Chamwe Kaira
The Namibia Civil Aviation Authority (NCAA) has reduced its losses to N$1 million for the financial year ending March 2025, down from N$8 million recorded in the previous year.
The authority presented its 2024/2025 integrated annual report to the minister of works and transport, Veikko Nekundi, on 6 November.
It described the report as a reflection of strong financial recovery and improved operational performance.
NCAA board chairperson Bethuel Mujetenga said the Authority achieved an unqualified audit opinion, showing solid governance and financial discipline.
“For the financial year ending March 2025, the NCAA reduced its operational loss to just N$1 million, compared to N$8 million in the previous year, while achieving a comprehensive profit of N$52 million, up from the N$25 million recorded previously,” Mujetenga stated.
He said the NCAA’s total assets increased by 66% to N$1 billion, supported by prudent investments and asset transfers.
This progress forms part of the NCAA’s five-year integrated strategic business plan (2023/24–2027/28), which focuses on financial stability, safety and security oversight, optimisation of air navigation services, customer focus, and organisational culture transformation.
The authority is rolling out infrastructure upgrades and capital projects to modernise Namibia’s aviation systems.
Key projects include the installation of new Radar, Air Traffic Management, and Wide Area Multilateration/Automatic Dependent Surveillance Broadcast systems within the Windhoek flight information region.
Mujetenga thanked the Ministry of Works and Transport for its continued support and praised the NCAA’s executive director, management, and staff for their professionalism and commitment to aviation safety.
“Through sound governance, financial prudence, and a lifelong dedication to safety, the NCAA remains a trusted regulator, listening, connecting, and building trust across Namibia’s skies,” he said.
The NCAA board includes Mujetenga, Martha Hitenanye (deputy chairperson), Josephine Shigwedha, Fernando Somaeb, Melkisedek Uupindi, Anselma Haushiku and Toska Sem (executive director).
The NCAA is mandated to regulate and oversee aviation safety and security systems in Namibia and provide safe and reliable air navigation services.
Caption
The board of the NCAA presented the integrated annual report to the minister of works and transport, Veikko Nekundi, last week.
- Photo: NCAA
