Mobile Telecommunications Limited (MTC) has been named Namibia’s best-governed public enterprise in the inaugural IJG Annual Public Enterprise Governance Ranking 2026 after outperforming other commercial state-owned enterprises on governance, profitability and financial performance over the past five years.
The ranking assessed commercial public enterprises over the 2021 to 2025 period using indicators including transparency, profitability, contributions to the fiscus and executive leadership stability.
The recognition comes five years after MTC became the first Namibian public enterprise to list on the Namibia Securities Exchange through its Initial Public Offering (IPO), a move that opened the company to public ownership and increased governance and disclosure requirements.
Since listing, the telecommunications operator has continued to report consistent profits, deliver shareholder returns and make significant contributions to government revenue while expanding its role in Namibia’s digital economy.
MTC Chief Brand, Marketing, Communications and Sustainability Officer Tim Ekandjo said the ranking reflects the governance culture the company has built over the years.
“Firstly, our appreciation goes to our Board for their governance leadership. As MTC, being recognised for sound governance speaks to the culture we have built, upheld and continue to value, one anchored on integrity, accountability, innovation and performance. Governance is not merely a compliance exercise for MTC; it is embedded in how we lead, how we make decisions and how we create sustainable value for our shareholders and the nation. This recognition inspires us to continue raising the bar as we drive Namibia’s digital future,” Ekandjo said.
He said the recognition also reflects the confidence placed in the company by its shareholders, customers and the Namibian public.
The IJG ranking measured the governance performance of commercial public enterprises across four key pillars: transparency, profitability, contributions to the fiscus and executive leadership stability.
MTC said the top ranking reinforces its position as a benchmark for corporate governance among Namibia’s public enterprises and demonstrates that long-term commercial success is underpinned by transparency, sound leadership and accountability.
