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Namibia: Landless People’s Movement demands an end to bailouts for state-owned enterprises – News

Namibia: Landless People’s Movement demands an end to bailouts for state-owned enterprises – News

Africa Links 24 with Martin Endjala
Published on 2026-04-23 20:01:00

The Landless People’s Movement (LPM) is calling for state-owned enterprises (SOEs) to become financially independent and end their reliance on government bailouts.

The party says since 1999, most SOEs have depended heavily on public funds, with only a few demonstrating strong performance – such as the Namibia Ports Authority, while the majority continue to underperform.

LPM leader Bernadus Swartbooi made the remarks during a press conference on Thursday, in which he questioned why…

Read the Full article on The Namibian

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