implementing various projects, including Namibia’s green hydrogen initiatives and the commercialisation of newly discovered hydrocarbon resources, all aimed at benefiting Namibian citizens,†she said.
These efforts are part of a broader strategy under the Harambee Prosperity Plan (HPP) to fast-track development and foster sustainable growth.
//Hoebes further explained that in addition to these initiatives, Namibia has made progress in reviewing its investment promotion laws and implementing business rescue measures, including COVID-19 relief schemes, to create a more investor-friendly environment.
“The execution of various business rescue recommendations from the Business Rescue Task Force, established by the late president, is underway,†she said.
“Some recommendations have already been implemented, including the enactment of the Banking Institution Act, the review of the SME COVID Relief Credit Guarantee, and the Development Bank of Namibia’s COVID Relief Loan Scheme. Additionally, nationwide consultations on the Namibia Investment Promotion and Facilitation Act have been concluded, and the act is now under review by the Cabinet Committee on Legislation.â€
She also said that notable accomplishments include the formulation of State of the Nation Addresses and the facilitation of high-level meetings to shape Namibia’s development agenda.
The presidency also advanced participatory democracy by engaging traditional leaders and political parties to discuss national interests.
Furthermore, Namibia achieved recognition as the African country with the freest press, underscoring its commitment to transparency.
“The Presidency organised and conducted various meetings with traditional leaders nationwide. Despite challenges during the period under review, including the passing of President Dr Hage Geingob and limited financial resources, the government made significant strides in strengthening governance architecture and maintaining a policy and legislative environment that supports participatory democracy,†she said.
