• Business & Economy
  • Companies
  • Agriculture
  • Technology
  • Africa
Tuesday, August 19, 2025
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Property
  • E-Editions
No Result
View All Result
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Property
  • E-Editions
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
No Result
View All Result
Home News Namibia

EU allocates N$19.5 million to Namibia to combat corruption

by editor
January 20, 2025
in Namibia
3
A A

The European Union (EU) has committed N$19.5 million to Namibia’s Good Governance initiative, aimed at strengthening transparency and advancing sustainable development in the country.

The program, co-designed with the Namibian government and key stakeholders, prioritizes the implementation of the National Anti-Corruption Strategy and Action Plan (NACSAP) to curb corruption and illicit financial flows.

“With the contributions from the EU to UNDP, we will support Namibia in its continued efforts to achieve the national development goals in building a transparent and equitable society, that is resilient to corruption and deeply rooted in the principles of rule of law,” EU Ambassador to Namibia, Ana Beatriz.

“Corruption exacerbates inequalities, especially when funds meant for healthcare, education, and infrastructure are misdirected or misappropriated. Corruption also distorts competition, hinders economic growth, and erodes public trust in institutions. Therefore, addressing corruption is a global imperative, that is enshrined in the UN Sustainable Development Goals, so that resources can go to where they are most needed.”

The initiative, set to run from 2025 to 2028, aligns with the EU’s mission in Namibia to promote governance, human rights, and sustainable development.

Speaking at the launch event, UNDP Country Representative Alka Bhatia underscored the damaging effects of corruption on democracy and development.

“Corruption erodes democracy, undermines human rights, and perpetuates inequality. In 2018, Namibia recorded over 872 corruption cases with the ACC, many of which remain unresolved. This has fueled public frustration, economic hardships, and perceptions of impunity for the powerful,” Bhatia said.

She added that the initiative aligns with Namibia’s Harambee Prosperity Plan, the upcoming Sixth National Development Plan, Vision 2030, and the United Nations Sustainable Development Cooperation Framework.

The program incorporates various measures to promote transparency, accountability, and integrity across sectors.

These include enhancing access to government information to improve transparency, strengthening financial management systems to protect public resources, and revising anti-corruption legislation to align with international standards.

The initiative will also empower Namibia’s Anti-Corruption Commission (ACC), enabling it to play a stronger role as the NACSAP secretariat.

Additional efforts include providing grants to civil society organizations engaged in anti-corruption efforts, revising mechanisms for allocating fishing quotas to ensure fairness, and aligning legislation with international standards in the extractive industries.

Efforts will also focus on fostering stakeholder dialogue, promoting collective action, and investing in capacity-building programs for institutions and individuals.

Bhatia noted that these measures are critical to restoring public trust and ensuring resources are directed where they are most needed.

World Economic Forum data, estimates the economic impact of corruption at over US$ 3.6 trillion annually, representing about 5% of global GDP.

author avatar
editor
See Full Bio
Tags: corruptionEuropean UnionUNDP
Share66Tweet42Share12
Previous Post

WFP supports over 24,000 Namibians in December 

Next Post

Windhoek building plans surge by 48.6% to N$2.22 billion in 2024 

MUST READ

Namibia urged to fast-track reforms to secure place as Africa’s next energy frontier
Namibia

Namibia urged to fast-track reforms to secure place as Africa’s next energy frontier

August 15, 2025
Namibia’s oil and gas reserves could generate N$7.7bn annually
Namibia

Namibia’s oil and gas reserves could generate N$7.7bn annually

August 13, 2025
Standard Bank posts N$556.9m six-month profit, up 10%
Namibia

Standard Bank posts N$556.9m six-month profit, up 10%

August 13, 2025
NamRA sees drop in illegal vehicle imports following moratorium
Namibia

NamRA plans digital system to track SME earnings and enforce compliance

August 13, 2025
Namibia targets state lottery launch within two years
Namibia

Namibia targets state lottery launch within two years

August 7, 2025
Real estate and manufacturing sectors drive surge in corporate credit to N$50.88bn
Namibia

Real estate and manufacturing sectors drive surge in corporate credit to N$50.88bn

August 4, 2025
Next Post
Windhoek building plans surge by 48.6% to N$2.22 billion in 2024 

Windhoek building plans surge by 48.6% to N$2.22 billion in 2024 

Related News

BoN expected to cut repo rate by 25bps

BoN expected to cut repo rate by 25bps

August 12, 2025
NAMFISA, World Bank engage over Agri-Index plans

NAMFISA, World Bank engage over Agri-Index plans

June 10, 2022
Collaboration key to developing of oil and gas, and energy industry

Collaboration key to developing of oil and gas, and energy industry

April 25, 2024

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

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

  • Home
  • Companies
  • Business & Economy
  • Mining & Energy
  • Opinions
  • Property
  • E-Editions

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
    • Finance
    • Agriculture
    • Technology
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Property
  • E-Editions