Windhoek's capital budget nosedives
Windhoek's capital budget nosedives

Windhoek's capital budget nosedives

After months of delays, the City of Windhoek's capital expenditure budget has finally been approved.
Jana-Mari Smith
The City of Windhoek's budget for capital projects in the current financial year has shrunk by 88%.

Only N$83 million was approved, compared to the 2017/18 financial year's capital expenditure budget of N$716 million.

The City has to date spent N$22 million on capital projects for the current financial year, of which the biggest expense was N$8.4 million for electrification of informal settlements.

The City has said that plot servicing, including in informal settlements, is being undertaken through public-private partnerships and as such active projects are not affected by the budget cut.

“However, the planning of new developments is and will be affected,” City spokesperson Harold Akwenye told Namibian Sun recently.

He added that informal settlement electrification was “partly affected and therefore was progressing at a slower speed than desired” due to the delay in approving the budget.

He confirmed that the City's capital expenditure budget was finally approved on 12 December by rural and urban development minister Peya Mushelenga.

The N$716 million approved for the 2017/18 financial year had been approved by the city council, but a new cabinet directive required the City to be given final budget approval by the minister.



Six months

The budget was approved after months of back and forth between the ministry and City officials, Akwenye said.

He added that there was no official reason from the ministry for the long delay in approving the budget, but that many discussions “had to take place for the minister to satisfy himself that the City of Windhoek, and to a certain extent the government, is not exposed to unsustainable financial risk.”

Questions about the delay and the approved budget were sent to the ministry more than a week ago, but remained unanswered by yesterday.

Two weeks ago, three opposition city councillors - Brunhilde Cornelius, Ignatius Semba and Josef Kauandenge - said the long delay in approving the capital budget was crippling the City's ability to deliver services to its residents.

The previous capital expenditure budget, approved by the city council, amounted to N$716 million and included projects related to township planning, infrastructure, water and technical services, information and communication technology, housing, property management and human settlement, the City Police, and electricity.

Namibian Sun was unable to verify the exact details of the revised budget proposal the City had submitted to the ministry last year.

A reliable source, who preferred to remain anonymous, told Namibian Sun that because of the delay and the budget cut “certain projects could not get off the ground because the money was not approved”.

The source alleged that the affected projects included road expansion projects in Katutura.

“Most of the major projects are impacted,” he claimed.

