Justicia Shipena
The National Housing Enterprise (NHE) aims to deliver 20 000 houses over the next five years.
This is part of its new integrated strategic business plan (ISBP) for 2024/25 to 2028/29, launched in Windhoek on Wednesday.
NHE chief executive officer Gisbertus Mukulu said the five-year plan comes as the enterprise realigns itself with national priorities.
“The success of this plan will require aligned efforts from leadership, management, and staff and collaboration from all our stakeholders,” said Mukulu.
He said the ISBP serves as a roadmap built through reflection and collaboration, adding that strategy alone is not enough without action.
The minister of urban and rural development, James Sankwasa, who officiated the launch, called on local authorities to work closely with NHE to accelerate affordable housing delivery.
He said the plan is a blueprint for transparency, accountability, and performance-based management, which are key to effective public administration.
He urged local authorities to avail serviced land, saying land shortages often slow down projects.
“NHE cannot attain desired results without the support of local authorities who administer the land on which houses are constructed. I therefore urge all local authorities to support this noble cause and avail land so that residents in informal settlements can benefit,” he said.
Sankwasa said housing remains key to economic empowerment, helping Namibians build assets and improve their livelihoods.
NHE has committed to constructing 905 houses across the country by June 2026, alongside 2 000 houses targeted under the National Informal Settlement Upgrading Project by March 2026.
NHE board chairperson Toska Sem said the ISBP focuses on operational excellence, organisational growth, and customer service.
She said the plan aims to transform NHE into an agile, efficient, and customer-focused institution capable of meeting Namibia’s housing needs.
Between 2018/19 and 2023/24, NHE signed a memorandum of agreement with the City of Windhoek and the Ministry of Urban and Rural Development for the Informal Settlement Upgrading Programme, acquiring 1 097 plots and building 1 065 houses across various towns.
During the same period, Sem said NHE’s loan book grew by 91% from N$553 million to N$1.059 billion.
NHE projects total revenue of N$4.4 billion over the next five years, supported by housing sales, loan expansion and partnerships.
It expects a gross profit margin between 15% and 20%.
Sem said challenges such as land scarcity, high input costs, and limited access to finance remain, but the institution has adopted a risk management framework to monitor and mitigate these issues.
“Effective risk control requires collaboration and accountability across all levels of the organisation,” she said.
Caption
Urban and rural development minister James Sankwasa officiated the launch of the National Housing Enterprise’s Integrated Strategic Business Plan (2024/25–2028/29) in Windhoek.
- Photo: NHE
