Namibia: State-owned enterprises are not meant to make a profit – prime minister  – Election 2024

Prime minister Saara Kuugongelwa-Amadhila says state-owned enterprises (SOEs) are not there to make a profit but to implement targeted government interventions.

Kuugongelwa-Amadhila spoke to all executive directors of offices, ministries and agencies during their first their engagement of the year in Windhoek on Friday.

“The government did not set up public enterprises to make a profit from them,” she said. The prime minister said SOEs were set up to implement strategic…