Namibia: Budget will test Namibia’s ability to break free from commodity dependence – analyst – Business

Namibia’s latest budget is seen as a key test of its ability to reduce commodity dependence, stabilise revenue, and navigate economic uncertainties, an analyst says.

The head of investments at Simonis Storm Securities, Max Rix, says on the surface, the 2025/26 fiscal framework promises moderate progress on deficit reduction and debt stabilisation, while continuing to invest in social protection and infrastructure.

“But a closer look, reading between the lines, raises important…