The Namibian government will proceed with plans to cap housing and rental prices, with newly appointed Minister of Industrialisation, Mines and Energy, Modestus Amutse, confirming that finalising and tabling the long-awaited Rent Control Bill is among his immediate priorities.
Amutse said housing costs have reached unsustainable levels, leaving many citizens unable to secure affordable accommodation.
He stated, “Namibians are crying about high housing costs. We must work towards a bill that puts a cap on prices so that ordinary people can afford decent housing. This must be done in collaboration with the Ministry of Urban and Rural Development.”
The proposed legislation aims to place ceilings on rental and housing prices to protect low- and middle-income households from escalating market pressures. The initiative is being pursued jointly with the Ministry of Urban and Rural Development.
The Rent Control Bill was first introduced for stakeholder consultation in April 2017 and remains in refinement. The draft legislation intends to establish a rental control board with the mandate to regulate rental pricing nationally.
Amutse said government cannot ignore the persistent affordability crisis, noting that rising rental charges continue to lock people out of adequate housing.
According to the FNB rent price index, the average rent on a 12-month rolling basis stood at N$7 611 in the first quarter of 2025.
