News

IPC questions PAMA’s establishment  

todayOctober 14, 2026 4

Background
share close

By: Josia Shigwedha  

The Independent Patriots for Change says the establishment of the Public Assets Management Agency of Namibia, PAMA, will duplicate existing government functions and increase personnel costs.  

IPC Shadow Minister Nelson Kalangula was responding to Cabinet’s recent approval to establish the agency, whose mandate is to strengthen management of the country’s N$47.4 billion commercial public assets.  

Kalangula told NewsOnOne the parastatal’s creation will further add to the government’s financial burden. 

In October 2025, line minister Veikko Nekundi told the National Assembly that government had 9 640 immovable assets.   

He said government is working on establishing an asset register and improve its oversight of state-owned property.  

“We see it as a duplication of functions because there are already people that cost taxpayers money in terms of personnel expenditure in respect of salary that they are paid for to manage the state assets.

But here we are again creating another entity that would possibly require a CEO and executives that will get exorbitant salaries. Now, there’s a danger in that because we already have fixed assets under local authorities. We have fixed assets under various ministries that belong to the state.

Now, how will they incorporate that in Parma?,” questioned Kalangula.

Kalangula said government should capacitate the existing departments responsible for immovable assets to ensure efficient property management.  

“I mean, if we commercialize everything, what will it be? And what will we talk about institutions that or properties that belong to the state, such as schools and such as hospitals? We can’t commercialize those. And as it stands, we don’t know the mandate of Parma.

They haven’t made it clear. But I think they need to make it clear in that regard to make sure what is the act and mandate behind that and what will be driving it. Is it not a duplication of function?  Those are the things that we need to find out,” said Kalangula.

By the time of going to air, NewsOnOne was still waiting for both Nekundi, and PAMA to comment. 

The post IPC questions PAMA’s establishment   appeared first on Future Media News.

Written by: Madeline

Rate it

Similar posts

News

Windhoek house prices climb, average N$1.94m

Windhoek’s average house price surged 17% year-on-year to N$1.85 million in the third quarter of 2026, driven by land shortages and rising construction costs. According to the latest FNB House Price Index, property prices in the capital reached N$1,85 million, up from N$1,58 million in the third quarter of 2025, […]

todayNovember 4, 2026

News

Diesel is coming for your pocket

An analysis by financial firm Simonis Storm highlights why the latest fuel price hike, which sees diesel spiking by N$3 a litre, poses a major threat to the broader economy. While motorists feel the pinch directly, diesel makes up about 70% of the total petrol and diesel consumed in Namibia, […]

todayNovember 4, 2026 1


Contact Us

Radiowave Logo Footer
Radiowave-phone-icon
Office: 083 000 1000
Radiowave-phone-icon
Studio: 083 00 00 967
Telegram: 083 00 00 967
WhatsApp: 083 00 00 967
Radiowave-marker-icon
Location: Unit 42 & 44, Hyper Motor City, Maxwell Street, Windhoek, Namibia