Public Enterprises: Extra Budgetary Funds Public Enterprises: Extra Budgetary Funds

Financial Institutions and Extra-Budgetary Funds resort under Ministry of Finance

No.

Public Enterprises(PEs)

Mandate

Establishment Acts

Website Links

1 Agricultural Bank of Namibia

The Agricultural Bank of Namibia is a state-owned financial institution with the mandate to advance money to persons or financial intermediary for the development of agriculture and activities related to agriculture.

Accreditation Board of Namibia Act 8 of 200

www.agribank.com.na

2

Development Bank of Namibia

The Development Bank of Namibia provides finance for viable enterprises and sustainable initiative that contribute measurable (immeasurably) to the development of Namibia..

Communications Act 2009 (Act 8 of 2009).

www.dbn.com.na

3

Environmental Investment Fund of Namibia

Overall aim of continuing this great legacy by supporting individuals, projects and communities that ensure the sustainable use of natural resources.

Environmental Investment Fund  of Act 13 of 2001

www.eifnamibia.com

4

Game Products Trust Fund

An Act to provide for the establishment of the Game Products Trust Fund in support of the conservation and management of wildlife resources, and of rural development, in Namibia; to provide for the management and control of that Fund by the Game Products Trust Fund Board; and to provide for incidental matters.

Game Products Trust Fund Act (No. 7 of 1997). www.gptf.org.na
5

Mineral Development Fund

To provide for the establishment and control of the Minerals Development Fund of Namibia and for matters connected therewith.

Minerals Development Fund of Namibia Act, 1996 (Act 19 of 1996)

www.mme.gov.na

6

Motor Vehicle Accident Fund

To provide for the establishment, administration and management of the Motor Vehicle Accident Fund as an administrative body to provide assistance and benefits to persons injured in motor vehicle accidents and to dependents of persons killed in such accidents; and to provide for incidental matters.

Motor Vehicle Accident Fund Act 10 of 2007

www.mvafund.com.na

7

Namibia Special Risk Insurance Association

To provide for the establishment of the Namibia Special Risks Insurance Association as a public company, with a share capital; to determine the insurance business it may underwrite; and to provide for incidental matters.

Namibia Special Risks Insurance Association  Act 5 of 2017

www.nasria.com.na

8

Trust Fund for Regional Development & Equity Provissions

To establish a Trust Fund for Regional Development and Equity Provisions and a Board of Trustees to manage the affairs of the Fund; to constitute the Board and define the powers, duties and functions thereof; and to provide for incidental matters.

Trust Fund for Regional Development and Equity Provisions Act 22 of 2000)

www.ntfrdep.com.na

9

Namibia National Reinsurance Corporation Limited(NamibRe)

The mandate of NamibRe is to provide reinsurance services and to minimize the placement of insurance and reinsurance business outside the borders of Namibia

Namibre Act (Act 22 of 1998).

www.namibre.com

10

Road Fund Administration(RFA)

The core functions of the RFA are the management of the road user charging system and management of the Road Fund.

1st April 2000 by the Road Fund Administration Act (Act 18 of 1999),

www.wvf.com.na

11

War Veteran Fund

To define the responsibilities of the Minister in relation to veterans affairs; to provide for the establishment of a Veterans Fund for the provision of assistance to veterans and dependants of veterans; to provide for the registration of veterans and dependants of living or deceased veterans; to provide for the establishment of projects for the benefit of and assistance to veterans and dependants of veterans; to provide for the integration of pension benefits of veterans; to provide for the constitution and functions of the Veterans Board and Veterans Appeal Board

Veterans Act 2 of 2008

ww.dbn.com.na