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 Companies

CRAN generates N$91.4m revenue in 2023

by editor
March 19, 2024
in Companies
245
A A

The Communications Regulatory Authority of Namibia’s (CRAN) revenue surged by 152% to N$91.4 million for the fiscal year 2023, an increase from N$36.3 million recorded in the previous year.

The revenue generated by CRAN stems from various sources, including telecommunications and broadcasting licences, regulatory levies, spectrum fees (radio frequency licences), numbering fees (utilisation of numbering plan), and type approval fees (utilisation of equipment).

“Revenue increased significantly by 152%, reaching N$91.4 million, driven by regulatory levies, spectrum fees, numbering plans, and type approval fees. Operating expenses decreased by 34% to N$92.4 million due to improvements in the expected credit loss allowance on trade debtors,” CRAN’s Board Chairperson Tulimevava Mufeti said. 

Notably, the Authority has issued various licences, including 1 Individual Telecommunications Service Licence, 40 Class Comprehensive (ECS & ECNS) Telecommunications Service Licences, and others catering to different sectors and services within the telecommunications industry.

Mufeti said CRAN generated positive cash flows from operating activities, amounting to N$71.8 million during the period under review reflecting settlements with licensees who initially challenged the original levy regulations in court.

Moreover, she said CRAN has played a pivotal role in facilitating the introduction of emerging telecommunications technologies by releasing spectrum for endeavours such as 5G, IoT, WiFi6E, and WiGiG, among others.

“CRAN has actively encouraged the deployment of new technologies and services, particularly in underserved areas, to bridge the digital divide and ensure universal access to communication services,” she said. 

However, challenges persist, including labour disputes, litigation, and limitations in enforcement capacity and accessibility.

Moreover, concerns over high data and voice prices underscore the ongoing need for regulatory intervention and market oversight to ensure affordability and accessibility.

“Among these challenges include pending enablement of the Electronics Transactions Act, continuous litigation by licensees, slow procurement process which affects completion targets of our strategic initiatives, delay in the amendment of the Communications Act No. 8 of 2009 not allowing for the full regulation of the Postal sector, and a lack of gazetted Postal QoS standards to measure the operator’s performance,” Mufeti stated.

Mufeti further explained that the organisation intends to prioritise the implementation of two key governance initiatives in the upcoming year.

She said CRAN intends to finalise the development of its IT Governance Framework which is designed to establish principles, accountabilities, strategies, policies, and procedures in line with ISO 38500 and ISO 27000 standards for IT governance and security.

CRAN also plans to complete the development of its Business Continuity Plans which will encompass risk and threat identification, response structures and plans for incidents and crises, continuous improvement, adaptability to changing environments, and delivering measurable value through defined key performance indicators.

author avatar
editor
See Full Bio
Previous Post

Growing potatoes: What you need to know

Next Post

Govt plans N$6.2bn construction sector injection in FY2024/25

Must Read

Three vertical banners outside a modern white building; left banner is dark with a logo, center banner has green vertical text, right banner reads 'EOS CAPITAL' with a QR code.
Agriculture

Eos Capital partially exits Kadila Poultry investment with 19% return

October 22, 2026
Potential FMD outbreak could cost Namibia up to N$6bn in export losses
Agriculture

Govt mobilises N$369m to contain foot-and-mouth disease outbreak

October 22, 2026
Woman standing with papers at a formal meeting, speaking to colleagues seated around a conference desk.
Finance

Govt seeks N$700m budget increase

October 22, 2026
NamRA collects N$70 billion in gross revenue by December 2025
Finance

NamRA collects N$42.4bn in six months, reaching 51.4% of annual target

October 22, 2026
Outdoor pool deck by a river with lounge chairs, tables, and red umbrellas; trees and water in the background.
Tourism

Govt moves to revive Zambezi Waterfront after N$200m spent on stalled project

October 21, 2026
Professional headshot: bald man in a gray suit and lime green tie, smiling slightly.
Technology

Govt calls for human oversight as AI enters justice systems

October 21, 2026
Load More

Related News

Livestock marketing drops 53.8% year-on-year in May

Namibia confirms FMD outbreak in disease-free zone

September 23, 2026
South Africa is testing a new type of digital currency

South Africa is testing a new type of digital currency

March 22, 2022
The basics of plant poisoning

The basics of plant poisoning

August 17, 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.