The Namibia Agronomic Board (NAB) has accumulated an investment portfolio of N$420.5 million, according to its 2025 annual report.
From these investments, NAB chief executive Fidelis Mwazi says the board earned N$36.2 million from interest and investment income for the year ended 31 March 2025.
He says in previous financial years, the investments continued to perform strongly, delivering positive and competitive returns that contributed significantly to the organisation’s overall financial performance and stability.
In the previous financial year, investments were at N$387.4 million, reflecting a 9% growth.
Meanwhile, the board says interest and investment income for the year exceeded the budgeted N$31.5 million by N$4.7 million, mainly due to higher average cash reserves and sustained returns on fixed deposits in the money market.
“The NAB’s prudent investment strategy, emphasising capital preservation, liquidity, and risk diversification, ensured stable returns even under varying market conditions,” Mwazi says.
Total income for the year increased to N$262.9 million.
This was attributed to effective levy collections and solid investment returns, while expenditure remained below budget through prudent cost controls.
Mwazi says these gains contributed to a profit of N$152.3 million.
N$19 million has been allocated to the crop disaster fund and the crop value chain development fund to strengthen sector resilience.
The report shows that Namibia exported 8.7 million cartons of table grapes, 382 741 cartons of dates, and 112 579 cartons of blueberries that all met food and safety management requirements.
“Regulatory services maintained high performance levels, achieving 99.7% compliance at ports of entry and 99.5% inland,” Mwazi says.
The chief executive says there was progress in digital transformation with ongoing development upgrades to the Amid system and the completion of testing for the NAB E-Crop system.
This allows the organisation to fully automate inspections, production forecasting and stakeholder interfacing in the upcoming year.
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