Air Namibia reliance on government fund laid bare by IPPR research

The Institute for Public Policy Research (IPPR) in Namibia has revealed that the country’s taxpayers have pumped nearly N$3, 5 billion into Air Namibia since 1999. The N$500 million Finance Minister Saara-Kuugongelwa-Amadhila intends spending on Air Namibia in 2012-13, the coming financial year, is the second highest amount she has earmarked for the airline since 1999-2000. In 2007-08, taxpayers coughed up an all-time high of N$538, 7 million. Other big chunks of cash included N$406 million in 2011-12 and N$400 million in 2003-04. In addition to the N$3,498 billion set aside for Air Namibia for the financial years 1999-2013, Kuugongelwa-Amadhila