JANA-MARI SMITH

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Namibian Sun 2024-04-29

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 334.89/OZ DOWN -0.0014 | Copper US$ 4.59/lb UP +1.02% | Zinc US$ 2 939.60/T UP 2.71% | Brent Crude Oil US$ 87.91/BBP DOWN -0.0118 | Platinum US$ 945.28/OZ UP +3.48% Sport results: Premier League: Nottingham Forest 0 vs 2 Manchester City | Bournemouth 3 vs 0 Brighton | Tottenham Hotspur 2 vs 3 Arsenal | Aston Villa 2 vs 2 Chelsea | Everton 1 vs 0 Brentford | Wolves 2 vs 1 Luton Town | Fulham 1 vs 1 Crystal Palace | Manchester United 1 vs 1 Burnley | Newcastle 5 vs 1 Sheffield United | West Ham 2 vs 2 Liverpool LaLiga: Real Betis 1 vs 1 Sevilla | Villarreal 3 vs 0 Rayo Vallecano | Granada 3 vs 0 Osasuna | Cadiz 1 vs 1 Mallorca | Atletico Madrid 3 vs 1 Athletic Club | Deportivo Alaves 3 vs 0 Celta Vigo | Almería 1 vs 3 Getafe | Las Palmas 0 vs 2 Girona | Real Sociedad 0 vs 1 Real Madrid SerieA: Fiorentina 5 vs 1 Sassuolo | Napoli 2 vs 2 AS Roma | Atalanta 2 vs 0 Empoli | Bologna 1 vs 1 Udinese | Inter Milan 2 vs 0 Torino | SS Lazio 1 vs 0 Hellas Verona | Juventus 0 vs 0 AC Milan | Lecce 1 vs 1 Monza | Frosinone 3 vs 0 Salernitana European Championships Qualifying: Hull City 3 vs 3 Ipswich Town | Millwall FC 1 vs 0 Plymouth Argyle | Blackburn Rovers 0 vs 0 Coventry City | Watford 1 vs 0 Sunderland | Bristol City 2 vs 0 Rotherham United | Huddersfield Town 1 vs 1 Birmingham City | Sheffield Wednesday 3 vs 0 West Bromwich Albion | Norwich City 2 vs 2 Swansea City | Cardiff City 1 vs 4 Middlesbrough | Southampton 0 vs 1 Stoke City | Queens Park Rangers 4 vs 0 Leeds United English Championship: Hull City 3 vs 3 Ipswich Town | Millwall FC 1 vs 0 Plymouth Argyle | Blackburn Rovers 0 vs 0 Coventry City | Watford 1 vs 0 Sunderland | Bristol City 2 vs 0 Rotherham United | Huddersfield Town 1 vs 1 Birmingham City | Sheffield Wednesday 3 vs 0 West Bromwich Albion | Norwich City 2 vs 2 Swansea City | Cardiff City 1 vs 4 Middlesbrough | Southampton 0 vs 1 Stoke City | Queens Park Rangers 4 vs 0 Leeds United Weather: Katima Mulilo: 14° | 31° Rundu: 14° | 31° Eenhana: 15° | 33° Oshakati: 17° | 33° Ruacana: 15° | 33° Tsumeb: 16° | 30° Otjiwarongo: 14° | 29° Omaruru: 17° | 31° Windhoek: 14° | 28° Gobabis: 16° | 29° Henties Bay: 17° | 24° Wind speed: 21km/h, Wind direction: W, Low tide: 12:27, High tide: 06:24, Low Tide: 01:00, High tide: 19:07 Swakopmund: 15° | 18° Wind speed: 13km/h, Wind direction: W, Low tide: 12:25, High tide: 06:22, Low Tide: 00:58, High tide: 19:05 Walvis Bay: 17° | 27° Wind speed: 22km/h, Wind direction: W, Low tide: 12:25, High tide: 06:21, Low Tide: 00:58, High tide: 19:04 Rehoboth: 18° | 29° Mariental: 21° | 32° Keetmanshoop: 23° | 33° Aranos: 20° | 31° Lüderitz: 18° | 28° Ariamsvlei: 22° | 34° Oranjemund: 17° | 26° Luanda: 25° | 30° Gaborone: 15° | 31° Lubumbashi: 11° | 25° Mbabane: 13° | 29° Maseru: 10° | 25° Antananarivo: 15° | 22° Lilongwe: 13° | 27° Maputo: 16° | 29° Windhoek: 14° | 28° Cape Town: 15° | 20° Durban: 19° | 32° Johannesburg: 16° | 25° Dar es Salaam: 24° | 31° Lusaka: 14° | 27° Harare: 11° | 26° Economic Indicators: Currency: GBP to NAD 23.36 | EUR to NAD 19.98 | CNY to NAD 2.58 | USD to NAD 18.65 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.32 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.7 | ZWL to NAD 0.04 | BRL to NAD 3.67 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 133.99 | USD to AOA 834.06 | USD to BWP 13.71 | USD to EGP 47.8 | USD to KES 134.48 | USD to NGN 1355 | USD to ZAR 18.65 | USD to ZMW 26.5 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 75370.99 Up +1.40% | Namibian Stock Exchange (NSX) Overall Index 1673.12 Up +1.85% | Casablanca Stock Exchange (CSE) MASI 13354.97 Up +0.06% | Egyptian Exchange (EGX) 30 Index 26011.28 Up +5.57% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 334.89/OZ DOWN -0.0014 | Copper US$ 4.59/lb UP +1.02% | Zinc US$ 2 939.60/T UP 2.71% | Brent Crude Oil US$ 87.91/BBP DOWN -0.0118 | Platinum US$ 945.28/OZ UP +3.48%